Hands up how many have or have tried a “No Po No Pay policy”? EBG have enabled discussions around it several times since 2010. One of the main challenges – how do you actually get stakeholders to comply with set up processes?
In a day and age where technology is evolving rapidly – is there another way to tackle indirect spend management? Starting by asking – what is the desired outcome?
Welcome to join a webinar where commonly known ways of working are challenged. Giving you who work with taking an increased control over your indirect spend valuable food for thought and practical advice.
Date: September 11th, 2024
Time: 10:00-10:45 AM CEST
Place: Your computer/tablet/phone
Language: English
Cost: Free of charge but requires registration
Organizer: EBG | Network & Medius
The demands on purchasing & finance departments have changed – what used to be the truth, may no longer be valid. What truths should we challenge?
“No PO, no pay” has been a mantra for solving indirect spend challenges. Has requiring a PO given you control of spend and/or more time to date? Have you bought a procurement system just to find stakeholders do not use it? With new technology available and evolving fast, what common truths are being challenged and how can it change how companies take control over indirect spend?
Anyone looking to optimize operational efficiency need to look at Spend Management end-to-end. Without an overview and understanding what you want to achieve you will continue to work reactive instead of strategic.
Join this webinar to learn more about what you should reevaluate and how you can leverage new technology to gain insight and control over spend.
During this webinar Carin Collin, Global VP of Customer Success at Medius with 20 years experience as an advisor in spend management in different roles will share her experiences. Carin will address, and challenge, some of the “truths” in Spend Management as well as walk you through how new technology can impact you.
Join us to learn:
- How can new technology impact the processes we have today, and influence how we will work in the future?
- What are the challenges Medius customers are facing regarding indirect spend, and how they are solving them?
- How are AI and Machine Learning impacting areas such as Procurement, AP and Expense management?
- Why should the “no PO, no pay” policy be challenged?
This webinar is open for practitioners only. Registered will receive the slides and recording after and EBG are happy to gather questions of importance ahead of the session.
Make sure to >>register at no cost to learn from the expert and your peer group joining!
About Medius
Medius links invoice capture, processing, and payment to replace the worry and wondering of managing AP with calm and confidence. Medius goes far beyond basic automation by using artificial intelligence to do most of the work – so invoices get confirmed, coded and paid and businesses can trust their budgets and forecasts. Medius, on a mission to transform the spend management