Plans & Tactics to Recession-Proof the Enterprise

A Survey of Procurement & Finance Professionals

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Suplari surveyed Finance and Procurement professionals about their concerns, preparedness and coping tactics. Business executives, analysts and the general public will find this study helpful to further assess the odds and outlook for an eventual recession.

Finance and Procurement professionals can use the report to plan ahead and prioritize practical approaches about:

Plans to avoid disruption of performance, growth, and profitability

Strategies and levers to quickly reduce cost and risk

Specific tactics in each industry sector to deal with a recession

Categories and budgets that come under greatest scrutiny

Summary of Survey Findings

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News Reports on the Recession

5 Steps CFOs Can Take Right Now to Get Ahead of a Coronavirus Recession

5 Steps CFOs Can Take Right Now to Get Ahead of a Coronavirus Recession

March 18, 2020

As global demand continues to drop for many goods and services, fears of a worldwide slowdown and a “coronavirus recession” loom large over corporate leaders. Chief Financial Officers (CFO’s) are scrambling to do sensitivity analyses to understand their profit outlooks and cash needs. Procurement and sourcing teams can play a significant role in reducing supplier spend and improving cash flow by using spend analysis to leverage data in the ERP, contract management, and procure-to-pay systems

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