Spend Matters

OCTOBER 24, 2023

Here’s how Onventis describes itself: “We are pioneers in cloud-based solutions, transforming purchasing and finance processes since 2000. Our flagship product, Onventis Buyer cloud software, stands as a comprehensive procurement system designed to empower organizations across all aspects of procurement.

Procurement solutions 89

Procurement solutions Supply Chain Efficiency Procurement supply chain software solutions 89

Spend Matters

APRIL 22, 2024

This Spend Matters Vendor Analysis provides an overview of Penny and its P2P solution. Penny is a cloud-based procurement solution that covers the procurement journey from purchase requisition to sourcing to payments. To potential buyers — Penny enjoys fast user adoption due to its user-friendly procurement experience.

Procurement strategies 87

Procurement strategies Purchasing Procurement solutions Buyers 87

Procurement Tactics

JANUARY 5, 2023

A PunchOut catalog is an integrated e-procurement system that allows suppliers to promote goods and services to buyers through the supplier’s own procurement application or hosted e-procurement system. . The PunchOut catalog improves productivity by making it simple for buyers to purchase what they need.

Buyers 179

Buyers Purchasing Suppliers Procurement 179

Spend Matters

JANUARY 16, 2023

Here’s why Tropic matters: To the market — Tropic offers software sourcing as an all-in-one solution that also combines contract management and spend optimization, making it stand out from point solutions that focus on only one of these areas. Read more. )

Procurement solutions 71

Procurement solutions Contract management Procurement Market knowledge 71

Spend Matters

JANUARY 18, 2023

To potential buyers — dSilo is forming a largely unexplored space, one which utilizes spend analytics solutions to trawl through contracts and/or invoices. Here’s why dSilo matters: To the market — dSilo helps companies derive value from their existing data (such as contracts and invoices) through its pre-trained AI models.

Contract 73

Contract Procurement solutions Procurement Contract management 73

Spend Matters

SEPTEMBER 7, 2022

Here’s why Requis matters: To the market — Requis is focused on sourcing for CAPEX-intensive projects, an area that requires specific capabilities to buy and sell which many generic procurement solutions do not cover, especially when considering the potential for business development and creating a trading network of buyers and sellers.

Sourcing 83

Sourcing Buyers Collaboration Procurement solutions 83

ivalua

JUNE 29, 2022

Creating a dialogue with suppliers ensures that procurement teams can identify opportunities for innovation in a green supply chain that benefits all parties. However, a lack of the right procurement tools restricts businesses from accessing these benefits.

Strategy 130

Strategy Supply Chain Efficiency Sustainability Real-time Visibility 130

Spend Matters

JULY 27, 2022

Categories: Sourcing , Supplier Information Management , supplier networks , Supplier Performance , Supplier Risk and Compliance Management , Suppliers Tags: PRO Direct materials management is a hot market for procurement solutions with few specialists on the market.

Market analysis 87

Market analysis Sourcing Supplier relationship management Material management 87

Spend Matters

JANUARY 11, 2023

The solution’s flexibility extends to other use cases like category management and innovation which benefit from capturing relevant news and information, thus setting Owlin apart from other SxM/Risk Management solutions. In addition, its rich API can make it a valuable add-on to procurement solutions that execute other processes.

Risk 72

Risk Data Category management Risk management 72

ivalua

DECEMBER 3, 2021

Creating a dialogue with suppliers ensures that procurement teams can identify opportunities for innovation in a green supply chain that benefits all parties. However, a lack of the right procurement tools restricts businesses from accessing these benefits.

Supply Chain Efficiency 130

Supply Chain Efficiency Sustainability Supply chain Real-time Visibility 130

Zycus Cognitive Procurement

JANUARY 16, 2023

Challenges in Streamlining Procurement Process. Beyond the poor experience that a business user (requisitioner) faces, the Category manager or the Buyer in the procurement core team also face multiple challenges like: . Increased efforts for buyers to process 3 bids and a buy for low value requests. .

Sourcing 52

Sourcing Real-time Visibility Procurement Buyers 52

Spend Matters

OCTOBER 3, 2023

We recently spoke with procurement solution providers to discover what their customers are asking of them. In a new series of investigations Spend Matters is speaking with representatives from the world of procurement tech practitioners and consultants to discover the word on the street about the challenges of ‘turning digital.’

