Planergy Software

SEPTEMBER 6, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Different Types of Budgeting Methods There are various different types of budgets and budgeting models in accounting. This involves other departments collaborating effectively with finance.

Right-Sizing 52

Right-Sizing Finance Collaborations Accounting 52

Planergy Software

OCTOBER 18, 2023

Modern Spend Management and Accounts Payable software. 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. What's Planergy? Download PDF What’s your goal today?

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. Leverage technology solutions to automate procurement procedures , improve compliance, and reduce costs. Procurement teams can also use technology to manage purchasing more efficiently.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

SIG Speaks

APRIL 14, 2022

The paper then goes on to say that “the teams that should collaborate most directly are those focused on strategic sourcing and procure-to-pay.” The author then adds that "a successful source-to-settle workflow must look at the entire ecosystem that connects sourcing and procurement to accounts payable and treasury.".

Finance 40

Finance Co-Sourcing Sourcing Strategic Sourcing 40

Obobo

JANUARY 15, 2023

This can be accomplished through a variety of methods, such as negotiating better prices with suppliers, streamlining the procurement process, or using procurement software to automate repetitive tasks. In addition, automating the procurement process can help eliminate errors and save time, which can further reduce costs.

Reduced Costs 40

Reduced Costs Out-Tasking Strategic Sourcing Automation 40

Planergy Software

DECEMBER 29, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. That means working with agile partners, which most standard procurement strategies don’t account for. Best Practices for Your Marketing Procurement Process and Strategic Sourcing. Download Free Copy. Written by.

Marketing 52

Marketing Strategic Sourcing Out-Tasking Sourcing 52

Obobo

MARCH 30, 2023

Procurement cost savings refer to the savings achieved through strategic sourcing , negotiation, and reducing excess spending in procurement. The ability to collaborate and communicate regularly with suppliers can lead to better relationships, efficiencies, and increased innovation.

Analytics 40

Analytics Reduced Costs Strategic Sourcing Software 40

Planergy Software

OCTOBER 20, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. RFIs can also help buyers identify potential suppliers and compare them against each other, which is crucial for strategic sourcing. Use PLANERGY to manage purchasing and accounts payable. Download Free Copy.

Supply Chain Management 52

Supply Chain Management Strategic Sourcing Sourcing Finance 52

Planergy Software

APRIL 19, 2022

On the surface, aligning with operations makes sense, since procurement involves strategic sourcing of everything from the materials, and equipment needed to operate the business, to contract management. But P2P solutions also include the accounts payable process, which is traditionally part of the finance department.

Finance 52

Finance Accounting Out-Tasking Manufacturing 52

Planergy Software

SEPTEMBER 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. These expenses can help build relationships, foster collaboration, and expand your business network. How to gain visibility and control of your indirect spend. How customizable are the reports? Book a Live Demo 2.

Finance 52

Finance Insurance Software Management 52

Planergy Software

JANUARY 19, 2024

Modern Spend Management and Accounts Payable software. 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. What's Planergy? Download PDF What’s your goal today?

Risk Management 52

Risk Management Risk Management Supply Chain Management Sourcing 52

Planergy Software

DECEMBER 12, 2023

Modern Spend Management and Accounts Payable software. 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. What's Planergy? Download PDF What’s your goal today?

Finance 52

Finance Government Redistribution Administrative 52

Obobo

AUGUST 2, 2022

In addition to data you capture and measure objectively, these KPIs should also take into account contextual factors and qualitative observations. Ensure that your contract includes information-sharing expectations so that you and your suppliers can work collaboratively. Establish a Supplier Management System.

Management 64

Management Right-Sizing Supply Chain Management Strategic Sourcing 64

Planergy Software

MARCH 24, 2022

Your contract should also include information-sharing expectations so that you can effectively work collaboratively with your vendors. Implement a Supplier Management System Using technology and the power of Automation in your purchasing process can help improve efficiency while minimizing communication issues. Download PDF.

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

Planergy Software

OCTOBER 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. In addition, if you’re working with a team, team members can use the software to collaborate and stay up-to-date on the project’s progress. Not accounting for inflation. Download Free Copy. Written by.

Management 52

Management Out-Tasking Finance Software 52

Obobo

MARCH 21, 2023

Procurement savings refer to the cost reductions that are achieved by a company when it purchases goods and services through a strategic sourcing process. key Takeaway: Procurement savings are the cost reductions achieved by a company when purchasing goods and services through strategic sourcing. What is Procurement?

Finance 45

Finance Strategic Sourcing Software Reduced Costs 45

Obobo

AUGUST 16, 2022

In addition to data you capture and measure objectively, these KPIs should also take into account contextual factors and qualitative observations. Ensure that your contract includes information-sharing expectations so that you and your suppliers can work collaboratively. Establish a Supplier Management System.

Management 52

Management Right-Sizing Supply Chain Management Strategic Sourcing 52

Planergy Software

FEBRUARY 9, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Collaboration and cooperation between these two teams are crucial. Implementing Your Policy Customize the template to your needs, and automate it when possible. Deploy the policy with employees, and collect feedback.

Finance 52

Finance Regulations Insurance Management 52

Planergy Software

JANUARY 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This process also helps create transparency within the supply chain so that everyone involved knows what’s going on at all times, leading to better communication and collaboration between all parties involved. Download PDF.

Supply Chain Management 52

Supply Chain Management Regulations Manufacturing Finance 52

Planergy Software

JULY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. For example, consider collaborating with value chain partners to reduce carbon emissions in the intensive areas of your supply chain. Use PLANERGY to manage purchasing and accounts payable. Download Free Copy.

Supply Chain Management 52

Supply Chain Management Sourcing Manufacturing Finance 52

Planergy Software

SEPTEMBER 24, 2021

Securing competitive advantage means mastering emerging technologies and developing strategies that incorporate risk management, data-driven decision making, and a collaborative, agile approach. They need to understand emerging technologies such as artificial intelligence, data analytics, and robotic process automation.

Finance 97

Finance Collaborations Flexibility Robotics Process Automation 97

Planergy Software

JULY 21, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Whether you work with a small business or enterprise-level partner, strategic sourcing is key because you want to keep stakeholders happy. How to gain visibility and control of your indirect spend. Book a Live Demo 2.

Management 52

Management Service Strategic Sourcing Supply Chain Management 52

Planergy Software

SEPTEMBER 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Ultimately, the strategic collaboration between Disney and Pixar resulted in a powerful synergy that strengthened both companies’ positions in the animation market and created memorable content for audiences globally.

Manufacturing 52

Manufacturing E-Commerce Human Resources Marketing 52

Planergy Software

FEBRUARY 8, 2022

Strategic Sourcing Supplier Performance Supplier Relationship Management. Why is developing collaborative relationships with your most strategic suppliers crucial to your success? This means focusing your attention and effort on the top 80% of the spend which usually accounts for 20% of your supplier database.

Strategic Sourcing 52

Strategic Sourcing Supply Chain Management Collaborations Finance 52

Planergy Software

APRIL 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Source and Generate Data Of course, if you don’t have good data, to begin with, you won’t be able to leverage it to your advantage. How to gain visibility and control of your indirect spend. Download Free Copy.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Management 52

Planergy Software

NOVEMBER 29, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Best Practices & Tips Strategic Sourcing Supplier Relationship Management. Use PLANERGY to manage purchasing and accounts payable. How to report and analyze indirect spend to identify savings opportunities.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Supply Chain Management 52

Planergy Software

DECEMBER 11, 2023

Modern Spend Management and Accounts Payable software. 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. What's Planergy?

Government 52

Government Collaborations Finance Accounting 52