Procurement Tactics

OCTOBER 18, 2022

You cannot get favorable contract terms for the goods and services you want to acquire if you do not have an amicable working relationship with your suppliers. . Having SRM software allows you to develop stronger supplier relationships and negotiate better contract terms with your suppliers. . Want to become a Negotiation Game Changer?

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Procurement Software

MAY 16, 2023

Above $1 billion businesses are typically a target of established, enterprise source-to-pay and source-to-contract suites. The module also includes features such as contract management, invoice processing, and payment processing. So if there are features you don’t need, Onventis doesn’t make you pay for them.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

Procurement Software

JUNE 20, 2023

The contract management software market is hot right now. Organisations seem to have finally realised that they’ve suffered from having a “desk drawer” approach to contracts. Being able to manage your contracts in one place, author them, approve them and sign them is a massive productivity boost.

Contract management 52

Contract management Contract e2e Management 52

Spend Matters

JUNE 19, 2023

Spend Matters is featuring the top 5 digital capabilities of different procurement technologies and what functionality you can expect from average and top performing solutions, leveraging its SolutionMap dataset. In this article, our analyst Nikhil Gaur looks at contract lifecycle management (CLM) platforms.

Contract 89

Contract Management Negotiation Real-time Visibility 89

Procurement Software

FEBRUARY 6, 2024

The company offers a simple and competitively priced contract management solution. It offers document repository features to any industry and companies of any size. These centralise all your company’s contract documents, giving you a top-down view of the entire contract portfolio.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Negotiation 52

Procurement Software

MARCH 5, 2024

Their software aims to replace outdated Excel or PowerPoint processes through having one central place to automate processes, monitor and track all procurement-related activities. Focal Point’s Procurement Performance module allows users to track multiple performance dimensions at once.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Pipefy

NOVEMBER 24, 2023

This guide explores the ability of these solutions to improve business efficiency and reduce operational costs, surveys the many types of tools on the market, their benefits, and essential features. The features of these solutions can vary widely. What follows are a few of the most commonly considered features in procurement software.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Spend Matters

APRIL 5, 2023

Categories: Contract Management , Procurement Systems & Architecture , Solution Providers , Source-to-Contract Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Spendflo and its solution for SaaS procurement and management. Having so many options is not always a good thing, though.

e2e 77

e2e Management Buyers Contract 77

Pipefy

JANUARY 17, 2024

Now imagine a customized and secure work space where suppliers, customers, and employees can track their requests free of process friction, approval delays, and lags in communication. The Guest Experience is a collection of product features bundled together to improve guest experiences, increase data and access security, and reduce IT costs.

Data 52

Data Management Suppliers Collaboration 52

Procurement Software

FEBRUARY 20, 2024

There is also an evaluation matrix feature. 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.

Supply Chain Efficiency 59

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

Spend Matters

JUNE 19, 2023

Spend Matters is featuring the top 5 digital capabilities of different procurement technologies and what functionality you can expect from average and top performing solutions, leveraging its SolutionMap dataset. Top performers can also create automatic POs based on contracts, business rules, automatic reorder points and scheduled services.

Procurement solutions 86

Procurement solutions Procurement supply chain budgeting Real-time Visibility 86

Spend Matters

NOVEMBER 2, 2023

While it may not currently offer many advanced features, its basic spend capture, visibility and mapping is impressive and user-friendly. Mithra has managed to integrate advanced AI features into its solution while still allowing users control over their data and maintaining a friendly UX.

Contract management 96

Contract management Data Procurement team Suppliers 96

Spend Matters

JUNE 27, 2023

This week, we discuss a growing need for, and evolution of, contract analytics and ‘actionable insights.’ The trend for greater contract analytics in contract management solutions is seen most widely in the offerings of the newer providers that go beyond the expected features to give ‘actionable insights.’

