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

Everest Group

Summary Mature banking, financial services, and insurance (BFSI) global business services (GBS) organizations are taking on advanced vendor management organization (VMO) roles, acquiring more responsibility in governing service provider delivery. Who should attend?

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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. Sourcing the right products from suitable suppliers at the right price is a constant challenge within purchasing departments.

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How To Calculate Procurement Savings

Obobo

As well as repairs, training, and other services, companies sometimes require a wide range of services to maintain them. 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.

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Outsourcing: Challenges, Opportunities and Best Practices

SIG Speaks

SIG University Certified Sourcing Professional (CSP) program graduate Jigar Mistry shares the potential benefits and opportunities that can arise from outsourcing. There is a high chance that was answering services of any banking, insurance, technology, and an external organization handles many more.

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Discretionary Expenses: What Are They, Examples, and How To Control Them In Business

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. These may consist of movie tickets, streaming service subscriptions, concert tickets, and other forms of amusement. These taxes contribute to funding public services such as education, public safety, and infrastructure.

Finance 52
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Supplier Management Best Practices

Planergy Software

Define your scope of work (SOW) or service-level agreements (SLAs) outside of your boilerplate policy document. Your contract should also include clearly delineated payment terms that describe the cost of services and products, the payment schedules, payees, and any late payment penalties.

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Travel and Expense Policy: What Is It, Example Template, and Best Practices

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Will you reimburse room service? Emergencies If an emergency arises, there should be information about who to contact, including your travel insurance policy information. Meal Expenses: What is the per diem for meals?

Finance 52