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8 Procurement Software Best Practices For 2025

ivalua

In this post, we’ll break down proven strategies to help you streamline processes, improve visibility, and take back control of your procurement stack. Modern procurement automation software helps companies to streamline repetitive tasks, improve cross-team collaboration, and improve visibility across every stage of the buying cycle.

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Mastering Strategic Sourcing: Efficiency and Cost Savings in Procurement

Jaggaer

What Is Strategic Sourcing? A Complete Guide Strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. It is called strategic because it replaces traditional ad hoc approaches to sourcing, which were almost entirely focused on cost savings, item by item.

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The Benefits of Procure-to-Pay

ivalua

At Ivalua, we’ve seen how a Procure-to-Pay business process ensures sustained benefits through good buying practices, improves visibility and swifter issue resolution, and enables proactive management of suppliers. Solution: Automate end-to-end processes. Pain-Point: Manage supplier risk and visibility.

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Strategic Sourcing Success – Techniques Deployed by Leaders in S2P

Jaggaer

Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. How Has Strategic Sourcing Evolved?

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Let’s Get Digital: Introducing your Source-to-Pay Guide

ivalua

A comprehensive Source-to-Pay platform is a critical component of an organization’s IT environment. What is Source-to-Pay? 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.

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Navigating trade turbulence: What tariffs are really exposing in Procurement

Spend Matters

Supplier diversification across geographies to reduce dependency on high-risk sources. Building internal alignment across procurement, supply chain, legal and finance to tie sourcing decisions to tariff cost modeling and compliance. This makes visibility the cornerstone of any viable tariff management strategy.

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AI in procurement: How different industries are harnessing its power

Spend Matters

Supply chain disruptions whether from geopolitical shifts, weather events or logistical breakdowns are nearly impossible for humans to predict alone. AIs role isnt just confined to drug discovery, its also revolutionizing real-time market insights for sourcing critical compounds and navigating the intricate web of suppliers.