Procurement 78

Procurement Price Buyers supply chain budgeting 78

Spend Matters

APRIL 19, 2023

The first provides a company background and high-level solution overview with a focus on sourcing and e-procurement, performs a company SWOT analysis and discusses mdf commerce's competitors. The second focuses on the product’s strengths and weaknesses and offers tech selection tips.

Market analysis 65

Market analysis Sourcing Eprocurement Procurement 65

Procurement Heads

JULY 27, 2022

Many buyers who have started their careers in the last 15 years haven’t been exposed to some of the real challenges where the cost of what you buy can rise by 5-10% every year. What we have often seen is that buyers are talking about the savings that they have got, now they are talking about how we mitigate and eliminate the increases.

Buyers 130

Buyers Sustainability Procurement Real-time Visibility 130

Spend Matters

AUGUST 31, 2022

Categories: Analytics , Market Intelligence , Procurement , Procurement Systems & Architecture , Purchasing and Sourcing , Requisition / PO Management , Risk Performance and Compliance , Spend Analysis Tags: PRO Direct materials is a hot market for procurement solutions, and this has become even more the case since the Covid crisis.

Supply Chain Optimization 79

Supply Chain Optimization Material management Sourcing Influencing 79

Spend Matters

MARCH 15, 2023

We have also observed an evolution in the investments of the solution providers for specific markets. To potential buyers — Planergy offers the main features that an SME or MM company seeks: experience (1,200 clients), affordable price, easy to use and quick to implement. An example of this has been the AP automation processes.

Procurement solutions 85

Procurement solutions Buyers Purchasing Procurement 85

Arkestro

MARCH 13, 2023

For the seasoned team of expert buyers, this represented a fresh approach to purchasing parts, and has translated to productivity gains and time savings across the board.

Bidding 52

Bidding Procurement Buyers Quantity 52

Spend Matters

AUGUST 15, 2022

To customers — Trust Your Supplier's customers benefit from a configurable and extendable solution to ensure that they collect and verify supplier information and integrate it in subsequent processes and systems. Read more. ).

Suppliers 88

Suppliers Spend management Procurement solutions Buyers 88

Spend Matters

FEBRUARY 13, 2024

Neither oral nor text-based conversational AI (also known as conversational user experience [CUX] and conversational interfaces [CUI] the latter of which include chatbots) is by no means new, despite the relatively recent prolific uptake by procurement solution vendors. Are expectations from the practitioner world changing?

Supply Chain Efficiency 85

Supply Chain Efficiency supply chain software solutions Procurement Supply Chain Optimization 85

Spend Matters

SEPTEMBER 20, 2022

Categories: Analysis , P2P , Procurement Strategy & Planning , Spend Analysis , Strategic Sourcing Tags: PRO This Spend Matters PRO Vendor Analysis updates an analysis of Cirtuo, a strategy management solution. Rarely is it a module that helps define the proper approach to a category.

Strategy 69

Strategy Management Strategic sourcing Strategic sourcing 69

Spend Matters

JUNE 19, 2023

Top performing vendors have achieved a “Network Effect” type of collaboration where suppliers can manage all their buyers in the same portal and even behave as buyers themselves receiving invoices from their suppliers.

Buyers 69

Buyers Collaboration Suppliers Agile and Lean Supply Chain 69

ivalua

DECEMBER 19, 2018

The Company has already implemented a Workforce Management solution, IT tools supporting the safety management system of train operations and a maintenance system for railway vehicles along with mobile and virtual training solutions. OptiBuy is an international consulting company specializing in Procurement management.

Supplier relationship management 100

Supplier relationship management Contract Procurement solutions Buyers 100

Empowering CPO

MAY 5, 2023

The Shift Towards Digital Procurement The advent of digital technologies has brought about significant changes in procurement practices. Organizations have started to adopt digital procurement solutions that streamline and automate many of the previously cumbersome manual processes.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Procurement Real-time Visibility 52

Procurement Insights

SEPTEMBER 28, 2023

Before implementing the online procurement solution for the DND in the late 1990s and early 2000s, we did an enterprise-wide alignment with different departments. To your point about “making it of interest” to the individual user, this also extends to users and stakeholders in other departments.

