Procurement Tactics

JUNE 28, 2023

Procurement Tracking is the process of monitoring and managing procurement activities. Contract Management Contract Management is tracking the contractual lifecycle, including contract creation, renewal, and termination dates. What is Procurement Tracking?

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Procurement Tactics

DECEMBER 20, 2022

According to an investment banking company, Goldman Sachs, automating contract management speeds up sales negotiation cycles by up to 50%. Additionally, it removes inaccurate payments by 75 to 90% and decreases the operating and processing costs related to contact management by up to 30%.

Contract 130

Contract Management e2e Contract management 130

Spend Matters

MAY 21, 2024

Our first practitioner-focused viewpoint came from Sören Petsch, head of procurement at end-to-end e-commerce solution Rithum — How intake cuts to the point. Focal Point was created to solve the problem of disconnected data within an organization’s procurement process.

e2e 113

e2e Procurement Contract management Leadership 113

Jaggaer

FEBRUARY 5, 2025

Optimizing source-to-paythrough digital transformation streamlines every stage of your procurement strategy, improving visibility, efficiency, and collaboration. Ultimately, businesses looking to enhance their agility and data-driven decision-making will find significant value in modernizing their S2P workflows.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Procurement Insights

MARCH 27, 2025

AdaptOne could provide significant value to Byrne Dairy , a food and beverage company, by optimizing and digitizing its procurement operations particularly in supplier management , compliance tracking , and procurement workflow visibility. Impact: Centralized procurement ecosystem, data consistency, and reduced duplication.

Real-time Visibility 52

Real-time Visibility e2e Suppliers Supply Chain Efficiency 52

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.

Contract management 52

Contract management Contract e2e Management 52

ivalua

MAY 15, 2022

They’re also ramping up usage in contract management. . To address their gaps, Amrest is building an end-to-end procurement process that covers all of their businesses and each unique challenge these operations face. One View to Connect Procurement and Finance: Addressing the Visibility Gap and the Liquidity Gap.

e2e 130

e2e Procurement supply chain budgeting Purchasing 130

ivalua

MAY 15, 2022

They’re also ramping up usage in contract management. . To address their gaps, Amrest is building an end-to-end procurement process that covers all of their businesses and each unique challenge these operations face. One View to Connect Procurement and Finance: Addressing the Visibility Gap and the Liquidity Gap.

e2e 130

e2e Procurement supply chain budgeting Purchasing 130

ivalua

MARCH 9, 2023

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ The Source-to-Pay process itself is quite broad but it covers most if not all the aspects of a procurement organization, at least from a process and technology perspective.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

World of Procurement blog

MAY 8, 2024

Introduction to Contract Management Contract management is the process of systematically and efficiently managing contract creation, execution, and analysis to maximize operational and financial performance at an organization. Negotiations may be required to create new contracts.

Contract management 52

Contract management Contract Management e2e 52

Procurement Insights

MARCH 25, 2025

ANSWER #1 AdaptOne could provide significant value to Byrne Dairy , a food and beverage company, by optimizing and digitizing its procurement operations particularly in supplier management , compliance tracking , and procurement workflow visibility. Impact: Centralized procurement ecosystem, data consistency, and reduced duplication.

Real-time Visibility 60

Real-time Visibility e2e Suppliers Contract 60

Pipefy

APRIL 22, 2025

That includes: Strategic sourcing (finding and evaluating suppliers) Contract management Purchase requests and approvals Order issuance and receiving goods/services Invoicing and payment Its a process that crosses departments and requires smooth coordination and thats exactly where both the friction and the opportunity show up.

Sourcing 59

Sourcing Real-time Visibility Procurement e2e 59

Spend Matters

JULY 10, 2023

The complexity of S2P with its use of multiple systems to address each aspect it covers, manual processes, data quality issues and process variations can make managing the end-to-end process difficult. Organizations need to invest in technologies that improve visibility and control over the entire S2P process.

Market analysis 98

Market analysis e2e Contract management Spend management 98

IBM Supply Chain Blog

FEBRUARY 28, 2024

Sourcing teams are automating processes like data analysis as well as supplier relationship management and transaction management. For example, the IBM Sterling Transaction Manager automates manual transactions between businesses and suppliers. Now, anyone can follow the full journey of a shrimp through the supply chain.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

Spend Matters

JANUARY 5, 2024

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.

e2e 104

e2e Procurement supply chain software solutions Contract 104

Jaggaer

FEBRUARY 5, 2025

A Complete Guide Strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

Spend Matters

DECEMBER 21, 2023

The era of intelligent procurement We expect 2024 to be the year of intelligent procurement, driven by AI, automation and data analytics. For example, in spend analysis, GenAI offers superior data normalization, savings opportunity detection, forecasting and natural language querying that makes deriving insights effortless.

Procurement solutions 113

Procurement solutions Procurement e2e Real-time Visibility 113

TYA Suite

MAY 23, 2025

72% of procurement leaders say vendor data is scattered across tools, emails, and spreadsheets. Vendor informationlike contracts, certificates, and performance reportsis often stored in different places. This includes essential documents such as contracts, pricing, compliance records, and performance reports.

supply chain software solutions 40

supply chain software solutions Management Vendor relationships Real-time Visibility 40

Spend Matters

FEBRUARY 22, 2024

A significant difference of a unified system that provides third-party alignment is the real-time end-to-end visibility it provides to allow for more effective risk monitoring. Integrated AI is improving data collection, analysis, application and overall transparency.

