Savings & Finance

How to combat inflation and price increases in procurement

When inflation is eating up your profit, understanding your spend is as important as ever. Spend ana..

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How to combat inflation and price increases in procurement

When inflation is eating up your profit, understanding your spend is as important as ever. Spend ana...

Savings & Finance,

Working capital optimization through payment terms

Financial managers are constantly being asked to do more with less. It is important to track every p...

Savings & Finance,

3 ways to tackle commodity price fluctuations and volatility

In procurement, a commodity is a raw or semi-processed material used to produce a good. Commodities ...

Savings & Finance,

Everything you need to know about Procurement savings

The main goal of procurement is to ensure products and services are bought at the right price. Cost ...

Savings & Finance,

11 Cost Reduction Strategies in Procurement

Cost reduction usually refers to cost savings made during a purchasing process, but it is much more ...

Savings & Finance,

How to Calculate and Forecast Purchase Price Variance (PPV)

In any manufacturing company Purchase Price Variance (PPV) Forecasting is an essential tool for unde...

Savings & Finance,

Cost Reduction – The Common Language Between Finance and Procurement

  In many organizations, the relationship between finance and procurement is between unfriendly and ...

Savings & Finance,

SavingsBridge – Our Solution to Connect Procurement and Finance

We recently introduced our new book Procurement Loves Finance, which is about building and nurturing...

Savings & Finance,

6 steps to measure real savings for indirect spend

I was having discussions a few weeks back with one of our clients regarding actual savings calculati...

Savings & Finance,
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