Remove Business strategy Remove Purchasing Remove Real-time Visibility Remove Spend management
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Budgeting Process: Steps and Best Practices for Planning a Budget

Planergy

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities.

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The Role of IT in Spend Analysis: A Closer Look

Empowering CPO

IT’s role in Spend Analysis involves using advanced tools and technologies to gather, cleanse, classify, and analyze spend data more efficiently and accurately. It’s about automating tedious tasks, enhancing data visibility, and providing more profound, actionable insights.

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10 Types of Innovation: What Is It, Examples, and How To Use It

Planergy

FedEx’s innovation here was to build a network of distribution hubs and to ensure every package was scanned at each point in the journey so that its real-time location was always known. And by making its tracking information available to customers, it gave them visibility and control over their shipments for the first time.

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Procurement Technology: 6 Solutions You Should Know In 2024

Pipefy

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization. That’s where procurement, sourcing, and purchasing technology comes in.

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7 Best Procurement Tools to Streamline Your Business Processes

Pipefy

In fact, 98% have plans for investments or upgrades in analytics and insights tools, automation, and AI-driven optimization of purchasing decisions. Pure platforms only handle procurement processes and are primarily used by large companies with a dedicated purchasing team that manages complex processes.

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Product Overview: How to Repair A Broken Procure-to-Pay Processes With Pipefy

Pipefy

For all industries and companies of all sizes, purchasing plays a critical role in helping teams operate effectively. This process is fundamental for increasing efficiency, saving money, and mitigating risks — and the impact of a broken purchase process is too costly to ignore.

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Transforming Procurement with Spend Analysis Technology

Empowering CPO

The industrial revolution in the 18th and 19th centuries marked a significant turning point, as businesses started to realize the strategic importance of procurement. Secondly, data analytics has empowered businesses to make data-driven procurement decisions. The advent of the digital age brought about another transformative change.