Planergy Software

SEPTEMBER 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. In this article, we will discuss the typical steps involved in the budgeting process, the challenges of forecasting, best practices for effective business budgeting. How to gain visibility and control of your indirect spend.

Finance 92

Finance Software Accounting Management 92

Planergy Software

JANUARY 19, 2024

Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Efficiency: Evaluate how efficiently the vendor can deliver their products or services. What's Planergy?

Risk Management 52

Risk Management Risk Management Supply Chain Management Sourcing 52

SIG Speaks

APRIL 14, 2022

His reasoning was supported by a 2006 article that asserted, “Too often, finance executives in Corporate America simply don’t believe that purchasing departments are really bringing in the savings they claim" because “financing and purchasing don’t speak the same language.”. Orchestrating Success. Building On Rudzki.

Finance 40

Finance Co-Sourcing Sourcing Strategic Sourcing 40

Planergy Software

OCTOBER 20, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Sourcing Supply Chain Management. RFIs can also help buyers identify potential suppliers and compare them against each other, which is crucial for strategic sourcing. Download Free Copy. Written by. 15 min read.

Supply Chain Management 52

Supply Chain Management Strategic Sourcing Sourcing Finance 52

Planergy Software

OCTOBER 26, 2023

Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Better Overall Inventory Management Knowing your DIO can help you manage your inventory flow more efficiently.

Inventory Management 52

Inventory Management Sales Manufacturing Finance 52

Planergy Software

JANUARY 18, 2024

Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Many readers tell us they would have paid consultants for the advice in these articles. What's Planergy?

Management 52

Management Inventory Management Regulations E-Commerce 52

Obobo

DECEMBER 17, 2021

In light of the ongoing effects of the pandemic, it is essential that businesses keep track of all cost reduction initiatives and strategic sourcing in order to survive harsh economic declines. Savings tracking refers to a method of estimating how much a company will save by using strategic sourcing and other cost-effective tactics.

Strategic Sourcing 52

Strategic Sourcing Finance Software Out-Tasking 52

Planergy Software

MARCH 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It also aims to improve efficiency, monitor and control workflows, and maintain regulatory compliance. An optimized spend management process can result in 90%+ in operational efficiency savings. Download Free Copy.

Management 52

Management Strategic Sourcing Accounting Right-Sizing 52

Planergy Software

JULY 14, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Download Free Copy P-Cards: What Are Corporate Purchasing Cards and How Do They Work Written by Keith Murphy 18 min read Expense Management Expense Reporting Technology & Software Download PDF IN THIS ARTICLE What Are P-Cards?

Banking 52

Banking Labor Costs Strategic Sourcing Accounting 52

Planergy Software

DECEMBER 22, 2023

Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. However, a low number does not always equate with efficiency. What's Planergy?

Sales 52

Sales Accounting Inventory Management Finance 52

Planergy Software

DECEMBER 25, 2023

Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. No more tedious data collection and processing – just pure, high-quality insights and strategic recommendations.

Finance 52

Finance Software Automation Analytics 52

Planergy Software

MARCH 29, 2022

It’s almost impossible for business leaders to make decisions based on myriad data sources until the big data is converted into relevant information and then actionable insights. Mostly, data is stored in disparate systems with varying degrees of accuracy across sources.

Analytics 52

Analytics Accounting Finance Strategic Sourcing 52

Planergy Software

JANUARY 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. IN THIS ARTICLE. Creating Strategic Partnerships. You can manage suppliers by breaking them down into different tiers more efficiently. Creating Strategic Partnerships. Download Free Copy. Written by.

Supply Chain Management 52

Supply Chain Management Regulations Manufacturing Finance 52

Planergy Software

MAY 30, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. But by implementing T&E management best practices, you can make the process simpler and more efficient. How to report and analyze indirect spend to identify savings opportunities.

Management 52

Management Automation Finance Reduced Overhead 52

Planergy Software

DECEMBER 12, 2023

Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This can include seeking additional funding sources such as grants, donations, or fundraising activities.

Finance 52

Finance Government Redistribution Administrative 52

Planergy Software

OCTOBER 18, 2023

Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Efficiency Streamlining the travel booking process saves time and resources for both employees and the company.

Finance 52

Finance Reduced Costs Management Risk Management 52

Obobo

MARCH 23, 2023

Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing. Centralize purchasing to drive efficiency, streamline purchasing procedures, and minimize silos. Procurement teams can also use technology to manage purchasing more efficiently.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Planergy Software

JANUARY 19, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. As it often proves reliable when estimating outcomes, this concept is widely used by various industries attempting to maximize their efficiency. How to report and analyze indirect spend to identify savings opportunities.

Supply Chain Management 52

Supply Chain Management Reduced Costs Robotics Process Automation Analytics 52

Planergy Software

SEPTEMBER 20, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. In this article, we’ll explore the top 10 tools every business traveler should have in their arsenal and answer some common questions about business travel management. But fear not, weary traveler!

