Remove Finance Remove Flexibility Remove Reduced Costs Remove Strategic Sourcing
article thumbnail

Supplier Consolidation: What It Is, Benefits, and Risks

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Best Practices & Tips Strategic Sourcing Supplier Relationship Management. Supplier consolidation involves reducing the number of suppliers you work with. Loss of Contract Flexibility.

article thumbnail

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
professionals

Sign Up for our Newsletter

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

article thumbnail

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. No longer can strategic sourcing be just in time and just in case. Download Free Copy.

article thumbnail

Turning Data Into Actionable Insights

Planergy Software

How better management in AP can give you better flexibility for cash flow management. This step can make or break an organization’s ability to understand its data better and leverage it to maximize profitability, reduce cost, and create value for shareholders. How AP can improve relationships with your key suppliers. Written by.

article thumbnail

The Top 8 Business Travel Management Tools

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Our travel and expense management system works hand-in-hand with our procurement software to give finance teams a comprehensive control and oversight on all spend management. Download PDF What’s your goal today?

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. MATs will usually centralize specific business functions, like finance, to improve efficiency and reduce costs across the group of schools. download a free copy of our guide 3.

article thumbnail

Pareto Analysis in Procurement: How To Use Spend Analysis To Cut Costs

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Additionally, since it requires minimal effort and resources compared to other cost analysis methods, it has become a popular choice among many businesses looking for ways to optimize their budgeting process.