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8 Procurement Software Best Practices For 2025

ivalua

In this post, we’ll break down proven strategies to help you streamline processes, improve visibility, and take back control of your procurement stack. Key Takeaways What is Procurement Software – and why is it important? Then, implement tools that automate those rules across sourcing, contracting, and purchasing activities.

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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Unfortunately, outdated tools and fragmented processes make it difficult to maintain visibility across the supply chain and adapt at the pace of business. Drawing on real-world use cases and proven frameworks, we highlight what separates high-performing teams from the rest, and how to build a foundation for smarter, more agile procurement.

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How the importance of risk management has changed for procurement – and what to do about it

Spend Matters

As little as 10 years ago, we heard stories of pretty much indifference to risk: “supply risk management was young,” we heard, and “we didn’t worry too much about risk; we spent a very small percentage of our time on it.” It’s often felt that it just adds more time to the procurement process. That statement couldn’t be less true today.

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Procurement Technology: Enterprise Solutions Driving Efficiency and ROI

ivalua

This guide breaks down the key procurement technologies in use today and the trends reshaping the future, such as AI-driven sourcing, predictive risk management, and deeper integration across the supply chain.

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Procurement vs Purchasing: Key Differences, Workflows, and Enterprise Risks

ivalua

Technology unifies procurement and purchasing, improving visibility, compliance, and workflow automation. Procurement is the strategic, big-picture approach to sourcing and supplier relationship management, while purchasing is the tactical execution of those plans. What is Procurement? 5 Key Differences: Strategic Procurement vs.

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Part 3: Making the Case for Agentic AI in Procurement

ivalua

This is why a unified procurement platform —one that centralizes and standardizes data across the Source-to-Pay (S2P) lifecycle—remains indispensable and is core to making the case for Agentic AI in procurement. AI agents can then access real-time, high-fidelity information, boosting the reliability of their insights.

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Supply Chain Visibility Has Never Been More Important!

Supply Chain Game Changer

In the midst of the Coronavirus pandemic the need for complete, end to end Supply Chain visibility has never been more important! The necessity for visibility started with store shelves being emptied of toilet paper , food, and various household items. Full visibility as to your whereabouts exists and is used every day.