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Sustainability in Procurement: Strategies and Challenges

ivalua

Sustainable and socially responsible procurement practices that cover the full spectrum can provide end-to-end visibility that facilitates monitoring and compliance, and delivers continuous value to the business. Among these practices are supplier identification through sourcing, relationship management, and reporting.

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Proactis: Vendor Analysis, 2023 Update (Part 1) — S2P solution overview, market analysis, company SWOT, competitors

Spend Matters

The complexity of S2P with its use of multiple systems to address each aspect it covers, manual processes, data quality issues and process variations can make managing the end-to-end process difficult. Organizations need to invest in technologies that improve visibility and control over the entire S2P process.

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Rev Group Partners with Consus Global to Drive Supply Chain Efficiencies

ivalua

As part of the partnership with Consus, REV has implemented Ivalua, a leading provider of global Spend Management Cloud solutions, to achieve a more focused and faster source-to-contract cycle. 100% visibility of sourcing processes. Ivalua is a leading provider of cloud-based Spend Management solutions.

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Spendflo: Vendor Analysis — SaaS buying and management solution overview, roadmap, competitors, tech selection tips, analyst summary

Spend Matters

SaaS management and buying tools such, as Spendflo, address the lack of buyer visibility. While there are various point solutions in the market to solve the issue of SaaS buying management, Spendflo is particularly helpful as it covers the end-to-end buying journey including managing, tracking and ensuring security.

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Q4 2023 Insider roundup: A deep dive into procurement tech market movements; updated coverage of 15 vendors

Spend Matters

Contract Lifecycle Management Evisort , which was once a promising contract analytics upstart looking to disrupt the market with its strong AI and post-signature capabilities, has evolved into a well-rounded, end-to-end CLM provider that can compete for both mid-market and large enterprise customers.

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Gartner’s First Integrated S2P Report on The Evolving Landscape of Source-to-Pay Solutions

Procurement Insights

This shift responds to the growing need for unified platforms that provide end-to-end process visibility, essential for global corporations seeking to streamline their procurement operations. Vendors are investing heavily in these technologies to provide smarter spend management solutions.

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Smarter Insights, More Innovative Solutions: Why Procurement Needs a Seat at the Strategy Table

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To do this, procurement teams require visibility into their data, control over their processes, and a seat at the business strategy table. By working with procurement, connecting disparate systems, implementing fraud controls for these specific areas, tracking end-to-end vulnerabilities across financial and operational processes is possible.