What is the relationship between budgeting and procurement at your organization?
Our research shows that many organizations’ procurement activities take place independently, without the benefit of a solid foundation of budgeting controls to maintain oversight. Innovative organizations have discovered strategies to integrate budgeting and procurement, rein in unregulated manual purchasing procedures, and effectively bring all company spend into a controlled environment.
Watch Jimmy LeFever of PayStream Advisors and Pierre-Marie Rallu of Determine as they discuss the latest market research on eProcurement and budgeting technology. They also welcome case study presenter Dave Cornine of Sony Music Entertainment to tell the Sony success story. Find out how Cornine and staff successfully implemented technology to reduce costs and streamline a volatile budgeting cycle.
You’ll learn how to:
- Automate business spend policy rules for continuous oversight
- Leverage spend data to strategically adjust budgets
- Provide staff with built-in competitive pricing capability for smarter buying
This session will arm you with the tools you need to improve process efficiency, increase visibility into spend, and ultimately capture tremendous competitive advantage for your organization.