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7 Steps To Procurement Management To Optimize Processes Responsible for ~70% of Revenue

The Process Street

Procurement directly impacts an organization’s bottom-line and can be responsible for 70% of revenue. With this in mind, it’s important to get procurement right. The world of procurement has undergone tremendous changes in the past couple of years. What is procurement? Examples of procurement gone wrong.

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Croatia launches corruption investigations against former health minister

JURIST

The investigation revealed that, from mid-2022 to the end of 2023, the suspects—former health minister Beroš , a businessman Saša Pozder and a neurosurgeon Kresimir Rotim —collaborated to influence public procurement, ensuring state hospitals bought overpriced medical devices from a company.

Court 104
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Managing Hard Economic Times As A Small-Firm Lawyer

Above The Law

Law firms, like any other type of business, need to manage economic fluctuations so that they are well-positioned to thrive in any economy. By keeping a few strategies in mind, lawyers who manage smaller law firms can help ensure better outcomes during difficult economic periods.

Lawyers 91
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Lebanon central bank’s former governor arrested over alleged corruption

JURIST

The company deals in the provision of fixed brokerage services to financial institutions as well as asset and wealth management, sales, and trading. Through a press release, Optimum Invest disclosed that they are fully cooperating with Lebanese authorities by procuring the needed documents and providing necessary information.

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10 Zen Ways to Manage Cash Flows with Contract Intelligence

Cash flow management especially can be a top priority for finance, procurement, and other business leaders. When you have instant access to your contract data, making strategic decisions in tough times (and good times) becomes much easier.

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Why The GC-Legal Ops Partnership Is More Critical Than Ever

Above The Law

GCs are balancing an ever-expanding list of priorities managing risk, controlling costs, supporting business objectives, and now, navigating the complexities of AI. 2: Financial & Vendor Management With rising legal costs and increasing budget pressure, Legal Ops can help GCs structure outside counsel relationships to drive better value.

Legal 96
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Is It Time to Steal One of Those Surprising Job Titles?

The Estrin Report

HR Manager, attorney, paralegal, marketing manager, may describe your role but it sure ain’t fun. Great”, said the HR Manager. “We Reading further, the job description finally gave me a clue because certainly the title remained a mystery: “Manages vendor relationships on innovation, research tools/product training programs.

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