article thumbnail

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
article thumbnail

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
professionals

Sign Up for our Newsletter

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

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
article thumbnail

Category Management Playbook and Category Strategy Planning

SIG Speaks

SIG University Certified Sourcing Professional (CSP) program graduate Prateek Jindal describes how the course helped him and his team increase value from improving their strategic sourcing strategies on down through your category playbook. Supplier Performance Management (SPM): The course (a reference to lesson 2.4)

article thumbnail

GAG Pooling: What Is It, Challenges, and Benefits

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. As stated in the Academies Trust Handbook by the ESFA, the only exception is Private Finance Initiative (PFI) funding. This approach fosters collective responsibility, financial stability, and strategic resource allocation.

Finance 52
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. Cons include a lack of contract flexibility, requiring a strict vendor selection process, and more. Loss of Contract Flexibility.

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. Written by.