ivalua

NOVEMBER 18, 2021

London, UK – 18 th November 2021 – Research from Ivalua , a leading global spend management cloud provider , has revealed that very few European suppliers are being regularly assessed on sustainability practices, with less than a quarter (24%) being measured routinely on carbon emissions. About Ivalua.

Suppliers 100

Suppliers Supply Chain Efficiency Buyers Sustainability 100

Jaggaer

SEPTEMBER 8, 2020

JAGGAER understands the traditional roadblocks to spend management and how important it is to gain insight into operational ineffectiveness in order to improve your sourcing success. A spend analysis allows you to do just that. Here, we’ve outlined the seven steps necessary to conducting a proper spend analysis.

Eprocurement 123

Eprocurement Buyers Purchasing Suppliers 123

Pipefy

JANUARY 30, 2024

Because procurement teams provide critical insights to inform business strategy , identifying opportunities to cut costs is one of the most important ways they do this. Contract and compliance management. It also simplifies how they communicate with buyers, accounts payable, update records, submit invoices, and track payments.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

ivalua

SEPTEMBER 28, 2020

It breaks the bond between Buyer and Supplier, resulting in fragile supply chains and lots of mistrust. No PO, no Pay was born to force suppliers to add PO’s to Invoices by forcing Buyers to create PO’s. So the network providers just haven’t delivered, and only further fractured the link between buyer and supplier. .

supply chain budgeting 237

supply chain budgeting Purchase orders Networking Buyers 237

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. Sourcing Innovations: . About Ivalua.

Supply chain resilience 100

Supply chain resilience Supply Chain Efficiency Supply Chain Optimization Innovation 100

Procurement Tactics

JULY 2, 2023

For today’s article, we will explore everything you need to know about Job Orders, including what it is, their importance, and how to utilize them. Improved Supplier-Buyer Relationships Transparent relations with suppliers are also facilitated by clear and detailed job orders. Why is Job Order important? What is a Job Order?

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Planergy

JANUARY 18, 2024

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. What's Planergy?

Management 52

Management Procurement Supplier relationship management Real-time Visibility 52

ivalua

MARCH 9, 2023

Contract Management: The piece that connects the upstream and the downstream, where value starts being captured. The contracts govern the relationship between the buyer and supplier, an essential process to inform Procure-to-Pay. This rise in importance is due to the potential value that S2P initiatives can deliver.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

ivalua

MAY 18, 2022

When it comes to the nature of buyer-supplier relationships, we’re entering a brave, new world. To top it all off, extremely tight supply markets have further shifted negotiating leverage from buyers to suppliers. Effectively managing suppliers is now one of the most important factors in organizational success.

Suppliers 130

Suppliers Management Supply Chain Efficiency Collaboration 130

ivalua

MARCH 5, 2020

Another major development in terms of the future Procurement role is the increasing importance of the agenda around sustainability and purposeful business, which again has relevance to the collaboration imperative. . Sometimes action can be taken by the buyer that either does not affect the supplier or just requires their agreement.

Collaboration 130

Collaboration Agile and Lean Supply Chain Procurement supply chain budgeting 130

Planergy

OCTOBER 20, 2022

RFX – request for X – can refer to any request a buyer issues a vendor – thereby applying to any of these documents. Buyers can provide information about prices, quality, delivery times, and other important factors when purchasing. Introduction to you as a buyer and your company background.

Buyers 52

Buyers Supply Chain Efficiency Suppliers Price 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. . Both are essential to the success of every business.

Procurement 130

Procurement Procurement team Sourcing Supplier relationship management 130

Pipefy

NOVEMBER 24, 2023

Pure platforms only handle procurement processes and are primarily used by large companies with a dedicated purchasing team that manages complex processes. It’s important to determine which category your business falls into when selecting a procurement solution.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Procurement Software

MAY 16, 2023

Additionally, it can also provide much-needed peace of mind to CFOs, offering benefits such as: Increased compliance Simplification of processes Elimination of maverick spend, which can otherwise negatively impact cash flow Reduction in accounts payable discrepancies However, P2P software may seem out of reach for mid-market companies.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

Procurement Software

OCTOBER 3, 2023

The same can be said for the approach to tail spend management. Realistically, only the top couple of hundred suppliers are going to be actively managed by Category Managers. Get your team to log the number of hours they spend on non-added-value work. By comparison, the UK’s is over 21,000 pages.

Supplier consolidation 59

Supplier consolidation Suppliers Procurement Category management 59

Procurement Software

APRIL 4, 2023

Supplier evaluation and selection Once the suppliers have applied to quote/tender, the buyer must examine the responses and identify a shortlist of potential suppliers. Purchase order As well as negotiating the best price for the goods or services, the buyer must review the terms and conditions.

Procurement 59

Procurement e2e Purchase orders Buyers 59

Claritum

FEBRUARY 4, 2020

In this article we look at what we think are the 5 most important steps towards effective eProcurement. visibilityStep 1 is to get good spend visibility and understand what you are buying and how much you are spending across all your spend categories. the right sourcing tools such as a cloud spend management platform.

