On December 14, Spend Matters will host an exciting, advice-laden webinar with the digital procurement transformation powerhouse KPMG – one the largest, IP-infused digital services firms in the world.
We’ll be discussing how procurement organizations can find opportunities to drive sustainable value for the business in a period when money, talent and time are in short supply – a discussion we believe is hugely topical and relevant in this time of austerity and looming global recession.
Procurement organizations are going to have to concentrate on reaching beyond their traditional value adds in order to achieve more with less: not only to find this added value, but to secure and maintain it.
Discussing how Procurement can tackle this huge challenge will be Dipan Karumsi, US Leader of KPMG’s Procurement and Outsourcing Advisory Practice, and Pierre Mitchell, Spend Matters managing director and chief research officer. The discussion will be moderated by Sheena Smith, Spend Matters chief strategy officer.
Time, Talent, Money – overcoming three obstacles to business success
The discussion will highlight some of the specific pain points that KPMG clients are witnessing right now: reduced or frozen budgets, lack of available talent and not enough time to address them – three challenges that every Procurement organization is facing now to some degree. Our panelists will showcase how innovative procurement teams are approaching these obstacles to help drive value.
You can expect to learn about:
- The macro and micro forces that are driving the pain points of time, talent and money
- Specific approaches and methodologies that KPMG is helping to put in place, and which Spend Matters is witnessing in the tech space, that many procurement teams may not yet have considered
Dipan and Pierre will share their understanding of what is driving this current state of attrition and the struggles they are witnessing as procurement teams juggle tightening budgets and unfilled team positions while having to continue to fulfill the same business goals.
They will touch on all of the extra priorities landing at Procurement’s door right now, and explain how, among other methods, automation of routine tasks and process mining to spot inefficiencies can help drive efficiencies and free up valuable time. They will explore how developing stronger business cases can help programs get prioritized and share tactics for finding budget reallocation opportunities that can potentially help fund a critical project. They will also explain what organizations are doing to bridge the talent gap and meet the demands of the business.
How to solve the problem of third-party risk management
Also on the agenda is the ever-present threat of third-party risk. Our panelists will examine how organizations can start to manage this on a more global rather than a local level and how the integration of technologically advanced third-party risk management solutions into the S2P process is becoming ever more critical to drive time-sensitive decision making. They will then discuss how doing this can also help solve the threefold dilemma of time, talent and money that is the key focus of this KPMG/Spend Matters webinar.
Register here to join us on …
December 14, 2022, 12:00pm EST, 17.00 GMT+1
… as they openly share ideas and advice backed by real-life experience and data-driven evidence in this information-rich discussion on solving Procurement’s main pain points of today.
More details about the webinar can be found here:
Driving procurement value when you don’t have money, talent or time