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Why Finance Leaders Should Care About Procurement and Finance Alignment

Planergy Software

Why Finance Leaders Should Care About Procurement and Finance Alignment. Why Finance Leaders Need to Care About Procurement In most companies, finance and procurement have operated separately, with the two departments working in tandem only when necessary. Operations or Finance? Download Free Copy. Written by.

Finance 52
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How Procurement Has Bridged The Gap With Finance

SIG Speaks

Be sure to note his dual finance and procurement role. Based on his expertise – which includes an MBA in Finance from the world’s oldest and most prestigious business school, Rudzki identified the five critical finance terms every purchaser should know. and Bethlehem Steel Corp. Fast Forward To 2020. Building On Rudzki.

Finance 40
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CFO Challenges and Priorities in 2021 And Beyond

Planergy Software

In the past, the CFO served largely as a finance chief. They were a liaison between the finance team (along with procurement) and upper management in the C-suite. They don’t just lead the finance team or spearhead initiatives to reduce costs. Today’s CFO Challenges Are Bigger Than Ever.

Finance 97
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Eight Ways to Boost Supplier Contract Management in Mexico

Intugo

As globally active companies need more and more suppliers to keep the business running smoothly, strategic sourcing and sourcing managers in Mexico face the challenge of effectively organizing and managing supplier contracts. Partners such as finance, legal, and technology teams are often used late in the contracting process.

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The Hackett Group Announces Third Quarter 2021 Results

The Hackett Group

Key Issues Study Launch – In September 2021, The Hackett Group launched its 2022 Key Issues campaigns covering six functional areas: Finance, Procurement, Supply Chain, Human Resources, Information Technology, and Global Business Services. Results from the studies will be released in January 2022.

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Budgeting Process: Steps and Best Practices for Planning a Budget

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This can provide peace of mind that your business’ finances are well-managed and help enable more informed decision making, and easier financial reporting. How to gain visibility and control of your indirect spend.

Finance 92
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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. Savings tracking refers to a method of estimating how much a company will save by using strategic sourcing and other cost-effective tactics.