Claritum

FEBRUARY 14, 2019

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. How does an organisation gain visibility and control over a complex spend category? Introduction. Technology Hype.

Real-time Visibility 36

Real-time Visibility Spend management Management Eprocurement 36

Claritum

FEBRUARY 4, 2020

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. Without visibility of spend you cannot progress. Without visibility of spend you cannot progress.

Real-time Visibility 41

Real-time Visibility Procurement Supply Chain Efficiency Spend management 41

Claritum

JANUARY 25, 2019

Supply Chain eProcurement technology adoption poses a great many challenges for small to medium sized companies. See our article on eProcurement adoption for more details on this. What are the key drivers for SME adoption of Supply Chain Management eProcurement platforms? Better prices from key suppliers.

Supply chain management 36

Supply chain management Supply chain management Supply Chain Efficiency Supply chain 36

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 52

Strategy Real-time Visibility Contract e2e 52

Empowering CPO

JUNE 14, 2023

It’s a strategic function that involves understanding market trends, analyzing suppliers, negotiating contracts, and managing relationships, among other tasks. These models are often accompanied by practices such as annual rate contracts, bulk buying, and just-in-time purchasing. But, it’s far more than just buying.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Claritum

MAY 2, 2019

If your procurement team is spending over half their time on transactional activity, what opportunities are they missing? Perhaps, opportunities to drive profitability within your organisation; develop environmental or ethical initiatives; or engage with suppliers to develop stronger business relationships? Supplier Management.

Real-time Visibility 44

Real-time Visibility Procurement Purchase orders Eprocurement 44

Claritum

JUNE 25, 2019

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. Rick Hillum, Executive Chairman at Claritum. ” Setsquared.

Real-time Visibility 36

Real-time Visibility Eprocurement Data Procurement 36

Claritum

NOVEMBER 23, 2017

According to Valueneer’s Global Procurement and SCM Study (Nov17), 80% of procurement organisations are still using email to place orders with suppliers. Employees who need to make a purchase can easily search online to find the right supplier or product. Visibility. In Asia it’s even higher at 96%. “There!”

Real-time Visibility 32

Real-time Visibility Procurement Buyers Negotiation 32

Claritum

OCTOBER 3, 2017

Optimizing Spend Visibility, Control, Cost Savings and process Efficiencies. Claritum automates sourcing, procurement and invoicing in one, easy-to-use, cloud based platform while enabling business users, customers, procurement experts, buyers and suppliers to collaborate globally and in real time.

Real-time Visibility 32

Real-time Visibility Procurement Supply Chain Efficiency Supply Chain Optimization 32

Pipefy

MAY 9, 2023

Effective modern procurement requires end-to-end process tracking to both view and control the costs, sourcing, quality, and delivery times associated with acquired goods and services. To help you meet yours, we’ve compiled a list of 22 essential procurement KPIs that fall into three business categories: suppliers, staff, and operational.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

ivalua

JUNE 10, 2021

Businesses can now access all Amazon Business content directly from within Ivalua’s eProcurement and Procure-to-Pay solutions. Employees can search across internally hosted supplier catalogs, Amazon Business and other supplier sites to see and compare the results side by side on a single screen. All without leaving Ivalua.

Collaboration 130

Collaboration Real-time Visibility Eprocurement Procurement team 130

ivalua

JUNE 10, 2021

Businesses can now access all Amazon Business content directly from within Ivalua’s eProcurement and Procure-to-Pay solutions. Employees can search across internally hosted supplier catalogs, Amazon Business and other supplier sites to see and compare the results side by side on a single screen. All without leaving Ivalua.

Collaboration 130

Collaboration Real-time Visibility Eprocurement Procurement team 130

Claritum

JULY 16, 2019

This article proposes that Indirect Spend requires a significant and separated level of focus and automation to ensure that the organisation is cost efficient over time. However, consolidating purchases for the organisation makes this spend significant to negotiate with suppliers. Seeking savings and purchasing efficiencies.

Procurement 32

Procurement Purchasing Supply Chain Efficiency Real-time Visibility 32

Procurement Software

FEBRUARY 20, 2024

Feature highlights include: Easy to use five-category classifications, best in class enterprise taxonomy, the ability to gain insights from trend analysis and organisation behaviours, 100% spend visibility and proprietary machine learning algorithms designed to deliver accuracy. M&A) The solution gives you full spend visibility.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

Bonfire

MARCH 29, 2022

Bonfire allows them to bring every stage of the procurement lifecycle into a central platform where the procurement team and relevant stakeholders can collaborate on RFPs and evaluations with full visibility into the process. Inflation is a real concern for public sector budgets today.

Procurement 52

Procurement Real-time Visibility Eprocurement Bidding 52

Procurement Software

JULY 18, 2023

We also touch on a few more niche solutions for SMEs, for example project management software, supplier intake, accounts payable automation, “build-a-bot”, as well as a negotiation planning guidance tool. It gives you full visibility of your spend data, all in one place. The platform consists of four modules.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Zycus Cognitive Procurement

DECEMBER 1, 2021

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 *. Every transformation journey is nothing short of an off-road adventure that can be compelling and challenging at the same time. Casino Royale.

Procurement 40

Procurement Real-time Visibility Budget Eprocurement 40

Claritum

MAY 20, 2019

Procurement automation should speed up processes and free employees from repetitive time-consuming administration. Common problems, in the procurement process, that can be fixed by automation include: the approval process is manual and time consuming. Such as order history, supplier profiles and contracts. 4 Suppliers.

Procurement 32

Procurement Real-time Visibility Eprocurement Bidding 32