Obobo

DECEMBER 17, 2021

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.

Strategic Sourcing 52

Strategic Sourcing Finance Software Out-Tasking 52

Obobo

AUGUST 2, 2022

Consider these best practices as you build the right supplier management system for your business. Your company may need a risk assessment professional or a risk assessment committee, depending on its size. A successful supplier management program goes beyond strategic sourcing. Table of Contents.

Management 64

Management Right-Sizing Supply Chain Management Strategic Sourcing 64

Planergy Software

MARCH 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. All organizations, regardless of their size and type, should develop a spend management process. The accounting software integration also ensures that you can manage the entire Source-to-Pay lifecycle.

Management 52

Management Strategic Sourcing Accounting Software 52

SIG Speaks

APRIL 14, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Jason Feldman provides an example of corporate market data renewal and how it applies to sourcing. The contract and deal renewal are finalized.

Marketing 40

Marketing Banking Sourcing Strategic Sourcing 40

Planergy Software

MARCH 29, 2022

It’s almost impossible for business leaders to make decisions based on myriad data sources until the big data is converted into relevant information and then actionable insights. Ask the right questions Once end goals have been identified, the next step is to figure out key information needed for informed business decisions.

Analytics 52

Analytics Accounting Finance Strategic Sourcing 52

Planergy Software

OCTOBER 4, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Businesses can collect structured, semi-structured, and unstructured data from various sources such as cloud computing and storage, mobile apps, Internet of Things (IoT) gadgets, supply chain software, and other sources.

Analytics 52

Analytics Out-Tasking Right-Sizing Sourcing 52

Obobo

AUGUST 16, 2022

Consider these best practices as you build the right supplier management system for your business. Your company may need a risk assessment professional or a risk assessment committee, depending on its size. A successful supplier management program goes beyond strategic sourcing. Table of Contents.

Management 52

Management Right-Sizing Supply Chain Management Strategic Sourcing 52

Planergy Software

SEPTEMBER 20, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The right travel management solution can help ensure compliance with company policies, provide valuable insights into travel spending, and streamline the entire travel process. But fear not, weary traveler! Absolutely!

Management 52

Management Right-Sizing Software Finance 52

Obobo

MARCH 23, 2023

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.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Planergy Software

MARCH 24, 2022

As you work to build the right supplier management system for your business, consider these best practices. Determine Business Requirements Procurement is about more than cutting costs and trying to find the least expensive deal. It also involves risk management, supplier relationship management (SRM), and contract management.

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

Planergy Software

SEPTEMBER 6, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Implementing tools and processes to streamline budget monitoring and reporting can help mitigate this challenge and promote a more efficient approach to strategic budgeting.

Right-Sizing 52

Right-Sizing Finance Collaborations Accounting 52

Planergy Software

MAY 30, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. With the right tools, you can automate the process so that all you have to do is snap a picture of your receipts, and they’ll be filed away automatically. How to gain visibility and control of your indirect spend.

Management 52

Management Automation Finance Reduced Overhead 52

Planergy Software

OCTOBER 17, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. These scores consider factors such as the business’s payment performance, credit utilization, length of credit history, and the company’s size and industry risk.

Accounting 52

Accounting Finance Banking Strategic Sourcing 52

Planergy Software

OCTOBER 18, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Companies of all sizes can benefit from a travel management solution. Using the right business travel management tools , like Planergy’s travel and expense management software, can help greatly.

Finance 52

Finance Reduced Costs Management Risk Management 52

Planergy Software

OCTOBER 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The amount you set as a limit for each category will depend on several factors, including the project’s size and scope, funding availability, and market conditions. Download Free Copy. Written by. Rob Biedron.

Management 52

Management Out-Tasking Software Finance 52

Planergy Software

MARCH 20, 2025

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Even parking spaces or unused land could generate additional revenue under the right conditions. How to gain visibility and control of your indirect spend. However, planning for reserves requires regular review.

Co-Sourcing 52

Co-Sourcing Reduced Overhead Finance Right-Sizing 52