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What is a Purchase Requisition? Definition and Process

ivalua

A critical but often overlooked step in managing spend, enforcing policy, and gaining visibility across the procurement process, creating a purchase requisition is the first step in the process. Manual requisition workflows can lead to delays, unapproved spend, and poor visibility. When does a purchase actually begin?

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Source-to-Pay Tools for Enterprise Procurement

ivalua

It requires you to juggle multiple priorities: unifying systems, improving visibility, reducing risk, and proving ROI across every stage of the procurement process. Cost savings and reduced maverick spend: By improving visibility and control, S2P tools help enforce purchasing policies and drive contract compliance.

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Procurement Technology: Enterprise Solutions Driving Efficiency and ROI

ivalua

Modern platforms unify the entire Source-to-Pay lifecycle, offering real-time visibility, integrated compliance controls, and advanced analytics across sourcing, contracts, and payments. It forms the foundation of digital procurement, enabling better spend visibility, improved compliance, and faster, more efficient operations.

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Understanding the Total Economic Impact™ (TEI) of Ivalua

ivalua

393% ROI from process automation, better visibility, and replacing old systems. Reductions in procurement overhead, coupled with increased spend visibility, innovation opportunities, and streamlined supplier engagement. These disjointed processes introduced inefficiencies, increased human errors, and limited visibility into spend.

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Case Study: DSV Implements a Single-Instance Control Tower with a Global Footprint

After having opened a new warehouse in Johannesburg - the largest integrated logistics center on the continent - a multi-national FMCG Healthcare company approached DSV South Africa (SA) for services across the end-to-end supply chain. At the time, each unit had its own team operating according to their own systems and processes.

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Digital Procurement for Enterprises: Key Challenges and Critical Capabilities

ivalua

Unfortunately, outdated tools and fragmented processes make it difficult to maintain visibility across the supply chain and adapt at the pace of business. Key Takeaways Legacy procurement processes limit scale, speed, and visibility, making it harder to manage risk, compliance, and costs.

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Direct vs Indirect Procurement: Key Differences, Challenges, and Opportunities

ivalua

Key Takeaways Unified sourcing platforms help connect planning, sourcing, and spend visibility for both procurement types, driving efficiency and competitive advantage. Capturing off-contract or “maverick” spend provides visibility into gaps and opportunities for consolidation. What Is Direct Procurement and How Does It Work?

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The Easiest Platform to Manage Shipments

As a result, shippers are dealing with high freight costs, late shipments, lack of visibility, process inefficiencies, and other complexities.

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The Art of Consistent Perfect Order Delivery: Smart Order Fulfillment Through Orchestration

Even among businesses that use cloud-based dynamic technology, few rated their end-to-end visibility, integration, and interoperability as excellent. Close to half of respondents rely on legacy frameworks, spreadsheets, and on-premise ERPs. So, what's going on?