Spend Matters

FEBRUARY 22, 2024

Working within a resilient global supply chain results in complexities around basic matters like communication, time zones and languages, along with more challenging aspects like risk management, compliance and sustainability. Third-party risk management through a specialized vendor moves beyond the onboarding and intake process.

Supply Chain Efficiency 112

Supply Chain Efficiency Real-time Visibility Management supply chain software solutions 112

TYA Suite

MAY 13, 2025

The need is recognized and communicated to the procurement team to start the process. The procurement team reviews these requests to ensure theyre aligned with the companys budget and strategy. This allows procurement teams to collaborate more effectively with suppliers, identify patterns, and forecast future needs.

Procurement 40

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 40

IBM Supply Chain Blog

FEBRUARY 28, 2024

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. In addition to enhanced decision-making, flexibility and visibility, analytics engines paired with AI can help manage supplier risk.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

Procurement Tactics

AUGUST 19, 2022

Risk management. This process involves evaluating potential risks that could negatively impact the organization. A vendor management system (VMS) is a cloud-based software platform that solves the common problem of organizations such as finding, engaging, and managing their external workforce. SAP Fieldglass.

Vendor management 130

Vendor management Management e2e Negotiation 130

Procurement Tactics

JUNE 28, 2023

Compliance and Risk Management Throughout the procurement process, monitoring compliance with the applicable legislation and regulations is crucial. This includes checking standards of ethics, legal requirements, supplier diversity, and minimizing any risk that may arise in connection with the procurement activities.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

ivalua

DECEMBER 18, 2019

Currency and country exposure — Decreases financial risks by accurately tying projected spend to the correct currency to facilitate hedging strategies. Tools for business optimization and risk management (including AI) — Improve business planning accuracy and decision making frameworks. Risk management. Operations.

Data 100

Data Suppliers Management Procurement 100

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. Yet only 26% were able to confidently predict risk within their supply bases.

supply chain budgeting 98

supply chain budgeting Procurement Supply Chain Efficiency e2e 98

TYA Suite

MAY 23, 2025

This makes it hard for procurement teams to find what they need quickly, and even harder to manage vendors in a smooth, professional way. Risk management is an essential part of vendor lifecycle management. Risk management is a key feature of vendor lifecycle management software.

supply chain software solutions 40

supply chain software solutions Management Vendor relationships Real-time Visibility 40

Procurement Insights

MAY 22, 2025

is a leading AI-powered platform specializing in third-party risk management, compliance, and supplier lifecycle automation. Leadership Founder & CEO: Jag Lamba, former McKinsey consultant, leads the company with a focus on operational agility, risk management, and AI innovation. Everything about Certa.ai

Supply Chain Efficiency 40

Supply Chain Efficiency supply chain budgeting Stakeholder engagement Agile and Lean Supply Chain 40

Pipefy

JANUARY 30, 2024

Because procurement teams provide critical insights to inform business strategy , identifying opportunities to cut costs is one of the most important ways they do this. Procurement teams also share crucial data and information that business leaders need in order to make choices, set strategy, and remain competitive.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

IBM Supply Chain Blog

FEBRUARY 13, 2024

Technology that streamlines and automates transactions and contract management can significantly reduce these errors and expedite sourcing processes. Sourcing and procurement teams may also strategically leverage data and intelligence to determine which supplier will provide the most value and minimize the total cost-to-serve.

Strategic sourcing 78

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

HICX

MAY 12, 2023

Automate the simple As Sam explains, “We need to break our procurement teams free from the day-to-day tasks that burden them.” In his words, “If we don’t have visibility of it, we don’t know where to go at it.” Analytics, on the other hand, done correctly, can provide this visibility.

e2e 52

e2e Real-time Visibility Supply chain resilience Supply chain 52

Pipefy

JUNE 14, 2023

Spend analysis in procurement provides teams with actionable insights and improvements to optimize existing procurement processes, reduce costs, increase efficiency, generate bottom-line business value, and grow competitive advantages. Spend analytics creates the visibility procurement teams need to complete a spend analysis.

e2e 52

e2e Real-time Visibility Contract Procurement team 52

Jaggaer

OCTOBER 24, 2024

Supplier collaboration serves as the foundation for supply continuity, agility, risk management, and resilience when disruptions occur. By identifying and evaluating supplier risks, these tools ensure procurement teams are equipped to make agile, data-driven decisions that strengthen the entire supply chain.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Agile and Lean Supply Chain 52

Pipefy

JANUARY 5, 2023

Companies that still rely on manual procurement processes are at a competitive disadvantage. That’s because manual procurement processes tend to be inefficient, fragmented, and error-prone. Fortunately for procurement teams, the shift from manual to digital procurement has never been easier or more cost-effective.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

IBM Supply Chain Blog

DECEMBER 13, 2023

These objectives should directly support the overarching business goals and provide a clear framework for the procurement strategy. For instance, if cost savings is a goal, a corresponding procurement objective might be achieving a level of cost reductions. Be flexible.

