Empowering CPO

JULY 2, 2023

One of the key areas we focus on is enhancing supplier risk management through our managed procurement services. Supplier risk management is an integral aspect of procurement, tasked with identifying, assessing, and mitigating risks associated with a company’s supply chain.

Risk management 40

Risk management Risk Suppliers Management 40

IBM Supply Chain Blog

FEBRUARY 13, 2024

They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Technology that streamlines and automates transactions and contract management can significantly reduce these errors and expedite sourcing processes. This technology can also help reduce the risk of regulatory non-compliance.

Strategic sourcing 86

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 86

IBM Supply Chain Blog

DECEMBER 13, 2023

By assessing and proactively managing risks inherent in the supply chain , organizations can shield themselves from disruptions and strengthen the resilience of their operations. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk. Be flexible.

Procurement strategies 73

Procurement strategies Strategy Procurement Supply Chain Efficiency 73

Pipefy

MAY 23, 2023

The risks of errors and bottlenecks alone in manual work make procurement a superb place to begin a digital transformation. Carrying out this process manually makes it susceptible to bottlenecks — (one out-of-office manager can delay the order by days — and introduces costly errors and risks.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Empowering CPO

JULY 16, 2023

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

Empowering CPO

JULY 16, 2023

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 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

Spend Matters

OCTOBER 19, 2023

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. There was still a lack of functionality, particularly in contract management. So we are delighted to introduce you to our Future 5 as we capture their voices.

e2e 97

e2e Contract Contract management Procurement 97

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. Yet only 26% were able to confidently predict risk within their supply bases. Dirty Little Secret #1.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

ivalua

JUNE 11, 2019

Some of the objectives Ivalua typically has together with its Public Sector customers include: More Efficient Government: Make it easier to do business with government, maximizing automation and end-to-end Procurement cycle time.

Procurement 169

Procurement Real-time Visibility e2e Competitive bidding 169

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

Pipefy

JANUARY 31, 2023

These are typically recurring or regular expenses that do not pose risks to the business. This complexity creates headaches for procurement teams and fuels an error-prone and resource-consuming approval loop that obstructs visibility into the approval process. Automatic approvals do not require human intervention.

Purchasing 52

Purchasing Purchase orders Real-time Visibility e2e 52

Pipefy

JANUARY 31, 2023

Procurement risks occur as a result of unreliable purchasing and P2P processes. These processes become unreliable when inefficiencies are not planned for, not identified and dealt with properly and in a timely manner, or when risk assessment and management protocols fail.

Risk 52

Risk Procurement e2e Purchase orders 52

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

Pipefy

JANUARY 30, 2024

From procure-to-pay software to spend management and analysis tools, procurement technologies are disrupting the status quo and bringing efficiency to teams like never before. Contract management Contract management tools help control fragmented data and workflows that make it difficult or impossible to manage contracts.

Agile and Lean Supply Chain 52

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

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. But there’s more.

Contract 130

Contract Management Contract management e2e 130

Spend Matters

FEBRUARY 22, 2024

Working within a resilient global supply chain results in complexities around basic matters like communication, time zones and languages, along with more challenging aspects like risk management, compliance and sustainability. Third-party risk management through a specialized vendor moves beyond the onboarding and intake process.

Supply Chain Efficiency 88

Supply Chain Efficiency Real-time Visibility Management supply chain software solutions 88

Procurement Tactics

OCTOBER 18, 2022

Additionally, it helps companies to streamline supplier selection, supplier onboarding, supplier performance assessment, supplier document management, and other important supplier-related processes. It provides supplier relationship management tools that are designed to make the source-to-pay workflow easy. ProcureWare.

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

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

Real-time Visibility Management e2e Supply Chain Efficiency 60

Procurement Software

MARCH 5, 2024

Their solution is made up of five modules: Payables Supplier management Analytics (spend, contract, and supplier intelligence) e-Sourcing Contract management Key Data: Founder / CEO: Vijay Caveripakkam Date Founded: 2019 Visit Raindrop profile in our Software Finder 4.

Real-time Visibility 52

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

Pipefy

JANUARY 9, 2024

Because of this complexity, it can also be prone to errors, risks, and costly inefficiencies. The benefits include cost savings increase, better decision making and risk management. Smart procurement can leverage automation for processes like contract management, vendor management, request management, and procure-to-pay.

Supply Chain Efficiency 52

Supply Chain Efficiency Agile and Lean Supply Chain Procurement Supply Chain Optimization 52

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. Workfellow offers a next-generation end-to-end visibility into workflows, systems usage, and tasks.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Negotiation 52

Procurement Software

FEBRUARY 20, 2024

It also has an analytics system claiming to focus on risk management rather than retrospective troubleshooting. Weproc offers features for: Procurement Management Product Management Contract Management Supplier Management Budget Management Accounting Basic Analytics Weproc also aims to put user experience first.

Supply Chain Efficiency 59

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

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. This dashboard shows progress bars for each task, resulting in 360-degree visibility over procurement that organizations can use to identify bottlenecks that are impacting efficiency.

Procurement 52

Procurement supply chain software solutions Purchase orders Procurement solutions 52

Empowering CPO

JUNE 25, 2023

It’s a delicate balancing act, where businesses must juggle quality, cost, supplier relationships, and risk management, all while keeping an eye on their bottom line. AI can enhance supplier selection, contract negotiation, and risk management, while blockchain can improve transparency and traceability in the supply chain.

Procurement 52

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

Spend Matters

JUNE 19, 2023

By generating these insights, spend analytics solutions proactively help reduce costs in the form of input costs and unnecessary consumption, mitigate both internal and supplier risk/non-compliance and design better processes, policies and practices. Additionally, top performers advance knowledge management via AL/ML or advanced algorithms.

Real-time Visibility 79

Real-time Visibility Data e2e Quality 79

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

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.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

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

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

The Procuretech Podcast

APRIL 12, 2022

Avvoka as a solution essentially helps to simplify and automate this process by enabling the buyer (or the seller for that matter) to generate a contract template by answering questions as part of a guided process to determine the risk and thus the level of complexity required in numerous different contract scenarios.

Contract 52

Contract Negotiation Buyers Procurement team 52