ivalua

OCTOBER 22, 2020

This month Gartner published its eagerly awaited Magic Quadrant for Procure-to-Pay (P2P) Suites , ranking the top 14 vendors based on ability to execute and completeness of vision. This year’s edition comes at an interesting time, with the Covid-19 pandemic having shifted Procurement priorities and employee working practices.

supply chain software solutions 147

supply chain software solutions Procurement Real-time Visibility supply chain budgeting 147

ivalua

JANUARY 13, 2023

Public Procurement: Building Business Cases and Driving Momentum. For the Government, supplier diversity programs are something procurement professionals in the United States (US) have accepted as a key element to their procurement success. Agile Procurement in Canada. Social Procurement Framework in European Union.

Suppliers 246

Suppliers Strategy Agile and Lean Supply Chain Ethics 246

ivalua

JUNE 26, 2023

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.

Supply Chain Efficiency 244

Supply Chain Efficiency Strategic sourcing Strategic sourcing Procurement 244

Procurement Tactics

JUNE 28, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. What is Procurement Tracking? Procurement Tracking is the process of monitoring and managing procurement activities.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

ivalua

MAY 19, 2022

As part of Ivalua’s journey to bridge the gap between Finance and Procurement, Ivalua has partnered with TransferMate to reduce the financial friction within cross-border trade. This blog will answer these questions plus a few more. What are the benefits of the TransferMate Ivalua partnership to customers?

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Buyers 130

IBM Supply Chain Blog

FEBRUARY 28, 2024

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation. How is sourcing strategy different than procurement strategy?

Sourcing 105

Sourcing Strategy Supply Chain Efficiency e2e 105

World of Procurement blog

APRIL 23, 2024

The procurement to pay (P2P) process, also known as purchase to pay, is an essential component of an organization's financial and operational efficiency. It encompasses all steps from the initial identification of a need for goods or services, through procurement and payment, to the eventual reconciliation of accounts.

Procurement 52

Procurement Purchase orders Needs identification Purchasing 52

World of Procurement blog

APRIL 23, 2024

The procurement to pay (P2P) process, also known as purchase to pay, is an essential component of an organization's financial and operational efficiency. It encompasses all steps from the initial identification of a need for goods or services, through procurement and payment, to the eventual reconciliation of accounts.

Procurement 52

Procurement Purchase orders Needs identification Purchasing 52

The Good Spending

JANUARY 21, 2024

Value-based pricing focuses on the price you believe customers are willing to pay based on the benefits your product or solution offers them. It depends on the strength of the benefits you can prove you offer to customers. My Udemy course "Value-based Procurement." My Udemy course "Procurement Lab."

Price 59

Price Negotiation Strategy Buyers 59

ivalua

OCTOBER 4, 2021

New legislation and regulations that support these imperatives are adding to the urgency for businesses to adopt and execute on corporate social responsibility (CSR) initiatives — but there are barriers to overcome, especially in Procurement. Getting Business Priorities Straight. Fifty-five percent prioritize carbon emission reductions.

Supply Chain Efficiency 130

Supply Chain Efficiency Sustainability supply chain software solutions Suppliers 130

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react.

Agile and Lean Supply Chain 173

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 173

ivalua

SEPTEMBER 13, 2020

A procure-to-pay solution offers a seamless process from point of order to payment. At Ivalua, we’ve seen how a Procure-to-Pay business process ensures sustained benefits through good buying practices, improves visibility and swifter issue resolution, and enables proactive management of suppliers. Case in Point.

e2e 204

e2e Procurement Budget Contract 204

Zycus Cognitive Procurement

JANUARY 16, 2023

Challenges in Streamlining Procurement Process. Beyond the poor experience that a business user (requisitioner) faces, the Category manager or the Buyer in the procurement core team also face multiple challenges like: . Such a broken procurement process also impact the procurement KPIs across multiple fronts like: .

