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Thoughts on Crowd Sourcing

SIG Speaks

A decade ago, outsourcing procurement and engineering functions to a crowdsourcing organization would have seemed radically innovative, especially in regulated utilities. I graduated with honors from the University of Kentucky’s Gatton School of Business in 2022 and received a degree in management and finance.

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Expense Reimbursement: What Is It, How To Manage, and What Should You Cover

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Tracking where the money was spent is essential for accurately tracking your finances. Under IRS regulations, job-related expenses shouldn’t be counted as taxable income. Where Where are expenses being made from?

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Expense Reporting: What Is It, Templates, and How To Fill A Report

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Compliance With Internal Controls Expense reports can help you ensure compliance with internal policies and external regulations. How to gain visibility and control of your indirect spend.

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Travel and Expense Policy: What Is It, Example Template, and Best Practices

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It’s efficient and cost-effective to have a predetermined budget for each employee that adheres to the company’s financial regulations – this ensures employee reimbursements are issued following company standards.

Finance 52
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Supplier Tiers: What’s The Difference Between Tier 1, Tier 2, and Tier 3

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Companies should aim to form relationships with suppliers that uphold ethical standards and regulations to avoid becoming complicit in any wrongdoing by association. Learn best practices for purchasing, finance, and more.

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

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Businesses can ensure that employees comply with internal and external regulations by centralizing the travel booking process and establishing clear procedures. How to gain visibility and control of your indirect spend.

Finance 52
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Successful Governance in Procurement

SIG Speaks

The AP team would make sure that the suppliers are set up correctly and that all Government regulations are followed. . Prior to this role, Cathy held a number of Procurement leadership positions within the Retail, Consulting, B2B, Finance/Banking, Construction and Biotechnology Industries.