Management 52

Management Right-Sizing Software Finance 52

Planergy Software

JANUARY 20, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Sourcing Supply Chain Management. Local sourcing means that your raw materials come from other local businesses, which keeps the economy in good shape. Download Free Copy. The Benefits of Localized Supply Chain.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Retail 52

Planergy Software

OCTOBER 4, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. IN THIS ARTICLE. Another advantage of big data analytics is that it can help organizations reduce costs and improve efficiency. They can also figure out how to create those products in the most efficient way possible.

Analytics 52

Analytics Out-Tasking Right-Sizing Sourcing 52

Planergy Software

JULY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Strong and sturdy credentials drive down costs by as much as 10% since these companies are focusing on operational efficiency and waste reduction. How to gain visibility and control of your indirect spend. Download Free Copy.

Supply Chain Management 52

Supply Chain Management Sourcing Manufacturing Finance 52

Obobo

JANUARY 15, 2023

It’s a question that has been asked by many businesses looking to make the most efficient use of their resources and maximize their profits. In this article, we will explore the definition of procurement cost savings, as well as its advantages and disadvantages. Here are some of the most common: 1.

Reduced Costs 40

Reduced Costs Out-Tasking Strategic Sourcing Automation 40

Planergy Software

APRIL 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Process & Procedures Sourcing Supply Chain Management. Strategic The strategic level is the top level of supply chain management. It’s not just efficient and effective decision-making that matters.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Management 52

Planergy Software

SEPTEMBER 6, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This method encourages efficiency and reduces unnecessary spending by forcing organizations to evaluate each expenditure and its contribution to its goals carefully. How to gain visibility and control of your indirect spend.

Right-Sizing 52

Right-Sizing Finance Collaborations Accounting 52

Obobo

MARCH 21, 2023

In this article, we’ll look at what Procurement teams need to understand about savings so that they can identify every possible opportunity for their organization. Procurement savings refer to the cost reductions that are achieved by a company when it purchases goods and services through a strategic sourcing process.

Finance 45

Finance Strategic Sourcing Software Reduced Costs 45

Planergy Software

OCTOBER 13, 2023

Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Many readers tell us they would have paid consultants for the advice in these articles. What's Planergy?

Finance 52

Finance Government Flexibility Redistribution 52

Obobo

MARCH 7, 2023

Get ready to discover a game-changing solution that will enhance accuracy, efficiency, and transparency across all stages of the procurement cycle! Benefits of using purchase management software include increased efficiency, improved accuracy, and reduced costs. What is purchase management software? appeared first on Oboloo.

Software 40

Software Management Reduced Costs Data Entry 40

Planergy Software

SEPTEMBER 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services.

Manufacturing 52

Manufacturing E-Commerce Human Resources Marketing 52

Planergy Software

DECEMBER 11, 2023

Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This will ensure the best business efficiency and value for money is realised by the trust. What's Planergy?

Government 52

Government Collaborations Finance Accounting 52

Planergy Software

JULY 27, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Monitor and Evaluate the Process You should regularly monitor and evaluate the expense reporting process to ensure it works effectively and efficiently. How to gain visibility and control of your indirect spend.

Data Entry 52

Data Entry Finance Software Accounting 52

Planergy Software

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Source what you can from reclamation centers and use recycling whenever possible. When you choose to integrate systems, avoid medications and work with experts to maximize efficiency, as this will help boost profitability.

Supply Chain Management 52

Supply Chain Management Risk Management Risk Management Government 52

Planergy Software

NOVEMBER 1, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. IN THIS ARTICLE. PSPs benefit buyers because they can lead to reduced costs, improved quality and service levels, and increased procurement efficiency. How to gain visibility and control of your indirect spend.

Reduced Costs 52

Reduced Costs Finance Accounting Strategic Sourcing 52

Planergy Software

APRIL 19, 2022

Without someone to properly source these materials and make purchasing decisions based on budgetary considerations, the cost of goods sold would probably rise, the company’s profit margin would go down, and the future of the business would be negatively impacted. But Justin isn’t only responsible for procuring materials. Related Posts.

Finance 52

Finance Accounting Out-Tasking Manufacturing 52

Planergy Software

OCTOBER 17, 2023

Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Small business loans can be obtained from various sources, including banks, credit unions, and online lenders.

Accounting 52

Accounting Finance Banking Strategic Sourcing 52

Planergy Software

FEBRUARY 10, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Centralized organizations, on the other hand, operate with a more efficient purchasing process by dedicating their own department, otherwise known as a procurement department. Download Free Copy. Written by.

Reduced Overhead 52

Reduced Overhead Finance Inventory Management Management 52

Planergy Software

APRIL 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. And as everyone races to become as efficient as possible, inventory was at the lowest possible level, if it even existed at all, thanks to just-in-time processes. How to gain visibility and control of your indirect spend.

Finance 64

Finance Strategic Sourcing Government Management 64