Spend Matters

OCTOBER 31, 2024

What is True ValueHub True ValueHub’s solution is an AI and cloud-based software that helps manufacturing companies achieve cost savings on purchased parts and assemblies in mechanical, electro-mechanical and electronics categories. Read also our interview: An Introduction to True ValueHub.

Buyers 117

Buyers Raw materials Networking Suppliers 117

ProcurePort

FEBRUARY 3, 2022

A purchase order (PO) refers to a legally binding agreement between a buyer and a seller. A purchase order details the products, services, or merchandise the buyer agrees to buy at a certain price. It also details the delivery date and the terms of payment for the buyer.

Purchase orders 130

Purchase orders Purchasing Buyers Price 130

ProcurePort

NOVEMBER 4, 2021

Best Cloud Purchase Order Software Purchase order details the products or services required by a client to a supplier. The buyer prepares a detailed list of products, prices, classification, form, nature, and the type and sends it to the supplier.

Purchase orders 130

Purchase orders Purchasing Buyers Price 130

ProcurePort

DECEMBER 26, 2019

Employing best practices in purchase requisitions will enable your business to streamline order and stock management, improve vendor-buyer relationship, operate more cheaply, prevent fraud and improve the speed at which your firm operates.

Purchasing 130

Purchasing Quantity Buyers Quality 130

TYA Suite

MAY 3, 2025

Ever confused purchase orders with sales orders? In any business, whether you're buying goods or selling them, it's essential to understand how purchase orders (POs) and sales orders (SOs) work. For example, if a purchase order isnt processed correctly, it could throw off your inventory, leading to stock shortages or overstock.

Purchase orders 40

Purchase orders Purchasing Buyers Quantity 40

SCMDOJO

JUNE 3, 2022

And that’s no other than a purchase order. It’s hard to ignore how important Purchase Orders (POs) are to growing retail businesses. But what exactly is a purchase order , and why do CPAs need one? We’ll also look into the many benefits you can get by using a purchase order system. What Is a Purchase Order?

Purchase orders 128

Purchase orders Purchasing Quantity Buyers 128

The Thomas Blog

AUGUST 24, 2022

And so do the buyers of your company's products or services. By understanding what your buyers have on their plates, you can more easily accomplish one of your most important tasks — generating more leads and contributing to your bottom line. The buyer realizes a need. The buyer evaluates potential suppliers.

Buyers 128

Buyers Buying process Suppliers Sourcing 128

Spend Matters

OCTOBER 31, 2024

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. To potential buyers — True ValueHub can save category managers and buyers significant time and money by identifying new opportunities based on a deep analysis of costs and drivers.

Real-time Visibility 123

Real-time Visibility Supply Chain Efficiency Buyers Supply Chain Optimization 123

ivalua

NOVEMBER 29, 2021

To summarize, tail spend is commonly labeled as the money a company spends on purchases that accounts for roughly 80% of total transactions, making up about 20% of the company’s spend by volume. Result is a spend cube – an analysis, at the line-item level, of global spend, telling you: What was purchased; .

Buyers 130

Buyers Real-time Visibility Purchasing Spend management 130

All Things Supply Chain

MAY 5, 2023

Apple sales fall but iPhone demand persists Apple sales have continued to fall, as the economy slows and buyers, squeezed by rising prices, put off purchases of computers and iPads.…

Supply chain 246

Supply chain Buyers Price Purchasing 246

Spend Matters

AUGUST 23, 2022

Categories: Accounts Payable , P2P , Payments , Procurement Systems & Architecture , Purchasing Tags: EU , P2P , procurement strategy and planning Even the most customer-centric companies can have a blind spot when it comes to their own buying processes. Nipendo finds that in many organizations, low buyer adoption is a key issue.

Buyers 96

Buyers Buying process Quantity Procurement strategies 96

ProcurePort

SEPTEMBER 29, 2021

Invoice purchase order software (I/PO software) refers to technology that syncs purchase orders created by buyers and invoices generated from fulfilled purchase orders. In case you’re still on the fence about investing in invoice purchase order software read on to learn about […].

Purchase orders 130

Purchase orders Purchasing Procurement team Buyers 130

ivalua

MARCH 18, 2021

The Strategic Sourcing modules of Ivalua allow Punch Powertrain buyers to define Purchasing needs collaboratively, consolidate the tendering documents and ease costing by suppliers (cost breakdown files, dialogue with the projects on technical feasibility).

