| Procurement, Finance Teams Are Not On The Same Page
The B2B FinTech world hears it time and time again: eProcurement is evolving into a strategic part of the enterprise and can, in theory, generate savings with a significant bottom-line impact. New research from Protiviti, though, says very little of those savings are actually getting to the bottom line, and uncovers a gap in how procurement and finance teams perceive the ability of procurement to positively affect cash flow. Bernie Donachie, managing director and leader of Protiviti's supply chain practice, tells PYMNTS why this lack of communication about what the enterprise does with procurement savings can throw the whole business's cash strategy out of line.
Read More... |
