The document discusses three proven methods for finding cost savings: auditing, rationalization/business process reengineering, and negotiations. It focuses on auditing, providing many tips and best practices for conducting effective audits to identify overpayments, underpayments, and other cost savings opportunities through forensic accounting of invoices, contracts, inventory, and service level agreements. The key recommendations include starting a cost savings office, tracking savings opportunities in a managed pipeline, prioritizing "quick win" opportunities, maintaining contract details, and elevating helpers.
The document discusses cost segregation, which identifies property components as either personal property or land improvements under tax code to shorten depreciation times and reduce taxes. It notes the IRS considers cost segregation a lucrative tax strategy that should be used for most commercial real estate purchases. The document then provides an overview of the legal framework around cost segregation, including IRS revenue procedures, rulings, and a court case. It also references the IRS Cost Segregation Audit Techniques Guide and notes the IRS prefers studies be conducted by those with construction expertise.
This document provides information about cost segregation studies and their tax benefits. A cost segregation study identifies construction-related costs that can be accelerated from 39, 27.5, and 15 year depreciation schedules to 5, 7, and 15 year schedules. This results in increased tax deductions and cash flow in early years. On average, 20-40% of total costs can be shifted, providing present value tax benefits of $16,000-$10,600 per $100,000 shifted to shorter schedules. Cost segregation studies provide significant cash flow benefits and apply to both new and existing commercial and investment properties.
This slideshow covers how to go about a system selection process. Procurement of a system and managing vendors is a minefield for unsuspecting staff. This slideshow was created as part of a presentation to the ACCA Accounting professional body.
A summary of a key business valuation method, current EBITDA multiples, the drivers that influence the value of a business and how to increase the value of a business
Our September breakfast club covered the following points:
- making procurement rules work for you
- innovative procurement
- social value
- making contracts fit for purpose
- avoiding a Carillion
- contracting for the challenges ahead.
To view further information and resources visit our webpage - https://www.brownejacobson.com/sectors-and-services/sectors/public-sector
Jose M. Sanchez is a motion designer and video producer based in Helsinki, Finland. He has over 10 years of experience in audiovisual production and has created content for clients in Europe and the Middle East. As the CEO and founder of Kinetic Pixel, he specializes in motion graphics and video for digital marketing events.
Measuring Operational Cost Savings Associated With Going AgileRam Srivastava
This document outlines a method for calculating operational cost savings through improved efficiency using an agile approach. It tracks team member costs, sprint costs, team velocity or output per sprint, cost per output point, financial return per sprint, and cumulative financial return over multiple sprints. The goal is to increase velocity over time which drives down cost per output point, improving the cumulative financial return with each subsequent sprint.
The 5 Best Supply Management Practices In Use Todayfmbabs49000
The document discusses the five best supply management practices used today. It describes (1) strategic goal alignment, which involves aligning supply management goals with corporate objectives, (2) procurement strategy development, which involves determining the appropriate procurement strategy based on factors like market complexity, (3) supplier integration, or involving suppliers early in product development, (4) teaming strategies, such as using cross-functional project teams, and (5) performance measurement, which is important for managing goals and objectives. The document provides details on each practice and why they are important for effective supply chain management.
The document discusses cost segregation, which identifies property components as either personal property or land improvements under tax code to shorten depreciation times and reduce taxes. It notes the IRS considers cost segregation a lucrative tax strategy that should be used for most commercial real estate purchases. The document then provides an overview of the legal framework around cost segregation, including IRS revenue procedures, rulings, and a court case. It also references the IRS Cost Segregation Audit Techniques Guide and notes the IRS prefers studies be conducted by those with construction expertise.
This document provides information about cost segregation studies and their tax benefits. A cost segregation study identifies construction-related costs that can be accelerated from 39, 27.5, and 15 year depreciation schedules to 5, 7, and 15 year schedules. This results in increased tax deductions and cash flow in early years. On average, 20-40% of total costs can be shifted, providing present value tax benefits of $16,000-$10,600 per $100,000 shifted to shorter schedules. Cost segregation studies provide significant cash flow benefits and apply to both new and existing commercial and investment properties.
