ivalua

JANUARY 13, 2021

Eprocurement or e-procurement comes from electronic procurement. Benefits of an eProcurement Solution. Also, an eprocurement solution provides you with clean spend data, which is the basis for a sound spend analysis and eventually relevant category management. Challenge : Integrate to a broad range of legacy solutions.

Eprocurement 235

Eprocurement Real-time Visibility Purchase orders Budget 235

Spend Matters

DECEMBER 7, 2022

Categories: Accounts Payable , Analysis , Procurement Systems & Architecture Tags: Head-to-Head , PRO , SolutionMap AP Automation , SolutionMap AP Automation Premium , SolutionMap Head to Head , SolutionMap Premium Europe was the territory where the first e-invoicing specialists, such as Basware, emerged. Click for more info.

Sourcing 77

Sourcing Data Procurement 77

Spend Matters

AUGUST 8, 2022

However, we have learned with Medius that starting with AP automation could be most beneficial when implementing the e-procurement solution. Medius has proven in our SolutionMap benchmark analysis to have a comprehensive P2P solution that is quite robust no matter where you start your implementation. Read more. ).

Procurement solutions 75

Procurement solutions Procurement Strategy Suppliers 75

ivalua

OCTOBER 21, 2020

The Gartner report evaluated full-suite procure-to-pay solutions from 14 different software vendors across a broad set of criteria, placing Ivalua in the Leaders quadrant based on its ability to execute and completeness of vision. They also improve employee productivity, particularly when employees work remotely.

Procurement 130

Procurement Eprocurement Spend management Leadership 130

Procurement Tactics

AUGUST 24, 2022

Enhanced visibility of order, invoice, and payment status. Reduces paper invoice volume and manual processing. E-invoicing is one of the advantages of the supplier network. However, if you want to realize all the benefits of accounts payable automation, supplier networks only offer a partial solution. .

Networking 130

Networking Suppliers Buyers supply chain budgeting 130

The Procuretech Podcast

APRIL 9, 2024

In this episode of The Procurement Software Podcast, host James Meads explores invoice automation's efficiency in reducing invoicing time and tackling employee retention issues. Tune in and discover how technology such as invoice automation enhances procurement efficiency. It does this by minimizing mundane tasks.

Spend management 40

Spend management Procurement Suppliers Collaboration 40

ivalua

APRIL 1, 2022

The report evaluated 11 procure-to-pay (P2P) solution vendors based on ratings and feedback from end-users with experience using, implementing or operating a P2P solution. P2P suites deliver four primary capabilities: E-purchasing functionality, access to catalog content, e-invoicing and accounts payable invoice automation (APIA). “We

Procurement 130

Procurement Spend management Purchasing Risk 130

Zycus Cognitive Procurement

JUNE 23, 2022

Invoicing is one of the most critical aspects of doing business – how you get paid for the products or services you have provided. Paper invoices are becoming increasingly inefficient and outdated. It is a bygone conclusion that Electronic Invoicing (E-invoicing) is more accurate and efficient and clearly the way of the future.

Networking 52

Networking Procurement 52

ivalua

AUGUST 5, 2020

Taking AP Automation and Invoice Processing to new levels of performance. 70% increase in invoice processing efficiency’ – Crédit Agricole. Embedded smart matching that supports ALL invoice your matching needs. One-click approval for invoices, receipts and exceptions to streamline the journey.

Budget 130

Budget Buyers Collaboration Purchase orders 130

Zycus Cognitive Procurement

APRIL 4, 2022

The growth projections for the APAC region e-invoicing market show a promising trend. ‘In Asia-Pacific, the e-invoicing market is projected to reach US$ 4,217.6 Peppol is the secure framework adopted by InvoiceNow in Singapore to support the data exchange required during E-Invoicing. Mn in 2019.,

Sustainability 52

Sustainability Buyers Strategy Networking 52

World of Procurement blog

APRIL 23, 2024

Procurement Software, also known as e-procurement software, is a digital solution that automates the process of acquiring goods and services. Its functionalities range from supplier management, purchase order management, invoice management, spending analysis, to electronic tendering, and contract management.

supply chain software solutions 52

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

World of Procurement blog

APRIL 23, 2024

Procurement Software, also known as e-procurement software, is a digital solution that automates the process of acquiring goods and services. Its functionalities range from supplier management, purchase order management, invoice management, spending analysis, to electronic tendering, and contract management.

