article thumbnail

Predictive Analytics in Procurement For Actionable Insights

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Predictive Analytics in Procurement For Actionable Insights. Predictive Analytics in Procurement For Actionable Insights Since the pandemic in 2020, supply chain disruptions have become more commonplace. Written by.

article thumbnail

How Procurement Has Bridged The Gap With Finance

SIG Speaks

Be sure to note his dual finance and procurement role. Based on his expertise – which includes an MBA in Finance from the world’s oldest and most prestigious business school, Rudzki identified the five critical finance terms every purchaser should know. and Bethlehem Steel Corp. Fast Forward To 2020. Building On Rudzki.

Finance 40
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Big Data Analytics: What It Is and Why It Is Important

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Big Data Analytics: What It Is and Why It Is Important. Big Data Business Intelligence (BI) Spend Analytics. What is Big Data Analytics? How Big Data Analytics Works? How Big Data Analytics Works?

article thumbnail

The Future of FP&A: How The Role Is Evolving With The Use Of Real-Time Data

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Understanding FP&A It’s a role within the finance department that involves budgeting, forecasting, and analyzing a company’s financial reports and metrics. How to gain visibility and control of your indirect spend.

Finance 52
article thumbnail

Category Management Playbook and Category Strategy Planning

SIG Speaks

SIG University Certified Sourcing Professional (CSP) program graduate Prateek Jindal describes how the course helped him and his team increase value from improving their strategic sourcing strategies on down through your category playbook.

article thumbnail

CFO Challenges and Priorities in 2021 And Beyond

Planergy Software

In the past, the CFO served largely as a finance chief. They were a liaison between the finance team (along with procurement) and upper management in the C-suite. They don’t just lead the finance team or spearhead initiatives to reduce costs. Today’s CFO Challenges Are Bigger Than Ever.

Finance 97
article thumbnail

Turning Data Into Actionable Insights

Planergy Software

Here is a 5-step process that can help you convert raw data into actionable insights: Set clear end business goals and objectives It’s critical for an organization to keep an eye on the prize — the end goals to be achieved from data analytics should be clearly outlined. The goals should align with the company’s strategic priorities.