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SAP Ariba and the future of the source-to-pay suite: Ecosystems, complexity and a more holistic approach to evaluating procurement technology

Spend Matters

The coming wave is perhaps best illustrated by the vendor that acquired the largest share of the procurement technology market by pioneering the very concept of “spend management” and an S2P suite: SAP with its acquisitions of SAP Ariba, Fieldglass (for contingent labor spend management) and Concur (for “expense management”).

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Collaboration, Procurement with Purpose and the Entente Cordiale…

ivalua

In this disruptive age, businesses must move faster and become more agile, so Procurement must respond, to this or we will become obsolete. And increasingly, that means collaborative working with key suppliers who can support that need to be innovative, flexible and agile.

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Top Competencies of Procurement Professionals

NLPA (Next Level Purchasing Association)

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. Properly identifying and mitigating risks is essential to ensuring success and sustainability.

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SAP Ariba and Coupa Marketplaces: Too little, too late?

Procurement Software

Business spend management suites, including SAP Ariba and Coupa software, offer marketplaces with App-Store like functionality. From the outside, it appears to be a bid by SAP Ariba, Coupa and other legacy Procure-to-Pay and Source-to-Contract suites to maintain their relevance.

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5 Big Ideas for CPOs in Europe to Develop Procurement Strategies for 2023

Zycus Cognitive Procurement

With new legislation being introduced for 2023 in Europe, such as the Supply Chain Due Diligence Act (SCCDA), CPOs and other procurement and sourcing leaders need to devise an agile procurement strategy to ensure compliance. Still, 50-67% of the companies failed to change their risk management standards.

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The 25 Hottest US Procurement Startups

Procurement Software

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. The software was founded by a group of seasoned procurement professionals who have developed a full-suite spend management platform with two overriding principles: time to value and ease of use.

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Körber strengthens strategic and operational procurement with Ivalua and OptiBuy

ivalua

In recent years, Körber’s global supply chain management network has been intergrated increasingly into all relevant processes – from product development to requirements processing – due to its significant contribution to the company’s success.