Procurement Tactics

JUNE 28, 2023

Contract Management Contract Management is tracking the contractual lifecycle, including contract creation, renewal, and termination dates. Compliance with the agreed terms and conditions of a contract, as well as respect for the obligations arising from it, shall also be monitored.

Supply Chain Efficiency 178

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

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 73

Procurement strategies Strategy Procurement Supply Chain Efficiency 73

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

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

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. These solutions also save money on sourcing , which is the process of identifying and assessing suppliers.

Procurement 52

Procurement supply chain software solutions Purchase orders Procurement solutions 52

Empowering CPO

JUNE 25, 2023

Today’s spend analysis tools are cloud-based platforms that provide end-to-end spend analysis capabilities. They are also increasingly integrating with other business systems and technologies, creating a holistic and integrated approach to spend management.

Procurement 52

Procurement supply chain budgeting Real-time Visibility Supply Chain Efficiency 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