More than 100 finance directors of companies with an annual turnover over Pounds 160m were quizzed, and results showed FDs feel electronic procurement will be adopted by UK businesses more rapidly than previously anticipated.
The survey showed 97% of FDs believe their company can make efficiencies in their procurement supply chain, while 93% said there was scope to save money by improving the efficiency of internal processes.
Analysts suggest electronic procurement adoption rates will soar over the next couple of years due to the emergence of software solutions that offer fixed price licensing.
New growth opportunities in Aberdeen, North East Scotland, are being invested in by Grant Thornton
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast