Procurement Tactics

OCTOBER 18, 2022

Supplier Relationship Management Software — Everything You Should Know. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. However, what is this supplier relationship management software?

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Supplier relationship management supply chain software solutions Suppliers Management 181

Procurement Express

OCTOBER 6, 2022

In fact, we have decided to focus on fixing those pesky bugs for the next few months and keep the addition of new features to a minimum. The “Edit after approval” feature was not working for the finance role. The supplier import template was not the same as the supplier export. We released version 2.2.20

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Export Purchase orders Budget Import 52

Procurement Express

SEPTEMBER 28, 2022

In fact, we have decided to focus on fixing those pesky bugs for the next few months and keep the addition of new features to a minimum. New feature: All our Canadian customers will be happy to know that we now support combined tax rates! To use this feature, go to Company Settings -> Tax -> Create new tax rate.

Purchase orders 52

Purchase orders Purchasing Suppliers Import 52

Procurement Express

FEBRUARY 16, 2023

In 2023, we’ve already made significant updates, including new features, bug fixes, and security improvements. Our development team has been working hard to add more magical features to our mobile app! The Document Scanner feature will save you time when creating your purchase orders. Access the feedback portal.

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Purchase orders Purchasing Export Budget 52

Procurement Express

OCTOBER 20, 2022

In fact, we have decided to focus on fixing those pesky bugs for the next few months and keep the addition of new features to a minimum. Please note that this feature will not replace you as the approver on any existing requests. The suppliers will no longer be removed from departments, which happened in certain configurations.

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Import Suppliers 52

Finale Inventory

SEPTEMBER 28, 2023

Integrations SkuVault and Finale provide integrations with popular ecommerce platforms, marketplaces, and financial software—a crucial feature for businesses selling on multiple channels. SkuVault and Finale offer additional features to improve seller capabilities further. Example of a kit.

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Inventory Purchase orders Order Fulfillment Price 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. Users can search suppliers based on the content of profiles by using predefined filters, tags or simple queries.

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Suppliers Collaboration Buyers Supply Chain Optimization 79

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 are procurement tools? What are e-procurement tools?

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Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Pipefy

JANUARY 9, 2024

Procurement process optimization to achieve cost savings and better supplier relationships with digital solutions. User portal for incident reporting The team can create a user-friendly portal where employees can report incidents not automatically detected. To optimize IT request management, incorporating technology is crucial.

Real-time Visibility 52

Real-time Visibility Contract management Contract Management 52

ivalua

MARCH 11, 2021

eVA is Virginia’s award-winning eProcurement portal, which provides a centralized, online purchasing hub for state and local agencies and more than 112,000 approved vendors who provide essential goods and services. Ivalua’s platform will further modernize the Commonwealth’s eProcurement system. “CGI Mid-Atlantic Business Unit Leader.

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Eprocurement Procurement Spend management Purchasing 130

Spend Matters

JULY 27, 2023

A well-run supplier onboarding program is essential for any business that wants to ensure a smooth and efficient procurement process. By taking the time to onboard new suppliers properly, you can help to mitigate risks, improve communication and build strong relationships. The system should be easy to use and update.

Suppliers 81

Suppliers Supply Chain Efficiency Risk management Risk 81

Arkestro

AUGUST 1, 2022

Constrained supply chains and the associated shortages have resulted in mounting pressures from the government and investors for organizations to diversify their supplier bases. The supplier relationship management dynamic has changed, with procurement processes becoming increasingly supplier-centric. Supplier Frustrations.

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Supplier relationship management Suppliers Management Buyers 52

Procurement Tactics

AUGUST 31, 2022

We will check its features and benefits that will help your organization to develop further. . The first one is a point-to-point connection between an organization and the suppliers which is usually the case when using EDI invoicing. . The second option is through a network that connects multiple organizations and suppliers.

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supply chain software solutions Procurement supply chain budgeting Supply Chain Efficiency 130

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.

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

HICX

JUNE 28, 2022

The third Supplier Experience Community event recently took place, this time welcoming around thirty executive attendees, from some of the leading global brands. Supplier Experience Community: Background. Onboarding process: This remains long and onerous for many suppliers. Three areas to focus on.

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Agile and Lean Supply Chain Suppliers Supply Chain Efficiency Collaboration 52

Procurement Software

FEBRUARY 27, 2024

In summary, source-to-pay enables strategic sourcing and supplier selection at the upstream end. Many, however, don’t have this as a feature. Their price point can vary tremendously, depending on the number of features. The downside of this is that they aren’t as feature rich. That’s the second difference.

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Sourcing Contract management Price Procurement 52

ivalua

OCTOBER 8, 2021

Do they reallocate spend toward interactive displays and other in-store features that encourage engagement and focus on customer experience? Disrupted supply chains had many retailers looking for alternative local suppliers for equipment, materials, supplies, and more. . Attack GNFR Spend.

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Procurement Supply Chain Optimization Procurement team Purchasing 130

Pipefy

JANUARY 4, 2024

While each serves a different purpose, process inefficiencies like manual work or disjointed systems can lead to costly delays, lags in communication, and poor customer or supplier relationships. Learn more about the differences between these two processes and how each can benefit from business process automation. What is order-to-cash (O2C)?

Procurement 52

Procurement Purchase orders Purchasing Suppliers 52

IBM Supply Chain Blog

NOVEMBER 15, 2023

These features—along with a broad range of traditional machine learning and AI functions —are now available to independent software vendors (ISVs) and managed service providers (MSPs) as part of IBM’s embeddable software portfolio, supported by the IBM Ecosystem Engineering Build Lab and partner ecosystem.

