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Budgeting Is a Collaborative Effort

GovLoop

What’s missing is a way to understand whether a service can be delivered more effectively or efficiently. That’s because most government finance offices have historically relied on spreadsheets, which are great for calculating budgets, but don’t allow for modeling. The software also serves as a platform for collaboration.

Budget 52
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Economy and finance ministries in the face of climate change: 7 advancements in the green fiscal agenda

Inter-American Development Bank

There is no turning back now, the ministries of economy and finance are at the heart of climate action. What are finance ministries doing and discussing to advance green fiscal management? In recent years there has been an enormous increase in the development of these strategies, with around e 40 worldwide.

Finance 52
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New Inventory Visibility and Collaboration Capabilities Enhance Ivalua’s Procure-to-Pay Solution

ivalua

Redwood City, CA, July 13, 2021 – Ivalua, a global leader in Cloud Spend Management solutions, announces an extension of its Procure-to-Pay solution with a new Inventory Collaboration capability. The post New Inventory Visibility and Collaboration Capabilities Enhance Ivalua’s Procure-to-Pay Solution appeared first on Ivalua.

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The major challenges in government payment processes: Survey reveals critical inefficiencies

American City & Country

As six out of 10 government finance teams still rely on manual reconciliation , the survey findings echo this, in which 46.1% As six out of 10 government finance teams still rely on manual reconciliation , the survey findings echo this, in which 46.1% depend on these payments for less than 25% of their revenue.

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New Ivalua Research Finds a Lack of Digitisation and Focus on Costs is Hindering Supplier Collaboration

ivalua

Significant opportunities to improve CSR performance, increase profitability and accelerate innovation linked to improving supplier collaboration. The research, conducted by Forrester Consulting and commissioned by Ivalua, found improving collaboration was a priority for 77% of respondents.

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Governments need to plan for the entire product lifecycle when they purchase technology today

American City & Country

Local governments face issues that range from balancing public safety and individual privacy rights to managing vast amounts of data securely and efficiently. Cross-departmental collaboration and scalable solutions are important to maximizing ROI and adapting to changing citizen demands within budget constraints.”

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Supplier Collaboration and Coordination. Who’s Your Role Model?

ivalua

But one critical area remains in need of significant attention … the need for better supplier collaboration AND internal teamwork. Best-in-class manufacturers have proven that a true culture of collaboration creates earlier involvement, less redesign, joint problem solving, and win-win outcomes for all parties involved.