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Subscribe to our newsletter to stay informed.",[1751,1752],"08873884-f99d-46d2-9481-0563134fdd37","2ef12409-8f14-46b2-a8d0-0175290269ec",[1754],{"cta":1755,"_uid":1756,"items":1757,"heading":1886,"reverse":29,"component":1907,"sectionSettings":1908},[],"1320905c-cdee-41a4-bbec-6d93ca2e4e3f",[1758,1829],{"_uid":1759,"title":1760,"component":1761,"description":1762},"dfc0accd-ab64-464a-8597-b76754748f04","What is spend management?","faqItem",{"type":49,"content":1763},[1764,1768],{"type":52,"content":1765},[1766],{"text":1767,"type":56},"Business spending includes different types of spend:",{"type":1769,"attrs":1770,"content":1774},"ordered_list",{"order":1771,"key":1773},{"order":1772},1,"ol-0",[1775,1786,1797],{"type":148,"content":1776},[1777],{"type":52,"content":1778},[1779,1783,1785],{"text":1780,"type":56,"marks":1781},"Strategic",[1782],{"type":109},{"text":1784,"type":56}," spend is usually centralized and managed by C-level executives with dedicated spenders. 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