{"id":1790,"date":"2025-12-23T08:50:44","date_gmt":"2025-12-23T07:50:44","guid":{"rendered":"https:\/\/eveneum.com\/?post_type=product&p=1790"},"modified":"2026-05-21T14:27:36","modified_gmt":"2026-05-21T12:27:36","slug":"finance-for-procurement","status":"publish","type":"product","link":"https:\/\/eveneum.com\/en\/product\/finance-for-procurement\/","title":{"rendered":"Finance for procurement"},"content":{"rendered":"
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\n Training objectives <\/h2>\n <\/div>\n
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\n \t\t\t Understand the basics of finance necessary for the work of the purchasing department \t\t\t<\/div>\n \t\t\t \t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t
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\n \t\t\t Better evaluation of purchasing decisions in terms of profitability and costs \t\t\t<\/div>\n \t\t\t \t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t
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\n \t\t\t Communicating more efficiently with the finance and controlling department \t\t\t<\/div>\n \t\t\t \t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t
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\n \t\t\t Conscious management of the impact of purchasing on the company's bottom line \t\t\t<\/div>\n \t\t\t \t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t <\/div>\n \n
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\n \t\t\t Understand the basics of finance necessary for the work of the purchasing department \t\t\t<\/div>\n \t\t\t
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\n \t\t\t Better evaluation of purchasing decisions in terms of profitability and costs \t\t\t<\/div>\n \t\t\t
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\n \t\t\t Conscious management of the impact of purchasing on the company's bottom line \t\t\t<\/div>\n \t\t\t
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\n Key benefits of training <\/h2>\n <\/div>\n\n \t\t
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Key financial concepts to make better quality purchasing decisions<\/p>\n <\/div>\n <\/div>\n <\/div>\n

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Ability to anticipate and assess the financial impact of decisions, in the short and long term<\/p>\n <\/div>\n <\/div>\n <\/div>\n

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Understand the impact of purchasing decisions on the company's financial performance, including profitability and cash flow<\/p>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n\n\n\n

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\n Description of training <\/h2>\n
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Training Finance for procurement<\/em> provides participants with the practical knowledge and skills necessary to navigate the financial world in an informed manner. The programme addresses the common problem of \u201eindigestible\u201d financial language. It shows how to understand it, decode it and use it in everyday purchasing decisions so as to have a substantive dialogue with CFOs and other business stakeholders.<\/p>\n

Every purchasing decision, regardless of its scale and where it is made in the organisation, has specific financial consequences. A proper understanding of these is crucial to the achievement of business objectives and the long-term development of the company in line with management's vision. Therefore, those responsible for purchasing and making business decisions, even if they are not financiers, should understand the basic financial mechanisms and their impact on the company's bottom line.<\/p>\n

Participants will learn to use financial terminology with ease, which will significantly improve cooperation with the finance, controlling, sales, logistics and accounting departments. The programme introduces the key concepts, concepts, methods and tools used in financial analysis and business management, with particular emphasis on the purchasing perspective.<\/p>\n

At the end of the workshop, participants will be able to correctly analyse and interpret financial data, assess the effects of decisions taken in the short and long term and better understand the relationship between processes in the organisation and the financial result. An important element of the training is to work with practical examples; participants can submit their own issues and cases \u201efrom the life of the company\u201d to be discussed during the workshop.<\/p>\n <\/div>\n <\/div>\n<\/div>\n\n\n\n

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\n Key Programme Topics <\/h2>\n <\/div>\n
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\n Part 1 <\/div>\n\n
\n Finance in the day-to-day work of purchasing <\/div>\n <\/div>\n
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How purchasing decisions affect a company's bottom line and cash flow, and how to consciously navigate the language of finance used by CFOs<\/p>\n <\/div>\n \n

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\n Part 2 <\/div>\n\n
\n Reading numbers that matter <\/div>\n <\/div>\n
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Practical interpretation of the balance sheet, income statement and cash flow from a purchasing perspective and key financial KPIs used in SRM<\/p>\n <\/div>\n \n

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\n Part 3 <\/div>\n\n
\n Evaluating the profitability of purchasing decisions and projects <\/div>\n <\/div>\n
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How to compare bids and investments using NPV, IRR, WACC and make decisions like Opex vs. Capex or Lease vs. Buy<\/p>\n <\/div>\n \n

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\n Part 4 <\/div>\n\n
\n Purchasing, finance and logistics - a shared perspective <\/div>\n <\/div>\n
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Managing working capital, costs and financial risks and eliminating conflicts at the interface between purchasing, finance and logistics<\/p>\n <\/div>\n \n

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