There is a clear need for back office transformation.

Both the Finance & Procurement functions are in a prime position to navigate change and orchestrate innovation across the organisation.

This is being fuelled by new technology, methodologies and resources – and underpinned by a great focus on data. Much of the required analytical capability sits with these teams, providing a bird’s eye view of the organisation’s performance.

The challenge, now, is to demonstrate the critical role both these departments play in the digital age and secure their seat at the decision-making table.

Across the globe we’re seeing procurement policy change, forcing the public sector to re-assess, re-design and modernize their procurement practices.

In order to play a greater strategic role, back-office executives need to:

  • Transform the culture to power accelerated improvement, agility and better decision making
  • Partnering with the winder Business to Achieve Financial Sustainability
  • Build stronger streamlined contract and payment processes and capabilities to attain better “value”

Our Corporate & Shared Services Community examines the changing roles and helps leaders to sharpen their insight and secure business partner status as they  drive their organisations towards its long-term goals.

Join the Community to receive peer analysis via whitepapers, reports, knowledge papers, articles, events and webinars.

We surveyed 189 procurement professionals:
53

Said that their organization was “somewhat ready” to realise the latest efficiencies in the procurement function.

Join the community

”It enables us to learn and share innovation, and by doing so we can cut down and avoid duplication of effort. We are able to design new innovative solutions to common problems across the states and territories

Teresa ScottExecutive Director, Australasian Procurement and Construction Council

”If you don’t communicate with your stakeholders - if you don’t communicate to the broader organisation – not just the success, the value the change, the innovation, the change then the organisation won’t notice is and wont apricate it

AJ KarlinerChief Procurement Officer, Department Environment, Land, Water & Planning