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supply chain software solutions Supply Chain Efficiency Supply chain management Supply chain management 92

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 features workflow automation for purchase requisitions (PRs), purchase orders (POs), and approvals.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

HICX

MARCH 30, 2023

Supplier Segmentation: One Size Does Not Fit All As Dr Epstein points out, “The way in which we work with our suppliers has to change.” All of these efforts rely upon a frictionless exchange of information between the enterprise and its entire base of suppliers. Never has this statement been more true or more urgent.

Suppliers 52

Suppliers Supply Chain Efficiency Data supply chain budgeting 52

Jaggaer

APRIL 21, 2020

While government entities like the State of Georgia are exceptional at negotiating statewide contract discounts with suppliers, if employees are not able to access and take advantage of these discounts, they do little good. Easy-to-use features and intuitive operations drive contract compliance and intelligent spending by end-users.

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Procurement Eprocurement Contract Negotiation 52

Procurement Express

DECEMBER 23, 2022

Those who use flexible supplier lists will notice that the functionality has been restored where unit costs are populated for new line items. We have limited the invoice file names to include only 40 characters of supplier names. You might have noticed that the supplier and budget logs had some loading issues.

Budget 52

Budget Export Quantity Influencing 52

Pipefy

OCTOBER 24, 2023

Portals group and organize different forms in a single place to standardize and centralize important information, such as request forms, policies, and more. Portals also give vendors the ability to self-serve by accessing forms when they need them. Learn more about portals , and how to create and customize them.

Real-time Visibility 52

Real-time Visibility e2e Procurement Procurement team 52

HICX

DECEMBER 6, 2022

The benefits of supplier centricity. As Adam Brown , Procurement Strategy & Digital Transformation at Maersk puts it, “Procurement needs to play the role of enabler, ensuring that it asserts its role in ‘getting the data shaped up,’ and using its insight and expertise to understand the supplier experience in its entirety.” .

Suppliers 52

Suppliers Collaboration Quality Risk 52

Pipefy

JANUARY 5, 2023

As a result, procurement teams often struggle to retain visibility and control over requisitions, purchase orders , approvals, and supplier management tasks. This is a feature known as “ stack extensibility. ”. Digital procurement tools: features and benefits. Security Includes industry-standard features to protect data.

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Procurement Procurement team supply chain software solutions e2e 52

ivalua

AUGUST 5, 2020

Remove of overhead of payment queries with real-time Supplier updates. The AP journey starts even before the Supplier Invoice is received, and before the Supplier’s billing team generates the invoice, it begins with the Buyer’s Order. Touchlessly matches Invoices to suppliers to master data.

Budget 130

Budget Buyers Collaboration Purchase orders 130

SupplyShift

JANUARY 25, 2022

As companies act upon their commitments, they realize the critical role suppliers play in shaping their sustainability story. This, for many, raises the question: How do I engage my suppliers to improve? Of course, it’s unrealistic to expect all suppliers to meet your sustainability standards immediately.

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Sustainability Supply Chain Efficiency Suppliers Supply chain 52

SupplyShift

JANUARY 25, 2022

As companies act upon their commitments, they realize the critical role suppliers play in shaping their sustainability story. This, for many, raises the question: How do I engage my suppliers to improve? Of course, it’s unrealistic to expect all suppliers to meet your sustainability standards immediately.

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Sustainability Supply Chain Efficiency Suppliers Supply chain 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. They allow the inclusion of flags, supplier rating, predefined help or FAQs in the search.

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Procurement Real-time Visibility Purchasing Inventory 78

Pipefy

JANUARY 4, 2023

Supplier relationship management (SRM). First, by standardizing these requests through the use of digital forms and portals that use rules to prevent missing or incomplete information. When combined with other automation features such as email or messaging notifications, tracking the status of the PO becomes effortless.

Procurement 52

Procurement Procurement team Purchase orders e2e 52

Pipefy

NOVEMBER 14, 2023

Key features of an effective virtual agent There are currently several options for businesses in search of an effective virtual agent. In addition to those needs, consider these features, as well: Continuous learning A virtual agent should improve its performance over time by learning from its own mistakes.

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Real-time Visibility Purchasing Procurement Management 52

Spend Matters

NOVEMBER 2, 2023

Similarly, the SAP Business Network Supplier Portal solution is also now embedded within SAP S/4HANA RISE Premium Plus Edition, providing access to key Network capabilities for PO and invoice automation. AI, GenAI and Joule SAP made some announcements about SAP Joule, its GenAI-powered copilot solution.

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Networking Spend management Suppliers Supply Chain Optimization 88

Procurement Software

MARCH 7, 2023

The digital P2P process provides intelligent transaction automation between your company, suppliers and their receipt of payments. One of the first things to be digitised was the transfer of money from customer to supplier, via bank transfer. This is due to spend and supplier data being consolidated in one single system.

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

Procurement Software

JUNE 20, 2023

While this article focuses on procurement contract management software, some of these platforms also have features for Sales and Legal. And what do they offer in terms of features and product, as well as what differentiates them? They may have these features built in to some extent. Which leads us nicely onto the next question.

Contract management 52

Contract management Contract e2e Management 52

IBM Supply Chain Blog

APRIL 25, 2024

This might entail automating repetitive tasks, reorganizing workflows for minimizing bottlenecks, renegotiating contracts with suppliers to secure better terms, or by using technology to improve collaboration and communication. This can enable significant cost savings and improve profitability.

Supply Chain Efficiency 53

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting supply chain software solutions 53

Jaggaer

JULY 21, 2020

How much do you enjoy routine tasks such as updating dozens of price lists, generating purchase requests, and entering and reviewing information for multiple suppliers? And without that control, it is impossible to secure benefits such as savings and excellen t supplier performance. Robotic Process Automation.

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