Savings & Finance

Best Practices in Material Forecasting for Procurement and Finance

For manufacturers, the difference between steady margins and sudden shortfalls often lies in the qua..

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Best Practices in Material Forecasting for Procurement and Finance

For manufacturers, the difference between steady margins and sudden shortfalls often lies in the qua...

Savings & Finance, Procurement Explained,

Procurement Savings Tracking: Why the Process Is Changing

Every procurement team gets the same marching orders: Show us the impact. Not just plans or slides, ...

Savings & Finance,

From Tracking to Performance: The Future of Initiative Management in Procurement

Procurement has long relied on spreadsheets, dashboards, and manually built reports. It’s a familiar...

Savings & Finance,

Procurement Performance Management (PPM) and the future of initiative tracking

Procurement Performance Management (PPM) is a set of processes and technologies to enhance the effic...

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...

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,

Collaboration between Procurement and Finance: Cost Reduction

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

Savings & Finance,

SavingsBridge – Our Solution to Connect Procurement and Finance

One of our most-read eBooks, Procurement Loves Finance, is about building and nurturing the relation...

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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