ivalua

FEBRUARY 10, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Ivalua’s Contract Management module allows you to easily track milestones and consumption in real time across multiple agreements.

Price 264

Price Strategy Sourcing Real-time Visibility 264

ProcurePort

AUGUST 17, 2022

Procurement teams spend time managing contracts, handling invoicing, and conducting matching processes. The post Simple Invoice Software appeared first on ProcurePort Blog. • Procurement is a complex undertaking that demands time and effort. Automation provides an easy way to handle invoices. Thus, […].

Procurement team 130

Procurement team Contract Demand Procurement 130

Procurement Tactics

JULY 20, 2023

However, with the advancement of technology, businesses now have access to software that simplifies and automate the entire order management process. However, with the advancement of technology, businesses now have access to software that simplifies and automate the entire order management process.

supply chain software solutions 134

supply chain software solutions Suppliers Management Real-time Visibility 134

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

World of Procurement blog

APRIL 23, 2024

This blog explores the types of technologies revolutionizing procurement, their benefits, and the return on investment (ROI) they deliver. Supply Chain Management (SCM) Software SCM software offers a comprehensive view of the supply chain, enabling companies to manage logistics, production, and distribution more effectively.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 52

World of Procurement blog

APRIL 23, 2024

This blog explores the types of technologies revolutionizing procurement, their benefits, and the return on investment (ROI) they deliver. Supply Chain Management (SCM) Software SCM software offers a comprehensive view of the supply chain, enabling companies to manage logistics, production, and distribution more effectively.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 52

ProcurePort

MAY 20, 2020

ProcurePort announces the launch of SpendPilot ™, a fully automated Spend Analysis Software that allows large organizations to cleanse, categorize and run analytics on their organizational spend. Accurate and comprehensive spend data is crucial in improving spend management.

Data 130

Data Spend management Procurement Management 130

Procurement Tactics

JUNE 28, 2023

By the end of this article, you will have an idea of the importance of procurement tracking in your business and which procurement tracking software you would want to utilize. Procurement Tracking is the process of monitoring and managing procurement activities. What is Procurement Tracking?

Supply Chain Efficiency 178

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

Procurement Tactics

JULY 2, 2023

When it comes to procurement, a job order is created to initiate and manage the procurement process. Managers and businesses may be able to monitor their expenditures in comparison with the approved and allocated budget by indicating expected costs and financial parameters in a job order. A clear budget 4.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

World of Procurement blog

APRIL 23, 2024

Understanding Procurement Technology Procurement technology refers to the software and systems that automate and streamline procurement processes for businesses, covering everything from sourcing materials and services to managing contracts and analyzing spending. Software like Concord and Agiloft comes to mind.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Purchase orders 52

ProcurePort

JULY 30, 2019

With the advent of cloud-hosted and software-as-a-service (SaaS), high-tech e-Procurement solutions are more accessible than ever. Though every procurement team’s priority is managing spend, not every business unit has the advantage of data-rich and transparent spend analysis software to make it easy.

Procurement solutions 100

Procurement solutions Procurement Data Management 100

ProcurePort

JULY 19, 2019

Managing spend has never been easy. In the days of paper-based procurement, tracking and evaluating spend was a labor-intensive process. Despite the antiquated ways of the past, Digitalist Magazine reports procurement executives are overly hesitant when it comes to embracing new technologies such as spend management software.

Spend management 100

Spend management Management Procurement 100

ProcurePort

NOVEMBER 6, 2019

Spend Analysis and Spend management play a critical part in the procurement process. When you begin the conversation about the return on investment (ROI) of these softwares, things can quickly become complicated. The post The ROI of Big Data in Spend Analysis appeared first on ProcurePort Blog.

Data 100

Data Spend management Procurement Management 100

IBM Supply Chain Blog

OCTOBER 24, 2023

Organizations need simplified, integrated and automated solutions to help optimize IT spend, improve operations and drive greater financial returns. IBM Consulting is uniquely positioned to provide exceptional FinOps and TBM services, from strategic planning to operating model implementation and managed services.

Collaboration 84

Collaboration e2e Budget Leadership 84

IBM Supply Chain Blog

DECEMBER 1, 2023

The fast-paced business world we live in today requires smart tools to manage a business’s operations and everyday needs. Enterprise resource planning (ERP) is a business management software built to do just that. Some ERP software providers may also provide industry-specific ERP solutions or modules.

supply chain software solutions 95

supply chain software solutions Supply Chain Optimization Data Management 95

IBM Supply Chain Blog

MARCH 27, 2024

One of the more common Scope 3 calculation methodologies that organizations use is the spend-based method, which can be time-consuming and resource intensive to implement. Within USEEIO, goods and services are categorized into 66 spend categories, referred to as commodity classes, based on their common environmental characteristics.

Supply Chain Efficiency 81

Supply Chain Efficiency supply chain software solutions Purchase orders Data 81

The Good Spending

JANUARY 13, 2024

Recently, we wrote about the information asymmetry in SaaS negotiations : buyers tend to limit their spending on SaaS due to the need for more knowledge of its fair market price. However, this blog isn't meant to hail perpetual licenses - it's all about IT procurement. 5 Possible Answers to the Problem Software Asset Management (SAM).

Contract management 59

Contract management Negotiation Contract Demand 59

World of Procurement blog

APRIL 23, 2024

Procurement analytics takes advantage of this data, providing insights into various aspects of the procurement function such as spend analysis, supplier performance, contract compliance, and forecasting. Risk Management: Analyze supplier risk by evaluating financial stability, geopolitical factors, and industry trends.

