Zycus

Procurement organizations are evolving from cost centers – or even shared services centers – to be measured as true “profit centers” that are accountable to executive management and shareholders to deliver specific, measurable ROI targets. In this climate, savings expectations are increasing, yet opportunities to save are also increasingly hard to come by. The result is that procurement organizations will be under the microscope to contribute to corporate profitability by achieving world-class ROI from their procurement operations. This session will focus on the best practices and best-in-class tools that not only achieve significant savings but also provide Procurement organizations with the visibility to track and report Finance-approved savings reflected in the actual financial statements.

 

Contributors: Zycus
Categories: 2014 Spring - Nashville, Summit Presentations
SRC Type: Benchmarking and Analysis, eSourcing and Tools, Procurement Operations