How to Build Resilience for Finance and Procurement

In good economic conditions, most companies focus more on top-line growth than getting their costs under control.

How to Build Resilience for Finance and Procurement

Now, as finance and procurement leaders, you’re being asked to step up to ensure your organisation can not only manage through the current uncertainty but also thrive in the years ahead.

Read on this strategic framework, complete with actionable steps, to secure your company as a resilient business. You will learn how to:

• Gain visibility and control of your business spend-revealing strategic areas for cost containment
• Implement critical steps to immediately mitigate supplier risk
• Support the health of your business today while also building agility for the future

Table of contents

Introduction: How to Build a Resilient Company in Uncertain Times
Priority #1: Gain Immediate Visibility and Control of Your Spend
Quickly Gain Visibility and Control Over Spend
Use Data to Make Tough Decisions with Confidence
Enforce Policies and Cost Controls Across Your Organization
Priority #2: Mitigate Supply Chain Risks
Monitor Supplier Health and Flag Emerging Risk Identified
Take Action to Quickly and Proactively Address…