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Unleashing the Power of Procurement Buyers: Delving into this Impactful Role

Arkestro

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.

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Creating Tail Spend ROI Through an Improved Buyer Experience

ivalua

Lack of control or visibility into what is being spent and with which suppliers. Budgeting challenges as tail spend typically often not planned for . Once you have visibility into your tail spend, you can look at patterns. The post Creating Tail Spend ROI Through an Improved Buyer Experience appeared first on Ivalua.

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Streamline Your Procurement Processes with Integrated Source to Pay Platforms and Autonomous Quick Sourcing Technologies

Zycus Cognitive Procurement

You must have found yourself struggling with limited visibility into preferred or contracted suppliers, contract utilization status, budgeting issues, and multiple requirements for sourcing low dollar items or services. It is usually time consuming, require multiple approvals and follow ups. Automated Buyer verification .

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How to Improve Procurement Efficiency

Una

Once the relevant information has been collected, you’ll be able to prioritize how best to direct your resources and time. Instead, they’ll be able to spend more time nurturing the relationships that really matter. Internal buyers consider existing processes to be too tedious and/or confusing.

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A Guide to Automated Invoice Processing

ivalua

A recent study by Forrester found that the single greatest factor in increasing a supplier’s willingness to collaborate with and share innovations with a customer was timeliness of and visibility into payments. It is not uncommon for organizations to spend time on supplier enablement without achieving a huge amount.

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The 25 Hottest US Procurement Startups

Procurement Software

Multi-functional technology enables you to train anywhere at any time, while ever-learning programming allows you to experiment and practice to achieve different outcomes. LavenirAI allows you to train anywhere, any time, so you can stay at the top of your game. It promises to assist with improving buyer and supplier collaboration.

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Futureheads: Harsh Bhatia

Procurement Heads

I am an IT Buyer and procure software and hardware. IT procurement provides a lot more visibility to senior stakeholders within the business. CIPS is valuable because it allows you to apply your theory to the real world. We practised timed negotiation and this also involved multi-variables such as budget, payment terms etc.