Procurement strategies 65

Procurement strategies Strategy Procurement Supply Chain Efficiency 65

Procurement Insights

MAY 21, 2025

Example: A global manufacturer unified JD Edwards, NetSuite, and IFS workflows using agents, reducing procurement cycle times by 35%. Ecosystem Orchestration: Agents align procurement with finance, logistics, and suppliers, ensuring end-to-end process coherence. SAP Joule), enabling incremental digital transformation.

supply chain budgeting 52

supply chain budgeting Real-time Visibility Stakeholder engagement Agile and Lean Supply Chain 52

Procurement Software

MAY 14, 2024

Key Takeaways: Why we need Intake and Procurement Process Orchestration Streamlining of Procurement Process: Process orchestration simplifies the intricate procurement process by automating and integrating each step from intake to procurement, ensuring operational efficiency and strategic alignment with business objectives.

Procurement 52

Procurement Real-time Visibility e2e Chief Procurement Officer 52

Claritum

NOVEMBER 16, 2018

Why would or should Procurement be involved in these transactions? The Procurement team need only to be able to monitor and report as needed on the flow of purchasing transactions. The focus on strategy means that your Procurement team is now operating in a command and control role, as opposed to service role.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69

Jaggaer

OCTOBER 22, 2020

In our poll, webinar participants saw business partnering, supplier innovation and collaboration, and supply chain risk management as their key areas of focus for procurement. The procurement team consists of 40 buyers, around half of them based in the bank’s Casablanca headquarters.

Suppliers 52

Suppliers Strategy Supply Chain Efficiency Agile and Lean Supply Chain 52

Empowering CPO

JUNE 25, 2023

It’s a delicate balancing act, where businesses must juggle quality, cost, supplier relationships, and risk management, all while keeping an eye on their bottom line. As such, procurement plays a critical role in a company’s operational efficiency, financial performance, and overall competitiveness.

Procurement 52

Procurement supply chain budgeting Real-time Visibility Supply Chain Efficiency 52

Procurement Software

MARCH 5, 2024

Their solution is made up of five modules: Payables Supplier management Analytics (spend, contract, and supplier intelligence) e-Sourcing Contract management Key Data: Founder / CEO: Vijay Caveripakkam Date Founded: 2019 Visit Raindrop profile in our Software Finder 4. The platform also offers supply and risk management insights.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Procurement Software

JULY 4, 2023

Ultimately, digital procurement enables organisations to enhance the overall procurement experience, as well as increase efficiencies and transform their end-to-end procurement function. What is procurement tech? What technologies power digital procurement tools?

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement supply chain budgeting 52

TYA Suite

SEPTEMBER 15, 2024

When integrated with procurement, ERP systems offer a comprehensive solution that manages the entire procurement lifecycle—from requisition to payment—ensuring seamless operations and improved efficiency. Supplier relationships are critical to successful procurement. .

Procurement 40

Procurement Real-time Visibility supply chain software solutions Supply Chain Efficiency 40

Claritum

AUGUST 4, 2020

should Procurement be involved in these transactions? The Procurement team need only to be able to monitor and report as. According to the Hackett Group’s analysis of its procurement. benchmarking database, world-class procurement organizations have a. The focus on strategy means that your Procurement team is now.

Procurement 41

Procurement Procurement team Supply Chain Efficiency Purchasing 41

Procurement Software

FEBRUARY 20, 2024

It also has an analytics system claiming to focus on risk management rather than retrospective troubleshooting. M&A) The solution gives you full spend visibility. Canopy Canopy is a supplier relationship management (SRM) and master data platform that aims to provide complete visibility of your suppliers’ information.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

Pipefy

MAY 9, 2023

Monitoring procurement KPIs is a vital part of keeping track of an organization’s overall health and the smaller endeavors that contribute to that. 22 KPIs every procurement team should track As procurement has evolved so has the work of procurement teams, and especially so in recent years.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Pipefy

MAY 23, 2023

It also provides visibility into your entire invoice workflow, from issuance to payment. Automating these tasks frees procurement teams to focus their working hours where they’re most needed. End-to-end integrations A new digital procurement tool may replace a few software systems in your tech stack.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Arkestro

DECEMBER 12, 2022

What Are the Biggest Procurement Challenges in Health and Pharma? Beyond procurement teams working within the constraints of profit and cost savings, lives are at stake. Supply Chain Visibility. Supply chain visibility is another critical issue. Managing Supplier Relationships. Improve risk management.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Procurement Insights

APRIL 7, 2025

Single-Company Integration Metaprise : Seamlessly connects disparate ERP systems, supplier networks, and procurement tools across organizations. Breaks down data silos, enabling holistic visibility and collaboration. faster approvals, reduced errors) but does not fundamentally reshape procurements role in the business.

Real-time Visibility 52

Real-time Visibility Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Procurement Insights

JUNE 4, 2025

– May require integration efforts with existing procurement infrastructure 3 Keelvar 85% – Combines advanced optimization and automation technologies to deliver measurable value to procurement teams globally. Trusted by industry-leading procurement teams worldwide.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Real-time Visibility Raw materials 52

Spend Matters

APRIL 2, 2025

Zip positioned itself as a platform not just for intake automation but for governance at scale, enabling finance and procurement teams to guide requests through compliant, efficient workflows from the first touch. The opening keynote set the tone for the day, featuring voices from Zips leadership team and customers.

e2e 103

e2e Risk management Risk Innovation 103