IBM Business Partners

JULY 27, 2023

The following are some of the most impactful ways oil and gas is embracing EAM as an asset management strategy: Asset lifecycle management : Oil and gas assets are intricate, costly and have lengthy lifecycles. Cost control and budgeting : EAM systems provide valuable insights into asset performance as it relates to maintenance costs.

Inventory Management 56

Inventory Management Risk Management Risk Management Regulations 56

Obobo

JULY 14, 2022

A clear and consistent expectation-and ramifications for noncompliance-is the key to vendor risk management and vendor compliance. It is essential to communicate clearly A well-managed compliance program benefits both you and your suppliers. For best results, keep your communication brief and clear.

Reduced Costs 59

Reduced Costs Accounting Cost Control Risk Management 59

Obobo

JULY 31, 2022

A clear and consistent expectation-and ramifications for noncompliance-is the key to vendor risk management and vendor compliance. It is essential to communicate clearly A well-managed compliance program benefits both you and your suppliers. For best results, keep your communication brief and clear.

Reduced Costs 52

Reduced Costs Accounting Cost Control Risk Management 52

Planergy Software

SEPTEMBER 20, 2023

Allowing employees to take charge of their travel arrangements reduces the burden on travel managers or administrative staff, freeing them up to focus on other important tasks. 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

MARCH 19, 2023

Improved compliance: A well-managed contract management lifecycle reduces the risk of non-compliance with legal, regulatory, and contractual obligations. Better cost control: With the help of contract management tools, organizations can gain a better understanding of their spending patterns across contracts.

Management 40

Management Reduced Costs Efficiency Regulations 40

Obobo

MARCH 19, 2023

– Contract monitoring and management: This involves reviewing and monitoring the contract to ensure that the vendor is meeting their obligations. – Risk management: VCM helps identify and mitigate risks associated with vendor contracts, such as cybersecurity threats, data breaches, or financial instability.

Management 40

Management Reduced Costs Automation Accounting 40