Procurement 52

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

World of Procurement blog

APRIL 23, 2024

Procurement analytics takes advantage of this data, providing insights into various aspects of the procurement function such as spend analysis, supplier performance, contract compliance, and forecasting. Risk Management: Analyze supplier risk by evaluating financial stability, geopolitical factors, and industry trends.

Procurement 52

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

IBM Supply Chain Blog

MAY 9, 2023

Our partners are making a difference In my last blog , I talked about how far we’ve come with our partner program and our efforts to meet clients where they are. It led to considerable cost savings and freed their engineers to focus on what they do best – developing secure software for clients. 

Vendor relationships 101

Vendor relationships Strategy Budget Quality 101

Arkestro

MARCH 27, 2024

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 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

Arkestro

SEPTEMBER 29, 2023

In this blog, we’ll explore how autonomous procurement is reshaping procurement execution, freeing organizations to spend less time on routine tasks — and more time on high-value activities that further overall business goals. Data-Driven Insights Advanced procurement software generates actionable insights from data analytics.

Supply Chain Efficiency 52

Supply Chain Efficiency Innovation Procurement Supply Chain Optimization 52

Supply Chain Game Changer

SEPTEMBER 22, 2022

Fortunately, there are plenty of software Solutions out there to help streamline things and make it easier across the board. Using an automated system for procurement and procurement management is critical to succeeding in today’s business world. Spend Visibility. Real-time Spend Tracking.

supply chain budgeting 101

supply chain budgeting Real-time Visibility supply chain software solutions Procurement 101

IBM Supply Chain Blog

DECEMBER 13, 2023

By assessing and proactively managing risks inherent in the supply chain , organizations can shield themselves from disruptions and strengthen the resilience of their operations. When implemented with clear objectives, the procurement strategy will provide a roadmap for procurement managers to follow.

Procurement strategies 73

Procurement strategies Strategy Procurement Supply Chain Efficiency 73

IBM Supply Chain Blog

AUGUST 16, 2023

Gartner predicted that cloud spending would reach nearly $600 billion by the end of 2023. However, organizations have considered slowing cloud spend because of recent economic headwinds. Like other IT expenditures, cloud costs can skyrocket and threaten ROI without the right cloud management solutions.

Real-time Visibility 69

Real-time Visibility Budget Cost optimization Demand 69

HICX

MAY 1, 2024

With the increasing complexity of supply chains and the supplier landscape, and the need for efficiency and risk management, optimizing the supplier onboarding process has become more important than ever. For a median company with $5 billion in annual spending, supplier onboarding costs over $1 million per year in labor alone.

Suppliers 52

Suppliers Supply Chain Efficiency Risk management Supply Chain Optimization 52

IBM Supply Chain Blog

DECEMBER 8, 2023

With over 20,000 Common Vulnerabilities and Exposures (CVEs) being published each year 1 , the challenge of finding and fixing software with known vulnerabilities continues to stretch vulnerability management teams thin.

Real-time Visibility 76

Real-time Visibility Risk Management Budget 76

Arkestro

FEBRUARY 20, 2024

Resources / Blog / From Reactive to Proactive: How Predictive Procurement Reshapes the Industry From Reactive to Proactive: How Predictive Procurement Reshapes the Industry The procurement workload is expected to increase by 10.6% Risk management: Procurement insights should be used to create contingency plans that manage supply chain risks.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Procurement Supply Chain Efficiency 52

IBM Supply Chain Blog

NOVEMBER 10, 2023

A recent survey 1 found that cloud over-spending was higher in 2022 than in the previous year: 56% of companies surveyed admitted that spending on public cloud was significantly over budget, some by over 20% to 30% of their intended spend. Or they may recommend a larger instance when dealing with performance issues.

Demand 75

Demand Cost optimization Purchasing Budget 75

Arkestro

JANUARY 23, 2024

Resources / Blog / What does a Procurement Manager do? Job Description, Skills, and Qualifications What does a Procurement Manager do? Procurement managers play a key role in this rapid growth, helping organizations optimize costs, negotiate favorable terms with suppliers, and ensure financial efficiency.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

Planergy

AUGUST 18, 2023

Clients and results More Customers We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. How better management in AP can give you better flexibility for cash flow management. What Is Office Management?

Management 52

Management Budget Collaboration Spend management 52

Planergy

AUGUST 18, 2023

Clients and results More Customers We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. How better management in AP can give you better flexibility for cash flow management. What Is Office Management?

Management 52

Management Budget Collaboration Spend management 52

Procurement Software

JANUARY 16, 2023

One of things I frequently get asked is why we don’t have software reviews as part of our Software Finder section. This short post explains why we don’t ask for, or publish, user reviews of the different procurement software we feature on the site. Reviews of procurement software solutions are pointless.

Procurement 59

Procurement Buyers Change management Category management 59

IBM Supply Chain Blog

NOVEMBER 15, 2023

These features—along with a broad range of traditional machine learning and AI functions —are now available to independent software vendors (ISVs) and managed service providers (MSPs) as part of IBM’s embeddable software portfolio, supported by the IBM Ecosystem Engineering Build Lab and partner ecosystem.

supply chain software solutions 93

supply chain software solutions Supply Chain Efficiency Supply chain management Supply chain management 93

Planergy

MAY 30, 2023

Clients and results More Customers We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. How to gain visibility and control of your indirect spend. How to gain visibility and control of your indirect spend.

Real-time Visibility 52

Real-time Visibility Management Purchase orders Purchasing 52