ivalua

AUGUST 26, 2021

Majority of European suppliers not being asked to prove they protect against labour violations, while 76% of UK suppliers are unprepared for new changes to the Modern Slavery Act. Just half (50%) of European suppliers said they are frequently asked by their buyers to provide proof that they protect against unsafe working conditions.

Procurement team 100

Procurement team Suppliers Buyers Procurement 100

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. What is tail spend?

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. What is tail spend?

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

ivalua

MARCH 18, 2021

Massy, France 18 March , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, and CKS BeNeLux today announced that Punch Powertrain has successfully deployed Ivalua’s platform to support the digital transformation of the strategic sourcing process.

Strategic sourcing 246

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 246

Procurement Software

OCTOBER 3, 2023

The topic of supplier consolidation is a popular one, especially across indirect procurement spend. If we take the 80/20 rule, then 80% of the supply base usually accounts for just 20% of an organisation’s total spend. It’s rarely strategic suppliers who cause procure-to-pay pain. How many suppliers do you have?

Supplier consolidation 59

Supplier consolidation Suppliers Procurement Category management 59

Spend Matters

AUGUST 15, 2022

Ensuring that an organization knows the suppliers it works with, has all required information on suppliers, and is up-to-date, is critical. Decisions about working (or not) with a supplier can be both straightforward and complex because not all suppliers require the same screening and attention. Read more. ).

Suppliers 84

Suppliers Spend management Procurement solutions Buyers 84

ivalua

MARCH 18, 2021

Massy, France 18 March , 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, and CKS BeNeLux today announced that Punch Powertrain has successfully deployed Ivalua’s platform to support the digital transformation of the strategic sourcing process.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Buyers 130

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. What is tail spend?

Real-time Visibility 98

Real-time Visibility Spend management Procurement team Purchasing 98

Procurement Tactics

JULY 2, 2023

This enables necessary adjustments to be carried out in line with the budgetary constraints, therefore, helps prevent potential excessive spending. Supplier Selection Another key factor to consider when making a successful job order is by identifying the right supplier for your procurement. A clear budget 4.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

ivalua

SEPTEMBER 28, 2020

Over time the focus has shifted from the real challenge of Invoice matching to creating the perfect supplier invoice relying on OCR. It breaks the bond between Buyer and Supplier, resulting in fragile supply chains and lots of mistrust. Finally, the all powerful e-Invoice network emerged to magically automate all before it.

supply chain budgeting 237

supply chain budgeting Purchase orders Networking Buyers 237

Spend Matters

FEBRUARY 26, 2024

Such an area is tail spend, the purchases that makeup approximately 80 percent of transactions/parts/suppliers but only 20 percent of total spend volume. And, following the Pareto principle, many organizations ignore their tail spend because of the apparently meager return on investment. This content is for members only.

Market analysis 95

Market analysis Sourcing Spend management Purchasing 95

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

ivalua

OCTOBER 24, 2021

The payment process required for international trade is complex, expensive and high risk for both suppliers and buyers. The partnership with TransferMate removes this friction, creating a transparent, rapid and low-cost solution to paying suppliers anywhere in the world. About Ivalua.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain software solutions Spend management Suppliers 130

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

While the definition can vary, it’s generally defined as the percentage spend that falls under procurement’s management. Some organizations define SUM as any spending that leverages preferred supplier contracts. Below, we outline how to bring more spend under management using six of the best practices. .

Management 98

Management Buyers Procurement team Contract 98

ivalua

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). Rapid supplier onboarding. Best practice P2P capabilities now available for deployment in 8-12 weeks.

Procurement 145

Procurement Spend management Buyers Suppliers 145

Spend Matters

JULY 10, 2023

It covers the S2P process, including sourcing, SxM, contract management, AP automation, payments and spend management. It also integrates ESG into its spend and supplier management. Proactis is one such suite vendor. Its main market is Europe and middle market companies.

Market analysis 82

Market analysis e2e Contract management Spend management 82

ivalua

MARCH 27, 2023

E-invoicing Mandate | France 2024 Ivalua Spend Management Insights [ivory-search] Wake Up AP, Before it’s Too Late! Every supplier will be forced to send Government approved invoices to their clients. Because a network is an unneeded link in the data chain and it acts as a data barrier to suppliers.

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. The partnership with Transfermate removes this friction, creating a transparent, rapid and low-cost solution to paying suppliers anywhere in the world. About Ivalua.

