Downloads: Procurement Research

Reducing Costs By Optimizing the Financial Supply Chain

Spend Matters - Free Research Download
Let’s face it: organizations are under more pressure than ever before to maximize current investments, increase productivity, and reduce costs to stay competitive. Procurement teams need to partner with their finance departments and third-party technology providers to ensure that critical suppliers can attain cash as efficiently and effectively as possible. This report shares results from a survey of over 300 procurement executives that Spend Matters conducted in partnership with ISM for their perspective on the state of the financial supply chain as well as what smart companies are doing to stay competitive and increase the bottom line.

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Spend Analytics, Payment Analytics: The Gateway to Gold in Them Thar Hills

Traditional approaches to spend analytics go deep by focusing on cost and price. Yet by going so deep – especially with more advanced queries – procurement might be missing out on a potentially bigger, easier and more consistent prize that is easier to obtain and keeps “paying back” versus simply driving one-time savings opportunities. Might there be potentially better (or at least supplementary) information sets to start with that focus more on the AP and treasury side of the P2P house rather than procurement alone? Read this paper to find out!

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Procurement is from Mars and Finance is from Jupiter: How to Align Planets

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There is no Venus here (that's a paper for another day on working with Marketing). Mars might be the god of war and mighty in his own right – ready to battle any time with a combative supplier or recalcitrant internal stakeholder. But Jupiter is the king of gods: large, distant, cold, foreboding. These gods might seem similar, and in the business world, Procurement and Finance should in theory be highly aligned and focused on cost management, risk mitigation, quantitative analysis, and other areas. But how do you make it work, sans self-help book from the early 1990's? That's where we step in.

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