ivalua

JUNE 5, 2025

Procurement and purchasing are often used interchangeably, but they serve distinct roles within any successful organization.While both involve acquiring goods and services, their workflows, objectives, and impact on enterprise risk management differ significantly. What is Procurement? What Does Procurement and Purchasing Mean for Enterprises?

Purchasing

Spend Matters

FEBRUARY 13, 2025

This meant that implementing one of the full end-to-end spend management suites was not feasible from a cost and change management perspective. The most significant impact of implementing a spend analytics solution was providing the visibility and details behind the dollars spent on various Indirect spend categories.

Influencing

ivalua

MAY 16, 2025

Rising software costs, lack of procurement oversight, compliance headaches, and clunky vendor management. In this post, we’ll break down proven strategies to help you streamline processes, improve visibility, and take back control of your procurement stack. Sound familiar? If you’ve been feeling the pressure, you’re not the only one.

Real-time Visibility

ivalua

JULY 3, 2025

Direct and indirect procurement are two fundamental approaches in supply chain management, each serving distinct functions within an organization. Both focus on improving efficiency and reducing costs but differ in their strategic approach and impact on the core business operations. What Is Direct Procurement and How Does It Work?

supply chain budgeting

ivalua

MAY 21, 2025

Enterprise procurement teams face growing pressure to deliver strategic value – managing supplier risk, ensuring compliance, and supporting sustainability – all without sacrificing speed or control. Key Takeaways Legacy procurement processes limit scale, speed, and visibility, making it harder to manage risk, compliance, and costs.

Real-time Visibility

Jaggaer

FEBRUARY 20, 2025

What is Source to Pay (S2P)? Everything You Need to Know End-to-end process and end-to-end solution may be one of the most overworked phrases in business and IT. Yet in the case of source to pay, it is wholly justified. Yet there are good reasons to do so. the public sector).

Sourcing

ivalua

JUNE 24, 2025

Disconnected supplier records, inconsistent processes, and limited visibility can impair efficiency and open the door to shadow spend. An ERP-based procurement process helps organizations manage the purchasing process with greater efficiency, accuracy, and control. The issue extends into spend visibility as well.

Procurement

TYA Suite

JUNE 12, 2025

From managing global supplier networks to ensuring regulatory compliance and cost efficiency, the modern procurement landscape is more complex than ever. It offers a smarter, more integrated approach to managing the entire procurement lifecycle, bringing structure, visibility, and agility to every stage of the process.

Real-time Visibility

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration vs. Supplier Relationship Management What good is having the best suppliers if you can’t communicate well enough to leverage their products and skills? The primary goals of SRM are to foster hand-in-glove supplier relationships, manage risk, and optimize the value chain.

Collaboration

Procurement Insights

APRIL 2, 2025

AdaptOne Overview: A supplier management platform focused on diversity, risk, and compliance, often integrated with S2P suites like Coupa or SAP Ariba. Tech Modernization: Automates 70-80% of P2P tasks, cutting $15K-$400K in legacy waste and enhancing visibility across Chevrons operations.

Agile and Lean Supply Chain

TYA Suite

MAY 13, 2025

Typically, a manager or procurement officer will examine the request to ensure it fits within the budget and complies with company policies. Enhanced supplier collaboration through data-driven decisions With the rise of digital tools and analytics, operational procurement management is increasingly data-driven.

Procurement

Pipefy

APRIL 22, 2025

Before we talk about making it smarter, its worth reviewing what the source-to-pay journey actually covers. End-to-End Integration: The Backbone of Procurement Automation A platform is only as good as its connections. In simple terms, it spans the entire process from identifying a purchasing need to final payment.

Sourcing

Procurement Insights

APRIL 1, 2025

Unlike end-to-end Source-to-Pay (S2P) platforms (e.g., sourcing, supplier management, invoicing). AdaptOne for supplier onboarding, GEP for strategic sourcing) rather than purchasing a comprehensive S2P suite with unused features (e.g., ESG tracking, dynamic discounting).

e2e

Procurement Insights

JANUARY 19, 2025

However, a few pioneering solutions began to emerge, laying the groundwork for future advancements: American Management Systems (AMS) Procurement Desktop-Defense (PD) : Overview : AMS developed PD as part of the U.S. Significance : GEAC’s systems were among the early adopters of integrating procurement with financial management.

supply chain software solutions

Finale Inventory

JULY 18, 2025

Discover how inventory planning software and improved lead time management can transform these challenges into competitive advantages. America's aging infrastructure represents a significant barrier to supply chain efficiency, contributing to issues in supply chain management with deteriorating roads, bridges, and rail systems.

supply chain software solutions

TYA Suite

APRIL 13, 2025

Without a proper system, it becomes harder to track budgets, follow company rules, and manage suppliers. Apurchasing systemis a structured workflow business use to manage the acquisition of goods, services, or materials efficiently. They submit a formal request, which managers review for necessity and cost-effectiveness.

Purchasing

Procurement Insights

JULY 1, 2025

Fit Score Link : This translates into high Fit Score alignment in areas like cross-functional collaboration, tech interoperability, and strategic sourcing visibility. Fit Score Link : Agent-based logic contributes to evaluating how flexible and decentralized a platform is—critical for change management and adoption scoring.

Agile and Lean Supply Chain

Procurement Insights

APRIL 9, 2025

Strategic Fit: Amex aimed to build an end-to-end B2B platform (Anna Marrs, Amex), enhancing its supplier-side offerings beyond card issuance. Its spend management was fragmented, often requiring tools like Concur. Supplier Focus: Ramps supplier management is buyer-centric (e.g., PO syncing, bill pay).

