Building a Strategic Procurement & Finance Alliance to Enable Growth
Using KPIs and Benchmark Data to Reduce Silos in the Back Office
Air Date & Time
Thursday, April 25, 2019 2:00 PM
As organizations look to control spending and drive profitability, creating a strategic alliance between two key back-office departments—-finance and procurement-—is critical. The results of a stronger partnership range from streamlined processes to decreased risk, and most importantly, the ability to respond quickly to opportunities and challenges as they arise.
One way to start building strong ties in your back office is to benchmark your own procurement and finance maturity and efficiency against that of global leaders.
Join Levvel Research, Coupa CFO, Todd Ford, and Aon CPO, Michael Benvenuto, as we take a look at new Business Spend Management benchmarks drawn from $1+ trillion in actual business spend managed by high-performing organizations. We will also provide best practices for creating success metrics within your own back-office and aligning your own procurement and finance teams.
Start Time: 11am PST / 2pm EST
Attendees of This Webinar Will Learn About:
- New data on the state of procurement and finance collaboration
- Procurement and finance efficiency benchmarks of high-performing organizations
- Strategies for reducing departmental silos and creating spend management visibility
Who Should Attend?
- Procurement and Back-Office Finance Professionals
- Finance Directors
Advanced Preparation: None
Delivery Method: Group internet based
Accreditation: Webinar participants can earn 1 CPE credit in Management Services.
Prerequisites: Previous experience in finance or procurement
Cancellation Policy: Levvel Research (formerly PayStream Advisors) may at its discretion cancel or replace a previously announced program with a program of similar content. We will make every effort to provide sufficient notification of such change. For more information regarding complaint and/or program cancellation policies, please email us at email@example.com
Refund Policy: No fee charge
Levvel Research (formerly PayStream Advisors) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
Major Bottoms Jr.
Senior Research Analyst, Levvel
Major Bottoms Jr. is a Research Manager and Senior Research Analyst for Levvel Research based in Charlotte, NC. He plays a key role in the analysis and presentation of data for Levvel’s research reports, webinars, and consulting engagements. Major’s expertise lies in the Procure-to-Pay, Source-to-Settle, and travel and expense management processes and software, as well as technologies and strategies across DevOps, digital payments, design systems, and application development. Prior to joining Levvel, Major held various roles in the mortgage finance field at Bank of America and Wells Fargo. Major graduated with a degree in Finance from the Robert H. Smith School of Business at the University of Maryland.
Chief Financial Officer, Coupa
Todd Ford is the CFO of Coupa, and oversees the company’s financial operations. Prior to Coupa, Todd served as CFO of MobileIron, where he led the company through a successful IPO in 2014, and was responsible for financial planning and analysis, accounting, treasury activities, and investor relations. Todd was a Founding General Partner at Broken Arrow Venture Capital, where he invested in early-stage companies. He also previously served as CFO and President of Rackable Systems Inc. (now Silicon Graphics International Corp) where he led the start-up from $20 million in revenues to more than $350 million in revenues as a publicly traded company. Todd has also held various management and financial positions with several technology companies including Raster Graphics and Cadence Design Systems. He began his career with Arthur Andersen and Ernst & Young. Todd currently sits on the Board of Directors for Performant Financial Corporation. Todd earned a B.S. in Accounting from Santa Clara University.
Chief Procurement Officer, Aon Plc.
Michael Benvenuto is the Chief Procurement Officer (CPO) and head of strategic optimization for Aon Plc. As a senior leader, Benvenuto has more than 18 years of experience driving organizational impact through strategic sourcing, supply chain management, business and information technology offshoring outsourcing, operating model development & delivery and shared service business transformation.
In his current role, Benvenuto is responsible for leading forward-thinking global spend management across 120 countries and $3B in spend. In addition, he also leads the internal business consulting practice which drives the adoption of optimized global delivery functions across business and shared service functions.
Prior to joining Aon in 2008, Benvenuto has held various leadership positions across financial services focused on supply chain strategy, strategic sourcing, offshoring outsourcing. Results over the course of his six years at a large US bank resulted in savings and efficiency gains in excess of $1 billion.
Benvenuto earned his bachelor’s degree in business from Ithaca College. He is a member of ClearEdge Partners Advisory Board.