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Direct vs Indirect Procurement: Key Differences, Challenges, and Opportunities

ivalua

Key Takeaways Unified sourcing platforms help connect planning, sourcing, and spend visibility for both procurement types, driving efficiency and competitive advantage. Key Compliance and Cost Risks Poor control over indirect spend can introduce significant risks. What Is Direct Procurement and How Does It Work?

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Source-to-Pay Tools for Enterprise Procurement

ivalua

It requires you to juggle multiple priorities: unifying systems, improving visibility, reducing risk, and proving ROI across every stage of the procurement process. Cost savings and reduced maverick spend: By improving visibility and control, S2P tools help enforce purchasing policies and drive contract compliance.

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Understanding the Total Economic Impact™ (TEI) of Ivalua

ivalua

393% ROI from process automation, better visibility, and replacing old systems. Reductions in procurement overhead, coupled with increased spend visibility, innovation opportunities, and streamlined supplier engagement. For more information on analyzing spend management, check out our Spend Analysis section.

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Procurement vs Purchasing: Key Differences, Workflows, and Enterprise Risks

ivalua

Technology unifies procurement and purchasing, improving visibility, compliance, and workflow automation. Distinguishing the two helps enterprises optimize spend and strengthen supplier relationships. It’s a strategic function that covers both direct and indirect spend and emphasizes total value creation. What is Procurement?

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8 Procurement Software Best Practices For 2025

ivalua

In this post, we’ll break down proven strategies to help you streamline processes, improve visibility, and take back control of your procurement stack. All of these processes are critical components for managing procurement activities strategically. Key Takeaways What is Procurement Software – and why is it important?

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What is Source to Pay? Steps, Benefits, and Best Practices

Jaggaer

Everything You Need to Know End-to-end process and end-to-end solution may be one of the most overworked phrases in business and IT. That said, many organizations, including large enterprises, may not think in terms of source to pay as an end-to-end process, if they think about it at all.

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Expanding the influence and impact of Procurement

Spend Matters

However, although Utz Brands enjoys a long and successful history, Ron understood that he had to be prudent and efficient with the dollars available to invest in technology because he did not have the budget that larger competitors have to spend. It has completely changed our end-to-end enterprise contracting process.