Supply Chain Efficiency 113

Supply Chain Efficiency Real-time Visibility Management supply chain software solutions 113

Spend Matters

OCTOBER 19, 2023

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. As the name implies, its founders’ vision is to literally “de-silo” organizations so they can realize the value in their existing data. Today please get to know dSilo.

e2e 113

e2e Contract Contract management Procurement 113

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. How Has Strategic Sourcing Evolved? However, whats really missing hereneeds analysis.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Jaggaer

JULY 7, 2020

Over time, this engagement has expanded globally and is still focused on one of the most testing categories of sourcing and contract management within procurement: transport and logistics. In 2019 the company decided to embark on a project to implement global dashboards for sourcing and contracting events.

Real-time Visibility 52

Real-time Visibility e2e Contract Contract management 52

Supply Chain Game Changer

OCTOBER 28, 2021

Lack of Visibility Beyond Tier 1. According to the 2021 Deloitte Chief Procurement Officer Survey, “Around 70% of CPOs felt that they had good visibility on the risks that existed in their direct (tier 1) suppliers. And, only 15% had visibility into tier 2 or beyond. Dirty Little Secret #1. Dirty Little Secret #2–4.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Procurement Insights

MAY 22, 2025

AI-First Automation: AI is built into every step, simplifying workflows, automating processes, and delivering real-time insights for compliance, onboarding, KYC/AML, contract management, and ESG initiatives. Advantage AI-First Automation End-to-end automation, from onboarding to risk and compliance, with AI at every step.

Supply Chain Efficiency 40

Supply Chain Efficiency supply chain budgeting Stakeholder engagement Agile and Lean Supply Chain 40

Procurement Software

MAY 16, 2023

The software automates workflows and approvals, manages supplier catalogues, and provides real-time analytics for better decision-making. The module also includes features such as contract management, invoice processing, and payment processing. They are not an end-to-end procurement software suite.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

World of Procurement blog

MAY 20, 2024

A dedicated CLM platform provides the automation, control, and analytics procurement teams need to maximize the value of contracts while minimizing risk. With the right CLM solution in place, procurement can achieve end-to-end visibility into the contracting process, reduce cycle times, and eliminate inefficient manual tasks.

e2e 52

e2e Real-time Visibility Procurement Contract 52

Spend Matters

JUNE 19, 2023

Data Modeling The ability to build more sophisticated analyses on cost drivers, demand, contracts, working capital, risk, supply chain and overall procurement performance while maintaining data that is flexible and rich enough to fully support this type of spend analytics.

Real-time Visibility 98

Real-time Visibility Data e2e Quality 98

Pipefy

JANUARY 30, 2024

In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization. Teams will need to rely on greater investments in the right tools and technology to make these optimizations, from no-code automation to AI and data analytics.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

IBM Supply Chain Blog

APRIL 4, 2024

And while enterprise resource planning (ERP) integrates and manages all aspects of a business, BPM focuses on its individual functions—optimizing the organization’s existing, repeatable processes end-to-end. BPM can also provide real-time visibility into claim status and performance metrics.

Real-time Visibility 54

Real-time Visibility Management e2e Supply Chain Efficiency 54

Barkers Procurement

APRIL 7, 2025

Challenge Solution Results Challenge Guide Dogs faced a pressing challengetheir ageing procurement system was nearing the end of its life and needed urgent replacement. While it had served its purpose, this was a chance to modernise, unlocking cost savings, efficiency, and better spend visibility.

e2e 52

e2e Real-time Visibility Spend management Contract 52

IBM Supply Chain Blog

FEBRUARY 13, 2024

Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms. Technology that streamlines and automates transactions and contract management can significantly reduce these errors and expedite sourcing processes.

Strategic sourcing 78

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

Pipefy

JANUARY 31, 2023

Procurement risks occur wherever visibility and control are limited. In addition to time and resources wasted through inefficient workflows, mistakes, and duplicate data entry, an unoptimized P2P process can cost the business in terms of late payment penalties, missed discount opportunities, and its reputation as a reliable buyer.

Risk 52

Risk Procurement e2e Purchase orders 52

Pipefy

NOVEMBER 24, 2023

This process grants transparency and visibility into purchase orders and approvals to a sometimes surprising degree. These tools are classified according to the procurement functions they perform, including contract management, informing, ordering, sourcing, and tendering. What are e-procurement tools?

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Jaggaer

DECEMBER 13, 2024

Or alternatively, as senior managers we only see the end results of procurement as figures on a spreadsheet or a financial statement, with little awareness of how they are arrived at and how they can be improved. To understand whats really going on we need, first, to step back and get a holistic view of the end-to-end process.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

IBM Supply Chain Blog

DECEMBER 13, 2023

Tasks such as vendor selection criteria, contract management and compliance initiatives should be clearly defined. Additional procurement software includes spend analytics tools and supplier relationship management (SRM) software. This is a good time to review current processes and adjust them to suit the new approach.

Procurement strategies 65

Procurement strategies Strategy Procurement Supply Chain Efficiency 65

Empowering CPO

JULY 16, 2023

This is where managed procurement services come into the picture. Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Procurement Software

MARCH 5, 2024

The 25 Hottest American Procurement Tech Startups Before we give you the list, we should briefly touch on what we’ve defined as a “Startup” Less than 50 employees, according to data on LinkedIn. Key Data: Founder / CEO: Anders Lillevik Date Founded: 2020 Visit Focal Point profile in our Software Finder 2.

Real-time Visibility 52

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