Strategic sourcing 246

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 246

Spend Matters

JANUARY 8, 2025

Zip is therefore meant to be the place to initiate a purchase or vendor request through a flexible, configurable intake that requires no code to change and to support communication and approvals to ensure that the need is clearly understood and all sign-offs are obtained.

Market analysis 113

Market analysis Procurement team Sourcing Buyers 113

SCMDOJO

MARCH 6, 2022

Blanket Purchase Order Definition. A blanket purchase order is a simple way for many buying and finance directors to streamline the procurement process and enhance operational efficiency. Simply said, blanket purchase orders allow procurement managers to take advantage of preset costs while also reducing responsibilities.

Purchase orders 138

Purchase orders Purchasing Quantity Contract 138

Procurement Express

MARCH 9, 2025

If your company relies on vendors, an efficient purchase order (PO) system is essential for keeping cash flow predictable and preventing budget surprises. Fortunately, QuickBooks Online gives you a simple way to manage purchase orders, streamline approvals, and keep vendor relationships smooth. What is a purchase order?

Purchase orders 52

Purchase orders Purchasing Real-time Visibility Vendor relationships 52

Spend Matters

JULY 14, 2022

Categories: Accounts Payable , Finance , Invoicing , Payments , Purchasing , Sponsored Article Tags: Sponsored Article Virtual cards are a fast-growing and popular payment method with businesses for a variety of reasons. However, even if a buyer decides to pay their suppliers early, they are unable to because of operational shortcomings.

Buyers 97

Buyers Suppliers Purchasing Management 97

Spend Matters

FEBRUARY 4, 2025

Gather a deep understanding of historical purchasing performance : Identify what worked, what didnt, what part of your process needs clarity, and which part is too rules-driven. With more buyers come more spend categories to capture and oversee. Dont be afraid to iterate: As your business evolves, so must your procurement function.

Procurement 106

Procurement Purchasing Negotiation Buying process 106

Una

AUGUST 4, 2022

IT Procurement | 'Stranger Things' Keeping IT Buyers Awake at Night. Here are just a few of the most frightening challenges keeping IT buyers awake at night. The term refers to the common situation where employees purchase software that hasn’t been authorized by the central team. Do you have questions about group purchasing?

Buyers 98

Buyers Procurement supply chain software solutions Contract 98

Procurement Tactics

JANUARY 5, 2023

It allows them to have a purchasing experience that provides process improvement and better spend management for the entire organization without leaving their e-procurement system. Approved purchasers from the buying organization can access hosted catalogs as part of the purchasing process. PunchOut Catalog: What is it?

Buyers 179

Buyers Purchasing Suppliers Price 179

Una

MARCH 6, 2023

9 Innovative Purchasing Concepts for Procurement Implement various innovative purchasing concepts to ditch the old-school way of doing things and bring your procurement function up to speed. Innovative purchasing concepts Getting innovative in purchasing doesn’t necessarily mean leveraging the latest piece of technology.

Purchasing 98

Purchasing Innovation Agile and Lean Supply Chain Supplier relationship management 98

Spend Matters

DECEMBER 23, 2024

Consult TechMatch our tech selection tool that helps procurement and finance technology buyers quickly explore the market and identify best-fit solutions. How customers justify procuretech investment to stakeholders Cost savings and efficiency: Direct savings and operational efficiency metrics resonate strongly with financial stakeholders.

Procurement 123

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supplier consolidation 123

Supply Chain Dive

DECEMBER 4, 2023

The apparel company has been cautious in its own buying while trying to meet the needs of department stores and others who seek agility to meet demand.

Buyers 106

Buyers Purchasing Inventory Demand 106

TYA Suite

MAY 3, 2025

Back then, businesses relied on paper purchase ordersphysical forms filled out by hand, signed, mailed, or faxed to suppliers. Today, digital purchase order are part of a larger trend toward automation, integrating with accounting software, inventory systems, and analytics tools to create smarter, more efficient supply chains.

