A successful P2P project can start in many different areas and travel many different paths; but, before an enterprise begins its P2P journey, it should have a sense of where it is going and what it is trying to achieve. Crafting the right plan or blueprint at the outset of a P2P project will help [...]
October 20, 2021
Andrew Bartolini
Best Practices, Process, Technology
The value driven by the average sourcing team over the last decade has, in many cases, been significant and transformative. But, competitive forces at play in a rapidly changing business environment require that many tried and true strategies must be enhanced if they are to retain their impact. Here are a few ways to unlock [...]
September 4, 2020
Andrew Bartolini
Best Practices, Process, Technology
(This article was originally posted on CPO Rising by Andrew Bartolini on July 31st, 2020) Ardent Partners’ 15th annual state of procurement study completed earlier this year found that the Chief Procurement Officer’s top priorities in 2020 have shifted dramatically, largely as a result of the coronavirus pandemic and its impact on business (note that [...]
July 31, 2020
Andrew Bartolini
Other
In April and May, Ardent Partners hosted The CPO Rising 2K20 Virtual Series – The Resiliency Imperative as a way to bring together our global community of procurement, finance, and supply management professionals and collectively tackle the big issues we were all facing and continue to face as a result of the coronavirus pandemic. More than 2,300 [...]
July 29, 2020
Ardent Partners Analyst Team
Other
The global uncertainty that pervades today’s market indicates a very real threat of a deep economic downturn. In response, the CFO’s new “hierarchy of needs” has placed a laser focus on business continuity and the liquidity needed to fund ongoing operations. Let’s examine a few ways that Chief Procurement Officers can support this top priority. [...]
June 10, 2020
Ardent Partners Analyst Team
Best Practices, Process, Research, Solutions, Technology
In 2019, the duties of the Chief Financial Officer (CFO) continue to expand, straddling the traditional areas of financial stewardship and the more progressive areas of strategic and business leadership, while frequently including direct responsibility for certain business functions. This significant, role-based expansion is perhaps best-evidenced by the “CEO-in-Waiting” status that many CFOs now appear [...]
November 25, 2019
Andrew Bartolini
Best Practices, Process
[Editor’s Note: Our colleague at Ardent Partners, Matt York, wrote an excellent column last week highlighting three key takeaways from our CPO Rising Summit in Boston and I thought his insights would be valuable to share on PayablesPlace as well. Two weeks ago, delegates, speakers, and supply management solutions providers descended upon the historic Harvard [...]
November 11, 2019
Ardent Partners Analyst Team
Event
One never really knows what the coming business environment will hold. We are in the midst or quite possibly at the tail end of one of the longest market expansions in modern times. History tells us one thing, nothing lasts forever. Given this undeniable truth, it behooves organizations to plan and take appropriate steps for [...]
October 7, 2019
Ardent Partners Analyst Team
Best Practices
Publisher’s Note: In 2019, Ardent Partners is celebrating 10 years of delivering “Research with Results” to readers of our network of sites, including published reports, eBooks, presentations, insights, articles and events. To commemorate the occasion, we are going to reflect on the firm’s first decade by presenting a “throwback” series that will include a blend of top [...]
July 24, 2019
Andrew Bartolini
Best Practices, Process
Publisher’s Note: I am very pleased to share with you Ardent Partners’ annual state of procurement research report, CPO Rising 2019. Those of you who have followed us over the years know that this report is a culmination of a year’s worth of research, conversations, and insights. And, it is available now by clicking here. In 2019, [...]
May 10, 2019
Andrew Bartolini
Research