Procurement Software

MARCH 11, 2022

Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. The best opportunities now lie in tail spend management. This is usually areas of indirect spend which have previously been relatively unexplored. Consolidate spend with key vendors.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Procurement Software

MARCH 11, 2022

Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. The best opportunities now lie in tail spend management. This is usually areas of indirect spend which have previously been relatively unexplored. Consolidate spend with key vendors.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Spend Matters

DECEMBER 12, 2022

Categories: Industry News , Source to Pay , Spend Management Tags: EU , mergers and acquisitions Giant of the Business Spend Management (BSM) world, Coupa Software, this morning announced it has entered into a definitive agreement to be acquired by Thoma Bravo, one of the largest private equity firms in the world.

Competitive bidding 83

Competitive bidding Spend management Bidding Buyers 83

Spend Matters

AUGUST 3, 2022

Accommodate existing applications and external data/intelligence sources alike. This ecosystem strategy for managing “best-in-class architectures” is unfortunately still nascent, but recent activity has thankfully signaled the start of a greater shift by the large technology vendors themselves (and not just progressive buyers).

Sourcing 80

Sourcing Spend management Procurement supply chain software solutions 80

Spend Matters

APRIL 5, 2023

Categories: Contract Management , Procurement Systems & Architecture , Solution Providers , Source-to-Contract Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Spendflo and its solution for SaaS procurement and management.

e2e 75

e2e Management Buyers Contract 75

Spend Matters

JULY 10, 2023

This Spend Matters Vendor Analysis provides an overview of Proactis and its solution for source-to-pay (S2P). The complexity of S2P with its use of multiple systems to address each aspect it covers, manual processes, data quality issues and process variations can make managing the end-to-end process difficult.

Market analysis 82

Market analysis e2e Contract management Spend management 82

Una

AUGUST 17, 2022

A comprehensive guide designed to tame tail spend in a way that leads to reduced risk and increased cost savings. Taming Tail Spend. This comprehensive guide will go over tail spend in procurement and provide resources for how to implement an effective tail spend management strategy.

Real-time Visibility 98

Real-time Visibility Spend management Procurement team Purchasing 98

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

OCTOBER 7, 2021

Redwood City, CA – October 7, 2021 – Ivalua , a global leader in cloud Spend Management solutions, today announced that it has been recognized as a Leader by Forrester Research Inc. in “ The Forrester Wave : Contract Lifecycle Management for Buy-Side Contract Suites, Q4 2021.” . About Ivalua.

Contract 100

Contract Management Spend management Innovation 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

Una

DECEMBER 20, 2022

Below, we outline how to bring more spend under management using six of the best practices. . Sourcing and managing suppliers. Your procurement team’s sourcing strategy might favor a strategic, project-based, long-term contract, or one-off spot-purchase approach. Proper purchase authorization. Efficiency.

Management 98

Management Buyers Procurement team Contract 98

ivalua

OCTOBER 24, 2021

The payment process required for international trade is complex, expensive and high risk for both suppliers and buyers. Redwood City, CA, October 25, 2021 – Ivalua, a global leader in Cloud Spend Management solutions, announces a partnership with TransferMate, the leader in global B2B payments infrastructure as a service.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain software solutions Spend management Suppliers 130

ivalua

AUGUST 17, 2021

There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Identifying Value , is where procurement teams leverage spend data and spend analysis to understand trends in spend and identify opportunities and develop category management strategies. .

Procurement 130

Procurement Procurement team Sourcing Supplier relationship management 130

ivalua

MARCH 27, 2023

E-invoicing Mandate | France 2024 Ivalua Spend Management Insights [ivory-search] Wake Up AP, Before it’s Too Late! The AP team moves from invoicing to supplier expectation management, becoming an embedded Finance team. Instant invoice approval, no supplier inquiries, and no exceptions.

Procurement strategies 130

Procurement strategies Agile and Lean Supply Chain Real-time Visibility Networking 130

ivalua

OCTOBER 24, 2021

The payment process required for international trade is complex, expensive and high risk for both suppliers and buyers. Redwood City, CA, October 25, 2021 – Ivalua, a global leader in Cloud Spend Management solutions, announces a partnership with TransferMate, the leader in global B2B payments infrastructure as a service.

Supply Chain Efficiency 100

Supply Chain Efficiency supply chain software solutions Spend management Suppliers 100

ivalua

APRIL 12, 2019

Ivalua, a leading provider of global Spend Management Cloud solutions, today announced the launch of next generation eprocurement capabilities at its Ivalua NOW event. “Our customers can now give employees a consumer-like buying experience while still maintaining control over sources of supply and ensuring the best price. .

Eprocurement 100

Eprocurement Buyers Price Suppliers 100

Una

MAY 23, 2023

Group purchasing and indirect spend Indirect Spend, with her diverse and multifaceted nature, longed for a Sourcing Hero to swoop in and optimize her procurement processes. Along came Group Purchasing, the dashing protagonist with an unparalleled ability to unite like-minded buyers and channel their collective strength.

Purchasing 97

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 97

Planergy

OCTOBER 20, 2022

How to report and analyze indirect spend to identify savings opportunities. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Sourcing Supply Chain Management. Introduction to you as a buyer and your company background. Download Free Copy.

