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Overcoming Visibility Challenges to Kick-Start Sustainability Initiatives 

ivalua

Following the global climate protests that swept the world in 2019, sustainability rose to become a business priority. In our latest study of UK-based procurement, supply chain and finance professionals, we found that 60% of UK businesses have decreased investment in sustainability initiatives as a result of the coronavirus outbreak.

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Aligning Finance and Procurement – Phase 5: Sustaining alignment success with shared KPIs

Spend Matters

Following on from Phase 4 Leveraging technology to bridge the Finance-Procurement gap of our In-Depth Guide to aligning finance and procurement, Phase 5 looks at how to measure and sustain that success. Tracking performance over time is key to measuring the business value the collaboration is delivers.

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Aligning Finance and Procurement – Phase 4: Leveraging technology to bridge the Finance–Procurement gap

Spend Matters

Technology is a powerful enabler of finance-procurement collaboration, bridging gaps in spend visibility, cost control and data integration. Without the right tools, procurements contributions to financial strategy can remain disconnected from budgeting, forecasting and risk management.

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How Spend Management Software Simplifies Financial Oversight

TYA Suite

Keeping costs under control is essential to sustaining operational effectiveness and profitability in the quickly changing corporate environment. Spend management software offers companies the tools to streamline financial operations, monitor expenses, and maintain control over their budgets.

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COVID-19 hindering sustainability initiatives, reveals research

ivalua

16th July 2020, London – Research from Ivalua, a leading provider of spend management cloud solutions, has shown that six-in-ten (60%) UK businesses have decreased their investment in sustainability initiatives due to the COVID-19 pandemic. Lack of visibility slowing plans to tackle environmental concerns.

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Aligning Finance and Procurement — Phase 3: A path to collaboration

Spend Matters

Each function’s objectives often overlap, particularly in areas such as financial reporting, cost management, budgeting and data-driven decision making, so when procurement strategies align with finance-led initiatives, organizations gain greater financial visibility, improved efficiency and stronger risk control.

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The challenges of spend management technologies and Raindrop’s industry-disruptive approach

Spend Matters

This content does not express the views or opinions of Spend Matters. In today’s dynamic business landscape, effective spend management is crucial for maintaining financial controls and achieving sustainable growth. Employees may struggle to perform simple tasks, leading to frustration and reduced adoption rates.