Procurement Software

NOVEMBER 28, 2022

This statistic comes from a recent article all about the procurement analytics software market and its potential to explode in terms of growth. It states that the procurement analytics market size is to grow from $2.6 It states that the procurement analytics market size is to grow from $2.6 during that period.

Procurement 59

Procurement supply chain software solutions supply chain budgeting Supply Chain Efficiency 59

Procurement Software

JANUARY 16, 2024

Could more visionary procurement leaders be the cure for procurement teams not getting the recognition they deserve? It’s time to start replacing the technocratic, process-obsessed procurement teams. We must usher in a more visionary and value-focused group of procurement leaders and CPOs. The Status Quo has got to GO!

Procurement 52

Procurement Procurement team supply chain budgeting Budget 52

Procurement Software

MAY 16, 2023

Buying Procure-to-Pay software (P2P) can bring huge benefits to your business. Having a single platform for the entire procurement process is not only a simple and efficient way to work. It can liberate procurement professionals by automating much of the drudgery zone of administrative and operational procurement.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

The Procuretech Podcast

JULY 12, 2022

This week we're looking at something we rarely talk about on the podcast - the public sector. Grant hails from the UK, but his experience should be applicable to public procurement in any developed markets. They developed a piece of software with MIT in Boston to run the ordering and procurement process for the business.

Sourcing 52

Sourcing Contract management Data Inventory 52

Procurement Software

MARCH 11, 2022

Some of the advantages that procurement analytics software can provide. No clear understanding of the extent of maverick spend – i.e. the % of total spend which is not being managed by a procurement professional. It’s not easy for a procurement manager to do a spend analysis from scratch. The key watch-outs with both approaches.

supply chain software solutions 52

supply chain software solutions Real-time Visibility Data Category management 52

Procurement Software

MARCH 11, 2022

Some of the advantages that procurement analytics software can provide. No clear understanding of the extent of maverick spend – i.e. the % of total spend which is not being managed by a procurement professional. It’s not easy for a procurement manager to do a spend analysis from scratch. The key watch-outs with both approaches.

supply chain software solutions 52

supply chain software solutions Real-time Visibility Data Category management 52

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. Mid-market businesses, on the other hand, could invest in this software and easily see a quick return if they have the right change management and procurement talent in place.

Contract management 52

Contract management Contract e2e Management 52

Procurement Software

AUGUST 8, 2023

nShockwaves were sent through the procurement software industry last December when the Coupa software acquisition was announced. Aside from the obviously devastating blow this is to their former employees, what is the wider and longer lasting impact of Coupa’s acquisition on the procurement software industry?

supply chain software solutions 52

supply chain software solutions Agile and Lean Supply Chain supply chain budgeting Procurement team 52

The Procuretech Podcast

NOVEMBER 23, 2021

His first experience of procurement was serendipitous, having sold his first software company to Lexmark, who then engaged him on an assignment to look into costs in their IT category. Their cost is in the low 6-figure ($) typically versus price tags of over $1 million for enterprise level S2P suites. Stay in touch!

Vendor relationships 40

Vendor relationships Sourcing Management Vendor management 40