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How to build a successful disaster recovery strategy

IBM Services

Reducing costs: According to IBM’s recent Cost of Data Breach Report , the average cost of a data breach in 2023 was USD 4.45 Explore cyber resiliency with IBM FlashSystem The post How to build a successful disaster recovery strategy appeared first on IBM Blog.

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Corporate Travel Program: How To Create a Program for Employer and Employee Needs

Planergy Software

In this blog post, we’ll discuss the basics of a corporate travel program, why it’s important, and how to implement one successfully. Cost Savings and Productivity Gains Using corporate travel programs can help reduce costs, as companies can negotiate discounts on airfare, hotel stays, and car rentals.

Finance 52
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How the Financial Services Industry is Moving Toward Blockchain

MicroAgility

It will fundamentally transform the existing operating models of finance and economy, which might lead to a new round of technological innovations and industrial transformation within the FinTech industry. Transfer of value in large and small increments without an intermediary will dramatically reduce cost and speed up the payment.

Service 52
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Tail Spend Analysis: What Is It, How To Perform It, and the Benefits

Planergy Software

In this blog post, we’ll cover what tail spend analysis is, its benefits, how to develop a plan for it, how to analyze data and trends, and how to best leverage tail spend analysis to improve efficiency. This can help them streamline their processes and reduce costs. This can include a combination of technology and training.

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RFI, RFP, RFQ, ROI, RFT: What’s the Difference?

Planergy Software

In this blog post, we’ll break down the meaning of five commonly used procurement acronyms: RFI, RFP, RFQ, ROI, and RFT. Reduced costs: By issuing an RFQ, you’re letting suppliers know upfront what you’re looking for. Learn best practices for purchasing, finance, and more. But what do they all mean?

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Supplier Performance Management: How and What To Measure

Planergy Software

In this blog post, we’ll break down everything you need to know about supplier performance management, including how to measure it and what factors to consider. If suppliers feel like you’re constantly criticizing them or looking for ways to reduce costs, they may be less likely to want to do business with you in the future.

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Data-Driven Organization: What Is It, The Challenges and Benefits

Planergy Software

It contains a ton of insights about your consumers, their behavior, and Industry trends that you can use to your advantage. To cover them all would be well beyond the scope of this blog post, so we will cover three of the most important ones. Learn best practices for purchasing, finance, and more.