Hitting profitability goals and saving money is a team sport. 🙋🏻‍♀️👨🏽‍💼 👩🏼‍🦳👨🏻‍⚕️ Anyone who owns a vendor relationship should know their budget and goals 🎯 with that vendor. Unfortunately, I often see a disconnect between the business partner who is making decisions about spend and access to finance budget data. ❌

I'm happy to share that I've been selected as a Gartner Peer Community Ambassador for Finance. 🎉 (Gartner Peer Experiences) While generating forecasts, managing cash, and reviewing contracts are all important technical parts of the job, the most impactful aspects of being a CFO are by far the interpersonal relations and positive influence we can have on our community 🙋🏻‍♀️👨🏽‍💼👩‍💼👨‍💻

The best way to get spend alignment with business partners is to provide tools that meet them where they are. Don't make employees be an expert in the company’s procurement tool to be able to communicate information to you. We’ve had our Slack app for quite a while, and we love seeing people use Sudozi’s Slack app to achieve a variety of goals…

I'm happy to share that I've been selected as a Gartner Peer Community Ambassador for Finance. 🎉 (Gartner Peer Experiences) While generating forecasts, managing cash, and reviewing contracts are all important technical parts of the job, the most impactful aspects of being a CFO are by far the interpersonal relations and positive influence we can have on our community 🙋🏻‍♀️👨🏽‍💼👩‍💼👨‍💻 As an ambassador, I’m excited to partner with CFO thought leaders from top companies to help all of our organizations operate more efficiently during these times.

The best CFOs are making investments in procurement - full stop Top 3️⃣ things we’re seeing at Sudozi? ✅ Allocate more of your team to focus on vendor management 🧠 ✅ Invest in modern procurement technology 🛠️ ✅ Bring on on a full time procurement leader (or two) 💪💪

Old way: Measuring procurement based solely on cost savings — huge mistake. Better way ⭐️: The best procurement teams drive so much business value through strategic partnerships, sourcing intelligence, and true teamwork. Yes, of course pricing and cost is a component of it, and it might be the most obvious metric, but it's only the tip of the procurement strategic value. The best companies grow the pie, not just minimize costs.