Procurement 61

Procurement Influencing Procurement solutions Contract 61

Spend Matters

JUNE 19, 2023

I have seen top-performing vendors integrate with solutions for multi-tier supply chain mapping, check suppliers against multiple country-based blacklists and even verify ownership of bank accounts in many countries. They can also communicate with buyers. Suppliers can view, receive, confirm, complete, etc.

Suppliers 80

Suppliers Collaboration Buyers Supply Chain Optimization 80

Planergy

OCTOBER 20, 2022

Knowing when to use which document for what purpose can dramatically improve your procurement process. RFX – request for X – can refer to any request a buyer issues a vendor – thereby applying to any of these documents. If you work in procurement, you know that there are a lot of acronyms to keep track of.

Buyers 52

Buyers Supply Chain Efficiency Suppliers Price 52

Let's Talk Supply Chain

JUNE 5, 2023

22.23] A closer look at Logward’s Sourcing Solutions – what they do, the key features and benefits. 25.17] From capacity to forecasting, how Logward’s Procurement Solutions are addressing some of the industry’s trending concerns. 31.33] An overview of Logward’s Transport Solutions, and the visibility it provides.

supply chain budgeting 59

supply chain budgeting supply chain software solutions e2e Supply Chain Optimization 59

Procurement Software

JANUARY 16, 2023

But, let’s assume for a minute that all of you lovely procurement professionals will leave level-headed reviews. Buying cloud-based procurement technology isn’t the same as buying a smartphone or a backpack. Most solutions don’t have enough users. Digital procurement technology is still in its early adoption phase.

Procurement 59

Procurement Buyers Change management Category management 59

ivalua

SEPTEMBER 2, 2019

Buyers must have appropriate plans in place to ensure that the activities outsourced can feasibly be moved to another provider or brought back into the core business if necessary, including in situations where time is short. . For more information on Ivalua’s Financial Services Procurement solutions please visit ivalua.com.

Procurement 140

Procurement Contract Risk Suppliers 140

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. These insights enable data-driven decision-making, negotiation strategies, and risk mitigation, leading to more informed procurement choices.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Spend Matters

JUNE 19, 2023

Solutions come with a default set of commonly evaluated scenarios. Buyers can use these default scenarios to create additional customized scenarios. Click to enlarge Sourcing optimization solutions have more profound and richer capabilities than generic sourcing solutions concerning cost modeling.

Sourcing 77

Sourcing Bidding Price Suppliers 77

Spend Matters

APRIL 17, 2024

Relish was founded by individuals with extensive consulting experience who recognized the gaps in IT solutions, especially when it comes to procurement. Relish aims to build lightweight apps that strategically augment enterprise solutions, optimizing investments in procurement solutions.

Suppliers 90

Suppliers Data Market analysis Demand 90

ivalua

OCTOBER 1, 2019

Expectations will be different for our procurement optimisation solutions and will depend on whether the user is an experienced buyer, an occasional requestor or a Procurement Director. The user experience corresponding to a procurement solution that relies on a mouse click to trigger an action would be disrupted. .

Procurement 100

Procurement Procurement solutions Purchasing Suppliers 100

Spend Matters

DECEMBER 28, 2023

In many cases, buyers can outsource vetting requirements to the marketplace operator, making them responsible for serving up suppliers that check the right boxes. For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider.

Procurement solutions 56

Procurement solutions Procurement Chief Procurement Officer Procurement team 56

Jaggaer

OCTOBER 22, 2020

The procurement team consists of 40 buyers, around half of them based in the bank’s Casablanca headquarters. Attijariwafa’s senior leadership asked Taghrichte to put together a business case for the implementation of an electronic procurement solution. Attijariwafa also trained all users (buyers, authorizers etc.)

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

ivalua

AUGUST 22, 2019

For almost 30 years prior to joining Ivalua, Steve has worked as a Senior Product owner and Business Director in organisations selling procurement solutions into the Public and Private sectors. This involved designing and building solutions to support the Source to Pay and Order to Cash journeys for Buyers and Suppliers.

Procurement solutions 20

Procurement solutions Buyers Suppliers Procurement 20

Jaggaer

MARCH 10, 2020

L et’s start by looking at what an autonomous procurement system means. Autonomous #procurement : Should you be scared of its capabilities? As technology evolves in our personal lives, so too much purchasing systems so that buyers have a seamless experience. .

Procurement 59

Procurement Vendor management Purchasing Inventory 59