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. Consolidating all P2P activities in one place will provide a better experience for employees, requesters, and suppliers. Supplier performance management.

Agile and Lean Supply Chain 52

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

Procurement Tactics

JULY 2, 2023

This enables necessary adjustments to be carried out in line with the budgetary constraints, therefore, helps prevent potential excessive spending. Supplier Selection Another key factor to consider when making a successful job order is by identifying the right supplier for your procurement. A clear budget 4.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Zycus Cognitive Procurement

JULY 30, 2021

SUPPLIER RELATIONSHIP MANAGEMENT (SRM) MATURITY IS CORRELATED WITH PROFITABILITY. Hence, procurement teams are compelled to scale up, scale down, pause, or even accelerate processes depending on the market situation and current supplier dynamics. Concerns around supplier data integrity.

Supplier relationship management 52

Supplier relationship management Suppliers Management Procurement 52

NLPA (Next Level Purchasing Association)

JULY 20, 2023

The Impact on Procurement & Purchasing Teams Managing spend has a direct impact on the success of Procurement & Purchasing Teams. Resource Allocation: By strategically managing spend, teams can allocate resources in a way that aligns with the organization’s objectives and priorities.

Management 40

Management supply chain budgeting supply chain software solutions Spend management 40

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

This strategy unlocks benefits like cost reduction, risk management, and strong supplier relationships. Identify areas of highest spending and categorize them to understand buying patterns. Risk Management Strategies : Supplier qualification processes ensure reliability and quality.

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52

Spend Matters

JULY 10, 2023

It covers the S2P process, including sourcing, SxM, contract management, AP automation, payments and spend management. It also integrates ESG into its spend and supplier management. Proactis is one such suite vendor.

Market analysis 80

Market analysis e2e Contract management Spend management 80

ivalua

FEBRUARY 27, 2023

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.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Zycus Cognitive Procurement

JANUARY 31, 2023

As businesses strive to remain competitive in times of economic uncertainty, there is an increased need for effective supplier relationship management. A strong collaboration between the purchaser and suppliers can result in lower costs and better quality products, while driving innovation.

Supplier relationship management 40

Supplier relationship management Suppliers Management Supply Chain Efficiency 40

Spend Matters

JANUARY 5, 2024

Spend Analytics AnyData Solutions is used for spend analytics, contract management, supplier relationship management and ESG/performance tracking. While the solution addresses direct, indirect and services spend, most customers primarily use PayEm for indirect and services I2P and spend management.

e2e 75

e2e Procurement supply chain software solutions Contract 75

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.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

Pipefy

NOVEMBER 24, 2023

Procurement solutions encompass a wide range of specific functions due to the many aspects of the procurement process, including purchase requests centralization, procure-to-pay, sourcing, budget management, supplier management, and forecasting. E-procurement software also supports the specification phase of procurement.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Arkestro

MARCH 27, 2024

Regardless of industry, procurement buyers fulfill their role by finding the best suppliers, negotiating contracts, and identifying the most cost-effective, timely procurement of goods. The best procurement buyers have a solid understanding of market trends, supplier performance, and ethical sourcing.

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

Spend Matters

AUGUST 3, 2022

The coming wave is perhaps best illustrated by the vendor that acquired the largest share of the procurement technology market by pioneering the very concept of “spend management” and an S2P suite: SAP with its acquisitions of SAP Ariba, Fieldglass (for contingent labor spend management) and Concur (for “expense management”).

Sourcing 79

Sourcing Spend management Procurement supply chain software solutions 79

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

To succeed in this field, procurement professionals must possess a variety of competencies, ranging from negotiation and supplier management to risk assessment and financial analysis. Improve spend management by implementing a buying plan Effective spend management is crucial for any organization’s financial health.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

ivalua

NOVEMBER 20, 2019

Paris, France – 20 November, 2019 – Ivalua, a global leader in Cloud Spend Management solutions and its key consulting partner Kronos Group have joined forces to successfully deliver Purchase2Pay & Contract Management at H.Essers, a major logistics service provider.

Contract management 22

Contract management Contract Management Market analysis 22

ivalua

AUGUST 17, 2021

Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier. Monitoring and measuring value is where the procurement organization takes a holistic view of the Source-to-pay process and supplier relationships. What is Direct Procurement?

Procurement 130

Procurement Procurement team Sourcing Supplier relationship management 130

Procurement Software

JUNE 13, 2023

DeepStream DeepStream Technologies is a rapidly growing source-to-contract software based in London, providing an e-sourcing and contract management platform. They place a high focus on providing a great user experience and easy onboarding for suppliers. Furthermore, ProcurePort offers custom auction SaaS solutions.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

ivalua

MAY 17, 2023

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.

Supply chain resilience 130

Supply chain resilience Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 130

Procurement Software

JULY 18, 2023

We also touch on a few more niche solutions for SMEs, for example project management software, supplier intake, accounts payable automation, “build-a-bot”, as well as a negotiation planning guidance tool. The platform also offers inventory management and tracking, as well as solutions for supplier and user management.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

ivalua

APRIL 5, 2023

Ivalua Spend Management Insights [ivory-search] 2023 Ivalua NOW Paris: Recap + Photos! Our speakers covered: Scope 3 emissions, Invoicing, Supply Chain Resilience, Contract Management, Supplier Management, and the Procure-to-Pay Roadmap.