This slideshow covers how to go about a system selection process. Procurement of a system and managing vendors is a minefield for unsuspecting staff. This slideshow was created as part of a presentation to the ACCA Accounting professional body.
A summary of a key business valuation method, current EBITDA multiples, the drivers that influence the value of a business and how to increase the value of a business
Our September breakfast club covered the following points:
- making procurement rules work for you
- innovative procurement
- social value
- making contracts fit for purpose
- avoiding a Carillion
- contracting for the challenges ahead.
To view further information and resources visit our webpage - https://www.brownejacobson.com/sectors-and-services/sectors/public-sector
Jose M. Sanchez is a motion designer and video producer based in Helsinki, Finland. He has over 10 years of experience in audiovisual production and has created content for clients in Europe and the Middle East. As the CEO and founder of Kinetic Pixel, he specializes in motion graphics and video for digital marketing events.
Measuring Operational Cost Savings Associated With Going AgileRam Srivastava
This document outlines a method for calculating operational cost savings through improved efficiency using an agile approach. It tracks team member costs, sprint costs, team velocity or output per sprint, cost per output point, financial return per sprint, and cumulative financial return over multiple sprints. The goal is to increase velocity over time which drives down cost per output point, improving the cumulative financial return with each subsequent sprint.
The 5 Best Supply Management Practices In Use Todayfmbabs49000
The document discusses the five best supply management practices used today. It describes (1) strategic goal alignment, which involves aligning supply management goals with corporate objectives, (2) procurement strategy development, which involves determining the appropriate procurement strategy based on factors like market complexity, (3) supplier integration, or involving suppliers early in product development, (4) teaming strategies, such as using cross-functional project teams, and (5) performance measurement, which is important for managing goals and objectives. The document provides details on each practice and why they are important for effective supply chain management.
The document discusses best practices for establishing and operating a Vendor Management Office (VMO). A VMO can help bring governance, structure, and strategic focus to global spend, savings, and vendor management. Key points include how a VMO can deliver scorecards, dashboards, and templates to provide visibility into spend; prioritize strategic vendors; and act as a central point of governance, policy, and escalation. The VMO leader requires experience managing vendors, contracts, finance, and driving change at an executive level.
The document provides information about purchasing systems and processes. It defines a purchasing system, describes key functions and types of purchasing methods. These include tender systems, blanket orders, e-purchasing, subcontracting, rate contracts, petty cash systems, imports and more. It also outlines the advantages and disadvantages of various methods. The document gives details on concepts like tenders, blanket orders, subcontracting, capital equipment purchase and imports. It provides best practices for maintaining accountability, authorization, separation of duties, security of assets, review and reconciliation in purchasing. Finally, it outlines an audit plan to ensure purchasing policies and procedures are followed.
This document provides an overview of key concepts for successful deal making. It discusses why deal making is important, what constitutes a deal, the typical phases of a deal life cycle with an example, and different selling approaches. It offers tips for deal making such as understanding customer requirements, presenting 3 alternative solutions, separating features from benefits, and asking for the order. The document also discusses using benchmarks to understand how sales compare to peers and introduces Corelytics as a financial dashboard and benchmarking tool.
How to Develop and Successfully Present Business CasesEMEX
Energy Managers often identify opportunities for energy reduction, however, the work does not stop once an opportunity is identified. The second, and often more important step, is to create a business case that explains to the management team the reasons that the project is beneficial so they can make the necessary funds available.
This session provides practical steps for developing successful business cases but will also expand on how to assess new innovative technologies.
