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Smarter Insights, More Innovative Solutions: Why Procurement Needs a Seat at the Strategy Table

Pipefy

To do this, procurement teams require visibility into their data, control over their processes, and a seat at the business strategy table. By working with procurement, connecting disparate systems, implementing fraud controls for these specific areas, tracking end-to-end vulnerabilities across financial and operational processes is possible.

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What Does Finance Think of Procurement?

Arkestro

Ultimately, both want the same goal — ensuring business outcomes are positive, timely, and on-budget. Without the right communication, priorities, and technology to help, managing the procurement-finance relationship can become unnecessarily complicated. Purchases in Time and Budget: How many purchases are on budget and on time?

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Everything You Need to Know About Procurement Solutions

Pipefy

Because of this, carrying out its operations manually is time-consuming and incredibly expensive for businesses. Savvy leaders are quickly adopting e-procurement solutions to lower the time, costs, silos, and strained supplier relationships that plague manual operations.

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The Month-End Close Process: Everything You Need to Know

Procurify

This guide helps accounting, audit, tax, and finance teams eliminate the struggles of working from home so they can: Develop easy and efficient remote month-end close processes. Improve communication across teams so everybody can save time and stay aligned. Minimize email and switch to efficient real-time collaboration channels.

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Procurement Technology: 6 Solutions You Should Know In 2024

Pipefy

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. 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. Contract and compliance management.

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

ivalua

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?

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11 Best Procure-to-Pay Software for the Mid Market

Procurement Software

Mid-market businesses, on the other hand, could invest in this software and easily see a quick return if they have the right change management and procurement talent in place. The software automates workflows and approvals, manages supplier catalogues, and provides real-time analytics for better decision-making.