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency supply chain budgeting 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. Below we’ll cover digital procurement solutions, essential features, and their benefits for optimized digital procurement workflows.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Spend Matters

JUNE 19, 2023

Spend Matters is featuring the top 5 digital capabilities of different procurement technologies and what functionality you can expect from average and top performing solutions, leveraging its SolutionMap dataset. In this article, our analyst Xavier Olivera looks at Procure-to-Pay solutions. What does a Procure-to-Pay solution do?

Procurement 76

Procurement Real-time Visibility Purchasing Inventory 76

Spend Matters

JUNE 19, 2023

Spend Matters is featuring the top 5 digital capabilities of different procurement technologies and what functionality you can expect from average and top performing solutions, leveraging its SolutionMap dataset. In this article, our analyst Xavier Olivera looks at E-Procurement. What does an E-Procurement solution do?

Procurement solutions 84

Procurement solutions Procurement supply chain budgeting Real-time Visibility 84

Procurement Software

APRIL 2, 2024

There’s plenty of digital procurement solutions out there for every budget. Digital procurement tools: What can you get for your budget What can different amounts of money buy in terms of different procurement tech applications and solutions that are out there? Sourcing Easy to use, e-sourcing RFP / RFQ tool with modern interface.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

Supply Chain Brain

MAY 6, 2021

Basware, a procure-to-pay and e-invoicing solution, has added diversity data to its Supplier Management solution, allowing customers to identify minority-owned and small business suppliers within their base.

Data 75

Data Suppliers Management Procurement 75

World of Procurement blog

APRIL 23, 2024

This comprehensive guide explores the realm of procurement technology, detailing its types, uses, benefits, and the transition from traditional methods to sophisticated tech solutions. Solutions like Basware Analytics perform this well. We also provide strategic considerations for businesses planning to adopt procurement technology.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Purchase orders 52

Zycus Cognitive Procurement

AUGUST 10, 2021

E-invoicing has now become an imperative for most organizations across Europe. The E-invoicing market in the region is growing at a CAGR of 17.1% On the other hand, for mode of deployment, Cloud providers are reaping benefits of the subscription model, occupying greater market share than On-Premise solution providers.

Suppliers 40

Suppliers Buyers Data Contract 40

Zycus Cognitive Procurement

JANUARY 2, 2023

AP automation solutions are aimed at automating the end-to-end accounts payable process. Such solutions provide capabilities, such as automated workflow, vendor management, and electronic invoicing. There are several benefits to using AI-led AP automation over OCR and intelligent document processing (IDP) solutions.

Cost of ownership 52

Cost of ownership Vendor management Data Risk 52

Barkers Procurement

MAY 11, 2023

Choosing a good P2P software solution helps the organisation to enjoy greater compliance and control when it comes to vendors, contracts, regulations, buyers and accounts payable. Establish the challenges, outcomes and solution requirements, and confirm these and the level of prioritisation with stakeholders. What do you need?

Cost of ownership 52

Cost of ownership Real-time Visibility Purchase orders Procurement strategies 52

Spend Matters

JANUARY 24, 2023

Subscribers to our PRO analyst content and SolutionMap Insider content can read the head-to-head columns, which provide comparative cuts of SolutionMap benchmark data for two solutions. This has changed. Not yet a PRO or SolutionMap Insider member ? Click for more info. Read more. )

Data 76

Data Procurement 76

Zycus Cognitive Procurement

JANUARY 20, 2023

Paperless accounts payable systems are modern solutions that can help enterprises streamline their accounts payable (AP) processes and improve efficiency. With hundreds of thousands to millions of invoices to be processed every year, enterprises often employ dozens of accounts payable executives to do this job.

Real-time Visibility 52

Real-time Visibility e2e Data Suppliers 52

World of Procurement blog

APRIL 23, 2024

Electronic Procurement (e-Procurement) Systems Electronic procurement platforms streamline the purchasing process by allowing businesses to automate operations such as order placement, invoicing, and payment processing. Types of Technology Transforming Procurement 1. They also facilitate quicker contract retrieval and revision.

Supply Chain Efficiency 52

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

World of Procurement blog

APRIL 23, 2024

Electronic Procurement (e-Procurement) Systems Electronic procurement platforms streamline the purchasing process by allowing businesses to automate operations such as order placement, invoicing, and payment processing. Types of Technology Transforming Procurement 1. They also facilitate quicker contract retrieval and revision.

