CFO insight: the dividends of collaboration between finance and procurement
In the past, the dialogue between the finance function and the procurement function reflected a transaction-focused mindset. Activities were task-driven rather than goal-driven, and done within the context of the function, not the business. Procurement’s job was to acquire goods and services at the cheapest possible price and on the best terms. As the worldwide credit squeeze continues to assert pressure, and natural disasters impact supply chains, the roles of finance and procurement need to change to stay ahead of forces outside their control.
CFO Magazine conducted a survey of senior finance executives on how finance and procurement are collaborating in new and unusual ways in order to reap exceptional results.
Watch this webinar to witness the results, in particular discover:
Presenting this webinar
Global Director of Product Marketing at Ariba
James Tucker is the global director of product marketing for Ariba’s Collaborative Finance Management solutions. Mr. Tucker is responsible for all aspects of product marketing of invoice, payment, discount management, and working capital solutions. He brings more than 20 years of experience in business strategy, product management and marketing with expertise in business analytics, process transformation and enterprise performance measurement. Before joining Ariba, Mr. Tucker was vice president, product marketing at JPMorgan and director, product marketing at Xign Corporation. He has also served in various leadership roles at PeopleSoft and KPMG Management Consulting. Mr. Tucker holds a B.S. in Applied Computer Science and Technical Mathematics from Plymouth State University, New Hampshire, and an MBA in Finance and Marketing from St. Mary's College, California.
Senior VP, Director of Research at CFO Magazine
Sam Knox is the vice president and director of research at CFO Research Services, a unit of CFO Publishing LLC, which produces CFO magazine, CFO.com, and CFO Conferences.
Susie West is the Founder and CEO of sharedserviceslink.com. She set up this business community in 2007 having spent too many hours going to too many conferences as a sponsor, and feeling cheated by the experience. The excitement building up to a conference was routinely replaced by disappointment at the event. Where was the va-va-vroom that was promised? Where was the spark that would ignite ideas? Where was the practical information that was going to change the lives of the delegates?Susie had set up and run a division for a conference company before and knew the business model. She left e-invoicing solution provider OB10 where she had been been in sales, and set up what is now recognised as the leading community and information provider in the shared services space. “If you really care about your customers, and you want to have a wholly positive impact on their lives, your business can flourish. Our central focus is to inspire our delegates at our events and through our webinars, and send them back to the office pumped up and ready to drive through the change they need to, which will secure business success” says West.With twelve years in shared services Susie is excellently places to chair each of the conferences and webinars. She speaks regularly at external events.
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