Buyers 52

Buyers Supply Chain Efficiency Suppliers Price 52

Procurement Tactics

JULY 2, 2023

Improved Supplier-Buyer Relationships Transparent relations with suppliers are also facilitated by clear and detailed job orders. SAP Ariba SAP Ariba is a cloud bases procurement software that provides spending management, and supply chain services that allow suppliers and buyers to connect and do business, worldwide.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Una

JANUARY 1, 2024

5 Meaningful New Year's Resolutions for Procurement Sourcing Heroes can set their organization up for success by creating meaningful and realistic new year’s resolutions for procurement. Check if the survey results confirm or contradict other sources of information. Compare survey results with your other data.

Procurement 52

Procurement supply chain software solutions Contract Suppliers 52

ivalua

MARCH 19, 2019

Redwood City, CA March 19, 2019 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced the availability of a quick deployment package for Procure-to-Pay (P2P). Best practice P2P capabilities now available for deployment in 8-12 weeks. Rapid supplier onboarding. About Ivalua.

Procurement 100

Procurement Suppliers Spend management Buyers 100

Jaggaer

JULY 23, 2019

More than virtually any other sector, sourcing and supplier management in the fashion industry have been exposed to intense scrutiny in recent years, while the functions have become of increasingly strategic importance to business success. A further complication in fast-fashion market segments is the perishable nature of the product.

Suppliers 40

Suppliers Sourcing Management Supply Chain Efficiency 40

ivalua

MARCH 5, 2020

Sometimes action can be taken by the buyer that either does not affect the supplier or just requires their agreement. But most of the initiatives that have real value require collaboration between buyer and supplier (or supply chain ).

Collaboration 130

Collaboration Agile and Lean Supply Chain Procurement supply chain budgeting 130

Procurement Software

OCTOBER 3, 2023

First, let’s ask a simple question which is notoriously difficult for Procurement Manager to answer. Which source of data would you go to, if you want to obtain an accurate snapshot? The same can be said for the approach to tail spend management. Get your team to log the number of hours they spend on non-added-value work.

Supplier consolidation 59

Supplier consolidation Suppliers Procurement Category management 59

Una

MAY 23, 2023

Group purchasing and indirect spend Indirect Spend, with her diverse and multifaceted nature, longed for a Sourcing Hero to swoop in and optimize her procurement processes. Along came Group Purchasing, the dashing protagonist with an unparalleled ability to unite like-minded buyers and channel their collective strength.

Purchasing 52

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 52

Claritum

NOVEMBER 23, 2020

Medium sized organisations will use procurement automation and buyer portals in the cloud, to address concerns of spend management, remote working and data security. B2B Marketplaces, where you can create your own networked members area within a public platform, will become more prevalent.

Procurement 41

Procurement Supply Chain Efficiency Spend management Sustainability 41

ivalua

SEPTEMBER 19, 2022

Under pressure to quickly identify new sources of supply, due diligence has–at times been reduced, thereby increasing the likelihood of quality issues, unknowingly supporting forced labor, or exposing organizations to fraud. Taking a category view often means little more than ensuring alternate sources are available.

Risk management 130

Risk management Supply Chain Efficiency Risk Supply Chain Optimization 130

ivalua

SEPTEMBER 10, 2019

Digital sourcing tools can help make this a more manageable metric. #3 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. . #5

Vendor relationships 140

Vendor relationships Suppliers Negotiation Data 140

Empowering CPO

DECEMBER 2, 2020

As a result, in most of the companies this spend is often under managed as it demands more efforts and the rewards are low. These users are not trained as buyers and due to limited purchasing skills they end up buying products/services at higher cost without understanding the supplier market dynamics. to meet the buyer’s need.

Management 52

Management Strategic sourcing Strategic sourcing Buyers 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. Attijariwafa Bank has successfully implemented a source-to-contract solution with the JAGGAER ONE platform. It has subsidiaries in Europe and in Egypt.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

ivalua

MARCH 9, 2023

A comprehensive Source-to-Pay platform is a critical component of an organization’s IT environment. Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ What is Source-to-Pay? Sourcing: Where Procurement often creates value first.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

ivalua

NOVEMBER 29, 2021

Lifted from their latest webinar, Jean-Baptiste Anne from Amazon Business and Vishal Patel from Ivalua offer insights into tail spend management programs and the ROI these programs can generate for procurement teams. . How to analyze your Tail Spend: Understanding spend data. What is ROI of Tail Spend Programs? .

Buyers 130

Buyers Real-time Visibility Purchasing Procurement team 130

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

APRIL 4, 2023

This is sadly missing from ERP systems, as well as some of the legacy source-to-pay suites. To highlight this, let’s look into the source-to-pay (S2P) process to provide a working example. 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

Users will readily accept controls if they have access to the benefits of an easy to use cloud spend management platform which makes processing orders easy, quick and efficient. the right sourcing tools such as a cloud spend management platform. Buyers, suppliers and. Efficiencies. resources effectively.

Real-time Visibility 41

Real-time Visibility Procurement Supply Chain Efficiency Spend management 41

Una

JUNE 15, 2023

10 Procurement Outsourcing Services Explore ten procurement outsourcing services available to help your sourcing function save more money, time, and effort. 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.

Procurement 52

Procurement Supplier relationship management Procurement team Contract 52

Procurement Software

NOVEMBER 21, 2022

Procurement is the function in companies that, on a general level, takes care of sourcing, managing vendors and tracking spend. There are some industries we can consider as the early movers in seeing the benefits of a professionalized sourcing function. Revolut and eToro are just two which have seen explosive growth.

supply chain budgeting 52

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