Remove Budget Remove Capacity Remove Efficiency
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Why Agencies Aren’t Efficiently Implementing Backup as a Service

FedTech Magazine

Agencies must prioritize implementing Backup as a Service more efficiently in order to realize the full data storage and access benefits. While many BaaS providers offer to securely back up agencies’ data and apps in the cloud and let them pay for storage, agencies must be mindful of their budgets as well. But that’s still not enough.

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Unveiling the Truth: How Sticking to Fiscal Rules Boosts Investment in Latin America

Inter-American Development Bank

This change in perspective is especially crucial now, as many LAC countries are undergoing fiscal consolidation to balance their budgets and reduce debt levels while facing increasing pressure from their populations to tackle key development challenges. Calibrate escape clauses to accommodate economic shocks.

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Modernizing Public Infrastructure: The Power of Strategic Procurement

The Procurement ClassRoom

In his article “ The Future of Public Infrastructure is Digital “, Bill Gates envisions a world where infrastructure is smarter, more efficient, and digitally integrated. Governments worldwide control vast budgets through procurement, giving them the power to: Drive innovation by demanding advanced solutions from vendors.

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Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

Smart public procurement refers to making optimal decisions to minimize waste and enhance the quality, efficiency and sustainability of public spending when purchasing and contracting goods, works and services. This reduction would not only lead to lower interest expenses but also stimulate GDP growth by fostering a more efficient economy.

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Balancing Efficiency and Effectiveness in Procurement

The Procurement School

Author: Larry Berglund As part of the assessment on the ability of a supply chain department to deliver value effectively , is its ability to do so efficiently. To have an objective assessment on efficiency, there should be a set of KPIs or measurement tools to compare. Efficiency metrics examples 1.The

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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

Understanding these factors and applying them appropriately ensures effective and efficient procurement that aligns with organizational policies and objectives. As procurement professionals, we must strive to embed this understanding in our policies, practices, and capacity-building efforts to ensure continuous improvement in the field

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What is eProcurement?

ivalua

– Spend control through real-time visibility into budget consumption, negotiated prices, preferred suppliers, engagement channels. – Process efficiency with reduced cycle times and considerably decreased errors or fraud opportunities. Now, you need to build your business case to get that budget from Finance.