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Procurement’s Evolution, Part II: Convergence with Travel
Today, we continue our series that highlights procurement’s (and the chief procurement officer’s) evolving influence within the greater enterprise. Each of these articles will tackle a business function or enterprise... Read more
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Trending in 2014: Supply Chain Finance
In a recent article, I noted Supply Chain Finance (SCF) as being one of the top trends for 2014 (read more here). This article offers a more detailed discussion of... Read more
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Procurement’s Evolution, Part I: Convergence with Finance
Today in the waning days of 2013, we being a new series that will highlight procurement’s (and the chief procurement officer’s) evolving influence within the greater enterprise. Each of these... Read more
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A Working Capital Marketplace
Optimizing working capital has been discussed frequently in the P2P and AP spaces and is often promoted or marketed as a benefit to automating the invoice and payment process. Yes,... Read more
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Corporate Convergence: Finance and Procurement
Convergence has been a big theme this past decade. Frankly, it seems like everything is converging with something else. Your local pharmacy is now your walk-in clinic. Your low-cost retailer... Read more
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The CPO’s View: Six Strategies to Engage the CFO
Forces are combining to align procurement and finance. For example, the evolution and expansion of the CFO and Chief Procurement Officer roles have served to bring these two leaders and... Read more
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The CPO – CFO Alliance
“The CFO-CPO relationship might be the most important relationship that exists or needs to exist within the enterprise.”– John Paterson, Chief Procurement Officer, IBM We agree with John and that’s... Read more
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Start Measuring It
[Publisher’s Note: Ardent Partners is hosting a new webinar. Click for details and to register “Game of Thrones: How a Strong CFO-CPO Alliance Can Command Top Performance” – July 25... Read more
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Is Your AP Dept. Making an Impact on Working Capital? Why Not?
Changing the standard payment terms in supplier contracts is one way that procurement departments are impacting working capital. It was a popular strategy in 2009-2010 like when we wrote about with... Read more
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Procurement Performance: Reporting Out, Managing In – A Case Study
I recently caught up with a procurement executive and “friend of the site” to discuss eProcurement systems and the complexity of managing back-end systems for a company that has been... Read more