Daniel Saraste

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Daniel Saraste is Senior Vice President of Strategy and Innovation at cloud-based source-to-pay vendor Medius. Nearly 4,000 customers and 500,000 unique users worldwide use Medius spend management solutions, managing transactions worth more than $160 billion annually.

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Payables and Procurement collaboration.
Mar 31, 2021    0

The COVID-19 pandemic underscored the need for better collaboration between finance and procurement as organizations needed to act quickly to increase their focus on their cash position, cash flow and net working capital through a more collaborative finance-procurement relationship.

The relationship each side has with suppliers is synchronistic – procurement ensures the right goods and services at the right price with the right supplier, and finance ensures those same suppliers...