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8 Procurement Software Best Practices For 2025

ivalua

In this post, we’ll break down proven strategies to help you streamline processes, improve visibility, and take back control of your procurement stack. Modern procurement automation software helps companies to streamline repetitive tasks, improve cross-team collaboration, and improve visibility across every stage of the buying cycle.

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Procurement Technology: Enterprise Solutions Driving Efficiency and ROI

ivalua

Modern platforms unify the entire Source-to-Pay lifecycle, offering real-time visibility, integrated compliance controls, and advanced analytics across sourcing, contracts, and payments. It forms the foundation of digital procurement, enabling better spend visibility, improved compliance, and faster, more efficient operations.

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What does a 2015 article have to do with Hershey’s 2025 acquisition of LesserEvil for $750

Procurement Insights

Web Resources: [link] [link] [link] ADDED 2025 READING: Past M&A Hershey Case References Amplify Snack Brands (2017, $1.6B): Without integration, Hershey risked over- or under-ordering ingredients (e.g., The lack of end-to-end connectivity delayed efforts to streamline operations across its growing portfolio.

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Strengthening cash flow management and liquidity: A Finance–Procurement alignment approach — Executive Summary

Spend Matters

The series follows the methodology described in our Aligning Finance and Procurement in-depth guide , which offers a practical, structured approach to enhancing cash flow visibility, optimizing payment timing, reducing working capital risk and improving liquidity outcomes through closer collaboration between finance and procurement.

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Navigating the Future of Supply Chains: Insights & Procurement

Jaggaer

Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supply chains to navigate an increasingly complex global landscape. A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority.

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The One Point Analysts Are Missing? Technology Is IRRELEVANT!

Procurement Insights

.” Ask Chat GPT 4 simple questions, and then tell me why maps and quadrants and solution provider logos matter: What were the top 10 procuretech solutions in 1995, 2005, 2015, and 2025? Significance : Their tools helped organizations achieve greater visibility and control over their procurement processes.

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How can integrating more efficient and effective ProcureTech modules within a decentralized architecture framework eliminate non-usage?

Procurement Insights

Unlike end-to-end Source-to-Pay (S2P) platforms (e.g., Evidence: Hansens RAM philosophy (Procurement Insights, 2025) advocates lean tools ($1M-$5M savings) over bloated suites ($10M-$20M), aligning with this efficiency. Evidence: Hansens critique of S2P bloat (2025) supports best-in-class efficiency over generic suites.

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