Frederick J. Esposito Jr. presented on alternative fee arrangements to the Richmond Chapter of the Association of Legal Administrators. He discussed the economic climate facing law firms, clients' increasing demands for alternative fees and non-hourly billing, and examples of alternative fee arrangements used by other law firms. Esposito emphasized the tools, training, resources, and personnel management needed for law firms to successfully implement alternative fees and highlighted predictions that alternative fees will continue growing and transforming the legal profession.
Tenant Focus: Winning Efficiency Projects in the Commercial SpaceZondits
A presentation and training on winning efficiency programs in the commercial tenant space. This training was part of NYSERDA's Commercial Tenant Outreach program.
The document provides guidance on writing successful business cases that can obtain approval and funding. It emphasizes that business cases should be measurable and backed by evidence. Key points include:
- Business cases should justify a project's value, risks, priorities and benefits in a concise yet informative manner (typically 2-3 pages).
- They must demonstrate how the project aligns with organizational strategy and quantify expected financial and non-financial impacts such as increased revenue, cost savings, risk reductions and compliance gains.
- Assumptions should be supported by facts and benefits must be measurable both during and after project implementation through key performance indicators.
- High-quality business cases will consider alternative options, include input from finance and procurement
BravoSolution - 10 Steps to Unlock the Power of ProcurementBravoSolution
In recent years, procurement professionals have witnessed dramatic changes to the procurement and supplier management function. Today’s business environment demands that procurement play a more strategic role in the organization with an emphasis on “unlocking the power of procurement” in order to meet the current—and future needs—of the business, stakeholders, customers and yes, even the suppliers.
This Slideshare presentation is a partial preview of the full business document. To view and download the full document, please go here:
http://flevy.com/browse/business-document/cost-reduction-primer-650
The Spend Reduction framework is a detailed guide for conducting an Enterprise Cost Reduction project. The objective of this document is to describe and provide guidance around the approach and practices applied on spend reduction engagements.
- What is Spend Reduction: Spend reduction involves reducing operating expense on purchased goods and services through demand management, strategic sourcing, and procurement-related tax minimization. It also addresses the importance of a well-designed procurement function to achieving and sustaining spend efficiencies.
- How much does it save, how fast, and how many times have we done it: Spend reduction can lead to significant cost savings typically in the range of 10-25%. It usually identifies a mix of short and longer term cost reduction opportunities.
- How comfortable are we with existing content: Developed content has been reviewed and approved by SMEs. Additional content, potentially in a stand alone document, should be developed to outline techniques and practices specific to optimization of employee benefits.
Hosted by TechSoup Connect BC on June 7, 2022.
https://events.techsoup.org/e/m6r8cn/
Every charity wants to do as much as possible with the funds that they have. However, the pressures of the last two years have accentuated this need even further. One way to make your donors’ dollars go further is to be smarter at managing your third-party suppliers.
Learn how to create effective and easy-to-follow procurement processes, with simple tips and examples for every nonprofit. Our expert presenter will cover:
Finding the best value
Sourcing and contract management
Supplier and savings management
Hiring compliant suppliers who share your values
More Information:
https://flevy.com/browse/business-document/cost-reduction-primer-650
DOCUMENT DESCRIPTION
The Spend Reduction framework is a detailed guide for conducting an Enterprise Cost Reduction project. The objective of this document is to describe and provide guidance around the approach and practices applied on spend reduction engagements.
- What is Spend Reduction: Spend reduction involves reducing operating expense on purchased goods and services through demand management, strategic sourcing, and procurement-related tax minimization. It also addresses the importance of a well-designed procurement function to achieving and sustaining spend efficiencies.
- How much does it save, how fast, and how many times have we done it: Spend reduction can lead to significant cost savings typically in the range of 10-25%. It usually identifies a mix of short and longer term cost reduction opportunities.
- How comfortable are we with existing content: Developed content has been reviewed and approved by SMEs. Additional content, potentially in a stand alone document, should be developed to outline techniques and practices specific to optimization of employee benefits.