Real-time Visibility 41

Real-time Visibility Procurement Supply Chain Efficiency Spend management 41

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

ivalua

SEPTEMBER 10, 2019

A high first-time match rate requires that internal buyers and external suppliers follow your process requirements, so measure how many invoices go straight through the P2P system on the first pass, without delay or manual intervention.

Vendor relationships 140

Vendor relationships Suppliers Negotiation Data 140

Planergy

AUGUST 8, 2023

Two-Stage Tendering Two-stage tendering is a procurement method where the buyer invites tender in two stages. In addition, if there is expected follow-up service involved, it is important to include details about ongoing support requirements you may have. Do you want to get the best price possible? Are you more concerned with quality?

Sourcing 52

Sourcing Suppliers Procurement Bidding 52

Planergy

NOVEMBER 1, 2022

These programs are beneficial for both buyers and suppliers. Benefits for Buyers. PSPs benefit buyers because they can lead to reduced costs, improved quality and service levels, and increased procurement efficiency. In addition, PSPs can help buyer organizations manage risk by consolidating their spending with fewer suppliers.

Contract 52

Contract Suppliers Buyers Price 52

Pipefy

DECEMBER 10, 2022

This is important for situations in which adaptability is needed, such as when a company needs to diversify its vendor base quickly or when working with suppliers that have vastly different legal and compliance requirements. Likewise, delays can cause the buyer to miss out on discounts available for paying invoices early or within terms.

Purchasing 52

Purchasing Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 52

Planergy

JANUARY 19, 2023

In short, the Pareto principle expresses the importance of prioritization when making improvements, while Pareto analysis exemplifies this approach through structured evaluation. From here, you’ll see the items that add up to 80% are the primary cause of your issues, while those that fall between 80 and 100% are not as important.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

Pipefy

OCTOBER 24, 2023

Problem: maverick spend and unmanageable spot requests Recurring emergency purchase requests Poor purchase policy and company alignment Non-compliant purchases repeatedly slip through Solution: centralize, standardize, and automate Pipefy centralizes all communication to give every stakeholder a common, single source of information.

Real-time Visibility 52

Real-time Visibility e2e Procurement Procurement team 52

Jaggaer

OCTOBER 22, 2020

Spend management and procurement will play a key role in enabling banks to achieve their efficiency targets while managing supply chain risks,” he added. The procurement team consists of 40 buyers, around half of them based in the bank’s Casablanca headquarters. It has subsidiaries in Europe and in Egypt.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Procurement Software

MARCH 7, 2023

The key difference is that S2P includes the important stage of strategic sourcing, which is performed before you. Your buyers, financial controllers and cost centre owners can easily track the history of all previous orders from any supplier or against any single cost centre. place orders for any goods and services from a vendor.

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

Claritum

APRIL 25, 2018

However, it is important for companies to manage the process of sourcing promotional goods effectively. In many companies problems can arise when promotional goods are by inexperienced buyers from unapproved suppliers. Our cloud spend management platform streamlines thousands of orders, so we’ve seen what works and what doesn’t.

Sourcing 32

Sourcing Buyers Purchasing Spend management 32

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. This enables teams to make decisions and remain in control.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Claritum

JANUARY 29, 2020

Imagine what information you could have in an ideal world, then prioritise what the most important information is to you. Project Spend. Category Spend. Bespoke Spend. Summary of KPIs – total spend, total orders, average order value. Timelines mapping supplier order volume against spend for a given time period.

Procurement 32

Procurement Data Sourcing Import 32

Claritum

JANUARY 29, 2020

Imagine what information you could have in an ideal world, then prioritise what the most important information is to you. Project Spend. Category Spend. Bespoke Spend. Timelines mapping supplier order volume against spend for a given time period. Pie chart showing spend by buyer.

Procurement 47

Procurement Data Sourcing Import 47

Procurement Software

DECEMBER 5, 2022

The key difference is that S2P includes the important stage of strategic sourcing, which is performed before you. Evaluating non-price factors important to your organisational objectives e.g. quality, lead time, sustainability. Efficient supplier management (H4). More resources to spend on strategic tasks (H4).

Sourcing 52

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 52

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. This can be particularly important during a talent shortage where specific expertise can be hard (and expensive) to find and hire.

Procurement 52

Procurement Supplier relationship management Procurement team Contract 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.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Claritum

MAY 20, 2019

In order to automate processes, it is important to make your processes as consistent and repeatable as possible. However, it is also important to identify areas where you need to retain flexibility. Buyers should be able to track orders more effectively and an automated system should also enable records of orders to be kept.

Procurement 32

Procurement Real-time Visibility Eprocurement Bidding 32

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. The platform is especially suited for SMEs.

Supply Chain Efficiency 59

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

Procurement Software

MARCH 11, 2022

Purity / grade and tolerance are also important for raw materials and purchased parts for production. Vendor master data management. Automated / guided tail spend management systems. Tail spend management platforms. The final piece of the puzzle comes with managing tail spend.

Data 52

Data Raw materials Procurement Suppliers 52

Procurement Software

MARCH 11, 2022

Purity / grade and tolerance are also important for raw materials and purchased parts for production. Vendor master data management. Automated / guided tail spend management systems. Tail spend management platforms. The final piece of the puzzle comes with managing tail spend.

Data 52

Data Raw materials Procurement Suppliers 52