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Economic uncertainty ahead: 7 things you can do to prepare for a recession

Procurify

While dealing with the ongoing inflation, companies must navigate supply chain disruptions, geopolitical issues in certain markets, labour shortages and the foggy business environment caused by the pandemic. Recession planning involves cutting costs, optimizing cash flow, inventory management and foolproofing operations.

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Why Procuretech has Immense Potential to Grow

Procurement Software

The experience of COVID-19 also showed that poorly managed vendor master data contributed to some of the delivery delays and supply chain disruption. The tight margins and the need to optimize costs in these fields led to a more structured approach to procurement departments and more relevance in their organizations.

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JAGGAER Webinar with Accenture Strategy and Attijariwafa Bank Case Study: Accelerating Trust in Banking – Internal, Suppliers and Customers

Jaggaer

Coming on top of a very difficult and complex existing situation, Covid-19 has put additional pressure on profitability and capital requirements in the banking sector in the European Union and Africa, with drops in revenue in the order of 35-45% and the lowest return on equity since the aftermath of the great crash of 2008.