Procurement and the CFO: An Evolving Strategic Partnership

Today’s finance leaders are redefining their role as regulatory pressure intensifies, resources tighten, and AI accelerates the pace of change. Procurement is emerging as a powerful extension of the CFO’s mandate, offering new ways to drive efficiency, strengthen controls, and unlock organizational value.

In Procurement and the CFO: An Evolving Relationship, CFOs from Biolabs and JAGGAER share how procurement is transforming their organizations. Inside the whitepaper, you’ll learn how:

• Compliance has grown from ~2% to nearly 30% of CFO time, driven by global regulatory pressure.
• Procurement is shifting from a cost-driven function to a competitive asset and revenue enabler.
• AI is boosting productivity and helping teams operate with greater visibility, control, and speed.
• Cross-functional collaboration and data-driven decision-making are reshaping the finance role.