Innovation 130

Innovation Collaboration Supply chain resilience Networking 130

Pipefy

DECEMBER 20, 2023

Supplier lead time Supplier lead time refers to the time it takes a supplier or vendor to fulfill a purchase order. This KPI is a key element of supplier management because it can indicate whether a supplier or vendor is performing above or below expectations.

Procurement 52

Procurement Purchase orders Contract Purchasing 52

Una

DECEMBER 20, 2022

While the definition can vary, it’s generally defined as the percentage spend that falls under procurement’s management. Some organizations define SUM as any spending that leverages preferred supplier contracts. Below, we outline how to bring more spend under management using six of the best practices. .

Management 98

Management Buyers Procurement team Contract 98

Barkers Procurement

JUNE 21, 2023

The concept of an overarching Business Spend Management platform (BSM) is a relatively new and compelling concept, championed by our partners at Coupa, and is just as strategically important as your ERP, MRP or CRM systems. Suppliers can be classified, tracked against performance targets and measured all under one single platform.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Budget Procurement team 52

Procurement Software

FEBRUARY 20, 2024

Weproc Weproc is a small French company offering a SaaS eProcurement software with a focus on purchasing and spend management. Weproc aims to facilitate the management of Purchase Orders and invoices through a simple and efficient interface. Thinking Machine offers a quick way to identify discrepancies in supplier invoices.

Supply Chain Efficiency 59

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

Procurement Software

MARCH 11, 2022

You don’t have time, resources or expertise to do full-blown tenders for key supplier contracts? You’re relatively early into a poorly negotiated multi-year contract that you weren’t involved in, with no opportunity to terminate it? There are still plenty of opportunities still lurking in your contracts which can be exploited.

Contract 52

Contract Contract management Negotiation Supplier relationship management 52

Procurement Software

MARCH 11, 2022

You don’t have time, resources or expertise to do full-blown tenders for key supplier contracts? You’re relatively early into a poorly negotiated multi-year contract that you weren’t involved in, with no opportunity to terminate it? There are still plenty of opportunities still lurking in your contracts which can be exploited.

Contract 52

Contract Contract management Negotiation Supplier relationship management 52

Planergy

MARCH 2, 2023

The process of tail spend analysis involves analyzing data from various sources, including supplier invoices, purchase orders, contracts, and other financial documents. Having the right information and insights is important to make the most of tail spend analysis. This can make it difficult to track and manage.

supply chain budgeting 52

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

Procurement Software

MARCH 5, 2024

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. 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.

Real-time Visibility 52

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

Procurement Software

FEBRUARY 27, 2024

We cover the major differences between procure-to-pay , source-to-pay and source-to-contract in two separate articles. In summary, source-to-pay enables strategic sourcing and supplier selection at the upstream end. Some S2P suites also offer contract management functionality. Many, however, don’t have this as a feature.

Sourcing 52

Sourcing Contract management Price Procurement 52

Pipefy

MAY 23, 2023

Savvy leaders are quickly adopting e-procurement solutions to lower the time, costs, silos, and strained supplier relationships that plague manual operations. Supplier relationship management Tension is never pleasant, but only those procurement professionals who pinpoint lacking supplier relationships can evaluate and rectify the situation.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Procurement Software

MARCH 28, 2023

Around 60% of a company’s revenue is spent on goods and services from external suppliers in most mature businesses. But how much of this is sourceable spend? And how much of what your organisation purchases is actually spend that’s addressable, or currently being actively managed? For example, did you know that a 2.5%

Contract 52

Contract Purchasing Procurement team Purchase orders 52

Una

OCTOBER 9, 2023

Strategic sourcing has become a pivotal approach to procurement, offering a pathway to significant cost savings , enhanced supplier relationships, and optimized sourcing practices. At its core, strategic sourcing formalizes the process of finding, assessing, and choosing suppliers. Improved Compliance Compliance is necessary.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Jaggaer

JUNE 11, 2020

With the current global economic circumstances, it should come as no surprise that businesses across all industries are looking for real time solutions to aid their procurement process by identifying cost reduction and spend management opportunities as a priority. Spend analysis is a piece of the much larger field of spend management.

Real-time Visibility 52

Real-time Visibility Procurement Spend management Supply Chain Efficiency 52

Procurement Software

APRIL 23, 2024

The company offers a comprehensive suite of tools that enable procurement teams to collect and merge spend data, maintain an accurate spend taxonomy, and generate actionable insights for strategic decision-making. Key Data: Founder / CEO: Daniel Demuth Date Founded: 2020 Visit ivoflow profile in our Software Finder 7.

supply chain software solutions 52

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

ivalua

JANUARY 29, 2020

For the vast majority of organisations, suppliers must play their part when it comes to agile business and speed to market. That requires extraordinary work internally and co-ordination with key suppliers. The related objective for that firm is that no less than 70% of those new products should come from supplier-generated ideas. .

Collaboration 213

Collaboration Innovation Agile and Lean Supply Chain Procurement 213

Planergy

JULY 21, 2023

In this article, we will discuss services procurement, how it works, and how to manage it best. Services procurement is acquiring services from external vendors or suppliers to fulfill organizational needs. It involves procuring services from outside sources and managing the relationship with supplier or service provider.

Management 52

Management Procurement supply chain budgeting Budget 52

Una

JUNE 15, 2023

The CPO is supported by strategic sourcing managers, category managers, buyers, analysts, contract managers, a compliance officer, an SRM manager, and others as new roles emerge. Others may choose not to outsource anything that needs the human or personal touch such as supplier relationship management.

Procurement 52

Procurement Supplier relationship management Procurement team Contract 52