Category Archives: Procurement Management

cropped-image-of-woman-inputting-card-information-and-key-on-phone-or-laptop-while-shopping-online_1423-71
17

Jan

How Organizations can use Procure to Pay software to reduce Spend

Excerpts from the Speaker Talk by Expenzing CEO, Ms. Ila Imani at the CFO Engage Summit in Mumbai. In this session Ila talks about how procure to pay technology is helping CFOs do things better, get wastages out of the way and achieve their objective of reducing Spend while enhancing good governance.
Continue reading

Share on FacebookTweet about this on TwitterShare on Google+
01kaboompics_Early-spring-garden_rev
30

Dec

The Changing Role of Technology in Finance

Industries are witnessing rapid innovation in technology that are impacting businesses at various levels. From digital payments to online processes every business is moving towards becoming more agile. The roles, duties and expectations from each department is evolving as they adopt to this new order. The Finance and Accounts Payable units led by the CFO are adapting to keep up with technology.

Continue reading

Share on FacebookTweet about this on TwitterShare on Google+
03kaboompics_Blonde-woman-having-a-healthy-snack-at-the-wooden-pier
16

May

Is It Time To Set Your Procurement System On Autopilot?

A pilot sets the air carrier on auto pilot reaching optimal conditions after take-off and setting the trajectory and coordinates for its journey. He monitors the flight without constant hands-on human control. Similarly, has the time come to automate the age old procurement systems in your organization? Across industries, organizations are faced with the fact that procurement can be a tedious process.
Continue reading

Share on FacebookTweet about this on TwitterShare on Google+
04_negative-space-blue-volkswagen-beetle-forest-burak-kebapci_rev
28

Apr

Build Strategic Value Into The Long Tail Of Procurement

Procurement has traditionally focused spend management efforts on their firm’s largest suppliers, the vital 20%. These efforts have produced the expected returns but years of cost cutting with large suppliers have squeezed out most of the savings to be gained. Pete Loughlin wrote in Purchasing Insight that ignoring tail spend is potentially leaving huge amounts of money on the table.
Continue reading

Share on FacebookTweet about this on TwitterShare on Google+
08_negative-space-autumn-fall-leaves-forest-jamie-street_rev
03

Dec

The Story Of The Unhappy Vendor And The Professional Client

I met a highly respected and progressive organization last week that was trying to get over a vendor relationship problem. Some of their vendors were unhappy in spite of the company placing a lot of importance on their vendor relationships, treating them as partners, and investing in training their Accounts Payable teams on interpersonal skills and sensitizing them to the importance of collaborative relationships.
Continue reading

Share on FacebookTweet about this on TwitterShare on Google+