“We have no specific procurement goals.”
In the early days of the firm, I did a regional tour to visit different procurement organizations to get their feedback on my plans for CPO Rising and Ardent Partners.…
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…
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…
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…
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,…
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…
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…
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…
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…
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…