Got a question about the product? Email us at support@flevy.com or ask the author directly by using the form to the right. If you cannot view the preview above this document description, go here to view the large preview instead.
This document provides an introduction to financing energy efficiency upgrades in the public sector. It discusses using operating budget dollars, tax-exempt lease-purchase agreements, and performance contracts to fund projects. Delaying projects is described as an expensive decision. The document outlines the goals of changing traditional thinking about public sector financing and accelerating energy-efficient equipment installation. It also notes that ENERGY STAR can help identify financing options and support organizations through the process.
This document provides strategies and solutions for corporate counsel to reduce law department costs and increase efficiency. It discusses challenges such as increased litigation volume and regulatory changes putting pressure on budgets. It then offers four key strategies - moving more work in-house utilizing technology, implementing alternative fee arrangements, and increasing the use of support personnel. For each strategy, it highlights why it can help reduce costs and overcome potential hurdles, and provides examples of how LexisNexis solutions such as CaseMap and Concordance can support the strategy.
How to build and maintain a banking relationshipsirsrajaa
This document provides tips on building and maintaining a successful banking relationship. It outlines objectives like checking, borrowing, and other bank services. To build the relationship, show the bank you can repay loans through cash flow analysis, collateral, and guarantees. Provide complete financial statements and updates. The banker's loan decision considers the request's purpose, repayment terms, and applicant's credit history and financial strength. Maintaining open communication, allowing site visits, and providing information helps the relationship.
This document outlines best practices for PeopleSoft procurement. It discusses leveraging integration across procurement to reduce costs, improve controls and visibility. It provides tips on compliance, streamlining processing, extending automation to suppliers, and gaining business insights. Specific topics covered include procurement and supplier contracts, purchase orders, recurring vouchers, procurement cards, and eProcurement approvals. The overall aim is to provide guidance on optimizing procurement processes through PeopleSoft to increase strategic focus and return on investment.
Gain Faster Closure, Lower Risk and Better Results with IBM EmptorisPerficient, Inc.
Procurement organizations are often challenged with lack of spend visibility, little-to-no automation around sourcing processes, difficulties in on-boarding, registering and measuring performance, and more. These organizations need to not only show value to the enterprise by reducing costs, but also provide value-added services to the business.
Sarah Radka, senior business consultant in Perficient’s IBM industry solutions practice, demonstrates how a leading international producer and marketer of beer, wine and spirits improved efficiency in the contract process by implementing a full IBM Emptoris solution.
During this webinar, our solution experts covered the keys to addressing critical contracting and supplier issues such as:
Streamlining procurement operations and removing bottlenecks
Providing and increasing overall spend visibility for an entire organization
Rationalizing and consolidating all templates into a standardized subset
Improving performance, attaining cost savings, mitigating risks and more
The document provides information on different phases of an insurance agency's evolution including buying an agency, building an agency to stay competitive and profitable, and selling an agency. It discusses the important considerations and steps involved in each phase, such as conducting due diligence when buying an agency, developing a growth strategy when building an agency, and factors to consider when negotiating a price and finding the right buyer when selling an agency. The overall document aims to educate agency owners on what they need to know to successfully acquire, grow, and sell an insurance agency at different stages.
Collaborating to Achieve Seamless Source to Pay in 2017Aria McGuinness
Procurement and sourcing continue to evolve into a strategic function within the enterprise and today’s teams oversee everything from supplier sourcing, contract negotiations, supplier relationship management and compliance. Best-in-class teams now drive successful business outcomes by collaborating closely with the lines of business and leveraging transparency to tie projects to business impact. Companies looking to manage more strategic spend quickly realize that effective collaboration is key to more efficient and effective source to pay processes and outcomes.
Attend this webinar to find how your sourcing and procurement teams can leverage new age collaboration to achieve seamless, connected and impactful source to pay processes in 2017.
