process that controls what they spend

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Feb 12, 2025 by Fabien Pinckaers · across every show →

Everything said about process that controls what they spend, oldest first

Feb 12, 2025
Insight
Expense approval processes cost companies more than direct spending
“I think having a process that controls what they spend would cost more. Because if you have a purchasing department and this guy has to ask the purchase department just to buy a 30 dollar scanner. It will cost you more than 30 dollars. It will waste maybe five…”
Fabien Pinckaers Feb 12, 2025 ▶ 1:03:39 Fabien Pinckaers, CEO @Odoo: The Billionaire Founder Who Doesn’t Care About Money | E1259 · 20VC with Harry Stebbings
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