Supply Chain Efficiency 100

Supply Chain Efficiency supply chain software solutions Spend management Suppliers 100

ivalua

APRIL 12, 2019

New capability optimizes the user eprocurement experience and strengthens supplier relationships. Ivalua, a leading provider of global Spend Management Cloud solutions, today announced the launch of next generation eprocurement capabilities at its Ivalua NOW event.

Eprocurement 100

Eprocurement Buyers Price Suppliers 100

Spend Matters

AUGUST 3, 2022

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). Let’s just focus on the SAP Ariba portion of this discussion.

Sourcing 80

Sourcing Spend management Procurement supply chain software solutions 80

ivalua

MARCH 5, 2020

And increasingly, that means collaborative working with key suppliers who can support that need to be innovative, flexible and agile. 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. An ROI, also called an Expression of Interest or EOI, is not a solicitation for bids but a way for organizations to gauge interest from potential suppliers. But what do they all mean? Benefits of RFIs.

Buyers 52

Buyers Supply Chain Efficiency Suppliers Price 52

ivalua

SEPTEMBER 19, 2022

Organizational abilities to effectively assess risk and engage suppliers to mitigate it are woefully lacking in most cases. For example, nearly half (43.9%) of CPOs responding to a recent survey by Ardent Partners indicated that they do not know what percent of their suppliers are high risk. Has past performance exceeded a threshold?

Risk management 130

Risk management Supply Chain Efficiency Risk Supply Chain Optimization 130

ivalua

AUGUST 17, 2021

Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier. Monitoring and measuring value is where the procurement organization takes a holistic view of the Source-to-pay process and supplier relationships. What is Direct Procurement?

Procurement 130

Procurement Procurement team Sourcing Supplier relationship management 130

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. In our poll, webinar participants saw business partnering, supplier innovation and collaboration, and supply chain risk management as their key areas of focus for procurement.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 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). Rapid supplier onboarding. Best practice P2P capabilities now available for deployment in 8-12 weeks.

Procurement 100

Procurement Suppliers Spend management Buyers 100

Spend Matters

AUGUST 8, 2022

Categories: Accounts Payable , P2P , Payments , Procurement Systems & Architecture , Spend Management , Technology Tags: PRO Medius began life in 2001 in Sweden as an AP automation solution; in 2006 it opened offices in Norway, Denmark and the Netherlands; in 2008 in Poland. Read more. ).

Market analysis 68

Market analysis Spend management Buyers Change management 68

Una

MAY 23, 2023

Along came Group Purchasing, the dashing protagonist with an unparalleled ability to unite like-minded buyers and channel their collective strength. Group Purchasing possessed a unique charm that effortlessly won over the heart of Indirect Spend.

Purchasing 97

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 97

Planergy

NOVEMBER 1, 2022

Ethical Sustainability & Responsibility Procurement Supplier Relationship Management. Preferred Supplier Program Benefits. In business, the term “preferred vendor” refers to a supplier that has been vetted and approved by a company to provide goods or services to that company on an ongoing basis.

Contract 52

Contract Suppliers Buyers Price 52

Una

JANUARY 1, 2024

Survey all stakeholders, including your own team, end-users of your procurement systems, your suppliers, heads of other functions, and your leadership team. Hug a maverick Instead of creating a resolution along the lines of “ eliminating maverick spend ”, how about you hug a maverick instead? Survey everyone.

Procurement 52

Procurement supply chain software solutions Contract Suppliers 52

ivalua

SEPTEMBER 10, 2019

2 Supplier count – How many suppliers you have for different spend categories reflects your overall procurement health. Too many suppliers in one category may mean it’s time to simplify or negotiate better pricing with fewer vendors. On the other hand, relying on a limited number of suppliers introduces risk.

Vendor relationships 140

Vendor relationships Suppliers Negotiation Data 140

Procurement Software

APRIL 4, 2023

That applies to both your internal stakeholders and suppliers. However, the end user and the supplier must also be placed at the centre of the user experience. 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.

Procurement 59

Procurement e2e Purchase orders Buyers 59

Claritum

AUGUST 18, 2020

Remotely Trade with Claritum's Buy & Sell Ecosystem for Organisations Bath, UK (Aug 20, 2020) – Claritum, a provider of cloud-based spend management solutions, today announced the launch of new functionality that enables organisations to leverage a buying and selling ecosystem to trade remotely.

Buyers 32

Buyers Networking Suppliers Spend management 32

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. This is not easy given the current volatility in supply markets.

Suppliers 40

Suppliers Sourcing Management Supply Chain Efficiency 40

Claritum

FEBRUARY 4, 2020

Controlling the supply chain and the status of suppliers to the organization, as well as control over catalogs and what users can see and buy. 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.

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