PRINCETON, NJ, Nov 07, 2017 - Zycus, a leading provider of source-to-pay procurement will present a webinar titled 'Procurement Savings by the Numbers: Creating a Shared Savings Ledger with Finance’ on November 21, 2017 at 2.00PM EST.
Every Procurement team is measured on savings, but creating a single version of savings truth between Procurement and Finance remains elusive for most. How will savings be calculated and allocated? What constitutes actual, realized savings? How are cost reductions and cost avoidance treated? How will budgets be impacted? And perhaps most importantly, what is the process for Finance to sign-off on Procurement’s savings contributions? This webinar by Zycus featuring a case study from Qualcomm, which has deployed a best-of-breed Financial Savings Management platform to create one version of savings truth for Procurement – and Finance.
This webinar will highlight best practices such as:
- Developing and establishing visibility to an enterprise-wide portfolio of savings projects
- Enforcing stakeholder compliance to savings tracking and reporting methodologies
- Prioritizing savings projects based on ROI potential and ease of implementation
- Ensuring savings projects are executed and identified savings are realized
Title: Procurement Savings by the Numbers: Creating a Shared Savings Ledger with Finance
Date: November 21, 2017
Time: 2:00 PM EST
Kyle Appell - Director, Protiviti
Kanishka Ghosh - Director, Product Management, Zycus Inc.
Rob Walker - Manager, Business Systems, Source-to-Pay Global Services, Qualcomm Inc.
Senior Marketing Executive, Zycus Inc.