How to Improve Capital Efficiency by Increasing Adoption of Procurement Processes

Riddle of the Day: If you have a procurement process but nobody follows it, then do you *really* have a process at all?

You’ve created a policy, documented it, held informational office hours. Yet, you still get tons of emails, slack messages, last minute procurement requests, and non-PO backed spend. And, the pressure on finance teams to be more efficient with spending is greater than ever, as it has recently become harder to access additional capital for growth.

Getting adoption of your processes is often the starting place in solving downstream financial and risk issues for the business. Adoption is a common challenge for many procurement and finance leaders.

Watch this on-demand session to hear Kate Denissova (Director of Procurement Advisory at The Hackett Group) and Ed Sawma (VP of Marketing at Zip), discuss the ways to work towards 100% employee adoption of financial policies.

Speakers:

Kate Denissova Director of Procurement Advisory The Hackett Group

Ed Sawma VP of Marketing ZIP