𝘏𝘰𝘵 𝘵𝘢𝘬𝘦 𝘧𝘰𝘳 𝘵𝘩𝘪𝘴 𝘚𝘶𝘮𝘮𝘦𝘳 𝘔𝘰𝘯𝘥𝘢𝘺 𝘈𝘔 ☀️... If you’re a finance leader who thinks that procurement isn’t worth your time, you’re wrong. Having an opinion on your procurement process and getting clean data on the software, service, and other investments is critical to forecasting growth, explaining variances, and minimizing risk.

Wow. Didn't realize this was dropping today! I was already starting to use Claude more after the whole Scarlett Johansson drama.

What does this set of books say about me in my early 20s? I've been working from my parent's house this past week and apparently, they kept books from almost two decades ago when I was apartment hopping and used their house for storage. Finance & Accounting Bayesian econometrics Startups Poker Comedy

𝘏𝘰𝘵 𝘵𝘢𝘬𝘦 𝘧𝘰𝘳 𝘵𝘩𝘪𝘴 𝘚𝘶𝘮𝘮𝘦𝘳 𝘔𝘰𝘯𝘥𝘢𝘺 𝘈𝘔 ☀️... If you’re a finance leader who thinks that procurement isn’t worth your time, you’re wrong. Having an opinion on your procurement process and getting clean data on the software, service, and other investments is critical to forecasting growth, explaining variances, and minimizing risk.

n today's AI consumption-pricing world, finance and procurement teams need to stay on top of multiple dimensions of vendor data at one time: 1) budgets 2) actuals 3) contractual commitments 4) new requests To prevent excess spend and to forecast accurately, automation and good procurement processes are critical.

I've been surprised at savings calculations methods I've heard recently. Some teams are being asked to calculate savings vs budget while others are calculating savings vs initial contract price. I think both are important pieces of data to keep track of.