LAC Group
Spend Management Services

Identify and realize savings across all spend categories

reliable-information-colored
$1 billion
in contract
value analyzed
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$250 million
in client savings
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250
contracts
negotiated annually

Reduce costs. Enhance profits. Gain spend visibility.

LAC Group generates free cash flow by finding ways to cut costs and optimize supplier relationships and services across 13 core spend categories. And with fees based on actual savings, our services pay for themselves, and then some.

Tell us your spend management obstacles and goals, and we'll make them our priority.

Our process

Why LAC Spend Management

Our procurement and profit experts have one goal: to elevate clients to best-of-class in indirect spend status.

  • Over $1.5 billion in savings since our inception in 1994
  • Vendor neutrality and objectivity
  • Optimization that include the nuances of each category
  • Practice leader expertise within their spend category
  • Cross-industry knowledge and data from decades of in-market experience

In short, LAC Group provides an extra set of hands and eyes to show you what you are spending and how to procure more efficiently.

Featured spend category

university library

Information and research expenses

Optimize your research and intelligence resources and eliminate excessive costs.

Why wait for a financial crisis when you can take steps to prevent one?

Often it takes a financial crisis or economic downturn for companies to examine their operating expenses. Better to be proactive now to prevent or reduce the pain of more drastic decisions later. Nothing can boost free cash flow as quickly as good spend management techniques and guidance from the spend experts at LAC Group.

Case study

Financial services client maximizes profits for business spin-off

This investment firm finds every advantage to maximize the value of its holdings, including spend management strategies and techniques.

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Latest from our spend experts

Blog

Legal information vendor and market updates

We’re witnessing rapid changes across the legal information and legal technology vendor landscape. To keep firms ahead of the curve and help them understand their options, we expect to be sharing periodic updates.

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Resources

Report: Financial research for law firms

The legal industry is reliant on clean, actionable and timely financial intelligence, especially law firms with strong practice areas in the financial arena and firms in need of private company data, which is not as readily available as public company…

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Ready to talk to a spend expert?

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