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Understanding Spend Management Perspectives: CFO, CEO, Procurement Director & Procurement Manager

NLPA (Next Level Purchasing Association)

Spend Management is a critical function within an organization, and it involves the strategic management of the company’s spending to reduce costs, improve efficiency, and enhance profitability. Spend Management is a crucial element in ensuring that we achieve our financial goals.

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Expanding the influence and impact of Procurement

Spend Matters

Identifying the need for foundational technology and processes Before joining Utz as its SVP Procurement, Ron had been consulting with the Supply Chain department working on a number of different projects. In addition, the broader supply chain organization was working to implement other new tools and processes.

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Three Reasons Public Sector Must Transform Grants Management NOW

ivalua

To reduce inefficiencies and fraud, grant activities are governed by several regulations including these two relatively recently enacted laws: The Digital Accountability and Transparency Act of 2014 (DATA Act) – This law expands on federal awards reporting reforms that began with the Federal Funding Accountability and Transparency Act of 2006.

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Zip Forward 2024: Forging paths to sustainable success

Spend Matters

So, the term ‘spend orchestration’ that some like to use is really just upgraded spend management. Cross-functional orchestration beyond intake. The Zip Forward event was packed with customers who have been eager to share how Zip has unlocked value for their organizations.

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Beginner’s Guide to Managing Spend

NLPA (Next Level Purchasing Association)

By effectively managing spend, Procurement & Purchasing Teams can drive cost savings, enhance operational efficiency, and contribute to the overall profitability of the organization. The Impact on Procurement & Purchasing Teams Managing spend has a direct impact on the success of Procurement & Purchasing Teams.

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The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay

Jaggaer

The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay Whether youre new to the world of procurement and supply chain management, or a seasoned veteran; whether you work in a major manufacturing industry, a university, or a medium-sized clinical research organization, you may find procurement jargon rather confusing.

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Top Competencies of Procurement Professionals

NLPA (Next Level Purchasing Association)

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. Improve spend management by implementing a buying plan Effective spend management is crucial for any organization’s financial health.