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.

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Pipefy

JANUARY 31, 2023

This complexity creates headaches for procurement teams and fuels an error-prone and resource-consuming approval loop that obstructs visibility into the approval process. The report also found that of the top five biggest day-to-day pain points experienced by buyers, 29% reported complex approval processes.

Purchasing 52

Purchasing Purchase orders Real-time Visibility e2e 52

Empowering CPO

JULY 2, 2023

Volatility of Market Conditions: Changes in market conditions such as fluctuating commodity prices, exchange rates, and geopolitical situations can impact suppliers and create risks that are hard to predict and manage. The consequences of not managing these supplier risks effectively can be severe.

Risk management 40

Risk management Risk Suppliers Management 40

Procurement Software

JULY 25, 2023

Plus, we can also perform the entire end-to-end research, due diligence and hold your hand during the sourcing process for your procurement software. Tech can indeed provide the solution to certain data challenges, such as a contract management system or a vendor intake and central repository for master data.

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Procurement Budget Data Suppliers 52

Procurement Software

MAY 16, 2023

SMEs are unlikely to see an ROI on procurement software unless it’s a lower-priced software with relatively basic functionality. Mid-market businesses, on the other hand, could invest in this software and easily see a quick return if they have the right change management and procurement talent in place.

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Procurement Purchase orders Real-time Visibility Purchasing 96

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

ivalua

APRIL 6, 2021

A Guide to Contract Management Tools and Processes including a guide to the key steps of the Contract Lifecycle Management Process and to the benefits that using Contract Management software can bring to your Procurement processes. An Overview of Contract Lifecycle Management.

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Procurement Software

FEBRUARY 6, 2024

The company offers a simple and competitively priced contract management solution. These centralise all your company’s contract documents, giving you a top-down view of the entire contract portfolio. Their pricing is transparent and you can also use a free version to store limited contracts with just one user.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Negotiation 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 60

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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?

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Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Pipefy

JANUARY 31, 2023

Procurement risks occur wherever visibility and control are limited. Purchases that evade compliance policies occur when visibility is limited by data or collaboration silos. That happens because process structure and visibility don’t evolve fast enough to match the scale of procurement.

Risk 52

Risk Procurement e2e Purchase orders 52

Procurement Software

FEBRUARY 20, 2024

Feature highlights include: Easy to use five-category classifications, best in class enterprise taxonomy, the ability to gain insights from trend analysis and organisation behaviours, 100% spend visibility and proprietary machine learning algorithms designed to deliver accuracy. M&A) The solution gives you full spend visibility.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

Procurement Software

MARCH 5, 2024

The software was founded by a group of seasoned procurement professionals who have developed a full-suite spend management platform with two overriding principles: time to value and ease of use. FRDM FRDM is a software company specialising in supply chain risk management. The platform combines company, employee and customer data.

Real-time Visibility 52

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

Pipefy

JUNE 15, 2023

This end-to-end system’s built-in collaboration and data analysis tools eliminate process friction commonly created by manual or disjointed workflows. Procurement organizations are primarily measured by cost savings, making it imperative for them to reduce purchase prices as much as possible.

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Procurement Software

JANUARY 23, 2024

If you’re a consultancy, an investor, or a solution provider and need to do deeper analysis of the market, we also offer subscriptions to our back end database , with all data points searchable. Inhubber Inhubber is a contract management and digital signature platform powered by blockchain and AI.

Procurement 52

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

Pipefy

JANUARY 5, 2023

Other motives for automating procurement include solving for high error rates, reducing manual work, and adding visibility to the different workflows and processes that fall under the procurement process umbrella. Enhancing visibility and control. Enhancing visibility and control. Managing procurement is a complex undertaking.

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Procurement Software

JULY 18, 2023

Procoto offers features including: Strategic sourcing Smart databasing Workflow approvals RFP management Data transformation The platform’s tools and analytics aim to level the playing field between small and large companies – giving leverage to SMEs. It gives you full visibility of your spend data, all in one place.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Empowering CPO

JUNE 25, 2023

Spend analysis provides an in-depth view into a company’s procurement activities, offering insights into what is being purchased, from whom, by whom, and at what price. Today’s spend analysis tools are cloud-based platforms that provide end-to-end spend analysis capabilities.

Procurement 52

Procurement supply chain budgeting Real-time Visibility Supply Chain Efficiency 52

Procurement Software

JULY 4, 2023

Ultimately, digital procurement enables organisations to enhance the overall procurement experience, as well as increase efficiencies and transform their end-to-end procurement function. Blockchain can be used across various industries, including both finance and end-to-end supply chain management.

Supply Chain Efficiency 52

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

The Procuretech Podcast

APRIL 12, 2022

Often a procurement professional will not feel comfortable negotiating certain (more legal-specific) clauses in a contract. Especially if they don't have a formal procurement or contracting background and have not been trained in commercial contract management. Who would Avvoka be suited to? Stay in touch!

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