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

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

APRIL 7, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. With automated processing, you can control spend and improve the bottom line. Predictive procurement, also known as predictive sourcing, is more than the latest trend in procurement. Download Free Copy. Written by.

Analytics 52

Analytics Strategic Sourcing Robotics Process Automation Out-Tasking 52

Planergy Software

MAY 30, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Implementing an automated travel and expense management solution is the best way to overcome this challenge. The best way to overcome this challenge is to automate as much of the process as possible.

Management 52

Management Automation Finance Reduced Overhead 52

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. Many readers tell us they would have paid consultants for the advice in these articles. 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.

Finance 40

Finance Co-Sourcing Sourcing Strategic Sourcing 40

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. Many readers tell us they would have paid consultants for the advice in these articles. What's Planergy?

Inventory Management 52

Inventory Management Sales Manufacturing Finance 52

Planergy Software

JANUARY 19, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. While the main goal is to reduce costs and improve sourcing, it can also help improve supplier relationships, giving your organization a competitive advantage. How to Conduct Your Own Analysis?

Supply Chain Management 52

Supply Chain Management Reduced Costs Robotics Process Automation Analytics 52

Planergy Software

JULY 27, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Software can help automate and streamline your processes. The ideal expense management solution will work with your accounting software and allow you to establish automated workflows for data entry and accounts payable.

Data Entry 52

Data Entry Finance Software Accounting 52

Planergy Software

FEBRUARY 8, 2022

Strategic Sourcing Supplier Performance Supplier Relationship Management. Segmenting your suppliers can also help you identify your level of risk for instance if you have a single source of supply for your product or service. Many readers tell us they would have paid consultants for the advice in these articles.

Strategic Sourcing 52

Strategic Sourcing Supply Chain Management Collaborations Finance 52

Planergy Software

JULY 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Use Automation Expense management automation tools can save time and eliminate tedious tasks such as manually entering data into spreadsheets or sending emails requesting receipts. download a free copy of our guide 3.

Management 52

Management Accounting Finance Out-Tasking 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

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

SEPTEMBER 20, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Corporate travel management software streamlines business travel processes by automating tasks such as booking flights, tracking expenses, and providing insights into travel spending patterns. But fear not, weary traveler!

Management 52

Management Right-Sizing Software Finance 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. Many readers tell us they would have paid consultants for the advice in these articles. What's Planergy?

Sales 52

Sales Accounting Inventory Management Finance 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. This could include devoting more resources to maintaining operations, using cloud-based tools, automation, and more.

Supply Chain Management 52

Supply Chain Management Risk Management Risk Management Government 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. Ensuring that all ingredients are sourced from reputable suppliers is vital for maintaining a product’s health and safety standards. Download Free Copy.

Supply Chain Management 52

Supply Chain Management Regulations Manufacturing Finance 52

Obobo

JANUARY 15, 2023

In this article, we will explore the definition of procurement cost savings, as well as its advantages and disadvantages. 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.

Reduced Costs 40

Reduced Costs Out-Tasking Strategic Sourcing Automation 40

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

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

SEPTEMBER 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. In this article, we will explore discretionary expenses in both personal and business contexts, including their definition, examples, and best practices for managing them. download a free copy of our guide 3.

Finance 52

Finance Insurance Software Management 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

JULY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Only 20% said their organizations use sustainability measures as primary criteria and sourcing decisions and supplier reviews. How to gain visibility and control of your indirect spend. Download Free Copy. Written by.

Supply Chain Management 52

Supply Chain Management Sourcing Manufacturing Finance 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. Many readers tell us they would have paid consultants for the advice in these articles. What's Planergy?

Finance 52

Finance Reduced Costs Management Risk Management 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.

Finance 52

Finance Accounting Out-Tasking Manufacturing 52

Obobo

MARCH 7, 2023

First, it can automate repetitive tasks such as creating purchase orders and sending them to suppliers. This frees up time for Procurement professionals to focus on more strategic tasks. With purchase management software, you can automate many of the tasks associated with procuring goods and services.

Software 40

Software Management Reduced Costs Data Entry 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. Companies today need to focus efforts on ethical sourcing , not just saving money wherever possible. Download Free Copy. Written by. Lyle Del Vecchio.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Management 52

Planergy Software

OCTOBER 4, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. IN THIS ARTICLE. “Big data compiles all your company’s data sources into a central location for processing and analysis.” How to report and analyze indirect spend to identify savings opportunities.

Analytics 52

Analytics Out-Tasking Right-Sizing Sourcing 52

Planergy Software

FEBRUARY 9, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Implementing Your Policy Customize the template to your needs, and automate it when possible. You’ll also be subscribed to our email newsletter and notified about new articles or if have something interesting to share.

Finance 52

Finance Regulations Insurance Management 52

Planergy Software

APRIL 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This could be using renewable energy, reducing the emissions your operations produce, sourcing as locally as possible to minimize the impact on natural ecosystems, and so on. Download Free Copy. Written by. Related Posts.

Finance 64

Finance Strategic Sourcing Government Management 64

Planergy Software

SEPTEMBER 6, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. As organizations grow, they require more advanced budgeting solutions and controls to handle increased data volume, automate repetitive tasks, and provide real-time insights into financial performance.

Right-Sizing 52

Right-Sizing Finance Collaborations Accounting 52

Planergy Software

NOVEMBER 1, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. IN THIS ARTICLE. We’ve helped save billions of dollars for our clients through better spend management, process automation in purchasing and finance, and reducing financial risks. Download Free Copy. Written by.

Reduced Costs 52

Reduced Costs Finance Accounting Strategic Sourcing 52

Planergy Software

FEBRUARY 10, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. You’ll be able to streamline the process with automation, across different departments if you handle everything from a central location. How to gain visibility and control of your indirect spend. Download Free Copy.

Reduced Overhead 52

Reduced Overhead Finance Inventory Management Management 52

Planergy Software

MARCH 24, 2022

Implement a Supplier Management System Using technology and the power of Automation in your purchasing process can help improve efficiency while minimizing communication issues. We’ve helped save billions of dollars for our clients through better spend management, process automation in purchasing and finance, and reducing financial risks.

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

Planergy Software

NOVEMBER 18, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. We’ve helped save billions of dollars for our clients through better spend management, process automation in purchasing and finance, and reducing financial risks. How to gain visibility and control of your indirect spend.

Sales 52

Sales Finance Strategic Sourcing Marketing 52

Planergy Software

OCTOBER 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. IN THIS ARTICLE. We’ve helped save billions of dollars for our clients through better spend management, process automation in purchasing and finance, and reducing financial risks. Download Free Copy. Written by.

Management 52

Management Out-Tasking Finance Software 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