SIG Speaks

DECEMBER 21, 2023

Since the negotiation and contracting phases are just the beginning of the relationship, significant value can be driven by incorporating a governance framework into the contracting phase and instilling a collaborative relationship early on. Before joining the Procurement world in 2017, Kate held roles.

Management 40

Management Strategic Sourcing Government Sourcing 40

Planergy Software

SEPTEMBER 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. We will also look at how spend management software , like Planergy, can help keep track of expenses and control spending within budget limits. How to gain visibility and control of your indirect spend.

Finance 92

Finance Software Accounting Management 92

Planergy Software

DECEMBER 25, 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?

Finance 52

Finance Software Automation Analytics 52

Planergy Software

MAY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. How Strategic Procurement Can Give You a Competitive Advantage. Procurement Strategic Sourcing. You can do it by negotiating favorable terms and promoting collaboration with cross-functional teams.

Strategic Sourcing 59

Strategic Sourcing Sourcing Reduced Costs Supply Chain Management 59

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?

Finance 52

Finance Reduced Costs Management Risk 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 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

Obobo

JULY 1, 2022

An S2P is a sourcing and procurement process in which suppliers are sought out, negotiated with, signed up for, and eventually paid for their products or services. S2P software enables individuals and organizations to create a more efficient procurement process. . S2P software offers many advantages. The potential?

Sourcing 52

Sourcing Accounting Software Automation 52

Planergy Software

DECEMBER 29, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Managing the challenges with best practices, including using procurement software for the marketing spend category helps simplify your process. Best Practices for Your Marketing Procurement Process and Strategic Sourcing.

Marketing 52

Marketing Strategic Sourcing Out-Tasking Sourcing 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. By adopting best practices such as spend analysis, supplier management, and e-procurement , companies can save money and increase efficiency.

Finance 45

Finance Strategic Sourcing Software Reduced Costs 45

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

SEPTEMBER 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Fuel costs are essential for vehicle operation and depend on fuel efficiency and driving habits. Examples include project management tools, graphic design software, and social media scheduling platforms.

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?

Risk Management 52

Risk Management Risk Management Supply Chain Management Sourcing 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. This can be done by automating routine tasks, eliminating unnecessary steps, and improving communication and collaboration between Procurement and other departments within the organization.

Reduced Costs 40

Reduced Costs Out-Tasking Strategic Sourcing Automation 40

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?

Finance 52

Finance Government Redistribution Administrative 52

Planergy Software

OCTOBER 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Use Software to Help You Track Your Progress. You can avoid misunderstandings and resolve conflicts quickly and efficiently by keeping detailed records. Use Software to Help You Track Your Progress. Written by.

Management 52

Management Out-Tasking Finance Software 52

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. Quickly and efficiently making cost-effective decisions on future projects.

Supply Chain Management 52

Supply Chain Management Strategic Sourcing Sourcing Finance 52

Planergy Software

JANUARY 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. You can manage suppliers by breaking them down into different tiers more efficiently. The post Supplier Tiers: What’s The Difference Between Tier 1, Tier 2, and Tier 3 appeared first on Planergy Software.

Supply Chain Management 52

Supply Chain Management Regulations Manufacturing 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. The post Why Finance Leaders Should Care About Procurement and Finance Alignment appeared first on PLANERGY Software.

Finance 52

Finance Accounting Out-Tasking Manufacturing 52

Planergy Software

FEBRUARY 9, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It’s efficient and cost-effective to have a predetermined budget for each employee that adheres to the company’s financial regulations – this ensures employee reimbursements are issued following company standards.

Finance 52

Finance Regulations Insurance Management 52

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

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

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

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. Taking a collaborative approach to supplier relationship management can help improve cash flow.

Finance 97

Finance Collaborations Flexibility Robotics Process Automation 97

Obobo

JUNE 15, 2022

In many cases, companies believe they do not need a procurement software solution because they believe they are not large enough. By saving time and money, these software systems help companies be more efficient. In today’s world, many vendors are used to electronic procurement and prefer it as a process.

Strategic Sourcing 52

Strategic Sourcing Sourcing Software Streamline Operations 52

Future of Sourcing

MAY 9, 2023

Conducting Sourcing During a Crisis Following strategies are adopted by best-in-class procurement teams that help them navigate through the uncertainties faced during a calamity: 1. Investing in Collaborative Sourcing Every procurement expert stresses the importance of collaboration.

Sourcing 52

Sourcing Collaborations Analytics Strategic Sourcing 52

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.

Management 52

Management Service Strategic Sourcing Supply Chain 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. As these suppliers lose their autonomy, they may also experience a decrease in efficiency and productivity. Increase efficiency?

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Supply Chain Management 52

Planergy Software

APRIL 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Strategic The strategic level is the top level of supply chain management. It’s not just efficient and effective decision-making that matters. How to gain visibility and control of your indirect spend.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing 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