article thumbnail

Revolutionizing tail spend management

Spend Matters

In today’s business landscape, effective digital procurement strategies are vital for organizations to optimize spend, enhance operational efficiency and address risk while maintaining an ideal user experience. One area of significant potential that is often overlooked is tail spend management.

article thumbnail

Spendflo: Vendor Analysis — SaaS buying and management solution overview, roadmap, competitors, tech selection tips, analyst summary

Spend Matters

Software procurement is complex, and buyers are often ill informed about considerations specific to buying SaaS, such as contract terms, licenses, pricing and technical expertise. SaaS management and buying tools such, as Spendflo, address the lack of buyer visibility.

e2e 77
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Procurement Software

SMEs are unlikely to see an ROI on procurement software unless it’s a lower-priced software with relatively basic functionality. 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.

article thumbnail

7 Best Procurement Tools to Streamline Your Business Processes

Pipefy

This process grants transparency and visibility into purchase orders and approvals to a sometimes surprising degree. When properly equipped with the right platforms, procurement teams can achieve benefits such as increased efficiency and productivity, cost savings, better supplier management, and improved process visibility and transparency.

article thumbnail

13 Best Contract Management Software for the Mid-market

Procurement Software

SMEs are unlikely to see a decent ROI on contract management software, unless it’s a lower-priced software with relatively basic contract repository functionality. SimpliContract SimpliContract is a SaaS-based, AI-powered end-to-end enterprise contract authoring and lifecycle management platform.

article thumbnail

What Does Finance Think of Procurement?

Arkestro

Purchase Price Variance: How efficient is the procurement team at negotiating on price? Limited Risk Transparency When it comes to where the majority of direct spending comes from, 70% of CFOs feel they have good visibility into top tier suppliers. First, both organizations need to understand each other more clearly.

article thumbnail

The 25 Hottest US Procurement Startups

Procurement Software

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. Raindrop has also been recognised as a cloud-enabled procurement focused Contract Lifecycle Management (CLM) application. It also tracks wear & tear, monitors capacity, and allows for budget management.