The contract management benefit which lets an organization see if it is purchasing at the right times, quantities, and prices, and if those purchases are standardized with consistent contract terms and conditions is:
A) Improved compliance management.
B) Expenditure visibility.
C) Enhanced spending and performance analysis.
D) Evergreen contract elimination.

Question

Quizplus · Accepted Answer

Expenditure visibility allows organizations to track and analyze their purchasing patterns, ensuring they are buying at optimal times, quantities, and prices, and maintaining consistency in contract terms.

The Contract Management Benefit Which Lets an Organization See If