Spend Matters

MAY 6, 2025

Reducing the total cost of procurement through supplier negotiations and sourcing strategies. Why alignment matters Strategic alignment between finance and procurement unlocks better financial visibility, stronger risk control and operational efficiency. Enhance liquidity management by optimizing payment terms and supplier agreements.

Supply Chain Optimization 83

Supply Chain Optimization Real-time Visibility Supply Chain Efficiency Procurement 83

Planergy

SEPTEMBER 5, 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. Using financial tools can help save time and resources while improving accuracy in the budgeting process. Why is Business Budgeting Important?

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

Jaggaer

FEBRUARY 5, 2025

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. These begin with enhanced visibility.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

ivalua

JANUARY 13, 2021

– Spend control through real-time visibility into budget consumption, negotiated prices, preferred suppliers, engagement channels. – Process efficiency with reduced cycle times and considerably decreased errors or fraud opportunities. – Results : 30% decrease of process time.

Eprocurement 235

Eprocurement Real-time Visibility Purchase orders Purchasing 235

Spend Matters

APRIL 15, 2025

Thats where AI steps in, offering a proactive approach to predicting supplier lead times and optimizing demand forecasts for buyers. It is not only reducing spending on spare parts and improving inventory management, it is helping manufacturers create digital twins of their machinery to anticipate breakdowns before they happen.

Real-time Visibility 73

Real-time Visibility Procurement e2e Supply Chain Efficiency 73

ivalua

FEBRUARY 25, 2021

For example, a single-stack approach can lead to low user adoption, because the incumbent sourcing solution, for example, fails to meet the needs of various business units. . Best-in-class solutions do a better job of capturing usage data for healthcare products at the time of patient use. Demand planning capabilities.

supply chain budgeting 221

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

Spend Matters

APRIL 30, 2025

The modern procurement leader must manage risk, drive ESG, deliver cost savings and enable innovation often without additional headcount or budget. Procurement teams are spread thin and have to manage everything from basic sourcing to board-level ESG compliance. From there, workflows adapt in real time.

Suppliers 83

Suppliers Management Real-time Visibility Agile and Lean Supply Chain 83

ivalua

NOVEMBER 10, 2020

Innovating to Uncover New Sources of Revenue in the Public Sector. Step 1: Use eProcurement Systems as a Potential Source of Revenue. Thinking of procurement as a new source of revenue is certainly counterintuitive, but it fits the bill of thinking differently. 11 state central procurement offices have other sources of funding.

Sourcing 130

Sourcing Eprocurement Real-time Visibility Contract 130

Spend Matters

FEBRUARY 25, 2025

For example, many reports show that the adoption of e-sourcing by best-in-class companies has stagnated at 60% – 70% since 2007. Time and resources can also be a stopping point. Sourcing alone involves the many and often manual processes for RFxs, like RFIs, RFPs, RFQs, etc. Procurement has many moving parts.

Real-time Visibility 116

Real-time Visibility e2e Procurement Negotiation 116

Spend Matters

FEBRUARY 27, 2025

Spend Matters has been speaking with procurement practitioners and solution providers to get a wide view of how procurement and digital transformation is happening in the real world. And in the real workplace, thats where those decisions come from rather than procurement itself. Her first piece of advice would be: Dont. Not yet anyway!

Procurement 77

Procurement Real-time Visibility Change management Data 77

Planergy

MAY 8, 2025

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. These portals improve real-time visibility into purchase orders, payment timelines, and dispute resolution, directly enhancing vendor satisfaction. [5]

Strategy 52

Strategy Real-time Visibility Procurement Agile and Lean Supply Chain 52

Procurement Software

MARCH 16, 2025

While full-scale digital transformation certainly takes time, organisations can see rapid improvements in efficiency, collaboration, and data accuracy right from the outset. By automating routine tasks, streamlining communication, and centralising information in one single source of truth, you create tangible quick wins.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency Purchase orders 52

Procurement Insights

MAY 21, 2025

QUESTION 1: How does Hansen’s Metaprise Model address the following CPO concerns: Budget Constraints, Process and System Alignment, Technology Gaps, Challenging Market Dynamics, Difficulty Engaging Stakeholders? Continuous Learning: AI agents refine workflows using real-time market data, closing gaps in analytics and automation.

supply chain budgeting 52

supply chain budgeting Real-time Visibility Stakeholder engagement Agile and Lean Supply Chain 52

Jaggaer

MARCH 7, 2025

The UAE, a leader in government digitalization, continues to set new benchmarks by integrating AI-powered procurement solutions that streamline sourcing, supplier management, and contract execution. But what does the future hold for public procurement, and how can technology fine-tune the process to perfection?

