Cost Management How To

146: How to Bring Trust & Transparency to the Savings Reporting Process w/ Pierre Lapree

Joining me today on the show is Pierre Lapree.  Pierre founded Per Angusta, a procurement project pipeline and performance tracking tool, over four years ago following a career within IT, and then procurement, at staffing firm Adecco.

Today, we talk all about the savings process.  Specifically, what are the actions that we can take to bring trust, transparency and consistency to the savings tracking process. It is widely reported that CFO’s neither trust our reported numbers, nor see the majority of our claimed savings dropping to the bottom line.  So, what can we do to bridge the gap.

Listen in as Pierre and I discuss the best practices that we have observed and implemented throughout our careers – both as practitioners and service providers.

know this is not necessarily what most people think or write in the profession today, but savings are our thing. I mean if you bring savings to your CFO, if we bring savings to a stakeholder so that they can do more with the same budget, they will like it and I’m going even a bit further, a step further. I truly believe that a procurement function that does not help contain or reduce costs, it has no reason to be there.” – Pierre Lapree, Founder Per Angusta

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About the author

Philip Ideson

Philip Ideson is passionate about the role that procurement professionals and leaders can plan in creating competitive advantage for their organizations in ways that go beyond the traditional value proposition.

Philip founded Art of Procurement as a way for the procurement community to learn from each other, increasing the impact they have on their organizations. In 2017, he co-founded Palambridge, a virtual platform of procurement experts, technology, and intelligence. Palambridge provides a broad range of flexible procurement solutions, available on-demand.

Prior to Art of Procurement and Palambridge, Philip enjoyed a career that spanned the procurement value chain, working across three continents for organizations such as Accenture, Procurian, Ally Financial, Pfizer and Ford Motor Company.