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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. Corporate travel management software streamlines business travel processes by automating tasks such as booking flights, tracking expenses, and providing insights into travel spending patterns.

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How To Calculate Procurement Savings

Obobo

In light of the ongoing effects of the pandemic, it is essential that businesses keep track of all cost reduction initiatives and strategic sourcing in order to survive harsh economic declines. To configure, manage, and track custom savings, procurement teams often use source-to-pay or finance software.

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11 Cost Reduction Strategies in Procurement

Obobo

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.

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

Planergy Software

Modern Spend Management and Accounts Payable software. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Companies of all sizes can benefit from a travel management solution. What's Planergy? How to gain visibility and control of your indirect spend.

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Big Data Analytics: What It Is and Why It Is Important

Planergy Software

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.

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Supplier Management Best Practices

Planergy Software

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. The post Supplier Management Best Practices appeared first on PLANERGY Software. Related Posts.

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Turning Data Into Actionable Insights

Planergy Software

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. Ask the right questions Once end goals have been identified, the next step is to figure out key information needed for informed business decisions.