Remove Collaborations Remove Finance Remove Risk Management Remove Strategic Sourcing
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Why Finance Leaders Should Care About Procurement and Finance Alignment

Planergy Software

How better management in AP can give you better flexibility for cash flow management. Why Finance Leaders Should Care About Procurement and Finance Alignment. This process left upper management such as Chief Financial Officers (CFOs) in the dark regarding purchases, leaving them to simply pay the bills at month-end.

Finance 52
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Budgeting Process: Steps and Best Practices for Planning a Budget

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This can provide peace of mind that your business’ finances are well-managed and help enable more informed decision making, and easier financial reporting.

Finance 92
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How Strategic Procurement Can Give You a Competitive Advantage

Planergy Software

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.

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Everything you need to know about Procurement savings

Obobo

Procurement and Finance teams are no different – they’re passionate about cutting costs and creating value for the company. We’ll cover the different types of savings, and provide concrete advice on how to identify those opportunities using the best practices of both Procurement and Finance departments. Table Of Content.

Finance 45
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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. A well-designed corporate travel program prioritizes employee safety by vetting travel suppliers, providing travel risk management resources, and offering 24/7 support for travelers in case of emergencies.

Finance 52
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Vendor Analysis: What Is It, Process, Types, and Best Practices

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Vendor analysis is crucial for risk management. This cross-functional collaborative approach can lead to better project outcomes, increased stakeholder satisfaction, and stronger vendor relationships.

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Supplier Management Best Practices

Planergy Software

They also include performance expectations, data breach management details, compliance requirements, and corresponding penalties for failure to operate within those confines. Your contract should also include information-sharing expectations so that you can effectively work collaboratively with your vendors.