Supply Chain Efficiency 52

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

Spend Matters

JANUARY 5, 2024

Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. A collection of these quick takes, conference insights and solution comparisons is below. Read part 1 here , part 2 here and part 3 here.

e2e 76

e2e Procurement supply chain software solutions Contract 76

World of Procurement blog

MAY 8, 2024

Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. Understanding needs upfront ensures the right suppliers and solutions will be sourced. The procurement team manages the order, monitors quality, ensures on-time delivery, processes invoices, and handles any issues that arise during fulfillment.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Procurement Software

OCTOBER 3, 2023

So, what about the total number of suppliers whose invoices you paid in the last 12 or 24 months? Invoice disputes The more transactional the supplier relationship, the less likely their payment and vendor master data details will be kept up to date in your ERP or P2P system. This can lead to invoices not being paid on time.

Supplier consolidation 59

Supplier consolidation Suppliers Procurement Category management 59

Spend Matters

APRIL 4, 2024

Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. In this quarter, the Spend Matters analyst team builds on this foundation by giving an overview of how vendors have implemented GenAI in their solutions.

Procurement 81

Procurement Risk management Raw materials supply chain software solutions 81

Spend Matters

FEBRUARY 13, 2024

Neither oral nor text-based conversational AI (also known as conversational user experience [CUX] and conversational interfaces [CUI] the latter of which include chatbots) is by no means new, despite the relatively recent prolific uptake by procurement solution vendors. This helps the system to respond more accurately to queries.

Supply Chain Efficiency 81

Supply Chain Efficiency supply chain software solutions Procurement Supply Chain Optimization 81

Planergy

MAY 26, 2023

Download Free Copy Invoice Cycle Time: What Is It and How To Improve It Written by Mary Girsch-Bock 16 min read AP Automation Benchmarking KPIs Download PDF IN THIS ARTICLE What Is Invoice Cycle Time? How Do You Calculate Invoice Cycle Time? What Is the Average Invoice Cycle Time for a Typical Company?

Purchase orders 52

Purchase orders Purchasing Data Management 52

SCMDOJO

FEBRUARY 6, 2024

In the case of industries like e-commerce, where you need to deal with a massive number of different SKUs, quick and error-free material movements, and handling hundreds of logistics teams, the chances of inventory mismatch are even higher. To run a successful business of any size, it is vital to maintain accurate stock.

Inventory 84

Inventory Supply Chain Efficiency e2e supply chain software solutions 84

ivalua

MARCH 14, 2019

Redwood City, CA March 14, 2019 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that the State of Maryland has selected its Source-to-Pay platform to power a new statewide e-procurement system, eMaryland Marketplace Advantage. Media Contact. Michael Gallo. Lumina Communications for Ivalua.

Procurement 124

Procurement Eprocurement Spend management Suppliers 124

Zycus Cognitive Procurement

FEBRUARY 14, 2022

In a report produced by the Aberdeen Group, the best-in-class practices in AP— including automation—can reduce the Invoice processing time by 58% over the industry average. Moreover, Electronic invoice approval can trim invoice processing costs by $5 per invoice. You have high invoice processing costs.

e2e 40

e2e Suppliers Data Purchase orders 40

Zycus Cognitive Procurement

SEPTEMBER 8, 2021

35% of the organizations still spend 10-30 mins time in processing each invoice along with inefficiencies in resolving supplier queries , thus there is a colossal opportunity to improve. With E-invoicing mandates being rolled out by Governments, there is a significant push towards Accounts Payable automation. CONCLUSION.

Real-time Visibility 40

Real-time Visibility Vendor relationships Suppliers Data 40

ivalua

DECEMBER 19, 2018

PKP Energetyka, launched the implementation of Ivalua’s state-of-the-art Procurement and Sourcing solution with the participation of OptiBuy. In recent years, the company has been consistently implementing advanced technological solutions, thus improving the quality, safety and effectiveness of its operations.

Supplier relationship management 100

Supplier relationship management Contract Procurement solutions Buyers 100

IBM Supply Chain Blog

MAY 17, 2024

Key takeaways By implementing effective solutions for AI in commerce, brands can create seamless, personalized buying experiences that increase customer loyalty, customer engagement, retention and share of wallet across B2B and B2C channels. The technology can also provide strategic and personalized financial solutions.

Supply Chain Efficiency 59

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization e2e 59