Contract 72

Contract Contract management Negotiation Management 72

Procurement Tactics

JULY 2, 2023

A formal contract document that contains the detailed requirement for purchasing and obtaining goods and services, a job order is utilized with a view to ensuring that the desired goods or services are acquired in an orderly and efficient way. In this way, contract experts can work more effectively and save valuable time and resources.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Spend Matters

JANUARY 5, 2024

Contract Lifecycle Management Evisort , which was once a promising contract analytics upstart looking to disrupt the market with its strong AI and post-signature capabilities, has evolved into a well-rounded, end-to-end CLM provider that can compete for both mid-market and large enterprise customers.

e2e 78

e2e Procurement supply chain software solutions Contract 78

Supply Chain Game Changer

AUGUST 19, 2022

Supply chain management and contract lifecycle management are key ingredients to business success. In particular, contract data is vital for businesses to renegotiate deals and stay abreast of potential liabilities as the supply chain evolves. Investing in improved contract lifecycle management (CLM) is thus essential.

Contract 97

Contract supply chain budgeting Management Supply Chain Efficiency 97

IBM Supply Chain Blog

JANUARY 16, 2024

Idea generation Prioritizing the long-term strategic goals and core competencies outlined, a business should brainstorm new initiatives, product ideas, or product features. Firms might conduct market research related to their new feature or product line, solicit customer feedback, or engage focus groups.

Product development 80

Product development Strategy supply chain budgeting supply chain software solutions 80

Procurement Software

JANUARY 23, 2024

Our other article on 25 hottest European procurement startups features those German startups making waves way beyond their borders. Inhubber Inhubber is a contract management and digital signature platform powered by blockchain and AI. Inhubber enables you to create, sign and store contracts securely.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Real-time Visibility 52

Una

JULY 26, 2022

But without a watchful eye on IT spend, ROI can be rapidly eroded by avoidable costs caused by issues such as shadow IT or auto-renewing contracts. Procurement IT can also be leveraged to automate processes from contract management to tactical purchasing, payments, and spend analytics. Contract auto-renewals.

supply chain software solutions 98

supply chain software solutions Supplier consolidation Purchasing Contract 98

Procurement Templates

NOVEMBER 11, 2022

Are we on track to reach net zero by 2050? Procurement Policy Note – Taking Account of Carbon Reduction Plans in the procurement of major government contracts Action Note PPN 06/21 05/06/2021 Issue. The use of CO2e allows for more accessible reporting and straightforward tracking and reporting of emissions over time.

Procurement 130

Procurement Bidding Contract Suppliers 130

Pipefy

MAY 23, 2023

Below we’ll cover digital procurement solutions, essential features, and their benefits for optimized digital procurement workflows. As your list of must-haves grows, take the following fundamental digital procurement features into consideration. Regulations and requirements can change over the duration of a contract.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

ivalua

MAY 15, 2019

Contract Lifecycle management is an area we have seen huge demand in over the last year or two. Many of our customers leverage our contract management solution for both authoring or contract repositor. A specific application for Procurement involves contract analysis.

Contract 150

Contract Data Management Contract management 150

ivalua

MAY 15, 2019

Contract Lifecycle management is an area we have seen huge demand in over the last year or two. Many of our customers leverage our contract management solution for both authoring or contract repository. One of the initial use cases the team is tackling is for contract analysis. .

Contract 147

Contract Data Contract management Risk 147

Bonfire

APRIL 3, 2023

There’s often little visibility into supplier performance and risk, limited supplier collaboration and communication, and little or no ability to manage supplier contracts and agreements. Procurement software offers a one-stop solution that covers the whole range of contract management challenges.

Eprocurement 52

Eprocurement Bidding Strategic sourcing Strategic sourcing 52

Spend Matters

JANUARY 31, 2023

Categories: Contract Management , Procurement Strategy & Planning Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of NHD and its solution for contractor and project management. Since 1988, NHD has been helping businesses track their projects and the individuals and expenses involved in each. Read more. )

Project management 83

Project management Management Contract management Procurement strategies 83

IBM Supply Chain Blog

AUGUST 4, 2023

And without sufficient BMETs, hospitals may need to rely on outside service contracts for maintenance and repair, which can be prohibitively expensive. CMMS platforms with accompanying software for mobile devices push access a step further, allowing users to track work orders and access maintenance activities remotely.