Sourcing 52

Sourcing Real-time Visibility Procurement Buyers 52

ivalua

SEPTEMBER 13, 2020

A procure-to-pay solution offers a seamless process from point of order to payment. At Ivalua, we’ve seen how a Procure-to-Pay business process ensures sustained benefits through good buying practices, improves visibility and swifter issue resolution, and enables proactive management of suppliers. Case in Point.

e2e 147

e2e Procurement Budget Contract 147

Zycus Cognitive Procurement

AUGUST 29, 2022

Procurement in government organizations across Australia has always been a challenge due to the ever-evolving government regulations. Staying within the bounds of these regulations and streamlining the process of procurement is now a key imperative for procurement leaders. Reducing risks! That’s right.

Risk management 52

Risk management Risk Suppliers Management 52

World of Procurement blog

APRIL 23, 2024

In the ever-evolving landscape of business operations, staying ahead in managing procurement processes efficiently is crucial. Enter Procurement Software, a transformative suite of tools designed to streamline purchasing activities and supply chain management. What is Procurement Software?

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency supply chain budgeting Procurement 52

World of Procurement blog

APRIL 23, 2024

In the ever-evolving landscape of business operations, staying ahead in managing procurement processes efficiently is crucial. Enter Procurement Software, a transformative suite of tools designed to streamline purchasing activities and supply chain management. What is Procurement Software?

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency supply chain budgeting Procurement 52

IBM Supply Chain Blog

DECEMBER 13, 2023

The role of procurement extends beyond transactional activities. A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. What is a procurement strategy?

Procurement strategies 73

Procurement strategies Strategy Procurement Supply Chain Efficiency 73

Barkers Procurement

OCTOBER 18, 2023

As a small or medium enterprise, making your resources go as far as possible counts and procurement plays an integral part in this. In this blog we review why robust procurement is so crucial for SMEs. In the longer term, it will be easier to document operations in these aspects of procurement and follow them.

Import 52

Import Supply Chain Efficiency Procurement supply chain budgeting 52

Procurement Leaders

DECEMBER 9, 2022

PL: Could you share a little bit about your procurement team structure, its strengths and the challenges you face at Ferring? This, also, demonstrates the value of procurement beyond savings and has been appreciated over the past two years of Covid and will be valued in this new volatile, uncertain, complex and ambiguous (Vuca) world.

Suppliers 147

Suppliers Bill of materials Raw materials Supplier relationship management 147

Zycus Cognitive Procurement

JULY 25, 2022

CPOs and procurement leaders everywhere are trying to identify ways to be agile to handle future uncertainties. . A significant amount of change has taken place in the procurement function over the past few years. Here are the latest updates on digital procurement in 2022 : .

supply chain budgeting 52

supply chain budgeting Procurement Agile and Lean Supply Chain Management 52

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Procurement 98

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 98

Zycus Cognitive Procurement

MAY 4, 2022

We’ve had such an explosive year so far – from onboarding multiple new customers, to getting first-hand recognition from Forrester & Gartner on enabling procurement transformation for large enterprises using AI, to expanding our global presence and opening our new center in Japan and much more. you won’t want to miss it, trust us.

Supply chain 52

Supply chain Procurement Supply Contract 52

Arkestro

APRIL 25, 2023

Resources / Blog / Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Construction companies face a host of challenges in the post-COVID era.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing supply chain budgeting Real-time Visibility 52

IBM Supply Chain Blog

JUNE 23, 2023

IBM Consulting brings industry expertise to help you understand how to derive value in specific workflows (such as record-to-report, lead-to-cash, procure-to-pay and others) by augmenting these processes with new AI capabilities.

Data 56

Data Innovation Strategy Suppliers 56

Arkestro

JANUARY 23, 2024

Resources / Blog / What does a Procurement Manager do? Job Description, Skills, and Qualifications What does a Procurement Manager do? Job Description, Skills, and Qualifications As firms continue to leverage technology to carry out sourcing and procurement tasks, market demand for procurement is growing.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

Zycus Cognitive Procurement

FEBRUARY 21, 2022

Source to Pay is a complex initiative that can make or break your bottom line, depending on how you approach it. Why automate your procurement process ? Furthermore, it’s important to recognize how source-to-pay automation is within reach for nearly every organization today. Source-to-Pay Digitization Diagnostic.