Learn about:
-Embedding collaboration across source to pay processes and improve performance
-Predicting business impact before project investment to prioritize spend
-Championing quality of spend and supplier-led innovation
-Collaborating across the enterprise and supplier network to really transform the enterprise
Collaborating to Achieve Seamless Source to Pay in 2017Tradeshift
Procurement and sourcing continue to evolve into a strategic function within the enterprise and today’s teams oversee everything from supplier sourcing, contract negotiations, supplier relationship management and compliance. Best-in-class teams now drive successful business outcomes by collaborating closely with the lines of business and leveraging transparency to tie projects to business impact. Companies looking to manage more strategic spend quickly realize that effective collaboration is key to more efficient and effective source to pay processes and outcomes.
Attend this webinar to find how your sourcing and procurement teams can leverage new age collaboration to achieve seamless, connected and impactful source to pay processes in 2017.
Learn about:
-Embedding collaboration across source to pay processes and improve performance
-Predicting business impact before project investment to prioritize spend
-Championing quality of spend and supplier-led innovation
-Collaborating across the enterprise and supplier network to really transform the enterprise
The document discusses best practices for establishing and operating a Vendor Management Office (VMO). A VMO can help bring governance, structure, and strategic focus to global spend, savings, and vendor management. Key points include how a VMO can deliver scorecards, dashboards, and templates to provide visibility into spend; prioritize strategic vendors; and act as a central point of governance, policy, and escalation. The VMO leader requires experience managing vendors, contracts, finance, and driving change at an executive level.
The document provides information about purchasing systems and processes. It defines a purchasing system, describes key functions and types of purchasing methods. These include tender systems, blanket orders, e-purchasing, subcontracting, rate contracts, petty cash systems, imports and more. It also outlines the advantages and disadvantages of various methods. The document gives details on concepts like tenders, blanket orders, subcontracting, capital equipment purchase and imports. It provides best practices for maintaining accountability, authorization, separation of duties, security of assets, review and reconciliation in purchasing. Finally, it outlines an audit plan to ensure purchasing policies and procedures are followed.
This document provides an overview of key concepts for successful deal making. It discusses why deal making is important, what constitutes a deal, the typical phases of a deal life cycle with an example, and different selling approaches. It offers tips for deal making such as understanding customer requirements, presenting 3 alternative solutions, separating features from benefits, and asking for the order. The document also discusses using benchmarks to understand how sales compare to peers and introduces Corelytics as a financial dashboard and benchmarking tool.
How to Develop and Successfully Present Business CasesEMEX
Energy Managers often identify opportunities for energy reduction, however, the work does not stop once an opportunity is identified. The second, and often more important step, is to create a business case that explains to the management team the reasons that the project is beneficial so they can make the necessary funds available.
This session provides practical steps for developing successful business cases but will also expand on how to assess new innovative technologies.
Frederick J. Esposito Jr. presented on alternative fee arrangements to the Richmond Chapter of the Association of Legal Administrators. He discussed the economic climate facing law firms, clients' increasing demands for alternative fees and non-hourly billing, and examples of alternative fee arrangements used by other law firms. Esposito emphasized the tools, training, resources, and personnel management needed for law firms to successfully implement alternative fees and highlighted predictions that alternative fees will continue growing and transforming the legal profession.
Tenant Focus: Winning Efficiency Projects in the Commercial SpaceZondits
A presentation and training on winning efficiency programs in the commercial tenant space. This training was part of NYSERDA's Commercial Tenant Outreach program.
The document provides guidance on writing successful business cases that can obtain approval and funding. It emphasizes that business cases should be measurable and backed by evidence. Key points include:
- Business cases should justify a project's value, risks, priorities and benefits in a concise yet informative manner (typically 2-3 pages).
- They must demonstrate how the project aligns with organizational strategy and quantify expected financial and non-financial impacts such as increased revenue, cost savings, risk reductions and compliance gains.
- Assumptions should be supported by facts and benefits must be measurable both during and after project implementation through key performance indicators.
