Spend Matters

SEPTEMBER 14, 2023

Strategic sourcing remains critical, especially given our inflationary environment. Most surprisingly, in recently released research by Economist Impact sponsored by SAP, we have seen a dramatic shift in the market in terms of the need for better spend analysis capability. A recurring request is to reduce risk and contain costs.

Procurement 101

Procurement Supply Chain Efficiency Category management e2e 101

Procurement Software

MARCH 5, 2024

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. At its heart is a source-to-pay suite offering a range of functionality, with a complete suite of cloud-based modules. It is optimised for sourcing raw materials and purchased parts in manufacturing businesses.

Real-time Visibility 52

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

Procurement Software

MARCH 7, 2023

However, procure-to-pay is definitely a subcomponent of the entire source-to-pay process. The key difference is that S2P includes the important stage of strategic sourcing, which is performed before you. Industry jargon refers to sourcing and the negotiation of terms and conditions as the “upstream” part of the process.

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

Procurement Software

DECEMBER 5, 2022

However, procure-to-pay is definitely a subcomponent of the entire source-to-pay process. The key difference is that S2P includes the important stage of strategic sourcing, which is performed before you. Industry jargon refers to sourcing and the negotiation of terms and conditions as the “upstream” part of the process.

Sourcing 52

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 52

Empowering CPO

JUNE 25, 2023

They must also ensure ethical and sustainable procurement practices, as consumers increasingly demand transparency and social responsibility from businesses. Finally, businesses grapple with the challenge of data management. It uncovers hidden costs, identifies maverick spending, and reveals patterns and trends in procurement data.

Procurement 52

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

Procurement Software

JULY 18, 2023

Procoto offers features including: Strategic sourcing Smart databasing Workflow approvals RFP management Data transformation The platform’s tools and analytics aim to level the playing field between small and large companies – giving leverage to SMEs. It gives you full visibility of your spend data, all in one place.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52