Bernie Donachie | Source | Managing Director at Protiviti

A synergistic finance-procurement relationship appears aspirational for most organizations, as few are currently living up to this ideal. Although the two functions are not seeing eye-to-eye in terms of procurement’s performance or the value it delivers, it’s demonstrably clear that procurement functions have an opportunity to focus on how they drive value and quantify and communicate their performance across their organizations, which can lead to improved profitability.