Companies are always looking for ways to save money. They may have already cut costs in areas like manufacturing and shipping. Now, they're turning to a hidden area where they can save more money ...

In today’s complex healthcare landscape, Chief Financial Officers (CFOs) face constant pressure to optimize resources and maximize value. While clinical excellence is still paramount, a strategic ...

“After achieving buy-in, a shop must begin collecting and analyzing data on all of its procurement purchases. If costs are not highly visible, any effort to measure and reduce them will be ineffective ...

The strategic importance of indirect procurement often remains underappreciated despite its considerable impact on organizational efficiency and financial performance. Effective management of indirect ...

This article explores why indirect spending matters and how to manage it better. Brex breaks down the difference between direct and indirect costs, shows common spending challenges businesses face, ...

The financial case for addressing these challenges is compelling. Companies that implement structured indirect procurement programs typically uncover savings of 10%-20% across major indirect ...