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Travel and Expense Management: What Is It, Challenges and Best Practices

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Expense management software generally includes document storage to make it easier to manage all aspects of your travel program. How to gain visibility and control of your indirect spend. Download PDF What’s your goal today?

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Centralized Purchasing: Advantages and Disadvantages

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Whether it’s physical supplies or software subscriptions, your employees can make expenses without needing to sign any kind of Link the contract. How to gain visibility and control of your indirect spend. Written by.

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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. Overall, these 11 cost reduction strategies in procurement demonstrate that companies can significantly reduce costs and maintain profitability with the right procurement management practices.