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Procurement Tactics
DECEMBER 20, 2022
Contract Lifecycle Management Software — The Ultimate Guide of 2023. Integrating contract lifecycle management software is one of the best ways to manage contracts in a company. In this article, we will discuss what contract lifecycle management software is.
Procurement Tactics
MAY 24, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Vendor Scorecards — Everything You Should Know Vendor scorecards simplify vendor management and are an important factor in monitoring supplier performance. However, what is it?
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Procurement Software
MAY 16, 2023
Buying Procure-to-Pay software (P2P) can bring huge benefits to your business. What factors determine good procurement software for the mid-market? SMEs are unlikely to see an ROI on procurement software unless it’s a lower-priced software with relatively basic functionality. What is considered a mid-market business?
TYA Suite
MAY 14, 2023
But now, even small to medium sized businesses are considering to implement a procurement software that helps them generate procurement ROI. At this point, purchase managers must prioritise maximising procurement ROI. Best practises for procurement procedures necessitate a strong management foundation.
Procurement Software
JUNE 20, 2023
The contract management software market is hot right now. Organisations seem to have finally realised that they’ve suffered from having a “desk drawer” approach to contracts. Being able to manage your contracts in one place, author them, approve them and sign them is a massive productivity boost.
Procurement Software
MARCH 19, 2024
Through the trials they performed with generative AI, it has shown that poor customer data quality at line item level is no longer a significant obstacle to enabling correct data classification the first time. It will take time before we have dedicated generative AI-driven procurement software.
IBM Supply Chain Blog
FEBRUARY 13, 2024
You can read more about preparing for the FSMA here or try our FSMA 204(d) compliance module for free. Cost savings Selecting suitable suppliers to meet long-term business needs often results in contracts with more advantageous pricing and payment terms (like bulk pricing and reduced fees).
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