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

E78 Partners

Implement Technology Solutions : Leveraging spend management software and automation tools can streamline procurement processes, improve data accuracy, and enhance spend visibility. By fostering strong relationships with vendors, CFOs can leverage their purchasing power and negotiate favorable terms, leading to cost savings.

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BNY Mellon Partners With Early Warning Services For Faster Payment Times

PYMNTS

By leveraging EWS’ Real-time Payment Check service with account owner authentication, BNY Mellon’s solution will aid in speeding up validation, so long as the account is open and in good standing, and the payee is authorized to sign on the account. Due to the real-time factor, fraud can be mitigated, the release states.

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Scaling A Digital Marketing Agency: A CFO's Guide to Success

Adam Kae

Cost Control and Expense Management Efficient cost control is a part of maintaining healthy profit margins. We'll discuss expense tracking tools, negotiation tactics, vendor management, and other strategies to keep your costs under control. Check out , this resource to get a head start on controlling your expenses.

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How Enterprise SaaS Ushers In A New Buyer-Supplier Dynamic

PYMNTS

Measuring and assessing delivered value needs to become a central focus of the buyer-supplier relationship in the B2B subscription economy today, said McCorkle, and to do that, the customer needs to step into a larger role in relationship management.

B2C 52
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Candex Raises VC To Help Businesses Pay For Gig Services With Blockchain

PYMNTS

This can lead to the administrative costs associated with vendor management exceeding the cost of the vendor’s services. “It It is amazing how much time and effort gets wasted when a typical organization tries to work with small vendors,” said Jeremy Lappin, Candex co-founder and CEO, in a statement.

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

E78 Partners

Following this action, the cost of debt capital increased substantially, meaningfully altering the economic benefits of larger leveraged buyout transactions. CFOs and COOs, traditionally focused on portfolio company sales and revenue, are now diverting attention towards management company performance.

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Netspend CEO On Making The B2B Pivot

PYMNTS

What they'd like to do is also extend that to people who maybe can't enjoy [the] in-stadium experience but have a loyalty to the brand and are looking to leverage these capacities beyond the stadium environment,” Knutson said.

B2B 112