Spend Matters

NOVEMBER 26, 2024

Many spend analytics vendors apply that analytical expertise elsewhere, such as contracts, carbon emissions or supplier performance. The post How spend analytics solutions support risk management appeared first on Spend Matters. Spend analytics vendors do what their name implies: they derive insights from spend data.

Risk management 119

Risk management Risk Management Contract 119

Spend Matters

OCTOBER 31, 2024

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.

Risk management 117

Risk management Risk Import Real-time Visibility 117

Spend Matters

OCTOBER 31, 2024

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.

Risk management 116

Risk management Risk Management Real-time Visibility 116

Spend Matters

NOVEMBER 19, 2024

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,

Risk management 113

Risk management Risk Management Real-time Visibility 113

Spend Matters

DECEMBER 11, 2024

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.

Supply Chain Optimization 112

Supply Chain Optimization Management Supply Chain Efficiency Supply chain resilience 112

Spend Matters

DECEMBER 4, 2024

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.

Contract management 113

Contract management Risk management Contract Risk 113

Spend Matters

OCTOBER 30, 2024

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.

Risk management 117

Risk management Risk Management Collaboration 117

Spend Matters

NOVEMBER 4, 2024

By providing a unique supplier portal that integrates data from various ERP systems, IDAS helps manufacturers maintain on-time delivery rates, ensuring operational efficiency and stability in complex supply chains. This content is for members only. Visit the site and log in/register to read. The post IDAS (M.K.

Supply Chain Efficiency 116

Supply Chain Efficiency Management Supply chain Buyers 116

Spend Matters

MARCH 25, 2025

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.

Stakeholder engagement 98

Stakeholder engagement Management Procurement Influencing 98

Spend Matters

APRIL 29, 2025

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.

Real-time Visibility 96

Real-time Visibility e2e Procurement Management 96

Spend Matters

NOVEMBER 18, 2024

This Spend Matters Vendor Analysis gives an overview of smartKYC, a risk (supplier due diligence) solution built to ensure that organizations stay on top of reputational and compliance risks. This Vendor Analysis provides an overview of smartKYC, a look at the competitive landscape, user considerations and an analyst summary.

Risk 113

Risk Suppliers Supply chain Buyers 113

Let's Talk Supply Chain

MARCH 2, 2025

In this fast-paced economic landscape, the importance of strategic supplier relationship management cannot be overstated. Join ‍us as we delve into the world of Supplier Relationship Management, unlocking the secrets to success in the face ‍of tariff uncertainty.

Supplier relationship management 52

Supplier relationship management Data Suppliers Management 52

Spend Matters

JANUARY 21, 2025

These virtual cards enhance control and visibility over spending while simplifying the payment processes for suppliers and vendors. The surprising truth behind a 3% fee Imagine youre a supplier juggling tight margins, long payment cycles, and increasing operational demands. What may seem like a burden is, in fact, a savvy investment.

Suppliers 108

Suppliers Vendor relationships Price Purchasing 108

Procurement Templates

DECEMBER 11, 2024

Strategic Objectives Cost Savings: Achieve cost reduction targets through effective supplier negotiations and strategic sourcing. Supplier Relationship Management: Build and maintain strong supplier partnerships to ensure long-term business value. Savings can be cashable or non cashable i.e. cost avoidance.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Cost of ownership 130

Spend Matters

APRIL 14, 2025

Such capabilities are especially important for high-mix, low-volume manufacturers that need to continuously identify optimal suppliers for a wide variety of existing and new parts. The solution leverages algorithms tailored to 2D drawings to make parts searchable by shape, text, dimensions and name. This content is for members only.

Management 108

Management Buyers Quality Innovation 108

Spend Matters

OCTOBER 30, 2024

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.

Risk management 112

Risk management Risk Management Collaboration 112

Spend Matters

FEBRUARY 17, 2025

In this Spend Matters Vendor Analysis we provide an overview of Samification by The Classification Guru (TCG) and its solution for supplier normalization. Whether it is messy supplier or spend data or files nested in random Google Drives and Excel files, every company can identify a data source theyd like to have cleaned.

Suppliers 96

Suppliers Market analysis Data Buyers 96

SCMDOJO

FEBRUARY 15, 2025

One of the most effective strategies for building resilience is integrating project management into supply chain operations. A well-managed supply chain does not just survive crises it thrives in them. Improve collaboration between suppliers, manufacturers, and logistics partners.

Project management 78

Project management Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 78

Skill Dynamics

DECEMBER 4, 2024

As a procurement professional, ensuring your suppliers are acknowledging the role of sustainability within their practices is highly important for, not only the obvious – improving the planet – but building effective relationships and meeting your company’s objectives. What Should a Supplier Sustainability Assessment Contain?

