Different organizations are facing various and sometimes opposite pressures during this pandemic. If you are in the video conferencing, home delivery, or eLearning space, demand for your products and services is unprecedented. But many other companies are struggling. The vast majority of CEOs and CFOs across the globe right now are looking to do the following:
- Preserve cash
- Control spending
- Manage EBITDA
- Maintain revenues
This focus is paramount to meet operational expenditures and financial obligations that continue despite the pace at which business growth and revenue is slowing. We also know JAGGAER can help executives achieve these objectives with tools such as:
- Spend Analytics – To help identify where you can preserve cash
- Sourcing – To help reduce spend
- eProcurement – To help control spend
- Supplier Management – To help manage both Direct & Indirect supplier risk
While many would like to take advantage of these programs right now, we recognize that many organizations are also short of cash. If this includes your organization, please let us know. We are working with each of our customers on a case-by-case basis to help them through the next few months.
We are proud to be our customers’ source-to-pay solution of choice. We realize that you and your organization have likely taken similar actions for alternative work scenarios and business continuity. We will continue to monitor the situation and take the necessary steps to ensure the safety of our employees and their families, while providing quality service to our customers.
We are also working closely with public authorities and healthcare providers to ensure strong supply chains for medical, food and retail supplies.