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What’s Next for Digital Procurement?

Jaggaer

Our survey of the global procurement community and the subsequent report, Digital Transformation in Procurement: How Close Are We? revealed heightened awareness of digital technologies and their potential to transform the procurement function, but little progress over the past two years. It identified a couple of key challenges.

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Supplier Relationship Management Software — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. Thus, enabling them to make smarter decisions regarding procurement strategies. . First Name. Download Free Whitepaper ?. ?.

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Procurement KPIs: 22 Essential Metrics for Tracking and Visualizing Procurement Performance

Pipefy

Definition of procurement KPIs Key performance indicators (KPIs) are measurements of the efficacy of a business department, process, or strategy. They are essential to measure the costs and reliability of a business strategy, as well as the performance and results. After all, your shortages are their problem, as well.

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Procurement vs. Acquisition: What’s the Real Difference?

Pipefy

While often used interchangeably, procurement and acquisition are two distinct resource strategies that fulfill two different needs with the help of various processes. Build better workflows with the Definitive Guide to Workflow Management Download now What is procurement? Is acquisition part of procurement? In a word, yes!

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A Guide to Cloud Procurement

Pipefy

As businesses complete their digital transformation and move away from complex (and often manual) legacy systems, modern procurement solutions are rapidly replacing traditional methods. Build a more efficient procurement with the Definitive Guide to P2P Optimization Download free guide What is cloud procurement?

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7 Best Procurement Tools to Streamline Your Business Processes

Pipefy

Many organizations have implemented software automation tools that allow them to get more done at a lower cost, but procurement is one area that has lagged behind in this trend. According to Amazon’s 2024 State of Procurement report, 95% of decision makers believe that procurement has room for optimization.

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How Digital Procurement Tools Can Eliminate Busy Work

Procurement Software

Digital procurement tools offer buying teams a once-in-a-generation opportunity. What is digital procurement? Digital procurement is a process where technology is used to streamline the procurement process, both operational and strategic. What is procurement tech? Tech can’t do this on its own of course.