CombineNet, Inc. Blog 5 Tips to Help Prevent and Control Maverick Spend

Being a maverick isn't all bad. Just look at Steve Jobs and Sir Richard Branson. Their outside-the-box ideas drove innovation and resulted in enormous successes. But for companies trying to manage spend - and let's be honest, who isn't? - rules-are-meant-to-be-broken behaviors such as maverick spend can wreak havoc on processes and, ultimately, your company's bottom line. The upside is that it creates opportunities for procurement managers to re-evaluate processes, identify shortfalls and tighten spend gaps.