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

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. How can you make it easier for them to find and spend with your preferred suppliers? 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

Procurement Software

MAY 16, 2023

Onventis Onventis provides a Procure-to-Pay module for buyers that streamlines the procurement process from purchasing to payment. The software automates workflows and approvals, manages supplier catalogues, and provides real-time analytics for better decision-making.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

Procurement Software

JUNE 13, 2023

DeepStream DeepStream Technologies is a rapidly growing source-to-contract software based in London, providing an e-sourcing and contract management platform. Its platform allows for reverse auctions, automated RFP-RFI-RFQ, PR, and P2P processes, contract management, as well as spend analysis.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Pipefy

NOVEMBER 24, 2023

These tools are classified according to the procurement functions they perform, including contract management, informing, ordering, sourcing, and tendering. Spend management tools Spend management pertains to the collection and distribution of purchasing information, often from external parties.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

ivalua

AUGUST 17, 2021

Capturing Value occurs when a contract has been established that governs the responsibilities and obligations of both supplier and buyer, and well as when the organization has the right Procure-to-Pay processes in place to ensure compliance to those agreements, goods, services and prices. . What is Direct Procurement?

Procurement 130

Procurement Procurement team Sourcing Supplier relationship management 130

Procurement Software

MARCH 5, 2024

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. The software was founded by a group of seasoned procurement professionals who have developed a full-suite spend management platform with two overriding principles: time to value and ease of use.

Real-time Visibility 52

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

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

Procurement Software

NOVEMBER 21, 2022

The reason can be found in their high margins and thus, cost and vendor management not being at the forefront of their critical business priorities. Tech companies definitely see the value in data analytics and this pans out to contract management, streamlining processes and detailed spend analysis.

supply chain budgeting 52

supply chain budgeting Chief Procurement Officer supply chain software solutions Supply Chain Optimization 52

Pipefy

MAY 23, 2023

Supplier relationship management Tension is never pleasant, but only those procurement professionals who pinpoint lacking supplier relationships can evaluate and rectify the situation. Document management Digital contract management should be included in any e-procurement tool; it’s that important. Life cycle management.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Procurement Software

JULY 18, 2023

WeProc WeProc is a growing French startup company offering a SaaS eProcurement software with a focus on purchasing and spend management for SMEs. WeProc aims to facilitate the management of Purchase Orders and invoices through a simple and efficient interface. Contract Management 9.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Jaggaer

JUNE 11, 2020

With the current global economic circumstances, it should come as no surprise that businesses across all industries are looking for real time solutions to aid their procurement process by identifying cost reduction and spend management opportunities as a priority. Spend analysis is a piece of the much larger field of spend management.

Real-time Visibility 52

Real-time Visibility Procurement Spend management Supply Chain Efficiency 52

Procurement Software

FEBRUARY 20, 2024

Weproc Weproc is a small French company offering a SaaS eProcurement software with a focus on purchasing and spend management. Weproc aims to facilitate the management of Purchase Orders and invoices through a simple and efficient interface. Its focus is on real time contract management for professional services spend.

Supply Chain Efficiency 59

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

Una

JUNE 15, 2023

The CPO is supported by strategic sourcing managers, category managers, buyers, analysts, contract managers, a compliance officer, an SRM manager, and others as new roles emerge. Inventory management: Outsourcing forecasting and managing inventory levels to meet demand while minimizing costs.

Procurement 52

Procurement Supplier relationship management Procurement team Contract 52

Procurement Software

JULY 4, 2023

RPA will over time take away a lot of the need for operational buyers and purchase admin roles. One of the classic use cases in procurement is its ability to analyse complex spend data and categorise this data into a spend taxonomy. Another use of AI is in the contract management space.

Supply Chain Efficiency 52

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

Zycus Cognitive Procurement

JANUARY 31, 2023

Consolidation of Supply Chain: Through better understanding of one another, buyers and suppliers can work together to mutually benefit from improved efficiency in the supply chain. From realistic KPI’s to regular compliance reviews, effective contracts set clear terms that meet all parties’ needs and ensure transparency in objectives.

Supplier relationship management 40

Supplier relationship management Suppliers Management Supply Chain Efficiency 40

ivalua

MARCH 9, 2023

Upstream covers all the strategic procurement activities such as spend analysis, sourcing, contract management and supplier management (which includes supplier information, risk and performance management). Source-to-Pay is typically broken into two parts – upstream and downstream.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

ivalua

FEBRUARY 24, 2021

Redwood City, CA – Feb 24, 2021 – Ivalua , a global leader in Cloud Spend Management solutions , today announced the general availability of its new platform release 168. The release includes a broad set of innovations to help organizations better manage their spend and suppliers. About Ivalua.

Supply chain resilience 100

Supply chain resilience Supply Chain Efficiency Supply Chain Optimization Innovation 100

Planergy

JULY 21, 2023

You don’t pay for the service if no content needs to be created, so there’s no need to keep a retainer or spend money on unused services, allowing for better control over spend management. Goods have fixed prices, whereas services usually involve negotiation between buyers and sellers to reach a pricing agreement.

Management 52

Management Procurement supply chain budgeting Budget 52