Purchase orders 40

Purchase orders Purchasing Supply Chain Efficiency supply chain budgeting 40

Spend Matters

MARCH 10, 2025

By providing deep insights into purchasing patterns, supplier performance and areas for cost reduction, spend analytics can transform raw data into actionable intelligence. To potential buyers Spendkey provides a turnkey solution with solid data management, making it a good starting point for organizations that lack spend analysis.

Buyers 117

Buyers Quality Purchasing Data 117

Spend Matters

NOVEMBER 11, 2024

To buyers: Vroozi delivers a cloud-based P2P suite that streamlines procurement, invoicing and payments. Here’s why we think Vroozi matters: To the market: Vroozi offers a comprehensive P2P solution, including e-procurement, invoice automation and supplier collaboration.

Procurement 119

Procurement Buyers Collaboration Demand 119

Una

MAY 23, 2023

Group Purchasing and Indirect Spend: A Fairy-tale Romance A unique take on the relationship between group purchasing and indirect spend and how the two work together to drive cost savings and value. Once upon a time, in the bustling World of Procurement, there existed a charming knight known as Group Purchasing.

Purchasing 97

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 97

Spend Matters

MARCH 25, 2025

Purchase order management, allowing users to assign, update and track POs for AWS Marketplace transactions. Expanding vendor collaboration: AWS Partner Connections will strengthen partnerships between software vendors and enterprise buyers. Deepening ERP and procurement integrations for improved enterprise compatibility.

Procurement solutions 98

Procurement solutions Procurement Purchase orders Data 98

Spend Matters

FEBRUARY 26, 2025

Its ability to match suppliers with buyers in the public sector and address complex governmental structures and processes has played a key role in its ongoing success. Intelligent Solicitation Builder: A guided automated tool that uses historical purchase data and business rules for solicitation creation.

Procurement 119

Procurement Bidding Contract management Data 119

Procurement Tactics

DECEMBER 7, 2022

Financial supply chain or supply chain finance describes a set of technology-based solutions that helps lower financing costs and enhance the business experience for sellers and buyers connected in sales transactions. . While suppliers can gain quick access to money the buyer owes them, the latter can get more time to pay their balances.

Supply Chain Efficiency 181

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 181

Spend Matters

DECEMBER 17, 2024

On the procurement side, the interest is in the Purchase Request coding for accounting and spend categorization. Consult TechMatch our tech selection tool that helps procurement and finance technology buyers quickly explore the market and identify best-fit solutions.

Procurement 109

Procurement Change management Strategic sourcing Strategic sourcing 109

Spend Matters

JANUARY 27, 2025

To potential buyers PairSofts unified approach to P2P processes and payment execution provides finance teams a centralized solution to manage and streamline financial operations, offering tools for real-time compliance tracking, global transaction support and efficient reconciliation.

Procurement 122

Procurement Market analysis Buyers Management 122

Procurement Tactics

AUGUST 25, 2022

Omid Ghamami is one of the most globally recognized thought leaders in the field of purchasing and sales negotiations. Thereby making him the world’s most sought-after purchasing and supply chain management author, speaker, consultant, and trainer. He is known as “the secret weapon of fortune 500 chief purchasing officers”. .

Procurement 231

Procurement Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 231

Spend Matters

MARCH 3, 2025

To potential buyers By addressing issues like maverick spend and procurement bottlenecks, Hivebuy enables teams to implement efficient P2P processes quickly, enhancing visibility and control over indirect spend without lengthy onboarding. Its integration capabilities and rapid deployment make it a strong market contender.

Budget 116

Budget Buyers Procurement solutions Procurement 116

Spend Matters

SEPTEMBER 4, 2024

BlueBean’s unique ‘request-to-pay’ solution removes the need for supplier portals, purchase orders, invoices and expense claims. To potential buyers — BlueBean offers control over procurement processes, automating accounting tasks and eliminating the need for traditional expense management. This content is for members only.

Purchase orders 125

Purchase orders Procurement Market analysis Purchasing 125

ivalua

APRIL 20, 2021

Leveraging purchasing power to capture volume- based pricing within a competitive supply chain builds sticky relationships with healthy suppliers, keeps input costs low, and acts as a hedge against inflation. The reality is, to turn inventory, make the sale, and then collect funds takes most buyers over 30 days. Is it worth it?

Supply Chain Efficiency 130

Supply Chain Efficiency Buyers Suppliers Purchasing 130