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3 Reasons Why CPOs Should Attend Budget Reviews

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Today, Buyers Meeting Point welcomes Robert Cohen, Vice President of Marketing at basware. Bob brings nearly two decades of accounts payable, finance, technology, purchase-to-pay and e-invoicing expertise and experience to his work at Basware and to the industry overall. Prior to joining basware, Bob worked for American Express, Cendant, and Computer Associates.

In this timely conversation we discuss the three reasons why CPOs should attend budget reviews, including:

  • Learning critical information about each budget owner's plans for the year to come, including sourcing needs, tight funds, and areas of potential supplier risk
  • Better understanding the users of the e-procurement system and identifying opportunities to improve compliance
  • Providing consultative services to other departments, whether because requested funds were not approved or because there are opportunities to partner with suppliers to achieve ambitious goals with limited resources

For additional information, you may be interested in the following resources:

Webinar: WeProcurement: Change Spend Behavior

eBook: WeProcurement: Putting the We in e-Procurement

Whitepaper: Introducing e-Procurement for Buying & Paying Smarter

 

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