When a supplier is a global business, having clarity on all its divisions, regional operations, and subsidiaries can be hard. You might have numerous vendor relationships with the overall supplier...
When a supplier is a global business, having clarity on all its divisions, regional operations, and subsidiaries can be hard. You might have numerous vendor relationships with the overall supplier...
As businesses face a winter of uncertainty, a new acronym is making the rounds: VUCA, military shorthand for volatility, uncertainty, complexity, and ambiguity. Going into 2021, that’s the environment procurement...
Originally appeared on Accounting Today, January 28, 2021 To succeed in today’s disrupted business environment, finance teams need to consider all of their untapped sources of value. Thriving in highly...
Originally appeared on AccountingWeb, January 26, 2020 If you already have a contract compliance program in place for your clients, you know they help recoup historical cash leakage. But in...
Originally appeared on Supply Chain Quarterly, January 24, 2021 For finance departments around the globe, COVID-19’s altered reality has been a massive wake-up call. Uprooting operations exposed issues and inefficiencies...
Retail merchandise recovery audits are an effective way to recoup funds lost due to overpayments, under-deductions, and simple human error. But like any meaningful business initiative, audits require time, resource,...
Conducting a deep dive to understand the underlying reasons for why something went wrong is an essential part of many jobs. From plumbers to accountants, getting at the root cause...
Most shared service centers (SSCs) had crisis plans prepared when COVID-19 struck. They shifted to remote working, reduced capacity, implemented new collaboration tools, and adapted processes as conditions changed. That...
According to Nielson Intelligence Analytics, in November 2020, the percent of products sold on promotion in the UK was down a little under 15% year over year. Early in the...