Here are some nuggets that Andrew Bartolini, Aberdeen Group shared earlier this week on a webcast - ‘Assessing the CFO’s View of Procurement’ - on how you can start building bridges between Finance and Procurement. This is a key focus area for companies enjoying best in class performance - those that are noted for superior [...]

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In the recent webinar, Correcting Your Spend Vision with Visibility, Mickey North Rizza, research director with AMR Research, discussed implementing spend visibility tools to bring more spend under management, gaining competitive advantage through analytics.
During the webinar, we received three really great questions from our audience, and wanted to share Mickey’s responses covering maverick spend, data [...]

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Cash is king, credit is scarce, and stubborn clouds of uncertainty refuse to dissipate. In this time, maintaining a strong balance sheet and an eye on cash flows is a prerequisite for business leaders seeking to master the twin near-term imperatives of viability and maneuverability.
Scrutiny on money flows outside the four walls of a company, [...]

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When I say “casino”, what’s the first thing that comes to mind?
Probably for most of you, it’s money. Actually more like MONEY. Money being spent, won and lost at breakneck speed. And although you’ve possibly had trips to Vegas where you were up against The House (and ask a gambler, and they’ll always tell you [...]

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Friday’s group discussion on Vested Outsourcing led by University of Tennessee faculty member Kate Vitasek went very well. For anyone unfamiliar with her work, Kate literally wrote the book on Vested Outsourcing, a model that utilizes incentives to create more strategic relationships between buying organizations and their outsourcing vendors. So when she stepped up and [...]

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