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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. Today’s CFO Challenges Are Bigger Than Ever. ” Top Challenges and Priorities for CFOs.

Finance 97
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Is the Request for Proposal in Procurement Dead?

Everest Group

Alternatives are emerging that deliver greater flexibility and agility, leading to more innovative solutions. Best-in-class organizations take far less time for the same activities in IT strategic sourcing initiatives, completing the process in nine to 10 weeks, according to our IT Sourcing Pinnacle Model Assessment.

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Outsourcing: Challenges, Opportunities and Best Practices

SIG Speaks

Even research and development activities of automobile companies or even defense sectors have adopted outsourcing for their critical tasks. Flexibility: Organizations are less constrained by their policies and work freely by utilizing the resources and capabilities of other providers. This will help speed up the work.

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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. Research shows that data-driven organizations outperform their competitors. FP&A professionals are responsible for understanding the financial implications of business decisions and providing strategic recommendations.

Finance 52
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11 Cost Reduction Strategies in Procurement

Obobo

Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing. Implement strategic sourcing by establishing a long-term plan that balances costs, risks, and benefits.

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The Top 8 Business Travel Management Tools

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Researching online reviews and seeking recommendations from colleagues or industry peers can also help identify the best app for your needs. How to gain visibility and control of your indirect spend.

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P-Cards: What Are Corporate Purchasing Cards and How Do They Work

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Less Flexible than Corporate Cards Because purchase cards are tied to specific budgets or departments, you can’t use them to make cross-departmental or strategic purchases.

Banking 52