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

E78 Partners

This statistic underscores the significance of strategic spend management, even within technologically advanced resources. From our experience, inventories with numerous components, such as mobile devices, contact centers, or cloud licenses, generally present a 15-20% opportunity for cost reduction.

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Why Efficient Cost Management Takes Center Stage for Private Equity Amid Rising Interest Rates  

E78 Partners

Cost Management Strategies a Key Priority for this Next Cycle With the task of raising and deploying new capital more challenging, PE sponsors are increasingly compelled to optimize the financial management strategies of their current portfolio companies.

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Procurement Professionals Unhappy With Tech Options

PYMNTS

Procurement professionals aren’t happy with the technology available to them, finds a new report from Consero Group. For instance, more than half (54 percent) said they plan to invest in spend analytics technology this year, and nearly half (46 percent) said they will increase their use of eProcurement solutions.

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