Una

JULY 28, 2022

This is particularly true in terms of the procurement function. Is your procurement team territorial? Does your procurement team behave like a snapping saltwater crocodile? There’s little wonder why IT procurement experts are the most sought-after and highly paid in the profession. Partnering with IT.

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Procurement Software

MARCH 5, 2024

FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains. It helps large enterprises like Virgin, Coca-Cola, Boeing, and IBM map, monitor, and mitigate ESG risks across their global supply chains.

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Pipefy

JANUARY 4, 2023

But the inherent complexity of the procurement process means that it’s also prone to inefficiencies, errors, and broken handoffs. That makes procurement automation more important than ever. Escalating supply-chain volatility and inflation put pressure on procurement teams to “do more with less.”

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Procurement Software

JULY 4, 2023

It aims to make the procurement process more efficient, transparent, and cost-effective. It can help organisations reduce costs, optimise supplier relationships and increase compliance. Digital procurement can be implemented using different technologies, which we will explore in detail later in this article.

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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.

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Arkestro

JUNE 6, 2023

On the one side, finance is concerned with keeping the company budget in the black. On the other side, procurement is concerned with keeping company operations running smoothly and judicially making the most of budgets. Ultimately, both want the same goal — ensuring business outcomes are positive, timely, and on-budget.

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Empowering CPO

JUNE 25, 2023

Manual, paper-based processes gave way to computerized systems, leading to the first generation of electronic procurement (e-procurement) systems in the late 20th century. These systems streamlined the procurement process, improving efficiency and reducing costs.

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Pipefy

NOVEMBER 24, 2023

According to Amazon’s 2024 State of Procurement report, 95% of decision makers believe that procurement has room for optimization. What are e-procurement tools? E-procurement software automates an organization’s entire procurement cycle and integrates it into other systems.

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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.

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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.

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Zycus Cognitive Procurement

DECEMBER 10, 2021

The Source-to-Pay(S2P) process begins with identifying and evaluating relevant suppliers, contracting with those suppliers, placing orders, monitoring the supply of the ordered products and services, authorization, and the final release of payment. A Source-to-Pay cycle is a holistic approach that covers end-to-end procurement lifecycle.

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Pipefy

JUNE 15, 2023

As businesses complete their digital transformation and move away from complex (and often manual) legacy systems, modern procurement solutions are rapidly replacing traditional methods. Build a more efficient procurement with the Definitive Guide to P2P Optimization Download free guide What is cloud procurement?

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Procurement Software

FEBRUARY 20, 2024

Feature highlights include: Easy to use five-category classifications, best in class enterprise taxonomy, the ability to gain insights from trend analysis and organisation behaviours, 100% spend visibility and proprietary machine learning algorithms designed to deliver accuracy. M&A) The solution gives you full spend visibility.

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Procurement Software

JANUARY 23, 2024

End-to-end encryption provides a uniquely secure way to sign and store contracts, eliminating the need for dedicated servers and VPN connections. Hivebuy Hivebuy is one of a number of growing German procurement startups based in Berlin, offering process optimisation solution for small and medium-sized companies.

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Procurement Software

MARCH 7, 2023

Improvements to end-to-end supply chain efficiency. The graphic below show how P2P process sits within the entire S2P procurement flow. It should enable your stakeholders to fulfil their needs, with a minimal amount of contact with your operational procurement team.

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Procurement Software

FEBRUARY 6, 2024

Workfellow offers a next-generation end-to-end visibility into workflows, systems usage, and tasks. These all help to drive supply chain impact. CostBits CostBits is an early-stage spend analytics software and one of few Nordic procurement startups focusing on smaller procurement teams.

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Procurement Software

DECEMBER 5, 2022

Improvements to end-to-end supply chain efficiency. The graphic below show how P2P process sits within the entire S2P procurement flow. It should enable your stakeholders to fulfil their needs, with a minimal amount of contact with your operational procurement team. Reduction in maverick spend (H4).

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Jaggaer

OCTOBER 8, 2019

For this to happen, procurement professionals must make a stronger case to the organization’s leadership to demonstrate the value it can deliver. With budgets not growing at an adequate pace, or even shrinking, procurement cannot deliver the value that digital transformation promises. 4) The “Day of Digitalization”.

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ivalua

MARCH 9, 2023

The Source-to-Pay process itself is quite broad but it covers most if not all the aspects of a procurement organization, at least from a process and technology perspective. S2P is the end-to-end process that encompasses all the activities between an organization and its suppliers.

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