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What is eProcurement?

ivalua

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.

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Meet AI in eProcurement

Spend Matters

Artificial intelligence (AI) comes in many forms (for a complete history of AI in procurement see our recently published autogmentation series) and despite being a consistent ‘hot topic’ for well over a decade now, continues to grow and evolve each year in the procurement industry. Visit the site and log in/register to read.

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Ivalua Supports the Digitalization of Tchibo’s Indirect Purchasing Process with its Source-to-Contract Solution

ivalua

Ivalua, a global leader in spend management , today announced that Tchibo, one of the largest coffee roasters in the world, has chosen Ivalua and its partner Capgemini to digitize Source-to-Contract (S2C) for its indirect purchasing of goods and services. Founded in 1949, the company today has a turnover of €3.2 ivalua.com.

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

ivalua

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.

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Highlighting the Impact of eProcurement in the Public Sector

ivalua

It’s no secret that procurement organizations across industries were hit hard with challenges arising from Covid-19. eProcurement solutions are helping government agencies not only overcome those challenges but create new efficiencies never before possible, manage spend more effectively and deliver more value to the public.

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Uncovering New Sources of Revenue in the Public Sector

ivalua

Innovating to Uncover New Sources of Revenue in the Public Sector. 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. Step 2: Use eProcurement for vendor relationships .

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How to create successful, sustainable eProcurement transformation

Bonfire

Caribbean procurement departments face a lot of challenges that other countries typically do not. Whether it’s moving on from a complex custom eProcurement solution or stewarding public trust, there are many factors that Caribbean procurement leaders need to navigate to see success. Defining eProcurement and where to start.