Sustainability 58

Sustainability Data Management Inventory 58

Procurement Software

JUNE 13, 2023

We plan to refresh the article a couple of times a year, as solutions are constantly adding features and new solutions come onto the market. Above $1 billion businesses are typically a target of established, enterprise source-to-pay and source-to-contract suites. Furthermore, ProcurePort offers custom auction SaaS solutions.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Procurement Software

JULY 18, 2023

It’s not just about procure-to-pay (P2P) or source-to-contract (S2C applications). Source-to-Contract (S2C) 1. They provide a simple and intuitive procurement solution for source-to-contract (S2C) for small and medium-sized enterprises. How do you define an SME? Oboloo oboloo is an early stage London-based startup.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Pipefy

JANUARY 30, 2024

P2P software like Pipefy makes it easy to fast-track PO cycle time and streamline stakeholder coordination. Contract and compliance management. It also simplifies how they communicate with buyers, accounts payable, update records, submit invoices, and track payments. Purchase orders. Invoice approvals.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

Pipefy

JUNE 15, 2023

Procurement software can help users achieve this goal by ensuring that contracts comply with the organization’s spending policies. Most cloud procurement solutions also have built-in reporting features that allow users to obtain valuable insights into processes at the click of a button.

Procurement 52

Procurement supply chain software solutions Purchase orders Procurement solutions 52

Spend Matters

DECEMBER 13, 2023

Second, legacy vendors that do not offer the above form of intake management have scrambled to repackage existing features as ‘intake.’ Intake covers anything that involves stakeholder engagement, such as the creation of a contract, sourcing event, new supplier, etc. This also extends to AI and generative AI features.

Management 81

Management Stakeholder engagement Purchasing Procurement 81

Procurement Software

JANUARY 9, 2024

It includes everything from finance and contract data to compliance, risk, and ESG assessments. also features a comprehensive custom KPI creation suite, designed to support the capture and tracking of any requirement. It offers features including multi-tier supply chain mapping, risk management and compliance.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Supply Chain Efficiency 52

Supply Chain Game Changer

DECEMBER 17, 2020

All of these products follow a supply chain and are tracked down along every step of it. Programmable – You can create and run applications on a blockchain, like smart contracts, for example. These impressive features also apply to crypto transactions like trading, where you sell or buy Bitcoin.

Supply Chain Efficiency 53

Supply Chain Efficiency Supply chain Supply Raw materials 53

Supply Chain Game Changer

SEPTEMBER 22, 2022

After the contract is signed, goods or services are delivered and payments are made. It’s also good for comparing prices, working out contracts with other suppliers, and creating a path to better supplier relationships. Real-time Spend Tracking. After that, a request for a proposal gets sent out to potential suppliers.

supply chain budgeting 101

supply chain budgeting Real-time Visibility supply chain software solutions Procurement 101

Procurement Heads

JANUARY 4, 2023

I look after our supplier relationship management team which is focused on post-contract supplier relationships. On our large change programmes, my contract managers track the deliverables with suppliers and ensure that our colleagues understand their dependencies, to make sure that suppliers deliver what they need to do.

Supply Chain Efficiency 246

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Suppliers 246

Arkestro

APRIL 25, 2023

Because spend is distributed across many different locations and projects, contract leakages are commonplace. Project delays, contract management, and quality control can further complicate the process—not to mention sustainability goals and risk management.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing supply chain budgeting Real-time Visibility 52

Supply Chain Game Changer

AUGUST 30, 2022

Ensuring that your business keeps good track of all its records is a chief aspect of keeping your company in order. Accounting and expense management are not only important in order to track your business progress and ascertain what the financial situation is, but are fundamental for your business being allowed to function.

Supply Chain Efficiency 87

Supply Chain Efficiency supply chain software solutions supply chain budgeting Supply Chain Optimization 87