World of Procurement blog

MAY 8, 2024

It helps reduce financial losses from poor contracts, improve vendor relationships through structured coordination, increase operational efficiency and cost savings, minimize revenue leakage, and ensure proper compliance. Lease agreements - Contracts for renting equipment, real estate, vehicles, etc.

Contract management 52

Contract management Contract Management e2e 52

IBM Supply Chain Blog

FEBRUARY 13, 2024

Near-sourcing, in addition to lowering emissions, also cuts transportation costs and delivery times. The cost of human error associated with manual processes can be steep, not to mention the toll it can take on trust within customer and vendor relationships.

Strategic sourcing 86

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 86

Supply Chain Game Changer

NOVEMBER 16, 2022

Collaborating with the suppliers without any systems would mean wasting time searching through voicemails, printed documents, and email threads to locate the needed information. Management can review orders in real-time and spend time on exceptions raised by the system. Improved Vendor Relationships.

Supply Chain Efficiency 19

Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 19

Procurement Software

JUNE 20, 2023

We plan to refresh the article a couple of times a year, as solutions are constantly adding features and new solutions come onto the market. SimpliContract SimpliContract is a SaaS-based, AI-powered end-to-end enterprise contract authoring and lifecycle management platform.

Contract management 52

Contract management Contract e2e Management 52

Pipefy

JUNE 14, 2023

Visibility into procurement categories and effective management of categories fosters benefits like greater risk management and less costly supplier redundancies. Spend analytics creates the visibility procurement teams need to complete a spend analysis. ignoring the importance of data quality, 2. focusing solely on cost reduction, 3.

Real-time Visibility 52

Real-time Visibility e2e Contract Procurement team 52

Pipefy

MAY 9, 2023

The success of these activities directly affects vendor relationships, customer satisfaction, and revenue. Effective modern procurement requires end-to-end process tracking to both view and control the costs, sourcing, quality, and delivery times associated with acquired goods and services.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Pipefy

AUGUST 18, 2023

Process discovery includes the identification and definition of activities and tasks comprising a process; its purpose is to make all stages in a process visible in order to ensure clear responsibility for each of those phases. These inefficiencies lose hours and money that can add up to huge amounts of waste over time.

Import 52

Import Real-time Visibility e2e Data 52