Eprocurement, Procurement and Real-time Visibility

What is eProcurement?

ivalua

JANUARY 13, 2021

Difference Between Procure to Pay and eProcurement. Procure-to-Pay is the sequential process we described earlier. Eprocurement or e-procurement comes from electronic procurement. Cloud-based Procure to Pay platforms are a must-have for any company that wants to become best-class in P2P.

Eprocurement

Eprocurement Real-time Visibility Purchase orders Budget

Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Real-time Visibility

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting

Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

FEBRUARY 10, 2023

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

Price

Price Strategy Sourcing Real-time Visibility

Webinars

Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

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10 Things Your ERP Can’t Do (And Why You Need an eProcurement Solution)

Bonfire

APRIL 3, 2023

Enterprise Resource Planning (ERP) systems have become an essential tool for complex organizations, but when it comes to procurement in the public sector, they aren’t enough. For many of them, their organizations have invested a lot of time and money in ERP systems that do many things well and are there to stay.

Eprocurement

Eprocurement Bidding Strategic sourcing Strategic sourcing

Uncovering New Sources of Revenue in the Public Sector

ivalua

NOVEMBER 10, 2020

Step 1: Use eProcurement Systems as a Potential Source of Revenue. Thinking of procurement as a new source of revenue is certainly counterintuitive, but it fits the bill of thinking differently. However, a smaller subset of these states have looked at eProcurement as a potential source of revenue.

Sourcing

Sourcing Eprocurement Real-time Visibility Contract

Streamline Your Procurement Processes with Integrated Source to Pay Platforms and Autonomous Quick Sourcing Technologies

Zycus Cognitive Procurement

JANUARY 16, 2023

You must have found yourself struggling with limited visibility into preferred or contracted suppliers, contract utilization status, budgeting issues, and multiple requirements for sourcing low dollar items or services. It is usually time consuming, require multiple approvals and follow ups. Lack of pricing compliance .

Sourcing

Sourcing Real-time Visibility Procurement Buyers

Innovative Procurement Models: Exploring Different Approaches

Empowering CPO

JUNE 14, 2023

Brief Overview of Procurement Welcome to our deep dive into the world of procurement. But before we venture into the depths of innovation in this field, let’s first establish what procurement really is. This is especially true in procurement, where the landscape is rapidly evolving. Understanding Procurement A.

Innovation

Innovation Procurement Supply Chain Efficiency Sustainability

Digital Procurement in SMEs and Emerging Markets

Procurement Software

APRIL 25, 2023

This blog post is based on a video interview I gave about digital procurement back in January in Dubai with Dr. Muddassir Ahmed of SCMDOJO. Why procurement technology’s growth is not with enterprise suites Procurement technology is no longer the sole preserve of large enterprises. So what went wrong?

supply chain software solutions

supply chain software solutions Procurement Real-time Visibility supply chain budgeting

5 Steps to Procurement Best Practice

Claritum

FEBRUARY 4, 2020

How can you achieve procurement best practice in your organization? In this article we look at what we think are the 5 most important steps towards effective eProcurement. Image of the 5 Steps to best practice Visibility, Control, Efficiencies, Savings and Creating value. Visibility. Visibility. For procurement.

Real-time Visibility

Real-time Visibility Procurement Supply Chain Efficiency Spend management

Visibility and Control is the key to Complex Spend Management

Claritum

FEBRUARY 14, 2019

Claritum Article - Procurement Blog. Gaining Visibility and Control. Decentralised), the products having unique/custom requirements, and/or sensitive time-lines and quality standards that cannot be compromised. 3 Gaining Visibility and Control. Real and powerful insight can only be extrapolated from data at scale.

Real-time Visibility

Real-time Visibility Spend management Management Eprocurement

Opportunity cost of transactional activity in Procurement

Claritum

MAY 2, 2019

Claritum Article - Procurement Blog. Key transactional areas of Procurement. Strategic focus areas of Procurement. If your procurement team is spending over half their time on transactional activity, what opportunities are they missing? 2 Key transactional areas of procurement. Introduction. 1 Introduction.

