The Procuretech Podcast

MARCH 1, 2022

Kicking off this week with the first of a number of interviews we'll be doing over the next couple of months with contract management platforms. My guest today is Elena Mechik of Berlin-based startup Inhubber, which offers a blockchain-based solution for contract management and tracking.

Contract management 40

Contract management Contract Management supply chain software solutions 40

Spend Matters

MARCH 11, 2024

It provides customers with a platform that connects buyers with qualified suppliers and offers a range of capabilities (in-app and as services) such as category management, demand management, e-sourcing, auctions, supplier management and contract management.

Procurement solutions 100

Procurement solutions Sourcing Procurement Market analysis 100

Spend Matters

JANUARY 22, 2024

Here’s why LexCheck matters: To the market — LexCheck offers automated contract markup/redlining capabilities that improves contract management efficiency. To potential buyers — LexCheck’s use of AI streamlines review processes, and the provider is exploring further generative AI capabilities.

Contract 87

Contract Contract management Buyers Negotiation 87

Spend Matters

APRIL 5, 2023

Categories: Contract Management , Procurement Systems & Architecture , Solution Providers , Source-to-Contract Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Spendflo and its solution for SaaS procurement and management. Read more. )

e2e 78

e2e Management Buyers Contract 78

Spend Matters

JANUARY 16, 2023

Categories: Analytics , Contract Management , Procurement Systems & Architecture Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of the software as a service (SaaS) management solution provider Tropic and its SaaS sourcing and procurement platform.

Procurement solutions 71

Procurement solutions Contract management Procurement Market knowledge 71

Spend Matters

OCTOBER 11, 2023

To potential buyers — Evisort’s CLM solution features advanced AI capabilities for pre-signature contract management, in addition to its original strength of post-signature contract analytics. This content is for members only. Visit the site and log in/register to read.

Contract 88

Contract Management Contract management Buyers 88

Spend Matters

JANUARY 25, 2023

Therefore, they designed oboloo for any end user; its e-sourcing, contract management, supplier management and savings management modules are all easy-to-use. To potential buyers — oboloo’s S2C solution can address a typical customer’s needs without losing its simplicity. A 30-day free trial is also available.

Contract 74

Contract Buyers Contract management Sourcing 74

Spend Matters

JUNE 12, 2023

Categories: Contract Management Tags: PRO This Spend Matters PRO Vendor Analysis updates our coverage of Malbek and its contract lifecycle management solution. In 2021, Spend Matters included Malbek on the Future 5 list, an annual list that highlights the most impressive procurement technology start-ups.

Contract 72

Contract Management Contract management Buyers 72

Spend Matters

AUGUST 29, 2022

Categories: Analytics , Contract Management , Procurement Systems & Architecture , Solution Providers , Technology Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of SimpliContract and its contract lifecycle management solution.

Contract 66

Contract Contract management Buyers Collaboration 66

Procurement Tactics

DECEMBER 20, 2022

According to an investment banking company, Goldman Sachs, automating contract management speeds up sales negotiation cycles by up to 50%. Additionally, it removes inaccurate payments by 75 to 90% and decreases the operating and processing costs related to contact management by up to 30%.

Contract 130

Contract Management e2e Contract management 130

Spend Matters

MARCH 29, 2023

Categories: Contract Management , Procurement Systems & Architecture Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Terzo and its contract analytics solution.

Contract 77

Contract Contract management Buyers Negotiation 77

Una

DECEMBER 20, 2022

To drive more SUM within your organization, you’ll also have to focus on encouraging buyers to choose the right vendors. Buyers are often authorized to make certain low-value purchases or claim expenses (e.g. Buyers are often authorized to make certain low-value purchases or claim expenses (e.g. Proper purchase authorization.

Management 98

Management Buyers Procurement team Contract 98

Spend Matters

JULY 10, 2023

It covers the S2P process, including sourcing, SxM, contract management, AP automation, payments and spend management. It also integrates ESG into its spend and supplier management. Proactis is one such suite vendor. Its main market is Europe and middle market companies.

