Remove Eprocurement Remove Purchasing Remove Supply Chain Optimization
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Digital Procurement for Enterprises: Key Challenges and Critical Capabilities

ivalua

Unfortunately, outdated tools and fragmented processes make it difficult to maintain visibility across the supply chain and adapt at the pace of business. Digital procurement is the use of digital technologies to enhance, automate, and optimize procurement processes across the entire source-to-pay (S2P) lifecycle.

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

ivalua

These options also open up the door for collaboration with suppliers, or holding regular reviews that can help optimize supplier management techniques. Ivalua’s Invoicing and Payments solutions optimize the invoicing and early payments processes, helping your organization to better manage working capital.

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The One Point Analysts Are Missing? Technology Is IRRELEVANT!

Procurement Insights

Comprehensive eProcurement platforms were not yet prevalent. Reference : SAP R/3 Oracle Financials : Overview : Oracle’s suite of financial applications included procurement capabilities, enabling organizations to manage purchasing activities within a broader financial management context.

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Essential Procurement Skills for the Leaders of Tomorrow

Skill Dynamics

Strategic Sourcing and Supplier Relationship Management Strategic sourcing skills are crucial for procurement professionals to effectively identify and then leverage opportunities within the supply base to create value. Strategic sourcing can also help reduce the overall risk in a given supply chain.

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Do ERP-centric environments help or hurt ProcureTech solution implementation Success?

Procurement Insights

Coupa, Jaggaer, Ariba) is a critical factor in procurement success or failure, given their overlapping goalsstreamlining processes, integrating data, and optimizing spend. As of March 3, 2025, the interplay between ERPs (e.g., SAP, Oracle, Microsoft Dynamics) and procuretech solutions (e.g.,

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What is Source to Pay? Steps, Benefits, and Best Practices

Jaggaer

Big data and digital technologies support the aggregation of purchases across business units to improve performance, provide better spend analysis, and drive business value. This is where procurement and legal teams work become optimized by technology. This is especially important in times of unforeseen disruptions to supply chains.

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Retail Recovery: 4 Ways Procurement Can Unlock Savings and Add Value

ivalua

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Yet in 2020, over two million people purchased goods online. Optimize New Spend . NFR Categories. With change comes innovation.