[WEBINAR] Procurement-Related EBITDA Impact
Spend Analytics in Private Equity Webinar
Spend Analytics: Critical for Procurement-Related EBITDA Impact
As you may know, private equity firms have long recognized procurement spend optimization as a strategic lever for valuation enhancement. Furthermore, leading firms are taking a quantitative, data-driven approach to enable their procurement strategies. Still, these same firms end up struggling to achieve spend visibility. Even with these methods in place, firms are often frustrated by the lack of clarity into their portfolio companies spend data.
Spend visibility is not only crucial, it’s the foundation for any cost optimization program, regardless of whether it translate to individual company procurement optimization or a cross-portfolio synergy program. These programs harness the aggregated purchasing power of a portfolio. Spend analytics are also crucial to capturing the full value of indirect consortia programs, where companies issues are typically not clear or are drastically eroding the expected savings realization.
If it takes a portfolio company more than an hour to produce a breakdown of all spend across the company, organized by category, they do not have adequate spend visibility. Poor visibility means savings opportunities exist.
In a world where spend visibility is a basic requirement for even average procurement performance, we continue to find that most portfolio companies struggle to achieve full procurement visibility. Poor visibility means savings opportunities exist. Portfolio companies struggle with procurement data challenges for several reasons, and in this procurement webinar, we focus on the three most common ones and examine why it matters to private equity firms.
Attend this webinar and gain insight into:
- 3 common spend visibility challenges in private equity
- Strategies to leverage spend analytics and accelerate the value of your portfolio companies
- Case studies and live Q&A
Webinar: Spend Analytics = Critical for Procurement-Related EBITDA Impact
Date: Thursday, October 27, 2016
Time: 02:00 PM Eastern Daylight Time
Speaker: Jake Wojcik, Senior Vice President at SpendHQ & Insight Sourcing Group
About the Speaker:
Jake is the Senior Vice President SpendHQ as well as its parent company, Insight Sourcing Group. Jake has 15 years of experience in management consulting with a focus on procurement, sourcing, and supply chain management. Prior to SpendHQ, Jake was a Director with Resources Global Professionals (founded by Deloitte), and also formerly with KPMG Consulting (later known as BearingPoint) and Arthur Andersen Business Consulting.
Download this white paper for more details on spend visibility in private equity.