Market analysis 86

Market analysis e2e Contract management Spend management 86

Spend Matters

JANUARY 18, 2023

Categories: Contract Management , Procurement Strategy & Planning , Procurement Systems & Architecture Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of dSilo’s contract and invoicing analytics solution. dSilo is a new vendor with an emphasis on AI.

Contract 73

Contract Procurement solutions Procurement Contract management 73

The Good Spending

JANUARY 13, 2024

Recently, we wrote about the information asymmetry in SaaS negotiations : buyers tend to limit their spending on SaaS due to the need for more knowledge of its fair market price. SaaS demand management can help procurement identify cost savings opportunities, boost efficiency, and reduce risk. Contract management.

Contract management 59

Contract management Negotiation Contract Demand 59

Spend Matters

MAY 22, 2023

Despite being a young product, it was already doing well in Spend Matters SolutionMap and showcased an impressive amount of supplemental products around its core spend analytics offering, including contract management, task tracking, savings tracking and supplier assessments.

Suppliers 59

Suppliers Management Procurement Contract management 59

Procurement Tactics

JULY 2, 2023

Improved Supplier-Buyer Relationships Transparent relations with suppliers are also facilitated by clear and detailed job orders. They shall ensure that a documented record of the procurement procedure, which can be vital for audits, contract management, and law enforcement purposes, is kept.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Procurement Tactics

JUNE 7, 2023

Supplier collaboration goes beyond traditional buyer-supplier relationships by promoting cooperation, transparency, and innovation throughout the supply chain. Regular collaboration between buyers and suppliers helps align their goals and strategies, making sure that every interaction benefits both parties.

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Una

MAY 7, 2024

By estimating the reasonable cost of a product or service, buyers can challenge suppliers’ pricing proposals and negotiate more effectively to secure fair and competitive prices. Contract Management: Should-cost analysis can be used as a reference point for contract management activities.

Procurement 52

Procurement Price Negotiation Supply Chain Efficiency 52

Procurement Tactics

AUGUST 24, 2022

It is a virtual platform where suppliers and buyers located anywhere in the world can collaborate together. Benefits of Supplier Network for Suppliers and Buyers. Contract management. This reduces contract violation that starts from miscommunication regarding the contract. . Reduction of manual efforts.

Networking 130

Networking Suppliers Buyers supply chain budgeting 130

Spend Matters

JANUARY 31, 2023

Categories: Contract Management , Procurement Strategy & Planning Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of NHD and its solution for contractor and project management. To customers — NHD has over 30 years of industry experience helping with all aspects of contractor management.

Project management 84

Project management Management Contract management Procurement strategies 84

Spend Matters

APRIL 19, 2023

Here's why mdf commerce matters: To the market — mdf commerce offers a set of solutions for the US and Canadian public sector — sourcing, contract management, e-procurement and spend analytics — the efficacy of which is evidenced by the significant number of clients mdf has.

Market analysis 65

Market analysis Sourcing Eprocurement Procurement 65

Procurement Heads

JANUARY 30, 2023

I am an IT Buyer and procure software and hardware. Procurement is more about contract management and negotiating great commercials for your business. The roles were different in nature as one involved closely managing warehouse colleagues whereas IT procurement is more office-based and strategic.

supply chain budgeting 130

supply chain budgeting supply chain software solutions Negotiation Real-time Visibility 130

Procurement Insights

NOVEMBER 23, 2023

The Inspiration For This Post I recently read a post on LinkedIn talking about “the power of trust” between buyer and supplier. Yes, trust between stakeholders is critically important, and yes, technology can fuel communication and collaboration between buyer and supplier to achieve a collective positive outcome.

