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8 Procurement Software Best Practices For 2025

ivalua

In this post, we’ll break down proven strategies to help you streamline processes, improve visibility, and take back control of your procurement stack. All of these processes are critical components for managing procurement activities strategically. Key Takeaways What is Procurement Software – and why is it important?

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Choosing the Right Source-to-Contract Solution: A Guide for CPOs

ivalua

Key Takeaways S2C platforms optimize procurement efficiency, reduce costs and risk, streamline supplier relationships, and improve contract compliance with automation and real-time data visibility. Proactively mitigating supplier and business risks through improved visibility.

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Aligning Finance and Procurement to improve expense management for financial forecasting and control — Phase 4: Leveraging technology

Spend Matters

When applied thoughtfully, modern tools enable real-time control, streamline policy enforcement and embed financial accountability into everyday behavior. They: Provide visibility into pre-approved trips and expense requests. Flag or block out-of-policy categories in real time (e.g., luxury travel, alcohol).

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Procurement Technology: Enterprise Solutions Driving Efficiency and ROI

ivalua

Enterprise procurement leaders are under more pressure than ever—juggling cost control, compliance, supplier risk, and internal complexity, all while trying to modernize outdated systems. It forms the foundation of digital procurement, enabling better spend visibility, improved compliance, and faster, more efficient operations.

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The Role of AI in Sourcing and Procurement: Benefits, Use Cases, and Roadmap

ivalua

Learn about Ivalua’s AI-powered virtual assistant and how it can help you save time, reduce risk and improve decision-making across the source-to-pay lifecycle. Inefficiencies are baked into the procurement process, wasting time and budget while leaving the door open to errors such as missed deadlines or incorrect orders.

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AI in procurement: How different industries are harnessing its power

Spend Matters

With raw materials, equipment and maintenance making up the bulk of their expenditures, procurement professionals in manufacturing are turning to AI to gain deeper insights and stronger control over their supplier networks. This means better compliance, fewer disruptions and greater efficiency in managing supplier relationships.

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Procurement transformation starts with getting your house in order – not buying tech

Spend Matters

Spend Matters has been speaking with procurement practitioners and solution providers to get a wide view of how procurement and digital transformation is happening in the real world. Usually, she tells us, its not until something breaks that the trigger for change is set something going wrong is a great motivator for change.