Title: Moving from Tactical to Strategic Procurement

Date: Thursday September 13,2018

Time: 2pm EST | 11am PST

Duration: 60 minutes

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The goal of any organization is to run its operations as efficiently and strategically as possible, especially where it affects cash flow, financial stability, and the bottom line. However, without the proper tools in place to manage back-office processes, or the ability to optimize processes based on important financial data, organizations can’t always manage their current state with their competitive advantage in mind.

One example of this is manual procurement. Without electronic procurement (eProcurement) software to automate processes, organizations can’t help but focus on the tactical problems that are born from inefficiency and a lack of control. On the other hand, automation enables organization to shift their focus to more strategic aspects of procurement. With automation, companies are also able to leverage advanced reporting and analytics to identify new areas of spend management, areas that were not visible or accessible under manual processes.

Join PayStream Advisors and eProcurement expert, Paramount WorkPlace, as we explore how strategic procurement management and automation, including eProcurement capabilities like advanced analytics and reporting tools, helps companies optimally manage spend.

This webinar will explore:

  • Trends in procurement management among North American organizations
  • Best practices for moving from tactical to strategic procurement
  • eProcurement automation software that enable strategic spend management

Accreditation: Webinar participants can earn 1 CPE credit in Management Services.

Prerequisites: previous experience in finance

Who should attend?
• Procurement and Back-Office Finance Professionals
• CFOs
• CPOs
• Finance Directors
• Controllers

Advanced preparation: none

Program level: Update

Delivery method: Group-Internet Based

Cancellation policy: PayStream Advisors may at its discretion cancel or replace a previously announced program with a program of similar content. We will make every effort to provide sufficient notification of such change. For more information regarding complaint and/or program cancellation policies, please email us at cpe@paystreamadvisors.com.

Refund policy: no fee charge

PayStream Advisors is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org. NASBA sponsor number: 136565.

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