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Procurement Supply Chain Optimization 52

Jaggaer

MARCH 24, 2025

With numerous options available across the source-to-pay spectrum, weve compiled the top three key technologies CPOs should embrace in 2025: 1. These procurement technologies empower teams to move beyond traditional methods, using data-driven insights for smarter sourcing, demand forecasting, and risk management.

Procurement 52

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

Procurement Tactics

DECEMBER 6, 2022

However, these manual processes are ineffective and cost a lot of effort, time, and money. Spend management usually includes strategic procurement processes such as category management, supplier management, inventory management, and product development. . Visibility of expense data. What is Spend Management? Eliminate fraud.

Spend management 172

Spend management Management Real-time Visibility Budget 172

Jaggaer

APRIL 9, 2025

While many manufacturers rely on ERP systems for procurement, these platforms are designed for broad business management rather than the intricate demands of sourcing, supplier collaboration, and cost control in a manufacturing environment. This capability minimizes downtime and maximizes resource utilization.

Real-time Visibility 52

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

Procurement Express

DECEMBER 31, 2024

It integrates with cost accounting systems to track spending, ensures smoother workflows for accounts payable and accounts receivable, and provides real-time visibility into purchasing activities. By providing real-time insights, it helps businesses identify unnecessary spending and make informed decisions to optimize budgets.

supply chain software solutions 40

supply chain software solutions Purchase orders Procurement Real-time Visibility 40

Procurement Insights

JANUARY 3, 2025

Here’s a breakdown of the shifts over this period: 2011: Procurement as a Tactical Function Primary Focus on Cost Savings : In 2011, CFOs largely viewed procurement as a cost-control function , tasked with negotiating contracts, reducing spend, and maintaining compliance with budgets.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Procurement 52

Planergy

MARCH 11, 2025

The seamless connection allows for automated invoice scanning, approval workflows, and real-time spend visibility. You can also view the Actual vs. Budget summary that provides information on both actual AP expenses and what was budgeted for that expense. The open P.O. The open P.O.

Real-time Visibility 52

Real-time Visibility Purchase orders Purchasing Export 52

ivalua

SEPTEMBER 2, 2020

The solutions span the full source-to-pay process and enable customers to make margin gains by streamlining procurement tasks, automating cost reconciliation, and managing multi-tier supplier risk. By leveraging the pre-packaged solution customers gain: Complete visibility of the whole supply chain minimising subcontractor risk.

Spend management 26

Spend management Management Agile and Lean Supply Chain Real-time Visibility 26

ivalua

FEBRUARY 27, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which provide procurement with the tools needed to maximize the value they get from their supplier relationships, automate and streamline processes, and identify opportunities for cost savings.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Let's Talk Supply Chain

MARCH 24, 2025

This turbulence is reshaping the landscape of the electronics industry,prompting companies to reevaluate their sourcing strategies‍ and operational resilience. This unpredictability makes it challenging for businesses to effectively budget and plan ‍for the future.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Demand 52

Procurement Tactics

OCTOBER 16, 2022

The system gives the user accuracy, visibility, and control over whether the project can be profitable or not. Visibility of the workflow. Before the creation of ERP systems, the coordination of the involved parties in the project is time-consuming and takes a lot of effort. . CAD interface. Work cycle process. Scheduling.

Real-time Visibility 130

Real-time Visibility Budget Inventory control Data 130

ivalua

NOVEMBER 29, 2021

Lack of control or visibility into what is being spent and with which suppliers. Budgeting challenges as tail spend typically often not planned for . Data comes from multiple sources, such as purchasing/payment systems, purchasing card data, travel and expense systems, and often multiple ERP systems. Who purchased it.

