Una

JANUARY 9, 2023

When effectively managing tail spend, companies report saving 10 percent or more, which can be a significant addition to the organization’s bottom line. Five steps to setting up a tail spend management process. Have your procurement team collaborate on what categories can be added to tail spend management.

Management 97

Management Spend management Purchasing Procurement team 97

Procurement Tactics

JULY 2, 2023

Budget Control When it comes to maintaining budgetary control throughout the entire procurement process, job orders are crucial. Managers and businesses may be able to monitor their expenditures in comparison with the approved and allocated budget by indicating expected costs and financial parameters in a job order.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Planergy

SEPTEMBER 8, 2023

Discretionary spending is what you choose to spend – it’s not required to keep things running – but is nice to be able to do. Budgeting isn’t optional if you want to make the most of your money. Reducing non-essential spending can help your business weather the storm and emerge stronger when conditions improve.

Budget 52

Budget Spend management Management Purchasing 52

Planergy

AUGUST 18, 2023

What Is Office Management? Office management refers to the administration of key processes related to running an office. It includes overseeing scheduling, planning, organizing, staffing, budgeting, communication, and problem-solving tasks. Download PDF What’s your goal today?

Management 52

Management Budget Collaboration Spend management 52

Planergy

AUGUST 18, 2023

What Is Office Management? Office management refers to the administration of key processes related to running an office. It includes overseeing scheduling, planning, organizing, staffing, budgeting, communication, and problem-solving tasks. Download PDF What’s your goal today?

Management 52

Management Budget Collaboration Spend management 52

Planergy

DECEMBER 25, 2023

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. It is the driving force behind financial decision-making, providing essential insights that guide strategic planning and budgeting. What's Planergy?

Real-time Visibility 52

Real-time Visibility Data Budget Strategic planning 52

Una

JANUARY 17, 2024

It’s about fortifying your budget against future uncertainties, giving you the confidence to plan for the long term. Our experts bring another layer of valuable expertise when it comes to all things procurement and spend management. Think of it as a financial strategy that goes beyond immediate gains.

Negotiation 52

Negotiation Purchasing Strategic sourcing Strategic sourcing 52

Planergy

JUNE 30, 2022

Financial management refers to activities related to planning, organizing, directing, and controlling an organization’s financial activities, including procurement, investment decisions, budgeting, financial planning, billing and payments, and more. Your Budget: How much are you willing to allocate to these tools? Download PDF.

Management 52

Management Real-time Visibility Budget Purchase orders 52

Planergy

MARCH 2, 2023

Establishing Tail Spend Analysis Metrics Companies should establish metrics to measure their progress to ensure they get the most out of their tail spend analysis. Spend analytics involves classifying your spending data, identifying relevant trends, and implementing solutions that improve your purchasing power.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Real-time Visibility supply chain software solutions 52

Planergy

SEPTEMBER 20, 2023

They can search for the best deals, compare prices, and choose options aligned with budget guidelines. However, it is essential to establish clear guidelines and policies to ensure travel policy compliance and manage potential risks. TravelPerk’s user-friendly interface makes managing all aspects of your business travel easy.

Management 52

Management Real-time Visibility Budget Spend management 52

Planergy

DECEMBER 29, 2022

By finding the right partnerships and putting together a comprehensive plan, businesses can ensure they’re getting the most out of their marketing budget. It should also provide details on the specific services you’re looking for and any budget or timeline constraints you may have. Identify Your Core Target Market.

Procurement 52

Procurement Raw materials supply chain budgeting supply chain software solutions 52

Planergy

MAY 30, 2023

With such a solution, you’ll always have visibility into employee spending, no matter where they are in the world, for more efficient spend management. Manual Processes Many small businesses have a limited technology budget, many rely on manual processes, specifically spreadsheets, to track their data.

Real-time Visibility 52

Real-time Visibility Management Purchase orders Purchasing 52

Planergy

JULY 27, 2023

Spend Management Analysis Expense reports can provide valuable insights into how employees are using company resources. By analyzing the spend data , companies can identify trends and patterns in employee spending , which can help them make informed decisions about budgeting, procurement, and other business processes.