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Sourcing Real-time Visibility Supply Chain Efficiency Suppliers 40

Let's Talk Supply Chain

JANUARY 11, 2023

Today I’m joined by Nipendo , a forward-thinking software brand that is on a mission to improve how buyers and suppliers work together to combat Source-to-Pay inefficiencies and costs. 12.55] Buyers: their key challenges, how the Nipendo platform works for them, and the benefits it delivers. Check out our other podcasts HERE.

Buyers 52

Buyers Suppliers supply chain budgeting supply chain software solutions 52

Zycus Cognitive Procurement

JANUARY 29, 2021

The “touchless” AP transformation process utilizes a combination of Procure to Pay (P2P) automation and accounts payable best practices. 5) Realizing the benefits. The post The APIA Secret Sauce: Ingredients for a successful AP Transformation appeared first on Zycus Procurement Blog. 3) Applying the secret sauce.

Eprocurement 52

Eprocurement Purchase orders Quality Purchasing 52

Zycus Cognitive Procurement

MARCH 12, 2021

Most blogs on the internet that cover P2P challenges focus on the tactical ones such as invoice processing time, low accuracy, and high cost of processing an invoice, etc. In this blog, we look at four less talked about P2P challenges that hamper the effective adoption and implementation of a P2P solution. These are: 1.

Procurement 40

Procurement Suppliers Cost of ownership Procurement solutions 40

Zycus Cognitive Procurement

MAY 24, 2022

Join us at Procurement Summit 2022. We’ve had such a memorable year so far – from on-boarding multiple new customers, to getting first-hand recognition from Forrester & Gartner on enabling procurement transformation for large enterprises using AI, to expanding our global presence and opening our new center in Japan and much more.

Procurement 40

Procurement Contract Sourcing Risk 40

Bonfire

MARCH 28, 2023

So why do so few pay close attention to procurement, an area bristling with risk? In this blog post, we’ll take a look at the risks inherent in public sector procurement and why finance leaders should care. Ten risks intrinsic to public sector procurement The risks inherent in public sector procurement are wide-ranging.

Procurement 52

Procurement Bidding Risk Import 52

Zycus Cognitive Procurement

MARCH 17, 2022

benefits that AI can offer in their respective scenarios. This is especially true for procurement as it is being looked at as a strategic cornerstone and goal accelerator in the long run. Do you know why Zycus is the best cognitive procurement alternative in the market? Jon Hansen , Procurement Insights. Visit: [link].

Procurement 52

Procurement Eprocurement Leadership Contract 52

Procurement Software

APRIL 25, 2023

This blog post is based on a video interview I gave about digital procurement back in January in Dubai with Dr. Muddassir Ahmed of SCMDOJO. Why procurement technology’s growth is not with enterprise suites Procurement technology is no longer the sole preserve of large enterprises. So what went wrong?

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility supply chain budgeting 52

Barkers Procurement

MARCH 3, 2022

Ethical procurement policies provide clear guidance for sourcing supplies and establishing internal and external relationships essential for daily operations and long-term growth. What is ethical procurement? How does a code of conduct in the procurement process benefit businesses? Do your values fit with ours?

Ethics 52

Ethics Supply Chain Efficiency Procurement Purchasing 52

Zycus Cognitive Procurement

DECEMBER 8, 2021

With an intuitive panel of speakers at “Re-imagining Procure-to-Pay Process for the next decade”, we discovered some major changes that were or rather are still needed across industries to make the procurement function digital-first and get it to add more value to the organization as a whole. Learn More: Procure-to-Pay Solution.

Procurement 40

Procurement Change management Risk Leadership 40

IBM Supply Chain Blog

APRIL 26, 2023

The ability to use the cloud to scale quickly and handle unexpected rapid growth or seasonal shifts in demand has become a major benefit of public cloud services, but it can also become a liability if not managed properly. The post Cloud scalability: Scale-up vs. scale-out appeared first on IBM Blog.

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Demand Networking Budget Management 71