Real-time Visibility

Real-time Visibility Procurement Purchase orders Eprocurement

Supply Chain Management – the SME perspective

Claritum

JANUARY 25, 2019

Claritum Article - Procurement Blog. Supply Chain eProcurement technology adoption poses a great many challenges for small to medium sized companies. The level of understanding of procurement automation within a company influences significantly the adoption. See our article on eProcurement adoption for more details on this.

Supply chain management

Supply chain management Supply chain management Supply Chain Efficiency Supply chain

Counterintuitive strategies to navigate the recession: Part 2

Zycus Cognitive Procurement

NOVEMBER 29, 2022

In good times, operating leverage (ratio of fixed and variable costs) can supercharge profit growth. However, in times of growth, new costs and expenses also tend to creep in, and over time, these costs harden and morph into fixed cost structures. You may provide better demand visibility to the vendor partner.

Strategy

Strategy Real-time Visibility Contract e2e

Impact Acceleration Award for Claritum

Claritum

JUNE 25, 2019

Claritum Article - Procurement Blog. Bath, UK (June 25, 2019) – Claritum, together with Setsquared and the University of Southampton Business School, has secured an Impact Acceleration Award* focused on using AI Data Analytics to identify issues, gain better spend visibility and make faster business decisions.

Real-time Visibility

Real-time Visibility Eprocurement Data Procurement

80% of procurement organisations still use email to place orders

Claritum

NOVEMBER 23, 2017

Claritum Article - Procurement Blog. According to Valueneer’s Global Procurement and SCM Study (Nov17), 80% of procurement organisations are still using email to place orders with suppliers. Visibility. Businesses that use email for purchasing lack visibility of their spending. We arranged a race.

Real-time Visibility

Real-time Visibility Procurement Buyers Negotiation

The Divergent Procurement World

Claritum

JULY 16, 2019

Claritum Article - Procurement Blog. The purchase of goods and services can be split into two primary procurement domains: The Strategic Core purchases that enable an organisation to produce their product or service (called Strategic Spend by many organisations). Applying procurement resources to establish suitable contracts.

Procurement

Procurement Purchasing Supply Chain Efficiency Real-time Visibility

The drive for a New Wave of Easy-to-use Procurement Products

Claritum

OCTOBER 3, 2017

Claritum Article - Procurement Blog. As featured in the ‘ The 10 Most Innovative Procurement Solution Providers ’ article published in the September 2017 Insights Success Magazine , Claritum discuss the drive for a New Wave of Easy-to-use Procurement Products…. This was the catalyst for starting Claritum.

Real-time Visibility

Real-time Visibility Procurement Supply Chain Efficiency Supply Chain Optimization

Procurement KPIs: 22 Essential Metrics for Tracking and Visualizing Procurement Performance

Pipefy

MAY 9, 2023

Definition of procurement KPIs Key performance indicators (KPIs) are measurements of the efficacy of a business department, process, or strategy. Procurement KPIs continually measure the progress of all things related to buying and obtaining goods and services necessary for a business’ operation.

Procurement

Procurement Real-time Visibility supply chain budgeting Procurement team

The 25 Hottest European Procurement Startups

Procurement Software

FEBRUARY 20, 2024

European procurement software startups are growing fast, and we’re constantly seeing new ones landing onto the scene. Lots of European procurement tech startups are still in early or growth phase. Lots of European procurement tech startups are still in early or growth phase. Procuretech in Europe is buzzing right now.

Supply Chain Efficiency

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

Ivalua and Amazon Business Extend Collaboration with Truly Integrated Search

ivalua

JUNE 10, 2021

Businesses can now access all Amazon Business content directly from within Ivalua’s eProcurement and Procure-to-Pay solutions. With real-time pricing and inventory information to ensure that the items selected are available. Reach out to us today to discuss all of our Source-to-Pay and Procure-to-Pay solutions.

Collaboration

Collaboration Real-time Visibility Eprocurement Procurement team

Ivalua and Amazon Business Extend Collaboration with Truly Integrated Search

ivalua

JUNE 10, 2021

Businesses can now access all Amazon Business content directly from within Ivalua’s eProcurement and Procure-to-Pay solutions. With real-time pricing and inventory information to ensure that the items selected are available. Reach out to us today to discuss all of our Source-to-Pay and Procure-to-Pay solutions.

