Fraxion

JANUARY 30, 2023

As facilitators of proactive spend management, we understand that giving authorized approvers the ability to access real-time budgets empowers informed decision-making and drives accountability. What are the benefits?

Budget 52

Budget Real-time Visibility Spend management Purchasing 52

Planergy

SEPTEMBER 6, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. For the greatest chance of success, senior leadership should be involved in setting goals and determining success metrics that are aligned to budgets. What is Strategic Budgeting?

Budget 52

Budget Real-time Visibility Innovation Data 52

Planergy

OCTOBER 25, 2022

7 Tips For Managing Project Budgets Successfully. Budget Management Procurement Project Management. Start with a Realistic Project Budget. Review Your Budget Regularly. Managing a project budget is no small feat. Here are seven tips for managing project budgets successfully.

Budget 52

Budget Management Project management Import 52

Barkers Procurement

MAY 25, 2023

Discover the key strategies and best practices for effective tail spend management. What is Tail Spend Management? Tail Spend is often regarded as the problem child of an organisation’s spend profile. We recognise that one size does not fit all and this is certainly relevant in Tail Spend management.

Spend management 52

Spend management Import Management Eprocurement 52

Procurify

JULY 21, 2022

Why companies should invest in spend management during a recession. Extending runway, aggressively monitoring costs, and locking down spend are the easiest and quickest ways for organizations to adjust to unexpected downturns. These actions fall into an emerging framework known as spend management.

Spend management 52

Spend management Management Budget Purchase orders 52

Supply Chain Brain

APRIL 11, 2023

Proper visibility and digitization of the back office can prevent budget cutbacks and layoffs.

Spend management 52

Spend management Budget Management 52

Procurement Software

MARCH 11, 2022

Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. The best opportunities now lie in tail spend management. This is usually areas of indirect spend which have previously been relatively unexplored. What is tail spend?

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Procurement Software

MARCH 11, 2022

Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. The best opportunities now lie in tail spend management. This is usually areas of indirect spend which have previously been relatively unexplored. What is tail spend?

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Supply Chain Brain

AUGUST 14, 2019

For private colleges and universities, spend-management offerings can prove to be a valuable asset in the struggle to manage tight budgets.

Spend management 45

Spend management Management Budget 45

ivalua

APRIL 20, 2023

Ivalua, a global leader in spend management , and its partner Axys Consultants today announced that Hutchinson has selected Ivalua’s eProcurement software to expand the scope of its currently implemented solution and meet its evolving procurement requirements. Redwood City, CA, 20 April 2023.

Eprocurement 130

Eprocurement Procurement Supplier relationship management Spend management 130

Spend Matters

NOVEMBER 29, 2022

Categories: Market Intelligence , Procurement Financials , Procurement Strategy & Planning , Services and Indirect Spend , Spend Analysis , Spend Management Tags: EU Rapid and extreme changes currently define the world surrounding procurement. But that’s not always the right move. Read more. ).

Budget 84

Budget Spend management Procurement strategies Data 84

Una

JANUARY 9, 2023

When effectively managing tail spend, companies report saving 10 percent or more, which can be a significant addition to the organization’s bottom line. Five steps to setting up a tail spend management process. Have your procurement team collaborate on what categories can be added to tail spend management.

Management 97

Management Spend management Purchasing Procurement team 97

Procurement Tactics

JULY 2, 2023

Budget Control When it comes to maintaining budgetary control throughout the entire procurement process, job orders are crucial. 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.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

NLPA (Next Level Purchasing Association)

JULY 20, 2023

The Impact on Procurement & Purchasing Teams Managing spend has a direct impact on the success of Procurement & Purchasing Teams. Resource Allocation: By strategically managing spend, teams can allocate resources in a way that aligns with the organization’s objectives and priorities.

Management 40

Management supply chain software solutions supply chain budgeting Spend management 40

Procurement Tactics

JANUARY 8, 2023

Spend analysis enables businesses to assess procurement spending data from internal and external data sources. The Closed Loop Spend Management. You may ask yourself, why is closed loop spend management being brought up? Allocate budgets that reflect potential social and environmental impacts and levers.

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

ivalua

MARCH 11, 2021

Redwood City, CA March 11, 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that the Virginia Department of General Services (DGS) has awarded a contract to CGI, which is using the Ivalua platform as the technology to support the transformation of the Commonwealth’s eVA program.

Eprocurement 130

Eprocurement Procurement Spend management Purchasing 130

ivalua

JULY 11, 2022

New release features AI-powered contract management, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . Redwood City, CA – 11 July, 2022 – Ivalua , a global leader in Cloud Spend Management solutions , announced the general availability of its new platform release 174.

Supply chain resilience 130

Supply chain resilience Collaboration Supply Chain Efficiency supply chain budgeting 130

ivalua

MARCH 17, 2021

Office of Management and Budget (OMB) estimates federal grants to states and local governments in FY2019 totaled nearly three quarters of a trillion dollars. To put that in perspective, the US GDP that year was just over $21 trillion and federal spend was $4.4 trillion, making grants roughly 17% of the total federal budget. .

Supply Chain Efficiency 130

Supply Chain Efficiency Management supply chain budgeting Budget 130

Fraxion

JANUARY 26, 2023

Does your current procurement process consist of files of paper-based purchase requests or numerous email threads requesting approvals, often delayed by managers who are out-of-office or non-responsive? Are you manually tracking spending against budgets across multiple spreadsheets after-the-fact?

