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. As the influential thinker on management, Peter Drucker, famously said ‘if you can’t measure, it you can’t improve it’.

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. Between booking flights, finding accommodations, and managing expenses, it’s easy to feel overwhelmed. The right business travel management tools can save you time, money, and countless headaches.

Management 52

Management Right-Sizing Software Finance 52

Planergy Software

SEPTEMBER 8, 2022

Supplier relationship management is crucial for your operations. If suppliers feel like you’re constantly criticizing them or looking for ways to reduce costs, they may be less likely to want to do business with you in the future. This includes adhering to regulatory requirements, ethical sourcing practices, etc.

Management 52

Management Finance Flexibility Software 52

Planergy Software

MARCH 24, 2022

Create and Maintain a Supplier Database It’s crucial to own a detailed and current supplier database as this will help in planning, reducing costs, choosing new vendors, and promoting strong supplier relationships. It also involves risk management, supplier relationship management (SRM), and contract management.

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

Obobo

MARCH 19, 2023

Contract management systems provide an automated platform that enables businesses to store, track, and manage contracts more efficiently. But what exactly is a contract management system? By leveraging a CMS, businesses can achieve increased efficiency in their operations, reduce costs, and minimize risk.

Management 40

Management Automation Out-Tasking Administrative 40

Obobo

MARCH 19, 2023

A contract management lifecycle (CML) is the framework organizations use to monitor and manage contracts throughout their entire lifespan. In this article, we will discuss what CML is and why it’s important for organizations to have an effective contract management strategy in place.

Management 40

Management Reduced Costs Efficiency Regulations 40

Obobo

MARCH 21, 2023

Procurement and Finance teams are no different – they’re passionate about cutting costs and creating value for the company. 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. What is Procurement? What is Procurement ?

Finance 45

Finance Strategic Sourcing Software Reduced Costs 45

Frevvo

JANUARY 3, 2022

However, poor procurement practices and inefficient processes can result in slow approval cycles, missed payments, higher costs, and even instances of fraud. An effective procurement management system can help you address these challenges. What Is Procurement Management? Reducing costs is a top priority for 76.4%

Management 52

Management Automation Software Out-Tasking 52

Frevvo

JANUARY 3, 2022

However, poor procurement practices and inefficient processes can result in slow approval cycles, missed payments, higher costs, and even instances of fraud. An effective procurement management system can help you address these challenges. What Is Procurement Management? Reducing costs is a top priority for 76.4%

Management 52

Management Automation Software Out-Tasking 52

Obobo

MARCH 19, 2023

Through proper contract management, organizations can reduce legal costs, increase their bottom line, ensure compliance with regulations and industry standards, and even strengthen customer relationships. Challenges of Contract Management Have you ever struggled to keep track of contractual agreements and deadlines?

Management 40

Management Collaborations Automation Out-Tasking 40

Obobo

MARCH 19, 2023

Providing accurate, factual, and up-to-date information that is supported by reliable sources and references is essential. You can include quotes from industry experts, such as Gartner or Forrester, to support the facts presented in the article. How Can CLM Software Improve Visibility?

Software 40

Software Management Collaborations Automation 40

Obobo

MARCH 19, 2023

Vendor contracts management is a critical component of any business, no matter its size or industry. In this article, we’ll provide an overview of vendor contract management and how it can benefit your business. Moreover, it’s become increasingly important in a world of global unrestricted trade and economic upheaval.

Management 40

Management Reduced Costs Automation Accounting 40

Planergy Software

SEPTEMBER 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. While these investments can lead to long-term benefits, they can also strain a company’s financial resources and require careful planning and risk management. download a free copy of our guide 3.

Manufacturing 52

Manufacturing E-Commerce Human Resources Marketing 52