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KEY INFORMATION

Tail Spend Management

STATUS - In Development

REFERENCE - NEPO534

NEPO has established a solution in relation to the supply of Tail Spend Management. From stakeholder and soft market engagement, NEPO identified the need for a solution to control and manage spend that is below UK Public Procurement thresholds.

NEPO understands that low value, high volume spend presents many challenges for public sector organisations such as missed commercial benefits, non-compliant spending, increased maverick buying and high associated administration costs.

The resulting solution is a fully managed service for the purchase and management of tail spend across goods and services. The service can be used to enhance tail spend management by utilising improved commercial agreements, reducing administration burdens for procurement and accounts payable teams and consolidating supplier relationship management through the use of eProcurement technology and managed service support.

Tail Spend Management solution benefits:

  • Provide a reduction in costs associated with managing tail spend
  • Enhance commercial agreements with supply chains
  • Improve process efficiencies such as P2P and invoice processing
  • Rationalise supply chain and attributed risk
  • Increased engagement and awareness throughout the Contracting Authority of improved procurement processes and systems
  • Strengthen overall procurement process visibility
  • Remind non-procurement stakeholders to understand their responsibilities concerning local buying policies
  • Reduce workload for procurement and accounts payable teams when handling and paying invoices
  •  

This solution will commence in June 2025 and is available for use by public sector organisations across the UK.

REFERENCE NEPO534

CONTRACT AWARD NOTICE 2025/S 000-027727

SUPPLIERS Nomia

AVAILABLE FOR USE BY All Associate Members/Member Authorities

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