Webinar

Memo to CFOs: You Have a Procurement Problem | Fine Tune



Watch this webinar On-Demand here: https://event.on24.com/wcc/r/4203359/1E9AE4D4F38D6FEDE3C592F9E548E766


Procurement departments in today’s organizations—especially those handling indirect categories—typically fall short when it comes to dedicated and vigilant expense management. And it’s costing shareholders.

The unproductive procurement department routine goes like this: negotiate new contracts every few years, project year-one savings that rarely materialize, collect bonuses based on those flawed projections, turn attention to other projects while costs rise in ensuing years, and do it all over again every 3-5 years.
 
It's time for CFOs to understand the challenges related to your procurement department’s outputs—and help reorient procurement to truly align with the company’s bottom line.
 
Nothing can improve the bottom line more quickly than REAL expense reduction, but achieving real results in a dynamic and changing environment requires new strategies—especially in today’s world with supplier consolidation, fewer people doing more work, and myriad data issues.
 
Learning Objectives:
  • How to drive change and achieve best-in-class expense management—especially in complex indirect expense categories
  • How to align Procurement with actual P&L savings instead of single-year projected savings
  • How to understand the roles that software, data, and analytics play in decision-making and optimizing procurement processes

Speakers

Matt Smith

Executive Vice President & CFO
Fine Tune

Credits

1.00 CPE
Basic

Method

group-internet-based

Field

Finance, Technical

Prerequisites

None

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