Why is there a Gap Between Procurement and Finance? (.PDF Download)

Aug. 11, 2021
How stronger bonds between procurement and finance can help reduce supplier risk and cost.

The long-time disconnect between procurement and finance has been well publicized, but along with new, less-siloed business models comes a new appreciation for collaboration between these two important departments. Still, a recent report finds that the gap between finance and procurement creates negative business outcomes. As such, this rift is coming under greater scrutiny as organizations look for ways to “flatten out” their operations, improve collaboration among departments and get all team members working from the same playbook.

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