- High-quality business cases will consider alternative options, include input from finance and procurement
BravoSolution - 10 Steps to Unlock the Power of ProcurementBravoSolution
In recent years, procurement professionals have witnessed dramatic changes to the procurement and supplier management function. Today’s business environment demands that procurement play a more strategic role in the organization with an emphasis on “unlocking the power of procurement” in order to meet the current—and future needs—of the business, stakeholders, customers and yes, even the suppliers.
This Slideshare presentation is a partial preview of the full business document. To view and download the full document, please go here:
http://flevy.com/browse/business-document/cost-reduction-primer-650
The Spend Reduction framework is a detailed guide for conducting an Enterprise Cost Reduction project. The objective of this document is to describe and provide guidance around the approach and practices applied on spend reduction engagements.
- What is Spend Reduction: Spend reduction involves reducing operating expense on purchased goods and services through demand management, strategic sourcing, and procurement-related tax minimization. It also addresses the importance of a well-designed procurement function to achieving and sustaining spend efficiencies.
- How much does it save, how fast, and how many times have we done it: Spend reduction can lead to significant cost savings typically in the range of 10-25%. It usually identifies a mix of short and longer term cost reduction opportunities.
- How comfortable are we with existing content: Developed content has been reviewed and approved by SMEs. Additional content, potentially in a stand alone document, should be developed to outline techniques and practices specific to optimization of employee benefits.
Hosted by TechSoup Connect BC on June 7, 2022.
https://events.techsoup.org/e/m6r8cn/
Every charity wants to do as much as possible with the funds that they have. However, the pressures of the last two years have accentuated this need even further. One way to make your donors’ dollars go further is to be smarter at managing your third-party suppliers.
Learn how to create effective and easy-to-follow procurement processes, with simple tips and examples for every nonprofit. Our expert presenter will cover:
Finding the best value
Sourcing and contract management
Supplier and savings management
Hiring compliant suppliers who share your values
More Information:
https://flevy.com/browse/business-document/cost-reduction-primer-650
DOCUMENT DESCRIPTION
The Spend Reduction framework is a detailed guide for conducting an Enterprise Cost Reduction project. The objective of this document is to describe and provide guidance around the approach and practices applied on spend reduction engagements.
- What is Spend Reduction: Spend reduction involves reducing operating expense on purchased goods and services through demand management, strategic sourcing, and procurement-related tax minimization. It also addresses the importance of a well-designed procurement function to achieving and sustaining spend efficiencies.
- How much does it save, how fast, and how many times have we done it: Spend reduction can lead to significant cost savings typically in the range of 10-25%. It usually identifies a mix of short and longer term cost reduction opportunities.
- How comfortable are we with existing content: Developed content has been reviewed and approved by SMEs. Additional content, potentially in a stand alone document, should be developed to outline techniques and practices specific to optimization of employee benefits.
Got a question about the product? Email us at support@flevy.com or ask the author directly by using the form to the right. If you cannot view the preview above this document description, go here to view the large preview instead.
This document provides an introduction to financing energy efficiency upgrades in the public sector. It discusses using operating budget dollars, tax-exempt lease-purchase agreements, and performance contracts to fund projects. Delaying projects is described as an expensive decision. The document outlines the goals of changing traditional thinking about public sector financing and accelerating energy-efficient equipment installation. It also notes that ENERGY STAR can help identify financing options and support organizations through the process.
This document provides strategies and solutions for corporate counsel to reduce law department costs and increase efficiency. It discusses challenges such as increased litigation volume and regulatory changes putting pressure on budgets. It then offers four key strategies - moving more work in-house utilizing technology, implementing alternative fee arrangements, and increasing the use of support personnel. For each strategy, it highlights why it can help reduce costs and overcome potential hurdles, and provides examples of how LexisNexis solutions such as CaseMap and Concordance can support the strategy.
