Magellan Solutions

MARCH 13, 2024

Did you know companies embrace offshoring and outsourcing to improve efficiency and cut costs? Maximize cost savings and efficiency with this guide on strategic offshoring or outsourcing for small businesses and big players alike. Delegating tasks to external parties can significantly impact your business.

Offshoring 105

Offshoring Outsourcing Out-Tasking Labor Costs 105

Obobo

JANUARY 15, 2023

Today, businesses of all sizes are looking for ways to get more out of their resources and reduce costs. It helps with budgeting and forecasting, vendor management , cost control, contract management, and much more. Spend analytics software is one of the best ways to do this. But, what exactly is spend analytics software?

Analytics 40

Analytics Software Right-Sizing Reduced Costs 40

Obobo

JANUARY 15, 2023

Today, businesses of all sizes are looking for ways to get more out of their resources and reduce costs. It helps with budgeting and forecasting, vendor management, cost control, contract management, and much more. Spend analytics software is one of the best ways to do this. But, what exactly is spend analytics software?

Analytics 40

Analytics Software Right-Sizing Reduced Costs 40

Planergy Software

SEPTEMBER 20, 2023

Time and Cost Efficiency Employees may better understand their travel requirements and preferences, which can result in quicker decision-making and efficient bookings. Cost Control When employees are responsible for booking their own travel, they tend to be more mindful of costs.

Management 52

Management Right-Sizing Software Finance 52

Obobo

FEBRUARY 14, 2023

In order to avoid costs, procurement teams must be proactive and take actions such as negotiating better prices with suppliers, improving processes to reduce waste, and conducting market research to find cheaper alternatives. This is one of the most effective ways to reduce costs. Review your current spend.

Automation 52

Automation Sourcing Strategic Sourcing Analytics 52

Obobo

MARCH 19, 2023

To streamline the process, organizations can implement automation tools that can assist with each stage of the Contract Management Lifecycle to improve accuracy and efficiency. This technology coupled with the adoption of best practices in contract management has significantly reduced legal and financial risks for businesses.

Management 40

Management Reduced Costs Efficiency Regulations 40