Real-time Visibility 52

Real-time Visibility Purchasing Management Budget 52

The Procuretech Podcast

JULY 5, 2022

Thomas started working in IT, then moved to working in procurement for the shipping line Maersk, where one of his projects was in spend management. So how can he create a spend management platform that gives more? But you have the budget, training and staff to make sense of it all. Yes – this is pretty spot on.

Contract 52

Contract Purchase orders Data Spend management 52

Planergy

AUGUST 21, 2023

Improve Visibility of Committed Spend Committed spend is part of the spend management process, which is used to manage company funds using measures such as procurement, outsourcing, and supply chain management to better meet established company spending goals. What Is The Flow of Accounts Payable?

Real-time Visibility 52

Real-time Visibility Purchasing supply chain software solutions Spend management 52

Planergy

JULY 18, 2023

Remember that this number should always be positive; if it isn’t, you may need to adjust your budget or restructure some of your debt payments to ensure adequate business liquidity. You’ll also be subscribed to our email newsletter and notified about new articles or if have something interesting to share. treasury bills, etc.

Import 52

Import supply chain budgeting Inventory Budget 52

Planergy

JANUARY 26, 2023

Meet with involved parties to ensure there is no ambiguity, and have a contingency fund available in case budget overages occur due to something out of your control. Download our “Indirect Spend Guide” Download a free copy of our guide to better manage and make savings on your indirect spend.

Risk 52

Risk supply chain software solutions supply chain budgeting Supply Chain Efficiency 52

Planergy

JANUARY 19, 2023

Additionally, since it requires minimal effort and resources compared to other cost analysis methods, it has become a popular choice among many businesses looking for ways to optimize their budgeting process. You’ll also be subscribed to our email newsletter and notified about new articles or if have something interesting to share.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

Planergy

FEBRUARY 9, 2023

It’s efficient and cost-effective to have a predetermined budget for each employee that adheres to the company’s financial regulations – this ensures employee reimbursements are issued following company standards. We hope this makes the process easier for you. Download PDF What’s your goal today?

Purchasing 52

Purchasing Purchase orders Management Budget 52

Planergy

JULY 5, 2023

It’s important to know when items were purchased, or services were rendered so that you can properly manage payments. Understanding why an expense was made will help inform future budgeting decisions. You’ll also be subscribed to our email newsletter and notified about new articles or if have something interesting to share.

Management 52

Management Purchasing Import Strategic sourcing 52

Planergy

MARCH 27, 2023

It’s great for budgeting, expense tracking, and time tracking, and it comes with unlimited users. Use Planergy to manage purchasing and accounts payable We’ve helped save billions of dollars for our clients through better spend management, process automation in purchasing and finance, and reducing financial risks.

Price 52

Price Purchase orders Purchasing Data 52

Planergy

NOVEMBER 1, 2022

What is your budget? Use PLANERGY to manage purchasing and accounts payable. We’ve helped save billions of dollars for our clients through better spend management, process automation in purchasing and finance, and reducing financial risks. What kind of products or services does your company need? Download PDF.

Contract 52

Contract Suppliers Buyers Price 52

Planergy

SEPTEMBER 8, 2022

Are the supplier’s costs reasonable and in line with your budget? Do you know how much you can realistically afford to spend? Use PLANERGY to manage purchasing and accounts payable. You’ll also be subscribed to our email newsletter and notified about new articles or if have something interesting to share. Download PDF.

Suppliers 52

Suppliers Management Supplier relationship management supply chain budgeting 52

Planergy

SEPTEMBER 6, 2022

Technology like software should make your life easier, not more difficult, so it’s important to look beyond the applications that may complicate your life and implement one that suits your business at a price that works with your budget. Use PLANERGY to manage purchasing and accounts payable. Developed in I.T., Download PDF.

Collaboration 52

Collaboration Risk Management Import 52

Planergy

OCTOBER 13, 2023

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. Policies and agreements are necessary to ensure all school budgets are adequate and supported. What's Planergy?

