article thumbnail

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

Spend Matters

Its approach uses an all-in-one spend platform that combines expense management, corporate cards, travel and business accounts. Supplier risk management Exiger offers a comprehensive risk assessment product that encompasses various risk dimensions with a high degree of granularity and depth to reduce risks in supply chains.

e2e 76
article thumbnail

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

Pipefy

From reducing waste and containing costs to mitigating risks such as procurement fraud and inflated expenses, procurement’s insights and expertise can help businesses navigate some of their most pressing challenges. All this combined is a recipe for end-to-end operational inefficiency.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Does Finance Think of Procurement?

Arkestro

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.

article thumbnail

Everything You Need to Know About Procurement Solutions

Pipefy

It also provides visibility into your entire invoice workflow, from issuance to payment. End-to-end integrations A new digital procurement tool may replace a few software systems in your tech stack. Life cycle management. Coupa Coupa is a business spend management platform that allows users to manage expenditures.

article thumbnail

Procurement Technology: 6 Solutions You Should Know In 2024

Pipefy

Procurement technology landscape Procurement technology is primarily designed to simplify procurement processes and reduce costs, but it’s grown to offer so many more benefits than that, with the greatest one being transforming procurement into a source of reliable strategic influence. Contract and compliance management.

article thumbnail

Let’s Get Digital: Introducing your Source-to-Pay Guide

ivalua

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency.

Sourcing 130
article thumbnail

The 25 Hottest US Procurement Startups

Procurement Software

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. Raindrop has also been recognised as a cloud-enabled procurement focused Contract Lifecycle Management (CLM) application. FRDM FRDM is a software company specialising in supply chain risk management.