article thumbnail

11 Best eSourcing Software for Mid-Market Companies

Procurement Software

There doesn’t seem to be a month go by without a new solution coming onto the market offering eSourcing software as part of their offering. Knowing which solution is suited to your business and level of procurement maturity is a minefield. Which eSourcing solutions are best suited to mid-market businesses?

article thumbnail

The 25 Hottest European Procurement Startups

Procurement Software

European procurement software startups are growing fast, and we’re constantly seeing new ones landing onto the scene. If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Procuretech in Europe is buzzing right now.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Procurement Glossary

Pipefy

Bid award Also known as a contract award, this is the final phase of the bidding process, in which the buyer chooses a winning bidder and enters into a contract with their organization. Contract A legally binding agreement between a buyer and a seller. Examples range from training services to software to raw construction materials.

article thumbnail

Uncertain Times Call for Strong Leaders: A Q&A with Dawn Tiura

ivalua

Business today isn’t business as usual, as the COVID-19 pandemic impacts organizations and supply chains across the globe. Procurement teams were just buyers who delivered what other departments told them to buy. And in uncertain times such as these, leaders in every industry and business function must step up.

article thumbnail

Procurement KPIs: 22 Essential Metrics for Tracking and Visualizing Procurement Performance

Pipefy

Supplier KPIs Suppliers, by definition, comprise a crucial link in your supply chain. Buyers that don’t use enough suppliers make themselves vulnerable to dependency on one for certain goods or services. Lead time If you’re looking for one metric that gauges the overall efficiency of your supply chain, track the lead time KPI.

article thumbnail

What’s Next for Digital Procurement?

Jaggaer

This does not necessarily mean “hands-on” knowledge of software development, as the software applications are now available in secure multi-tenant cloud-based solutions. Our survey shows that most procurement teams are there already with many applications: SRM, eSourcing, and eProcurement are in place.

article thumbnail

Technologies that Impact Procurement

Claritum

Supply chain alternative routing or sourcing. Trusted Supply chain. End to end transparency of supply. Collaborative Software Tools. Supply chain. Supply chain. Supply chain modelling . Data analytics to highlight specific issues or opportunities. Audit Trails.