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CFOs Can More Than Double Planned Cost Reductions Using Strategic Sourcing

Sourcing Advisors Group

Gartner survey shows that CFOs have already made material – if temporary – cost reductions, and most plan to implement more cost cutting in the second part of 2020 and in 2021. Firms can more than double targeted cost reductions by applying best-practice Strategic Sourcing.

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If IT Is from Mars, Procurement Is from Venus: 5 Steps to Break the Chasm between IT and Procurement for IT Sourcing

Everest Group

It may seem at times that the IT and procurement departments can be on different planets when it comes to IT sourcing services spend. Anyone who has set up a new procurement department at a firm with large volumes of untracked indirect spend knows they first need to target the IT department and get involved in their sourcing projects.

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The Hackett Group Announces Third Quarter 2021 Results

The Hackett Group

Q3 2021 net revenue of $71.4 Q3 2021 GAAP EPS of $0.25. Q3 2021 pro forma EPS of $0.32, exceeds the high end of guidance. MIAMI, FL – November 9, 2021 – The Hackett Group, Inc. Third quarter 2021 net revenue (gross revenue less reimbursable expenses) from continuing operations was $71.4 million to $66.5

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How BFSI GBS Organizations are Taking a Leadership Role within the Enterprise VMO | Virtual Roundtable

Everest Group

October 13, 2021 |. In fact, some BFSI GBS organizations have evolved from “participating” to “owning” certain components of enterprises’ service provider sourcing programs. VIRTUAL ROUNDTABLE | MEMBERSHIP EVENT. How BFSI GBS Organizations are Taking a Leadership Role within the Enterprise VMO. Who should attend?

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CFO Challenges and Priorities in 2021 And Beyond

Planergy Software

AP automation immediately lowers costs—still the number one priority for CFOs in 2021, according to Deloitte research—and sets up further cost reductions over time via continuous improvement via self-guided process optimization. The post CFO Challenges and Priorities in 2021 And Beyond appeared first on PLANERGY Software. The result?

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The Hackett Group Announces Second Quarter 2021 Results

The Hackett Group

Q2 2021 net revenue of $73.0 Q2 2021 GAAP EPS of $0.32. Q2 2021 pro forma EPS of $0.39, which exceeds the high end of guidance or $0.30, excluding the SAP software sale transaction, which is at the high end of guidance. MIAMI, FL – August 10, 2021 – The Hackett Group, Inc. million SAP software sale transaction.

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Change Management/Sourcing Change Management

SIG Speaks

SIG University Certified Sourcing Professional (CSP) program graduate Andrew Beck shares the difficulties associated with change management in sourcing and how it can help improve inefficiencies. The sourcing lead ensured buy-in from the plant's critical stakeholders for the food service change by clearly communicating the industry.