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Report GEP The Case for Budget-to-Pay: A Win-Win for Procurement and Finance

The Case for Budget-to-Pay: A Win-Win for Procurement and Finance

A new approach to help CFOs achieve rapid cost reduction and save cash

It’s a tough time to be a CFO right now. The looming recession — catalyzed by the COVID-19 pandemic — can stifle enterprise growth for the next few quarters and beyond. Which means, CFOs need all the cash they can save internally to sustain and enable growth — and a new, more effective approach to reduce costs: Budget-to-Pay (B2P).

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Report Snap Shot

  • The difference between Budget-to-Pay and Source-to-Pay
  • How B2P can help achieve greater cost reduction and savings
  • The role of procurement in B2P
  • How finance and procurement can collaborate to implement B2P