Finance and procurement alignment - traditional way of working

All companies want to gain effective control of how much – and with whom – they spend. To do this, they need to establish robust internal controls, enforce contract compliance and reduce maverick spending across their organisation. The best solution for most companies is to deploy a dedicated e-procurement solution for indirect procurement. In this eBook, we give you a ‘how-to’ guide for making e-procurement work for your business.

Building business transparency is a crucial part in increasing consumer trust, keeping up with the pace of business, and economic changes. According to a survey of nearly 800 global executives conducted by Harvard Business Review Analytic Services (HBRAS), respondents cited 3 crucial barriers standing in the way of achieving a more visible finance and procurement, and greater transparency throughout their organization: Technical transparency, Organizational transparency and Cultural transparency