Jaggaer

FEBRUARY 14, 2019

S2P solutions provide other opportunities such as risk avoidance in terms of contract management, smarter data analytics and more intuitive supplier management (with the help of AI-enabled capabilities). Check out these top benefits of S2P: Increased Flexibility: Organizations vary in size, budget, and requirements.

Purchasing 49

Purchasing Sourcing Real-time Visibility Budget 49

Spend Matters

JUNE 19, 2023

They also improve access to contract information and drive more effective and timely purchasing decisions through the re-use of information to create contract terms and notifications of when to take critical actions. Click to enlarge Another primary Contract Lifecycle Management use case is the unlocking of financial value.

Contract 88

Contract Management Negotiation Real-time Visibility 88

Empowering CPO

JUNE 26, 2023

In healthcare, where budgets are tight and patient care is the top priority, effective spend analysis holds tremendous value. These compliance obligations impact procurement processes, contract management, and supplier selection, requiring meticulous attention to detail and documentation.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

Procurement Software

APRIL 25, 2023

Indeed, in the current inflationary environment, it’s procurement that has real power to move both the top and bottom line. Therefore, now is the time for all businesses to embrace the benefits of digital procurement software. Whether it’s visibility over your processes, enhancing your data , or contract management software.

supply chain software solutions 52

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

Pipefy

JANUARY 31, 2023

Not only does this process ensure that compliance with purchasing policies is followed, it also allows the purchasing team to control spending, adhere to budgets, tap into existing discounts or credits, and gain oversight into the goods and services being requested and fulfilled. What is the purchase requisition approval process?

Purchasing 52

Purchasing Purchase orders Real-time Visibility e2e 52

Planergy

MARCH 2, 2023

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It’s an important part of any organization’s financial management, as it helps identify wasteful spending and uncover potential savings.

supply chain budgeting 52

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

Procurement Software

JUNE 20, 2023

The contract management software market is hot right now. Organisations seem to have finally realised that they’ve suffered from having a “desk drawer” approach to contracts. Being able to manage your contracts in one place, author them, approve them and sign them is a massive productivity boost.

Contract management 52

Contract management Contract e2e Management 52

The Procuretech Podcast

OCTOBER 3, 2022

FinTech content at the time was a lot more attractive: Punchy articles, simple “How To.” This takes consultation and a lot of time. Which, of course, not everyone has the budget for. And that's just too long, we need to get that time down – possibly on the software development side of things. guides, easy to read lists.

supply chain software solutions 40

supply chain software solutions supply chain budgeting Supply chain Supply 40

Procurement Software

MAY 16, 2023

It may feel like P2P suites are the sole preserve of large enterprises with huge budgets. The software automates workflows and approvals, manages supplier catalogues, and provides real-time analytics for better decision-making. The platform includes P2P modules such as purchasing, vendor management and invoice management.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

IBM Supply Chain Blog

APRIL 4, 2024

Conversely, it has a larger scope than task management, which deals with individual tasks, and project management, which handles one-time initiatives. By establishing standardized workflows and decision rules, BPM streamlines the claims process by reducing processing times and minimizing errors.

Real-time Visibility 58

Real-time Visibility Management e2e Supply Chain Efficiency 58

Empowering CPO

JUNE 16, 2023

Forecasting and Budgeting: By understanding historical spend patterns, organizations can forecast future spending trends and create more accurate budgets. Risk Management: Spend Analysis can identify dependencies on certain suppliers, thereby helping to manage risks associated with supplier performance or market volatility.

Procurement 40

Procurement Data Real-time Visibility Procurement strategies 40

Procurement Templates

JUNE 18, 2023

ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. These indices track the average price changes of a basket of goods and services over time. Budgetary pressures: High inflation can disrupt budget planning and forecasting.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Pipefy

JANUARY 9, 2024

We will dive into common challenges, innovative solutions, and the transformative impacts of these improvements in processes such as: IT incident management and how to streamline IT operations for faster resolution and improved service quality. According to Pipefy’s State of Automation Survey , 59.4% of business and IT leaders in the U.S.