Buyers 130

Buyers Real-time Visibility Purchasing Spend management 130

SCMDOJO

MARCH 24, 2025

A favorable variance indicates that the company is spending less than planned, whereas a positive outcome means the company is spending more than the planned budget. 2) Planning & Budgeting Planning is a crucial part of any business activity. Why is Purchase Price Variance (PPV) Important?

Price 57

Price Purchasing supply chain budgeting Raw materials 57

TYA Suite

JUNE 2, 2025

But purchasing is more than just placing orders, it's a structured process that ensures the right items are bought, from the right sources, at the right price, and at the right time. While emergency purchasing is necessary at times, relying on it frequently can lead to uncontrolled spending and supply risks.

Purchasing 40

Purchasing supply chain budgeting Purchase orders Quantity 40

Planergy

FEBRUARY 24, 2025

While less visible, these procurement areas are crucial for maintaining a functional educational environment. This involves consulting educators, administrators, and department heads to identify specific needs, performance expectations, and budget constraints. Though it makes budgeting a bit more complex , its often worth it.

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

TYA Suite

APRIL 13, 2025

These issues can waste time, increase expenses, and cause frustration for your team. Without a proper system, it becomes harder to track budgets, follow company rules, and manage suppliers. Over time, these small problems add up, making it difficult to grow smoothly. Thats why switching to an can help.

Purchasing 40

Purchasing supply chain budgeting Supply Chain Efficiency Real-time Visibility 40

Planergy

DECEMBER 12, 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. Even using last year’s data to support the current year for your current budget may lead you astray without close monitoring, as factors change over time.

Budget 52

Budget Real-time Visibility Strategic planning Purchasing 52

TYA Suite

MAY 13, 2025

While it may not seem as strategic or high-profile as long-term sourcing deals, operational procurement is essential. It ensures that every team has the right resources at the right time, without delays or extra costs. The procurement team reviews these requests to ensure theyre aligned with the companys budget and strategy.

Procurement 40

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 40

ivalua

NOVEMBER 10, 2020

Innovating to Uncover New Sources of Revenue in the Public Sector. Step 1: Use e Procurement Systems as a Potential Source of Revenue. Thinking of procurement as a new source of revenue is certainly counterintuitive, but it fits the bill of thinking differently. 11 state central procurement offices have other sources of funding.

Procurement 130

Procurement Real-time Visibility Contract Sourcing 130

TYA Suite

JANUARY 27, 2025

The real estate industry, characterized by intricate processes and substantial investments, constantly seeks ways to enhance efficiency, reduce costs, and ensure timely project completion. From sourcing construction materials to hiring contractors, a well-organized is essential for timely project completion and cost control.

Real-time Visibility 40

Real-time Visibility Management Procurement supply chain budgeting 40

Procurement Insights

MAY 22, 2025

The preliminary run uses the RAM 4-Model Assessment tool to access the Procurement Insights proprietary archives and many cross-reference sources using my AI for AI platform. Integrations and Ecosystem 130+ Integrations: Seamlessly connects with major enterprise systems, data brokers, and compliance databases for a unified source of truth.

Supply Chain Efficiency 40

Supply Chain Efficiency supply chain budgeting Stakeholder engagement Agile and Lean Supply Chain 40

TYA Suite

APRIL 13, 2025

It helps organizations plan, track, and manage everything involved in purchasing goods or servicesfrom ordering office chairs to sourcing raw materials. Think of it as a centralized hub that simplifies tasks like supplier negotiations, purchase approvals, budgeting, and delivery tracking. See real-time updates (e.g.,

Management 40

Management Procurement Real-time Visibility Budget 40

Procurement Insights

APRIL 1, 2025

Unlike end-to-end Source-to-Pay (S2P) platforms (e.g., sourcing, supplier management, invoicing). AdaptOne for supplier onboarding, GEP for strategic sourcing) rather than purchasing a comprehensive S2P suite with unused features (e.g., ESG tracking, dynamic discounting). unused tariff tools post-2024).

e2e 52

e2e Real-time Visibility Sourcing Strategic sourcing 52

Planergy

MARCH 18, 2025

Common disruptions such as economic instability, vendor delays, natural disasters, and supply shortages uniquely challenge schools due to tight budgets and rigid schedules. Tools like PLANERGY enhance supply chain resilience by providing real-time tracking, data-driven insights, and streamlined communication with suppliers.

supply chain budgeting 52

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