Sustainability 52

Sustainability Suppliers Supply Chain Efficiency Ethics 52

Spend Matters

NOVEMBER 13, 2024

When we talk about reputational risk, we refer to damage to a company’s name or brand resulting from the negative actions (inadvertent or not) of a top-tier supplier or sub-tier part of the supply chain. Find our in-depth guide to third-party and supply chain risk management with accompanying free download here.

Risk 113

Risk Supply Chain Efficiency Supply chain Suppliers 113

Spend Matters

JANUARY 7, 2025

Maja Tepeh , Senior Brand Manager at supply chain risk management solution Prewave , shares what their customers are looking for from their digital procurement investment. On the growth side, selecting sustainable suppliers helps companies improve retention among their customer base.

supply chain software solutions 117

supply chain software solutions Supply Chain Efficiency Procurement Raw materials 117

Spend Matters

DECEMBER 23, 2024

Alexandra Arens , Senior Content Marketing Manager at Onventis , shares what their customers are looking for from their digital procurement investment based on the 2024 Procurement Barometer study results and the DACH SME Procurement Barometer 2024. Metrics around supplier consolidation and spend concentration are also common.

Procurement 123

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supplier consolidation 123

Spend Matters

MARCH 12, 2025

This Spend Matters Vendor Analysis gives an overview of Forestreet, a supplier discovery solution. That is why supplier scouting/discovery is making a comeback (after years of putting ‘supplier rationalization’ at the top of every organizations priority list). This content is for members only.

Suppliers 80

Suppliers Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency 80

Spend Matters

NOVEMBER 25, 2024

In this Spend Matters Vendor Analysis we provide an overview of SpendHQ and its solution for spend analytics and procurement performance management. Spend analytics is crucial for procurement teams as it provides valuable insights into the organization’s spending patterns, supplier performance and potential cost-saving opportunities.

Procurement team 120

Procurement team Market analysis Strategic sourcing Strategic sourcing 120

Spend Matters

NOVEMBER 7, 2024

What is Halo Ai HaloAi is a third-party risk management (TPRM) solution that aims to be a one-stop shop for third-party risk so that organizations do not need multiple point solutions. The product is already able to support financial, cyber, geopolitical and economic risk management today, alongside various ESG metrics.

Risk management 114

Risk management Risk Suppliers Supply chain 114

SCMDOJO

JANUARY 9, 2025

Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. It involves a methodical approach aimed at developing long-term supplier relationships, mitigating risks, and improving overall cost efficiency. Done well, it can become a key driver of competitive advantage.

Strategic sourcing 96

Strategic sourcing Strategic sourcing Sourcing Procurement 96

Procurement Leaders

MARCH 10, 2025

But it also means developing and maintaining supplier relationships at many different levels, in many different markets and for reasons beyond straightforward, traditional economics. First, it means aligning the procurement and supply strategy with that of the wider organisation more so than ever.

Chief Procurement Officer 130

Chief Procurement Officer Management Supply market Procurement 130

Spend Matters

APRIL 22, 2025

This Spend Matters Vendor Analysis gives an overview of Enlighta Spice, a supplier governance and risk solution built to manage performance and risks related to external spend with a focus on services spend. This content is for members only. Visit the site and log in/register to read.

Risk 69

Risk Suppliers Risk management Supplier relationship management 69

Spend Matters

NOVEMBER 19, 2024

As part of our theme this quarter on Procurement’s role and value in supply chain risk management, we are speaking with practitioners in the field to understand their perceptions of risk — clearly different industries perceive types of risk in different ways. Risk impact assessment carried out by internal functions along with suppliers.

Risk 113

Risk Strategy Agile and Lean Supply Chain Supply Chain Optimization 113

Spend Matters

DECEMBER 10, 2024

In todays interconnected business landscape, companies rely on suppliers and service providers for core procure-to-pay (P2P) activities, including order processing, invoicing and payments. This content is for members only. Visit the site and log in/register to read.

Risk 113

Risk Risk management Procurement Supply chain 113

Skill Dynamics

APRIL 24, 2025

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.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

Spend Matters

MAY 1, 2025

It is now a strategic enabler of operational efficiency, cost savings and supplier innovation. Heres where e-procurement processes often break down: Fragmented catalog and supplier management: Inconsistent supplier onboarding and unstructured catalogs result in pricing discrepancies and procurement delays.

Real-time Visibility 77

Real-time Visibility supply chain budgeting Procurement Supply Chain Optimization 77