It’s a tough time to be a CFO right now. The looming recession — catalyzed by the COVID-19 pandemic — can stifle enterprise growth for the next few quarters and beyond.
Which means, CFOs need all the cash they can save internally to sustain and enable growth — and a new, more effective approach to reduce costs: Budget-to-Pay (B2P).
In a timely new paper, The Case for Budget-to-Pay: A Win-Win for Procurement and Finance, GEP discusses a new approach to help CFOs achieve rapid cost reduction and save cash.
- The difference between Budget-to-Pay and Source-to-Pay
- How B2P can help achieve greater cost reduction and savings
- The role of procurement in B2P
- How finance and procurement can collaborate to implement B2P
It’s a must-read for finance and procurement leaders looking for effective ways to improve cash flow and take out significant costs from business spend — get your complimentary copy today.