Finance and Accounting

When you think tail spend, don’t just think of the typical 80/20 rule.
Aug 24, 2020    0
Having a sound tail spend management strategy has never been more important than it is today. It’s a key differentiator – and competitive advantage – in a down economy in which cash...
Procurement’s key metric is vendors’ value contribution, not cost.
Aug 22, 2020    0
At U.S. insurance companies, policyholders’ claims represent 70% to 75% of the total cost. This makes complete sense, of course, since policyholder benefits are the sole reason why anyone buys...
The best definition of spend under management is to equate it to strategically managed spend.
Jul 17, 2020    0
Before getting into the topic, write down two things:1) Your high-level definition of the term spend under management2) What percentage of your company/organization’s spend would you estimate...
Insurance for small businesses
Jun 11, 2020    0
Managing cash flow is at the top of people’s minds right now, and yes, there is an opportunity to lower your insurance expenses immediately. Here are three things you can do right now to make...
technology, automation and data acheives business continuity
Jun 02, 2020    0
We know that procurement is often a juggling act! We use decent supplier relationships, purchasing power, and any other tools in our belt to secure best payment terms, highest quality purchases at...
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