How to build and maintain a banking relationshipsirsrajaa
This document provides tips on building and maintaining a successful banking relationship. It outlines objectives like checking, borrowing, and other bank services. To build the relationship, show the bank you can repay loans through cash flow analysis, collateral, and guarantees. Provide complete financial statements and updates. The banker's loan decision considers the request's purpose, repayment terms, and applicant's credit history and financial strength. Maintaining open communication, allowing site visits, and providing information helps the relationship.
This document outlines best practices for PeopleSoft procurement. It discusses leveraging integration across procurement to reduce costs, improve controls and visibility. It provides tips on compliance, streamlining processing, extending automation to suppliers, and gaining business insights. Specific topics covered include procurement and supplier contracts, purchase orders, recurring vouchers, procurement cards, and eProcurement approvals. The overall aim is to provide guidance on optimizing procurement processes through PeopleSoft to increase strategic focus and return on investment.
Gain Faster Closure, Lower Risk and Better Results with IBM EmptorisPerficient, Inc.
Procurement organizations are often challenged with lack of spend visibility, little-to-no automation around sourcing processes, difficulties in on-boarding, registering and measuring performance, and more. These organizations need to not only show value to the enterprise by reducing costs, but also provide value-added services to the business.
Sarah Radka, senior business consultant in Perficient’s IBM industry solutions practice, demonstrates how a leading international producer and marketer of beer, wine and spirits improved efficiency in the contract process by implementing a full IBM Emptoris solution.
During this webinar, our solution experts covered the keys to addressing critical contracting and supplier issues such as:
Streamlining procurement operations and removing bottlenecks
Providing and increasing overall spend visibility for an entire organization
Rationalizing and consolidating all templates into a standardized subset
Improving performance, attaining cost savings, mitigating risks and more
The document provides information on different phases of an insurance agency's evolution including buying an agency, building an agency to stay competitive and profitable, and selling an agency. It discusses the important considerations and steps involved in each phase, such as conducting due diligence when buying an agency, developing a growth strategy when building an agency, and factors to consider when negotiating a price and finding the right buyer when selling an agency. The overall document aims to educate agency owners on what they need to know to successfully acquire, grow, and sell an insurance agency at different stages.
Collaborating to Achieve Seamless Source to Pay in 2017Aria McGuinness
Procurement and sourcing continue to evolve into a strategic function within the enterprise and today’s teams oversee everything from supplier sourcing, contract negotiations, supplier relationship management and compliance. Best-in-class teams now drive successful business outcomes by collaborating closely with the lines of business and leveraging transparency to tie projects to business impact. Companies looking to manage more strategic spend quickly realize that effective collaboration is key to more efficient and effective source to pay processes and outcomes.
Attend this webinar to find how your sourcing and procurement teams can leverage new age collaboration to achieve seamless, connected and impactful source to pay processes in 2017.
Learn about:
-Embedding collaboration across source to pay processes and improve performance
-Predicting business impact before project investment to prioritize spend
-Championing quality of spend and supplier-led innovation
-Collaborating across the enterprise and supplier network to really transform the enterprise
Collaborating to Achieve Seamless Source to Pay in 2017Tradeshift
Procurement and sourcing continue to evolve into a strategic function within the enterprise and today’s teams oversee everything from supplier sourcing, contract negotiations, supplier relationship management and compliance. Best-in-class teams now drive successful business outcomes by collaborating closely with the lines of business and leveraging transparency to tie projects to business impact. Companies looking to manage more strategic spend quickly realize that effective collaboration is key to more efficient and effective source to pay processes and outcomes.
Attend this webinar to find how your sourcing and procurement teams can leverage new age collaboration to achieve seamless, connected and impactful source to pay processes in 2017.
Learn about:
-Embedding collaboration across source to pay processes and improve performance
-Predicting business impact before project investment to prioritize spend
-Championing quality of spend and supplier-led innovation
-Collaborating across the enterprise and supplier network to really transform the enterprise
Similar to Three Ways To Mine For Cost Savings (20)