Remove Banking Remove Efficiency Remove Strategic Sourcing
article thumbnail

Recap of CPO & Executive Virtual Series with Productiv

SIG Speaks

.; Dan Edwards, Procurement Director from Park National Bank; and Aashish Chandarana, Chief Information Officer of Productiv, shared valuable insights that shed light on the future of IT strategic sourcing, the significance of mentorship, and the latest SaaS trends in 2023. per employee.

article thumbnail

The Better Method

SIG Speaks

The hybrid procurement method combines a central procurement base with subject matter experts (SMEs) already in each department to balance stakeholders' functionalities and strategic sourcing, which gives the business the best of both worlds. . Participation and support to allow efficiency. Most important their expertise.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. P-cards are an efficient way of managing small and routine purchases without the need for paperwork and lengthy purchase approval processes. Depending on the bank you use, your cards may have the Visa or Mastercard logo.

Banking 52
article thumbnail

Keelvar Unveils First of its Kind Autonomous Sourcing Solution, for Transformed Outcomes Across Strategic, Tactical and Tail Spend

Future of Sourcing

Customers are turning to Keelvar to advance their strategic sourcing journey spanning logistics, packaging, direct materials, and indirect spends. That momentum has resulted in Keelvar receiving $24 million in Series B funding in April 2022 and steady growth of its team worldwide, with headquarters in Cork, Ireland.

article thumbnail

Corporate Market Data Renewal

SIG Speaks

SIG University Certified Sourcing Professional (CSP) program graduate Jason Feldman provides an example of corporate market data renewal and how it applies to sourcing. Look at an upcoming contract data renewal for services utilized within the Bank of New York Mellon Investment Management organization.

article thumbnail

The Benefits of Intelligent Process Automation

SIG Speaks

Submitting proper certifications, insurance forms, tax, and banking info will allow the customer to only do business with approved suppliers with adequate documentation. Intelligent automation can also help with efficient on-contract buying, reduced transactional cost, and up-to-date information to better business decisions. .

article thumbnail

Best Practices for Supplier Management

Obobo

In addition to bank statements and tax records, look for independent documentation from suppliers. By utilising technology and automation in your procurement, you can improve efficiency and save money while minimising communication problems. A successful supplier management program goes beyond strategic sourcing.