Suppliers 61

Suppliers Buyers Risk management Supply Chain Optimization 61

Procurement Insights

FEBRUARY 17, 2024

As a result, there will be a continuing need for “low-level” buyers. DANONE IN 2023 In November 2023, I had the opportunity to moderate a panel discussion with Daniele Landi, C&P Sourcing Execution and Contract Management Director, Danone, and Chris Donofrio, Senior Procurement Manager, Spirent Communications Inc.

supply chain software solutions 61

supply chain software solutions Supply Contract management Supply chain 61

Procurement Heads

MARCH 27, 2023

Procurement at Futures involves negotiating and renegotiating contracts for all goods, works and services. We’re responsible for the supplier management and then supporting the business in contract management as well. We’re a point of escalation, for dealing with issues and supporting through the exit of contracts.

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Procurement 246

Skill Dynamics

OCTOBER 19, 2023

Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract. A crucial part of successful procurement strategies is the art and science of negotiation.

Negotiation 52

Negotiation Procurement Procurement strategies Buyers 52

ProcurePort

MAY 19, 2021

Any marketplace is going to be influenced by the dynamic that develops between buyers and suppliers. In procurement, the practice of maintaining vendor relationships is known as supplier management. Supplier management is arguably one of […].

Suppliers 130

Suppliers Vendor relationships Management Influencing 130

Spend Matters

SEPTEMBER 26, 2022

To potential buyers — Contracts and rate structures for freight are complex by nature and represent a massive amount of data to manage. Trax’s solution and service offering focuses on rate/contract management and payment compliance to streamline and foolproof processes, avoid errors and identify savings opportunities.

Spend management 64

Spend management supply chain budgeting Supply Chain Optimization Management 64

Spend Matters

JULY 21, 2022

It currently offers a SxM solution that is rapidly growing to cover other processes (sourcing, contract management, order collaboration, cost optimization). To potential buyers — Procurence has strong direct materials supplier (quality) management. Poland-based Procurence is one such provider.

Market analysis 71

Market analysis Procurement Quality management Supply Chain Optimization 71

Spend Matters

OCTOBER 19, 2023

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. There was still a lack of functionality, particularly in contract management. So we are delighted to introduce you to our Future 5 as we capture their voices. What is dSilo?

e2e 97

e2e Contract Contract management Procurement 97

The Procuretech Podcast

APRIL 5, 2022

We're diving in again to the ever-expanding contract management space this week, looking at a piece of software that straddles the murky waters between procuretech and legaltech. There's a lot of contract management software now on the market and it's becoming an increasingly crowded space. Connect with James on LinkedIn.

Contract 52

Contract Contract management Negotiation Procurement 52

Zycus Cognitive Procurement

FEBRUARY 2, 2021

For example, S2P solutions offer collaborative communication built into the solution itself, enabling real time communication and an audit trail between suppliers, buyers, and internal stakeholders. Contract management and e-procurement are other immediate areas of transformational interest for enterprises.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Contract management Contract 52

Procurement Heads

MARCH 27, 2023

Procurement at Futures involves negotiating and renegotiating contracts for all goods, works and services. We’re responsible for the supplier management and then supporting the business in contract management as well. We’re a point of escalation, for dealing with issues and supporting through the exit of contracts.

Sustainability 130

Sustainability Agile and Lean Supply Chain Influencing Procurement 130

ivalua

MARCH 5, 2020

Sometimes action can be taken by the buyer that either does not affect the supplier or just requires their agreement. Putting a simple clause in your standard contract saying, “no slavery please” does not require anything other than the supplier to say “yes”.

Collaboration 130

Collaboration Agile and Lean Supply Chain Procurement supply chain budgeting 130

SCMDOJO

FEBRUARY 13, 2023

Supplier relationship management: Procurement manages relationships with suppliers to ensure coordination and effective workflow. Contract development: The team develops and establishes contracts with supplier organizations to meet the buyer organization’s requirements and needs.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Supply Chain Efficiency 87

World of Procurement blog

JULY 27, 2021

We’d even go so far to say that the modern procurement pro doesn’t focus that much time on the actual buying, as roles have grown to focus on Supply Chain Management, Contract Management and Relationship Management. This stage is finalised once both parties sign the contract. Go do that now. Email Address.

Procurement 52

Procurement Procurement team supply chain budgeting Contract management 52