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From Spend to Supply — Coupa’s direct spend management progress

Spend Matters

Categories: Conferences , Spend Management Tags: PRO The question of how to manage direct materials can yield polarized answers and requires deeper evaluation than simply evaluating a few narrow use cases. The specific processes and needs involved may include upstream (i.e.,

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RFI, RFP, RFQ, ROI, RFT: What’s the Difference?

Planergy

RFX – request for X – can refer to any request a buyer issues a vendor – thereby applying to any of these documents. You’ll likely send additional requests if you find the vendor may be able to meet your organization’s needs. Introduction to you as a buyer and your company background.

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Preferred Vendor: What They Are and Why You Should Have A Preferred Vendor Program

Planergy

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.

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Why Procuretech has Immense Potential to Grow

Procurement Software

The reason can be found in their high margins and thus, cost and vendor management not being at the forefront of their critical business priorities. Tech companies definitely see the value in data analytics and this pans out to contract management, streamlining processes and detailed spend analysis.

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SAP Spend Connect – See the bigger picture

Spend Matters

Travel and Expense management leveraging SAP Concur is an easy plug in for travel spend management and all spend flowing through expense reporting. That’s a big job to tackle, but SAP does have over 5,000 engineers in the spend management space (not even including BTP) working on all this.

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Catalog Management in Procurement: What Is It, Types of Catalogs, Challenges and Best Practices To Manage Them

Planergy

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?

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11 Best Procure-to-Pay Software for the Mid Market

Procurement Software

Onventis Onventis provides a Procure-to-Pay module for buyers that streamlines the procurement process from purchasing to payment. The software automates workflows and approvals, manages supplier catalogues, and provides real-time analytics for better decision-making.