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Contract lifecycle management (CLM) providers may be best known for their repositories, clause libraries, obligation management features and authoring. The post How contract management solutions support risk management appeared first on Spend Matters. However, risk is a major element of the contract lifecycle.
Coupa announced during its Inspire 2025 event that it has acquired Cirtuo, a provider of category management (CatMan) software. The move addresses a long-standing gap in many procurement technology offerings: helping teams define and manage procurement strategies, rather than just executing sourcing events. What is Category Management?
In 2025, the world of supply chain management continues to evolve, with technology playing an increasingly vital role in risk mitigation. As businesses face growing complexities in logistics, compliance, and…
The post How spend analytics solutions support risk management appeared first on Spend Matters. This piece covers how risk data specifically comes into play for traditional spend analytics vendors. This content is for members only. Visit the site and log in/register to read.
The high-tech and telecom sectors face a contract management crisis if the process isn’t managed properly. What can CPOs do to ease the contract management burden?
Mastering these skills not only optimizes procurement processes but also positions managers as strategic business partners. SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g., SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g., SAP, Oracle) Procurement software (e.g.,
Visit our In-Depth Guide to Risk Management for an explanation of this complex environment. For today’s vendor viewpoint we spoke with Nick Francis, Chief Technology and Marketing Officer (CTMO) at Commercial Value Management specialist Brooklyn Solutions.
In part 3 we look at the tech that can support Procurement in tariff management. Effective and efficient tariff management is rooted in robust direct materials and supply chain risk management. Direct materials management is essential for aligning demand, supply and product objectives throughout the product lifecycle.
Tariff management is a strategic subset of direct materials management and sourcing that involves navigating and optimizing the complex costs and regulatory implications of importing materials and goods across borders. Tariffs essentially taxes imposed on imports and exports directly impact product cost structures.
The secret is mastering strategic cost management strategies. This GEP bulletin, "Strategic Cost Management Approaches to Unlock Growth and Increase Profitability," breaks this down into clear, actionable steps. How can businesses gain a competitive edge in an era marked by relentless competition and economic fluctuations?
Visit our In-Depth Guide to Risk Management for an explanation of this complex environment. For today’s vendor viewpoint we asked Austin Fuller, Director, Product Marketing at supply chain risk management specialist Exiger Have you witnessed a significant change of appetite for risk-related tech over recent years from your customer base? “Yes,
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.” But from my experience, each team does this very differently, with each using its own technology to manage risk.
As part of our series on all aspects of risk management, we are taking a look at the digital capabilities of risk solutions (supplier risk management, TPRM and SCRM). Risk governance: Risk identification and sensing; Risk analysis and evaluation; Risk treatment and mitigation; Risk monitoring; Incident management.
This Spend Matters Vendor Analysis provides an overview of Docusign and its enterprise contract lifecycle management (CLM) solution. The post Docusign: Vendor Analysis — Contract lifecycle management solution overview, roadmap, user considerations, analyst summary appeared first on Spend Matters. This content is for members only.
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Why stakeholder management matters in procurement digital transformation Stakeholder management is the foundation of any successful procurement digital transformation initiative. To understand why, lets look at the following parallel: Procurement professionals often discuss spend under management (SUM) as a key metric of success.
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The post Spare your supply chain: The risks and rewards of carbon management appeared first on Spend Matters. We explore these risk factors in this article. This content is for members only. Visit the site and log in/register to read.
Thats why local SEO, or Search Engine Optimization, is critically important for any business operation, and Supply Chain Management is no exception. If you are looking for ways to improve your supply chain management performance, e.g., by cutting costs and saving time, you must consider leveraging local SEO.
Technologies LTD): Vendor Analysis — PO Lifecycle Management solution overview, competitors, user considerations, analyst summary appeared first on Spend Matters. This content is for members only. Visit the site and log in/register to read. The post IDAS (M.K.
This article serves as the executive summary of a six-part series built for finance and procurement leaders aiming to strengthen their organizations cash flow management and liquidity position. Cash flow management is no longer an isolated finance function, it requires end-to-end coordination across teams and systems.
In "The Cost-Plus World of Supply Chains: The Macroeconomic and Geopolitical Environment," you'll find lessons from AT&T and GSK on managing today’s supply chain disruptions.
As part of our series on all aspects of risk management, we are taking a look at the digital capabilities of risk solutions (supplier risk management, TPRM and SCRM). Risk governance: Risk identification and sensing; Risk analysis and evaluation; Risk treatment and mitigation; Risk monitoring; Incident management.
To potential buyers CADDi Drawer is an innovative company that leverages cutting-edge AI technology to transform how manufacturing drawings and procurement data are managed. The post CADDi Drawer: Vendor Analysis Drawing management solution overview, competitors, user considerations, analyst summary appeared first on Spend Matters.
This Spend Matters Vendor Analysis provides an overview of ContractSafe and its contract lifecycle management (CLM) solution. ContractSafe focuses on ease of use and attacking common contract management pain points, such as lack of visibility, poor organization and lengthy/expensive implementations. This content is for members only.
Studies have shown that companies implementing autonomous inventory management systems can reduce inventory levels by 10-20%, cut… Supply chain professionals always look for ways to streamline operations and cut waste.
Download this eBook and gain an understanding of the impact of data management on your company’s ROI. Given data’s direct impact on marketing campaigns, reporting, and sales follow-up, maintaining an accurate and consistent database is a top priority for B2B organizations. You'll learn about: The true cost of bad (and good) data.
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In this blog post, we will explain why ITSM Tools are the ideal choice to transform IT management. ITSM stands for IT Service Management. Why Your IT Operation Needs an ITSM Tool Modern IT management demands speed, visibility, and scalability. IT management should be connected to your company’s digital ecosystem.
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When you look behind the scenes of a global business operation, procurement strategy and supply chain management are usually top priorities, though theyre not always working in sync. The Role of Procurement & Supply Chain in Business Success Procurement and supply chain management play pivotal roles in how a business performs.
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Speaker: Ketan Jahagirdar - Sopheon’s Director of Product Management
To be successful, digital transformation involves the strategic application of digitalization to improve a business’ entire system of production, procurement, sales, operations, human resources, and financial management. In short, to basically transform the way a company makes money and delivers value to customers.
In todays fast-paced worldwhere change happens at the click of a buttonrigid, traditional process management models are increasingly misaligned with market demands. Enter Agile BPM an approach that merges the structure of business process management with the adaptability of agile methods. Thats the Agile BPM mindset.
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CEVA Logistics, a global leader in third-party logistics, was contracted to help a technology company manage its complex supply chain, supporting B2B, B2C, and reverse flows across multi-leg transport.
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