This Harvard Business Review Analytic Services report, sponsored by Workday, examines how integrating financial planning and procurement improves forecasting, cost control, and resilience. Based on a 2022 survey of 536 executives, it finds only 36% of organizations are highly collaborative across these functions. Leaders using real-time data and shared technology platforms reduce overspending, improve agility, and outperform laggards—especially in volatile, disrupted supply chains.

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