Real-time Visibility 52

Real-time Visibility Contract management Contract Management 52

Arkestro

JANUARY 9, 2024

According to Deloitte, the manufacturing industry was in contraction throughout most of 2023 due to challenges like increased lead times, tight labor markets, and rising costs. Another report found that 50% of respondents are investing in AI to improve employees’ use of time and allow for more high-value work. Cost analysis.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

Pipefy

NOVEMBER 24, 2023

Procurement solutions encompass a wide range of specific functions due to the many aspects of the procurement process, including purchase requests centralization, procure-to-pay, sourcing, budget management, supplier management, and forecasting. What are e-procurement tools? The features of these solutions can vary widely.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Procurement Software

MARCH 5, 2024

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. The platform also offers supply and risk management insights.

Real-time Visibility 52

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

Una

SEPTEMBER 22, 2022

It’s not a matter of if IT spend should be managed, but who should be the one managing such a significant portion of a company’s budget. It’s impossible to have the most current or newest application implemented at all times. IT spending is expected to reach $4.4 Data Driven Decision Making. Look Beyond Cost.

Procurement 98

Procurement Real-time Visibility Contract Purchasing 98

Spend Matters

MARCH 26, 2024

The trials of traditional spend management technologies Traditional spend management technologies often present a myriad of challenges that impede efficiency and productivity. Employees may find themselves spending valuable time trying to decipher how to complete tasks within the system, detracting from their core responsibilities.

Spend management 85

Spend management Management Real-time Visibility Innovation 85

ivalua

FEBRUARY 25, 2021

Sustainable master data management and governance: As much as 55% of projects fail due to data management issues. ERP solutions often lack robust capabilities around managing all of the data attributes for products and vendors, and cannot update them in real time or in an automated fashion. The post ERP vs.

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supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

Procurement Software

JULY 18, 2023

Procoto offers features including: Strategic sourcing Smart databasing Workflow approvals RFP management Data transformation The platform’s tools and analytics aim to level the playing field between small and large companies – giving leverage to SMEs. It gives you full visibility of your spend data, all in one place. eProcurement 6.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Procurement Software

FEBRUARY 20, 2024

Feature highlights include: Easy to use five-category classifications, best in class enterprise taxonomy, the ability to gain insights from trend analysis and organisation behaviours, 100% spend visibility and proprietary machine learning algorithms designed to deliver accuracy. M&A) The solution gives you full spend visibility.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

Procurement Software

JANUARY 23, 2024

Inhubber Inhubber is a contract management and digital signature platform powered by blockchain and AI. Inhubber enables you to create, sign and store contracts securely. It simplifies contracts, making them easy to understand, manage and interact with. This enables teams to make decisions and remain in control.

Procurement 52

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

Empowering CPO

JUNE 25, 2023

This information becomes the foundation for strategic decision-making, enabling businesses to identify cost-saving opportunities, manage supplier relationships, and optimize their procurement processes. They were time-consuming, error-prone, and lacked the sophistication to handle large volumes of data or complex analyses.

Procurement 52

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

Una

JULY 6, 2022

A guide to exploring the benefits of working with a group purchasing organization to save money, time and effort. GPOs also bring balance to the negotiating equation because they already have relationships and contracts in place with vendors and suppliers. Benefits of a Group Purchasing Organization. Savings and beyond.

Purchasing 92

Purchasing Category management Real-time Visibility Supply Chain Efficiency 92

Empowering CPO

JUNE 20, 2023

Process Improvement: Spend Analysis can highlight inefficiencies in the procurement process, such as maverick spend or long purchase order cycle times. Budgeting and Planning: By providing a clear picture of past and present spending patterns, Spend Analysis aids in accurate budget forecasting and financial planning.

Supply chain management 40

Supply chain management Supply chain management supply chain budgeting Supply Chain Efficiency 40

Supply Chain Game Changer

FEBRUARY 5, 2020

There are many reasons why Procurement Transformations fail, however, the below 3 keep coming up time and time again. Too often companies will underestimate the leadership and experience needed to lead and manage a successful Procurement Transformation. Failure To Hire the Right Leader For the Job. Absolutely, 100% YES!

Procurement 70

Procurement Agile and Lean Supply Chain supply chain budgeting Negotiation 70

Supply Chain Game Changer

DECEMBER 13, 2018

There are many reasons why Procurement Transformations fail, however, the below 3 keep coming up time and time again. Too often companies will underestimate the leadership and experience needed to lead and manage a successful Procurement Transformation. Failure To Hire the Right Leader For the Job. Absolutely, 100% YES!

Procurement 59

Procurement Agile and Lean Supply Chain Negotiation Procurement team 59