Agile and Lean Supply Chain

IBM Supply Chain Blog

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals.

Strategic sourcing

Procurement Tactics

AUGUST 23, 2022

Contract Management Process — Everything You Should Know. The contract management process is an essential part of the organization to handle contracts with its third parties. For this article, we will talk about what the contract management process is. So without further ado, let’s start uncovering contract management. .

Contract management

ivalua

JULY 21, 2021

As part of the partnership with Consus, REV has implemented Ivalua, a leading provider of global Spend Management Cloud solutions, to achieve a more focused and faster source-to-contract cycle. Benefits include: Shortened sourcing cycle times. 100% visibility of sourcing processes. ABOUT CONSUS GLOBAL.

Supply Chain Efficiency

IBM Supply Chain Blog

FEBRUARY 28, 2024

Sourcing is getting smarter. To start, many organizations have already pivoted from a tactical to a strategic sourcing mindset—which can make all the difference when it comes to gaining and retaining a competitive advantage. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation.

Sourcing

Strategic Sourceror

FEBRUARY 3, 2023

As any supply chain professional will tell you, managing various day-to-day operations and keeping track of everything going on in the supply chain are among the most difficult parts of the job. Why is visibility so important? Reduced costs Ultimately, visibility boils down into long-term operational efficiency.

e2e

Procurement Tactics

JUNE 28, 2023

By the end of this article, you will have an idea of the importance of procurement tracking in your business and which procurement tracking software you would want to utilize. Procurement Tracking is the process of monitoring and managing procurement activities. What is Procurement Tracking?

Supply Chain Efficiency

Una

AUGUST 30, 2022

A recent paper from Deloitte has helpfully categorized digital procurement into three areas: automated P2P (Procure-to-Pay), proactive SRM (Supplier Relationship Management), and predictive S2C (Source to Contract). How to Improve Strategic Supplier Relationship Management. Digital procurement game-changers.

Procurement

Supply Chain Game Changer

OCTOBER 28, 2021

Lack of Visibility Beyond Tier 1. According to the 2021 Deloitte Chief Procurement Officer Survey, “Around 70% of CPOs felt that they had good visibility on the risks that existed in their direct (tier 1) suppliers. And, only 15% had visibility into tier 2 or beyond. Change requires Change Management.

supply chain budgeting

Spend Matters

SEPTEMBER 14, 2023

Strategic sourcing remains critical, especially given our inflationary environment. We have also seen a need for change in category management, which was also ranked among the top drivers of digital transformation in procurement. A few examples include SAP Category Management, buying 360 and SAP Central Invoice Management.

Procurement

Jaggaer

JULY 7, 2020

“What’s really beneficial is that we get instant insight into actual versus planned across all of our contracts, is our spend with a particular carrier a lot more or a lot less?” – Srestha Dutta, Global Process & Technology Senior Manager. These should provide end users with visibility across their assigned scope.

Real-time Visibility

Strategic Sourceror

JULY 11, 2022

Automate Source-to-Pay Workflow Increase Workflow Automation When S2P solutions are implemented, organizations can increase the automation of their workflow and reduce critical cycle times. The ease of use, simple implementation, and visibility across robust procurement workflows are unmatched with end-to-end platforms.

e2e

Procurement Software

MAY 16, 2023

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. Above $1 billion businesses are typically a target of established, enterprise source-to-pay and source-to-contract suites.

Procurement

Jaggaer

DECEMBER 13, 2024

The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay Whether youre new to the world of procurement and supply chain management, or a seasoned veteran; whether you work in a major manufacturing industry, a university, or a medium-sized clinical research organization, you may find procurement jargon rather confusing.

Sourcing

Empowering CPO

JULY 16, 2023

Introduction Brief Explanation of Managed Procurement Services In today’s interconnected business world, the seamless acquisition of goods and services is paramount to the smooth operation of any organization. This is where managed procurement services come into the picture.

Supply Chain Efficiency

Supply Chain Game Changer

SEPTEMBER 16, 2020

Women have made tremendous strides in the Supply Chain Management profession. Time was, Supply Chain Management was seen as an outgrowth of a blue collar profession. Logistics Managers, Manufacturing Directors and other Supply Chain leaders often rose from the shop floor, from front-line warehousing and transportation positions.

Supply chain

Empowering CPO

JULY 16, 2023

Introduction Brief Explanation of Managed Procurement Services In today’s interconnected business world, the seamless acquisition of goods and services is paramount to the smooth operation of any organization. This is where managed procurement services come into the picture.

Supply Chain Efficiency

Pipefy

FEBRUARY 13, 2023

Build better workflows with the Definitive Guide to Workflow Management Download now What is the source-to-pay process? Source-to-pay (also known as S2P) is a process within procurement that encompasses activities associated with business and supplier interactions.

Sourcing

Empowering CPO

JULY 2, 2023

The procurement process, which involves sourcing and purchasing goods and services, plays a vital role in ensuring businesses operate efficiently and competitively. Yet, the intricacies of this process, especially in terms of supplier management, can present a myriad of challenges.

Risk management

IBM Supply Chain Blog

DECEMBER 13, 2023

By assessing and proactively managing risks inherent in the supply chain , organizations can shield themselves from disruptions and strengthen the resilience of their operations. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk. Some may not agree with the proposed changes.

Procurement strategies