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Sustainability in Procurement: Strategies and Challenges

ivalua

Sustainable and socially responsible procurement practices that cover the full spectrum can provide end-to-end visibility that facilitates monitoring and compliance, and delivers continuous value to the business. Among these practices are supplier identification through sourcing, relationship management, and reporting.

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Rev Group Partners with Consus Global to Drive Supply Chain Efficiencies

ivalua

As part of the partnership with Consus, REV has implemented Ivalua, a leading provider of global Spend Management Cloud solutions, to achieve a more focused and faster source-to-contract cycle. 100% visibility of sourcing processes. Ivalua is a leading provider of cloud-based Spend Management solutions.

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Spendflo: Vendor Analysis — SaaS buying and management solution overview, roadmap, competitors, tech selection tips, analyst summary

Spend Matters

SaaS management and buying tools such, as Spendflo, address the lack of buyer visibility. While there are various point solutions in the market to solve the issue of SaaS buying management, Spendflo is particularly helpful as it covers the end-to-end buying journey including managing, tracking and ensuring security.

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Q4 2023 Insider roundup: A deep dive into procurement tech market movements; updated coverage of 15 vendors

Spend Matters

Contract Lifecycle Management Evisort , which was once a promising contract analytics upstart looking to disrupt the market with its strong AI and post-signature capabilities, has evolved into a well-rounded, end-to-end CLM provider that can compete for both mid-market and large enterprise customers.

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The Market Speaks: Procurement practitioner requirements and the tech vendor response — SAP

Spend Matters

What we do know is that supply chains often account for more than 90% of a company’s environmental footprint, and SAP can help provide visibility into the data across this value chain. A few examples include SAP Category Management, buying 360 and SAP Central Invoice Management.

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What Does Finance Think of Procurement?

Arkestro

Limited Risk Transparency When it comes to where the majority of direct spending comes from, 70% of CFOs feel they have good visibility into top tier suppliers. However, just 15% of CFOs feel like they have visibility into tier two suppliers and beyond — a major blind spot. How Can Finance & Procurement Collaborate?

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8 Tips to Help Procurement Optimize Supplier Master Data

ivalua

To cover your full master data needs, Procurement should work with all internal stakeholders to map out the supplier lifecycle from end to end. This cross-functional collaboration is critical for building a complete MDM model with fewer bumps and gaps. Tip #1 – Use holistic data modeling to optimize organizational needs.