Budget 52

Budget Purchasing Real-time Visibility Management 52

Planergy

NOVEMBER 18, 2022

Businesses need to spend money to make money, but spending frivolously could spell disaster. Cutting costs isn’t always about saving money but stretching the budget and making smarter decisions. Use PLANERGY to manage purchasing and accounts payable. Cut Procurement Costs. Download PDF. What’s your goal today?

Project management 52

Project management Purchasing Suppliers Management 52

Planergy

AUGUST 25, 2022

Predictive analytics also provide opportunities for businesses to better predict financial trends and create more accurate budgets Other trends that bear looking at include ramped-up cybersecurity efforts. Use PLANERGY to manage purchasing and accounts payable. Download PDF. What’s your goal today? download a free copy of our guide.

Data 52

Data supply chain budgeting Purchasing supply chain software solutions 52

Planergy

AUGUST 18, 2022

Or if you like crunching numbers, preparing budgets, or are interested in tax preparation, you may want to concentrate on accounting. Use PLANERGY to manage purchasing and accounts payable. You’ll also be subscribed to our email newsletter and notified about new articles or if have something interesting to share. Download PDF.

Risk 52

Risk Management Ethics Strategy 52

Planergy

JULY 21, 2023

You set the budget and deliverables, then work with various freelancers with a test assignment. You don’t pay for the service if no content needs to be created, so there’s no need to keep a retainer or spend money on unused services, allowing for better control over spend management.

Management 52

Management Procurement supply chain budgeting Budget 52

Spend Matters

NOVEMBER 2, 2023

Travel and Expense management leveraging SAP Concur is an easy plug in for travel spend management and all spend flowing through expense reporting. That’s a big job to tackle, but SAP does have over 5,000 engineers in the spend management space (not even including BTP) working on all this.

Networking 87

Networking Spend management Suppliers Supply Chain Optimization 87

Planergy

JANUARY 18, 2024

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. What's Planergy?

Management 52

Management Procurement Supplier relationship management Real-time Visibility 52

Planergy

JUNE 28, 2022

Financial planning and analysis, or FP&A encompasses budgeting, financial forecasting and analysis, and the decision-making that supports every company’s financial strategy and influences its financial health. Collaborate with department heads and other executives to develop budgets, plans, forecasts, etc. Download PDF.

Budget 52

Budget Price Collaboration Data 52

Planergy

OCTOBER 13, 2022

Purchase history tracking: Businesses can easily track and manage their purchases using an Amazon Business account. This can be helpful for budgeting and expense management. Simplified invoicing: Businesses can generate and manage invoices easily using an Amazon Business account. Download PDF. What’s your goal today?

Purchasing 52

Purchasing Price Purchase orders Budget 52

Planergy

JULY 14, 2023

Work with your program manager to block purchases from certain merchants and set spending limits to prevent fraudulent charges. Less Flexible than Corporate Cards Because purchase cards are tied to specific budgets or departments, you can’t use them to make cross-departmental or strategic purchases.

Purchasing 52

Purchasing Purchase orders Strategic sourcing Strategic sourcing 52

Planergy

AUGUST 8, 2023

They include: Open tendering Single-source procurement Two-stage tendering Restricted tendering Request for proposal (RFP) Request for quotation (RFQ) Your procurement team will determine which method to source goods and services based on what you need, when you need it, your budget, and other factors. Download PDF What’s your goal today?

Sourcing 52

Sourcing Suppliers Procurement Bidding 52

Planergy

DECEMBER 15, 2022

Tracking expenses is important because it helps businesses budget their money and make informed decisions about where to allocate their resources. Use PLANERGY to manage purchasing and accounts payable. You’ll also be subscribed to our email newsletter and notified about new articles or if have something interesting to share.

Import 52

Import Purchasing Inventory Management 52

Planergy

APRIL 19, 2023

Improves Forecasting The earlier you know your committed spend the easier it is to forecast for budgets and cash-flow. Spend visibility helps when preparing accounts payable accruals which in turn helps with month-end closing and when preparing year-end accounts. Download PDF What’s your goal today?

Purchasing 52

Purchasing Suppliers Contract Risk 52