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Collaboration: Procurement & Finance

July 21, 2023

Common goals = big payoffs. Collaboration between procurement and finance is a key element to improving efficiency and profitability in your organization. Here are some ways they can work together: In summary, collaboration between procurement and finance is essential to improving efficiency and profitability. By working together on cost analysis, supplier management, TCO analysis, cash […]

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Collaboration: Procurement, Finance & Suppliers

Obtaining and sharing critical supplier information between different functional areas in an organization can be a very frustrating task, particularly between the procurement and finance operations.  Siloed organizational structures, disparate systems that don’t communicate with each other, corporate culture, and differing business objectives are factors that contribute to this situation.  These differences impact not only […]

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Procurement, Finance & Vendors

Partner for Success – stronger supply chains, efficient processes, and automated operations The opportunities that are available to companies when procurement, finance and vendors communicate and collaborate are plentiful. Utilizing tools and solutions that insure you are onboarding vendors that are healthy and in compliance with company, industry, and governmental regulations is the start to […]

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