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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. Operations or Finance? But in a larger sense, the entire operations department must tie back to finance to operate properly. Download Free Copy. Written by.

Finance 52
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CFO Challenges and Priorities in 2021 And Beyond

Planergy Software

In a business climate radically altered by both digital transformation and major disruptors such as the COVID-19 novel coronavirus pandemic, companies who want to compete, grow, and innovate effectively need both flexibility and resilience. In the past, the CFO served largely as a finance chief.

Finance 97
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The Future of FP&A: How The Role Is Evolving With The Use Of Real-Time Data

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Understanding FP&A It’s a role within the finance department that involves budgeting, forecasting, and analyzing a company’s financial reports and metrics. How to gain visibility and control of your indirect spend.

Finance 52
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7 Tips For Managing Project Budgets Successfully

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Stay Flexible. Estimate your direct costs by breaking your project into smaller tasks and assigning cost estimates to each task. Assign tasks to team members and track their progress. Download Free Copy.

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Big Data Analytics: What It Is and Why It Is Important

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Batch processing is a technique used in data processing to speed up the execution of a task by dividing it into a series of smaller tasks that can be executed concurrently. Download Free Copy. Written by.

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Strategic Budgeting: What Is It, Process, and Best Practices

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Among the various types of budgeting, strategic budgeting stands out as a powerful tool for achieving long-term financial goals. This involves other departments collaborating effectively with finance.

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Catalog Management in Procurement: What Is It, Types of Catalogs, Challenges and Best Practices To Manage Them

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. There are two types of external catalogs – vendor self-managed and punch-out catalogs. On the other hand, a punch-out catalog gives buyers access to the vendor’s website through the buyer’s procurement software.