Remove Contract management Remove Eprocurement Remove Spend management
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Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

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2023 Ivalua NOW Nashville: Recap + Photos!

ivalua

Ivalua Spend Management Insights [ivory-search] 2023 Ivalua NOW Nashville: Recap + Photos! This year, our discussions covered Invoice Automation, Scope 3 Emissions, Contract Management, Supply Chain Collaboration, Indirect/Services Procurement, and Supplier Management–Customer of Choice.

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Top Competencies of Procurement Professionals

NLPA (Next Level Purchasing Association)

Improve spend management by implementing a buying plan Effective spend management is crucial for any organization’s financial health. Additionally, organizations may struggle to manage their contracts effectively without contract management software, resulting in non-compliance and legal risks.

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How to Bring More Spend Under Management

Una

This could be accomplished through employee education, contract management, supplier engagement, sourcing strategy , catalog management, or technology implementation. Long-term historical data is especially beneficial when it comes to performing accurate spend analyses. Another viable option? Una can help.

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Establishing Procurement as a Competitive Advantage

ivalua

Most leaders seem to track their progress with metrics such as percent of spend managed and digitization levels, defining best-in-class as being the top quartile or similar high percentage. Being on par with your top competitors does not give you a true competitive advantage.

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Lessons from the Latest Forrester Wave Reports

ivalua

The first, authored by Duncan Jones and published on December 10, is The Forrester Wave™: eProcurement Platforms, Q4 2019 , which covers purchasing and invoicing (similar scope to Gartner’s P2P Suites Magic Quadrant ). In the Forrester reports, Ivalua and Coupa appear as leaders in both the S2C and eprocurement Wave reports.

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How to ride the Source to Pay Wave? 4 Lessons you can learn from Forrester

ivalua

The first, authored by Duncan Jones and published on December 10, is The Forrester Wave : eProcurement Platforms, Q4 2019 , which covers purchasing and invoicing (similar scope to Gartner’s P2P Suites Magic Quadrant ). In the Forrester reports, Ivalua and Coupa appear as leaders in both the S2C and eprocurement Wave reports.

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