Overview: BT Group Chief Procurement Officer Cyril Pourrat and Sr. Transformation Officer Adam Brown discuss how they are powering “the salesforce of the bottom line” at BT Group using Suplari for spend analytics, spend intelligence and spend agility. CEO of the Sourcing Industry Group Dawn Tiura interviews Cyril Pourrat, Adam Brown and Suplari CEO Nikesh … Read More
In today’s world of dispersed teams and even entire enterprises, due to COVID, asynchronous communication, planning and collaboration are critical to success. The ability to take action rapidly, based on the data and insights, has separated Suplari customers from the rest. Executive leadership, CPOs, CFOs, procurement and finance teams, needed to swiftly collaborate with suppliers and triage spend as COVID changed the landscape in early 2020.
Media News Group Chief Procurement Officer Jeff Ball is using spend analytics and Suplari to renegotiate spend and payment terms with his top one hundred suppliers amidst 2020’s coronavirus crisis. Understanding spend across the enterprise puts him in a better position to negotiate terms. Suplari insights also enable Media News Group to capture rebates from … Read More
Media News Group Chief Procurement Officer Jeff Ball discusses how to elevate procurement strategically in the enterprise through Zero-Based Budgeting, Driving Cash Flow, and Partnering with the CFO.
Executive Insights Companies are aggressively looking for tactics to reduce costs and unlock savings on all their indirect and direct purchases and to more effectively manage their cash flow in procurement. Declining market demand and over-capacity is driving finished product manufacturers to put price pressure on their suppliers. They too must then re-negotiate contracts with … Read More
Now more than ever, companies need actionable insights from their data to improve performance in every part of the organization and to help weather Covid-19 and all its economic impacts.
Managing cash flow, finding savings, and enforcing new spend policies are top of mind for most CFOs right now. With no end in sight to the coronavirus crisis (yet), procurement teams must prepare now for a recession. Their big challenge is to determine what should be prioritized to maximize results. Suplari is reacting quickly to customer requests to deliver fully automated insights from a customers existing ERP and financial data that identify opportunities to conserve cash, avoid large payments, negotiate better terms, and enforce new policies.
Procurement leaders must urgently spearhead a campaign to help their businesses endure the coronavirus recession and lay a solid foundation that maximizes future business opportunities. This article outlines how procurement teams can formulate effective Cash Management, Supplier Management, Risk Management, and Spend Management Strategies that help mitigate the effects of this (or any future) crisis. … Read More
Procurement leaders have a unique opportunity to play a proactive role in managing risk and reducing spend to help provide much needed flexibility in this time of high uncertainty. At Suplari, we’re ready to help support procurement and finance teams as they strive to come out of this crisis stronger than ever.
Recently Greg published a thought piece called “Spend Visualization” as a [wake-up call] for the procurement industry to the importance of data in making strategic decision and his recommendation on how to aggregate, cleanse, analyze and train your team on using decisions to drive insights and actions.