Una

APRIL 23, 2024

Tips for Building an Effective Procurement Data Strategy Robots in Procurement Supplier selection & risk management Think of machine learning as your trusted advisor when it comes to choosing and monitoring suppliers. Then there’s the resource-intensive task of supplier monitoring. Why Do We Need Supply Chain Visibility?

Supply chain management 52

Supply chain management Supply chain management Supply Chain Optimization Supply Chain Efficiency 52

Supply Chain Game Changer

FEBRUARY 11, 2021

What powers Artificial Intelligence article and permission to publish here provided by Edward McGeachie at myseaforth.com. But few people really understand what it is, how it works and more importantly, why it is so important to Procurement. How much SME resource is required? What is Artificial Intelligence or AI?

Supply Chain Efficiency 93

Supply Chain Efficiency Procurement Agile and Lean Supply Chain supply chain software solutions 93

Una

NOVEMBER 28, 2022

Three Steps to Making an Impact When Starting a New Procurement Role. Make an impact right away when starting a new procurement role. Doesn’t starting a new procurement role with confidence sound great? Spend mavericks , or people who make purchases outside of procurement guidelines, are expensive. Related Posts.

Real-time Visibility 95

Real-time Visibility Procurement Purchasing Contract 95

Procurement Software

MARCH 19, 2024

When you hear the words Generative AI in Procurement, your reaction is probably one of two things: Either you get excited, thinking of all the benefits and time-saving hacks it could offer. We therefore must try to understand what potential impact generative AI could have on procurement organisations.

Procurement 52

Procurement Category management supply chain software solutions Data 52

IBM Supply Chain Blog

FEBRUARY 13, 2024

The result will be unusable if a user prompts the model to write a factual news article. The process demands high-level skills and resources, but the results are more likely to be compliant, custom-tailored and business-specific. Imagine training a generative AI model on a dataset of only romance novels.

Data 125

Data Ethics Quality Project management 125

Planergy

JULY 27, 2023

Companies can reduce the risk of fraud, errors, and noncompliance by requiring employees to document their expenses and obtain proper approvals. Spend Management Analysis Expense reports can provide valuable insights into how employees are using company resources. Tax Requirements Expense reports are also used for tax purposes.

Real-time Visibility 52

Real-time Visibility Management Purchasing Budget 52

Empowering CPO

JUNE 26, 2023

Introduction In today’s dynamic business landscape, effective procurement strategies are crucial for organizations to achieve sustainable growth and maintain a competitive edge. Data-driven Decision Making In today’s data-driven world, the role of data in procurement has become increasingly significant.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Collaboration 40

Planergy

FEBRUARY 9, 2023

Download Free Copy Travel and Expense Policy: What Is It, Example Template, and Best Practices Written by Milos Karadzic 20 min read Expense Management Expense Reporting Process & Procedures Download PDF IN THIS ARTICLE What Is a Travel and Expense Policy? Fraud prevention. Why You Need a Travel and Expense Policy?

Purchasing 52

Purchasing Purchase orders Management Budget 52

Pipefy

FEBRUARY 3, 2023

Invoices provide procurement teams the ability to leverage information from past purchases to better inform future purchases. Reduced fraud risks According to a 2020 report by the Association of Fraud Examiners, it’s estimated that organizations lose up to 5% of revenue due to fraud each year.

e2e 59

e2e Management Purchase orders Real-time Visibility 59

Planergy

APRIL 19, 2023

Download Free Copy Accounts Payable: What Is It, Definition, Job Description, Process, and Software Written by Keith Murphy 32 min read AP Automation Invoice Processing Process & Procedures Download PDF IN THIS ARTICLE What Is Accounts Payable? If the invoice data matches.

Purchasing 52

Purchasing Suppliers Contract Risk 52

Supply Chain Game Changer

JANUARY 12, 2021

One of our most popular articles is Freight Forwarding scams. So let’s discuss Supply Chain scams and fraud. TV shows, whether on cable or streamed, are full of stories about scams and fraud. Businesses are equally subject to scams and fraud, theft and cyber crime. Fraud Triangle.

Supply chain 57

Supply chain Real-time Visibility Supply Inventory 57

Procurement Software

MARCH 11, 2022

I see lots of congratulatory posts on social media about various procurement technology companies that have made the Spend Matters 50 To Know, 50 To Watch and ProcureTech 100 lists. First of all, my congratulations to all of the procurement tech companies out there that have made those lists. This is an annual occurrence.

supply chain software solutions 52

supply chain software solutions Agile and Lean Supply Chain Procurement Supply Chain Efficiency 52

Procurement Software

MARCH 11, 2022

I see lots of congratulatory posts on social media about various procurement technology companies that have made the Spend Matters 50 To Know, 50 To Watch and ProcureTech 100 lists. First of all, my congratulations to all of the procurement tech companies out there that have made those lists. This is an annual occurrence.

supply chain software solutions 52

supply chain software solutions Agile and Lean Supply Chain Procurement Supply Chain Efficiency 52

Procurement Software

JULY 18, 2023

When you think of the best purchasing software solutions for SMEs, or procurement tech in general, you probably think “expensive” This list of 15 procurement tools specifically targeted to smaller and growing businesses will prove it’s not so. Procure-to-Pay (P2P) 3. How do you define an SME?

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Procurement Software

MARCH 5, 2024

US procurement startups are killing it. There are so many, in fact, that we expanded our article to include 25 of them. What started out as a top 10 article quickly became obvious that we needed to cover more! Let’s have a look at the who’s who in the American procurement startup space. Hot diggity dawg!

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Planergy

NOVEMBER 24, 2022

As a procurement professional, you know that managing invoices can be a time-consuming and tedious process. Finally, by automating this process with spend management software, businesses can free up time and resources that could be better spent elsewhere. You might even outsource it to a third-party provider. Related Posts.

Purchase orders 52

Purchase orders Management Real-time Visibility Purchasing 52

Procurement Software

JULY 4, 2023

Digital procurement tools offer buying teams a once-in-a-generation opportunity. But, by eliminating a lot of tactical workload, it can free up valuable resources to concentrate on what moves the needle. But, by eliminating a lot of tactical workload, it can free up valuable resources to concentrate on what moves the needle.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement supply chain budgeting 52

HICX

MARCH 30, 2023

In this article, we discuss how segmentation can be applied to the growing number of use cases that are emerging in the Procurement function, with guidance on how the segments may be defined, how they can be used in the execution of initiatives and the wider benefits that result.

Suppliers 52

Suppliers Supply Chain Efficiency Data supply chain budgeting 52

Procurement Tactics

JULY 11, 2022

33 Procurement Interview Questions in 2022. Procurement Case Studies – 10 Insightful Examples. For this article, we will check ten negotiation and procurement case studies that can give you insight into how to negotiate with the other party. per share was just to hold onto the financial resources of Amazon.

Negotiation 130

Negotiation Procurement Bidding Ethics 130