Spend Manager is an official business term that refers to a type of software designed to help organizations better manage their spending. This type of software is designed to help organizations track and analyze their spending, as well as identify areas where they can save money. It can also be used to help identify areas where the organization can invest more money to increase efficiency and profitability. Spend Manager software can be used to monitor spending across departments, identify spending trends, and create reports to help inform decision-making. Additionally, it can be used to set spending limits and track progress towards budget goals. Ultimately, Spend Manager software can help organizations better manage their spending, allowing them to make smarter financial decisions and increase their bottom line.