How to Leverage Automation to Build a Bridge between Both Traditionally, in most organizations, the relationship between finance and procurement has been ad-hoc, and not strategic. Even though the two functions are closely linked together and have mutual goals of savings, control and visibility, oftentimes there is tension between the two departments due to historical […]
EBG | Play: Aligning procurement & finance reducing wasteful spending
Aligning procurement and finance is an always returning topic within EBG | Network. Separate functions, KPIs, systems and how about organizations and even countries. It is not an easy task but the outcome can make huge difference. Difference on bottom line figures, difference enabling an organization to use correct data growing further and difference ensuring […]
EBG | Play: Online Goods Receipt Q&A
A big congratulations to Ann-Louise Hallding, Sourcing & Procurement Process Development Specialist at Telia Company who – on February 17th – won a Sourcing & Procurement Hero Award for her fantastic internal job aiming to improve the companies procurement user experience. Telia Company CPO Jarkki Sakki gave Ann-Louise an award for ” Achievements in deliver value […]
EBG | Insight: Spend control through rapid access to information
In a recent post EBG wrote about studies indicating that an average contract compliance lies at about 30%. How can that be? Why is it so much of company spend is neither under management, control nor influence? Systems not being “filled” with enough data, catalogs and other purchasing options is one key element but according […]