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New Year Insights for the procurement solutions and services marketplace 2024: GEP

Spend Matters

In sourcing, the AI can rapidly analyze supplier options based on pricing, quality, sustainability and other factors to identify optimal partners, while also predicting performance to mitigate risk. AI-powered source-to-pay is the future At GEP, we leverage proprietary AI algorithms to streamline all procurement processes.

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Everything You Need to Know About Procurement Solutions

Pipefy

In its long history , procurement has evolved from self-contained purchasing entities to an essential business partner handling processes involving several departments and many subprocesses. Because of this, carrying out its operations manually is time-consuming and incredibly expensive for businesses.

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7 Best Procurement Tools to Streamline Your Business Processes

Pipefy

According to Amazon’s 2024 State of Procurement report, 95% of decision makers believe that procurement has room for optimization. This guide explores the ability of these solutions to improve business efficiency and reduce operational costs, surveys the many types of tools on the market, their benefits, and essential features.

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The 25 Hottest US Procurement Startups

Procurement Software

Multi-functional technology enables you to train anywhere at any time, while ever-learning programming allows you to experiment and practice to achieve different outcomes. LavenirAI allows you to train anywhere, any time, so you can stay at the top of your game.

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The Disruptive Power of Digital Procurement

Una

For old-school procurement professionals , going digital may simply mean moving away from paper-based processes. 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).

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

Procurement Software

It requires a fast return on investment (ROI) and the solution must quickly prove its value to the business. Onventis Onventis provides a Procure-to-Pay module for buyers that streamlines the procurement process from purchasing to payment. It may feel like P2P suites are the sole preserve of large enterprises with huge budgets.

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Predictive Procurement: Overcoming Challenges in Health and Pharma

Arkestro

Here are some challenges in health and pharma procurement—and how to overcome them. Limited Supplier Network. Relying on a limited number of suppliers can lead to back-orders and other delays. Supply Chain Visibility. Supply chain visibility is another critical issue. Managing Supplier Relationships.