How Procurement and Finance Executives can create bottom line impact from Source to Pay | White Paper
Enterprises often focus too narrowly on cost savings and lose sight of critical measures like improving bottom line impact, reducing Total Cost of Ownership (TCO), improving customer satisfaction and achieving global cost competitiveness.
This paper highlights how CFOs and CPOs can deliver bottom line impact by:
- Setting cost-savings and spend under management (SUM) objectives
- Managing the spend portfolio effectively
- Setting organizational and policy frameworks
- Partnering with third-party service providers to achieved desired results