Obobo

MARCH 23, 2023

For companies looking to reduce costs, procurement is often one of the first places they look. Cost reduction during procurement processes can be accomplished through various strategies that range from the short-term to medium and long-term goals. Short-term Cost Reduction Strategies Short-term Cost Reduction Strategies: 1.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Planergy Software

SEPTEMBER 20, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Effective business travel management can lead to cost savings, increased employee satisfaction, and improved productivity. There is no one-size-fits-all approach to the best travel management software.

Management 52

Management Right-Sizing Software Finance 52

Planergy Software

OCTOBER 4, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Another advantage of big data analytics is that it can help organizations reduce costs and improve efficiency. Volume refers to the sheer size of the data. Using the Right Tools and Platforms.

Analytics 52

Analytics Out-Tasking Right-Sizing Sourcing 52

Planergy Software

MARCH 24, 2022

How better management in AP can give you better flexibility for cash flow management. As you work to build the right supplier management system for your business, consider these best practices. Determine Business Requirements Procurement is about more than cutting costs and trying to find the least expensive deal. Written by.

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

Planergy Software

MARCH 29, 2022

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.

Analytics 52

Analytics Accounting Finance Strategic Sourcing 52

Planergy Software

SEPTEMBER 24, 2021

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. They don’t just lead the finance team or spearhead initiatives to reduce costs.

Finance 97

Finance Collaborations Flexibility Robotics Process Automation 97