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March 28, 2017

Serving up Services Procurement.

Serving up Services Procurement.

The podcast series that’s all about minding your business in contract management and source to pay.

In this episode of our podcast, I had a conversation with Julien Nadaud, Chief Product Officer of Determine, about the increasing importance of Services Procurement, and why it hasn’t been more fully embraced by companies.

We expanded on the scope of what categories are included under the Services Procurement umbrella. With the move in Europe and the U.S. from manufacturing to service economies, companies that embrace Services Procurement will have a definite edge – especially in attracting talent.

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March 22, 2017

Harmonizing Procurement and Payables

Harmonizing Procurement and Payables

Hit all the right notes by getting procurement and payables in sync.

One definition of harmony is the combination of simultaneously sounded musical notes to produce chords and chord progressions having a pleasing effect.  When music is in harmony, in an orchestra for instance, there are a number of tones that are produced creating an amazing distribution of sounds; collective sounds from multiple instruments that can not be reproduced on their own.

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March 17, 2017

Servier finds platform technology a prescription for success.

Servier finds platform technology a prescription for success.

Based in Suresnes, France, Servier is a leading pharmaceutical organization specializing in specific areas of development, including cardiovascular, oncology and rheumatology. Founded in 1954, Servier is present in 140 countries, with more than 21,000 employees, including close to 3,000 in R&D alone.

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March 9, 2017

A Prosperous Alliance: Procurement and Accounts Payable

A Prosperous Alliance: Procurement and Accounts Payable

I will never forget the first time I set foot in an Accounts Payable department. I was working as the lead consultant on a project to completely transform and rebuild a company’s procurement function. Everything was going exceptionally well: processes, reporting, technology implementation, and upskilling the current team. The CPO mentioned to me that I should stop in and introduce myself to the AP lead before the project moved much further forward. I dutifully did so – although when I walked onto the floor and heads suspiciously popped up from cubicles all around me, I knew something was up.

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