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Agile Procurement Finance and Its KPI

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Procurement Finance

Part of the book series: Palgrave Studies in Financial Services Technology ((FST))

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Abstract

In the modern world characterized by change and volatility of the environment, it is essential to approach also procurement finance from an agility point of view. The starting point is the capability to measure the key process indicators, analyze them, develop the procurement finance, and verify the indicators against the objectives of the organization. In order to be successful, it is essential to lean the processes, digitize them, and take a modular approach, both in the system architecture and in the development of new applications. The key process indicators with which to start should be connected with the supply, the control, and the profitability. The glue among all these factors are the data. Their management and reporting is the best way to direct the agility development.

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  1. Rome campus, Temple University, Roma, Roma, Italy

    Bernardo Nicoletti

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Nicoletti, B. (2018). Agile Procurement Finance and Its KPI. In: Procurement Finance. Palgrave Studies in Financial Services Technology. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-02140-5_4

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  • DOI: https://doi.org/10.1007/978-3-030-02140-5_4

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-030-02139-9

  • Online ISBN: 978-3-030-02140-5

  • eBook Packages: Economics and FinanceEconomics and Finance (R0)

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