Remove Collaborations Remove Finance Remove Regulations Remove Strategic Sourcing
article thumbnail

Thoughts on Crowd Sourcing

SIG Speaks

A decade ago, outsourcing procurement and engineering functions to a crowdsourcing organization would have seemed radically innovative, especially in regulated utilities. I graduated with honors from the University of Kentucky’s Gatton School of Business in 2022 and received a degree in management and finance.

article thumbnail

Multi-Academy Trust (MAT): What Is It and How Can Schools Benefit?

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The schools within a MAT often share common values and ethos, fostering a collaborative environment to improve educational outcomes for all students within the trust. How to gain visibility and control of your indirect spend.

professionals

Sign Up for our Newsletter

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

article thumbnail

Corporate Travel Program: How To Create a Program for Employer and Employee Needs

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Businesses can ensure that employees comply with internal and external regulations by centralizing the travel booking process and establishing clear procedures. How to gain visibility and control of your indirect spend.

Finance 52
article thumbnail

Successful Governance in Procurement

SIG Speaks

The AP team would make sure that the suppliers are set up correctly and that all Government regulations are followed. . In her capacity at CoStar she ensures collaboration with the internal business partners and consolidate the global spend within the CoStar family of companies.

article thumbnail

Travel and Expense Policy: What Is It, Example Template, and Best Practices

Planergy Software

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
article thumbnail

Services Procurement: What Is It and How To Manage It

Planergy Software

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.

article thumbnail

Supplier Tiers: What’s The Difference Between Tier 1, Tier 2, and Tier 3

Planergy Software

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.