Eprocurement 40

Eprocurement Budget Spend management Purchasing 40

Planergy

SEPTEMBER 8, 2023

Discretionary spending is what you choose to spend – it’s not required to keep things running – but is nice to be able to do. Budgeting isn’t optional if you want to make the most of your money. Reducing non-essential spending can help your business weather the storm and emerge stronger when conditions improve.

Budget 52

Budget Spend management Management Purchasing 52

ivalua

SEPTEMBER 28, 2020

The Purchase Order has been touted as the only way to manage ‘maverick’ spend (stopping off budget expenditure), but it’s also a way to automate invoice processing. Is there a budget and contract (the purchase order is a contract) for these items? Is the tax and budget allocation information correct?

supply chain budgeting 237

supply chain budgeting Purchase orders Networking Buyers 237

ivalua

APRIL 28, 2023

Ivalua Spend Management Insights [ivory-search] Payment Cards FAQ: More Cash Rewards, Less Effort April 28, 2023 | | Innovation by Steve Carter Unlock your Payment Solution Organizations are rethinking their traditional payment methods as they seek to maximize savings while securely streamlining the invoicing process.

Innovation 130

Innovation Purchasing supply chain budgeting Contract 130

ivalua

OCTOBER 13, 2022

This is despite 62% of respondents saying they have sufficient budget to achieve all or most of their objectives and deliver on their supply chain transparency aspirations. Ivalua is a leading provider of cloud-based Spend Management software. About Ivalua.

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting supply chain software solutions 130

Procurement Software

APRIL 23, 2024

-based company, offers a self-service spend analysis software that revolutionises the way businesses manage and analyse their spending. Ideal for those seeking immediate insights into their procurement processes, Spendata provides a robust yet user-friendly solution that enhances spending visibility and operational efficiency.

supply chain software solutions 52

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

Planergy

AUGUST 18, 2023

What Is Office Management? Office management refers to the administration of key processes related to running an office. It includes overseeing scheduling, planning, organizing, staffing, budgeting, communication, and problem-solving tasks. Download PDF What’s your goal today?

Management 52

Management Budget Collaboration Spend management 52

Planergy

AUGUST 18, 2023

What Is Office Management? Office management refers to the administration of key processes related to running an office. It includes overseeing scheduling, planning, organizing, staffing, budgeting, communication, and problem-solving tasks. Download PDF What’s your goal today?

Management 52

Management Budget Collaboration Spend management 52

Spend Matters

MARCH 26, 2024

This content does not express the views or opinions of Spend Matters. In today’s dynamic business landscape, effective spend management is crucial for maintaining financial controls and achieving sustainable growth. Employees may struggle to perform simple tasks, leading to frustration and reduced adoption rates.

Spend management 89

Spend management Management Real-time Visibility Innovation 89

Procurify

AUGUST 11, 2022

Extreme cost-cutting: Companies that aggressively cut budgets from R&D investments, sales, and marketing budgets, or worse, valuable talent, may end up making the situation worse for themselves. Using effective spend management software can help you keep track of upcoming payments and revise your procurement process.

supply chain budgeting 52

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

Arkestro

MARCH 27, 2024

Budgeting: Identifying the most cost-effective solutions without compromising quality or speed. Finance skills: Cost optimization lies at the heart of procurement, so buyers should have a solid understanding of budgeting, cost analysis, and the financial implications of procurement decisions.

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

Arkestro

JUNE 6, 2023

On the one side, finance is concerned with keeping the company budget in the black. On the other side, procurement is concerned with keeping company operations running smoothly and judicially making the most of budgets. Ultimately, both want the same goal — ensuring business outcomes are positive, timely, and on-budget.

Supply Chain Efficiency 52

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

Procurement Software

MARCH 11, 2022

Every business will have irregular spend, usually in the form of one-time, non-repeatable purchases. These can be difficult to track against budgets because of their unpredictability. Let’s look at why these are bad when it comes to spend management and controlling expenses. POs for Regular Services.

Risk 52

Risk Purchase orders Spend management Purchasing 52

Procurement Software

MARCH 11, 2022

Every business will have irregular spend, usually in the form of one-time, non-repeatable purchases. These can be difficult to track against budgets because of their unpredictability. Let’s look at why these are bad when it comes to spend management and controlling expenses. POs for Regular Services.

Risk 52

Risk Purchase orders Spend management Purchasing 52

Planergy

DECEMBER 25, 2023

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. It is the driving force behind financial decision-making, providing essential insights that guide strategic planning and budgeting. What's Planergy?

Real-time Visibility 52

Real-time Visibility Data Budget Strategic planning 52

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Real-time Visibility 130

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

ivalua

JULY 16, 2020

16th July 2020, London – Research from Ivalua, a leading provider of spend management cloud solutions, has shown that six-in-ten (60%) UK businesses have decreased their investment in sustainability initiatives due to the COVID-19 pandemic.

Sustainability 130

Sustainability Real-time Visibility supply chain budgeting Supply chain 130

ivalua

AUGUST 29, 2019

Purchasing (45%), invoicing (41%) and budget management (39%) are the most digitised processes to date. 67% of respondents say it is limiting their ability to gain insights into spend and supplier management. Two-thirds of businesses still reliant on manual and paper-based processes .

Procurement 164

Procurement supply chain budgeting Procurement team Supply chain 164

Procurement Software

JULY 25, 2023

Setting up the digital team to fail (lack of resources) You’ve got the budget from your CFO. How many more projects could budget holders execute, if only IT systems were in place to facilitate better spend management? Don’t spend your budget on consultants to implement complex software.

Procurement 52

Procurement Budget Data Suppliers 52