We Live to Build
We Live to Build
Sean Weisbrot
#132: Why is procurement so important for companies with Anders Lillevik
40 minutes Posted Feb 22, 2023 at 12:36 am.
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GUEST INTRO

Anders Lillevik is the founder and CEO of Focal Point, which helps modern enterprises manage their procurement processes. They recently raised $5.5M in seed funding in August 2022.


WHAT YOU LEARN

What is procurement?

What are some mistakes companies make when setting up procurement processes?

How can you avoid those mistakes?

How do you perform audits if things go wrong?

How do you perform due diligence to make sure the third-party providers are legitimate?

What are SOC2 and ISO Certifications?

How much do these certifications cost to get?

At what point does procurement become something important for a company?

What is a typical sales cycle timeline?

How do you follow through on sales pipelines?

What does best in class for procurement look like right now?


EPISODE LINKS

https://getfocalpoint.com

https://drata.com


WATCH ON YOUTUBE

https://www.youtube.com/watch?v=KWSFGrOaImo



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