Collaboration

Collaboration Real-time Visibility Eprocurement Procurement team

Roundtable roundup: Best practices for crown corporation procurement

Bonfire

MARCH 29, 2022

At Bonfire, we get to work with hundreds of public procurement professionals every day. On March 15, we brought together procurement professionals from crown corporations across Canada for a virtual roundtable discussion. What general policies do crown corporations follow when it comes to procurement, POs, and contracts?

Procurement

Procurement Real-time Visibility Eprocurement Bidding

Is Amazon The New Oracle or How The Emergence of The B2C World Marks The Official End of The ERP Era (Originally Published Sept. 2014)

Procurement Insights

OCTOBER 20, 2023

At the time, it was as much whimsy as it was reasonable contemplation. I say reasonable because that was the time when many people started asking the question, “Why can’t buying at work be as easy as it is at home on Amazon? . ” Comparison Results: Amazon AWS is the clear winner in this comparison. .

Real-time Visibility

Real-time Visibility Buyers Eprocurement Procurement

What Procure to Pay (P2P) Transformation Vendors Don’t Tell You?

Zycus Cognitive Procurement

DECEMBER 1, 2021

Procure to Pay transformation is the topmost agenda for every CPO. A McKinsey and University of Oxford research suggests that on average, large IT projects run 45% over budget and 7% over time while delivering 56% less value than predicted *. Even more for Procure to Pay Transformation projects. Casino Royale.

Procurement

Procurement Real-time Visibility Budget Eprocurement

5 things you need to automate procurement

Claritum

MAY 20, 2019

Claritum Article - Procurement Blog. Procurement automation should speed up processes and free employees from repetitive time-consuming administration. In procurement a high percentage of jobs and processes are repetitive which makes them ideal for automation. So how can you automate procurement effectively?

Procurement

Procurement Real-time Visibility Eprocurement Bidding

15 Best Purchasing Software Solutions for SMEs

Procurement Software

JULY 18, 2023

When you think of the best purchasing software solutions for SMEs, or procurement tech in general, you probably think “expensive” This list of 15 procurement tools specifically targeted to smaller and growing businesses will prove it’s not so. It gives you full visibility of your spend data, all in one place.

Purchasing

Purchasing Contract Negotiation Real-time Visibility

Purchasing & Procurement Zone

What is eProcurement?

Procurement Rising: The Silent Inflation Tax on Manufacturers

Webinars

Trending Sources

Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

Webinars

10 Things Your ERP Can’t Do (And Why You Need an eProcurement Solution)

Uncovering New Sources of Revenue in the Public Sector

Streamline Your Procurement Processes with Integrated Source to Pay Platforms and Autonomous Quick Sourcing Technologies

Innovative Procurement Models: Exploring Different Approaches

Digital Procurement in SMEs and Emerging Markets

5 Steps to Procurement Best Practice

Visibility and Control is the key to Complex Spend Management

Opportunity cost of transactional activity in Procurement

Supply Chain Management – the SME perspective

Counterintuitive strategies to navigate the recession: Part 2

Impact Acceleration Award for Claritum

80% of procurement organisations still use email to place orders

The Divergent Procurement World

The drive for a New Wave of Easy-to-use Procurement Products

Procurement KPIs: 22 Essential Metrics for Tracking and Visualizing Procurement Performance

The 25 Hottest European Procurement Startups

Ivalua and Amazon Business Extend Collaboration with Truly Integrated Search

Ivalua and Amazon Business Extend Collaboration with Truly Integrated Search

Roundtable roundup: Best practices for crown corporation procurement

Is Amazon The New Oracle or How The Emergence of The B2C World Marks The Official End of The ERP Era (Originally Published Sept. 2014)

What Procure to Pay (P2P) Transformation Vendors Don’t Tell You?

5 things you need to automate procurement

15 Best Purchasing Software Solutions for SMEs

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