The CFO’s First 90 Days: Your Procurement Blind Spots Are Costing Millions
15-30% of Your Spend Is Unmanaged Right Now
You inherited procurement with your CFO role. What you didn’t inherit? Visibility into where money actually goes.
The reality:
- 56% of purchases bypass formal processes
- 20-30% maverick spend ignores negotiated rates
- 5% contract value leaks after signing
- 15-20% quick wins hiding in your AP data
Your 90-Day Procurement Playbook
Week 1-2: Spend Audit (identify 15-20% quick wins in 3 days)
Week 2-8: “No PO, No Pay” Policy (stop maverick spend)
Week 3-6: Top 20 Vendor Review ($50K-$500K+ savings)
Month 2-3: Contract Renewal Blitz (10-20% better terms)
Month 3-6: Technology & transformation foundation
Why CFOs Win at Procurement Transformation
You have executive authority and speak the language of business impact. Every 1% procurement reduction = 5% operating margin improvement.
Companies with CFO-led procurement sponsorship: 72% success rate vs. 36% without.
Get Your Free Procurement Guide
✓ 5 Quick Wins for Immediate Impact
✓ Procurement Health Assessment
✓ Quick Win ROI Calculator
✓ Board Presentation Framework
The preferred solution for world-class global enterprise
The preferred solution for world-class global enterprise
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