Remove Auditing Remove Leverage Remove Vendor Management
article thumbnail

Strategic Sourcing & Vendor Management: Value Creation Levers for Operating Partners

E78 Partners

Strategic sourcing and vendor management. Short-Term Wins: Cost Optimization Through Vendor Management The first step is visibility. Operating Partners begin by auditing contracts, analyzing spend, and benchmarking supplier performance. One proven tactic is vendor consolidation. Contact E78 to learn more.

article thumbnail

Maximizing Value: The Significance of Spend Management for CFOs of Private Equity Backed Companies

E78 Partners

Key Strategies for Effective Spend Management Below are proven strategies for CFOs to enhance spend management, complemented by our firsthand experiences of supporting businesses with these approaches. Before proceeding, we conducted a 6-month historical audit and uncovered $250,000 in billing errors from the supplier.