The Good Spending

JANUARY 3, 2024

My online course, "Modern Approach to Cloud Software (SaaS) Negotiations," is live on Udemy. Software as a Service (SaaS) procurement refers to acquiring cloud-based software applications on a subscription basis rather than through traditional software licensing models. My Udemy course "Value-based Procurement."

Negotiation 59

Negotiation Contract Price Procurement 59

Procurement Tactics

JULY 17, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Choosing a Contract Management Tool Choosing a contract management tool is crucial for your business as you need to select what suits your company the best. So without further ado, let’s start!

Contract management 189

Contract management Contract Management Negotiation 189

ivalua

JULY 14, 2022

Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. A full 84% of procurement leaders agree that dealing with supply chain disruptions has been their biggest career challenge to-date.

Supply Chain Efficiency 244

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Supply chain 244

World of Procurement blog

APRIL 23, 2024

The procurement to pay (P2P) process, also known as purchase to pay, is an essential component of an organization's financial and operational efficiency. It encompasses all steps from the initial identification of a need for goods or services, through procurement and payment, to the eventual reconciliation of accounts.

Procurement 52

Procurement Purchase orders Needs identification Purchasing 52

World of Procurement blog

APRIL 23, 2024

The procurement to pay (P2P) process, also known as purchase to pay, is an essential component of an organization's financial and operational efficiency. It encompasses all steps from the initial identification of a need for goods or services, through procurement and payment, to the eventual reconciliation of accounts.

Procurement 52

Procurement Purchase orders Needs identification Purchasing 52

Procurement Software

APRIL 23, 2024

Spend analytics software would be the first tech investment I’d make in a greenfield Head of Procurement role. You have to know what you’re spending your money on before you can start to transform your procurement operations. To do this quickly and efficiently, spend analytics software is your best friend.

supply chain software solutions 52

supply chain software solutions Real-time Visibility Supply Chain Efficiency supply chain budgeting 52

The Good Spending

JANUARY 21, 2024

We often choose products or services based on their value or price. On the other hand, price is a standard measure that indicates the competitive market for such a product. We select from a few available options by comparing their prices. This post suggests we use a similar approach when purchasing SaaS (cloud software).

Price 59

Price Negotiation Strategy Buyers 59

Spend Matters

DECEMBER 21, 2023

Spend Matters is publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and services providers in the market. Today, for procurement organizations too, applying an AI-first approach has become imperative, especially in the source-to-pay process.

Procurement solutions 83

Procurement solutions Procurement e2e Real-time Visibility 83

ivalua

MAY 6, 2021

The past few years have been a boon for procurement, which has become increasingly strategic and critical to business. The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line.

supply chain software solutions 130

supply chain software solutions Procurement Agile and Lean Supply Chain Supply Chain Efficiency 130

Procurement Software

JANUARY 2, 2024

Last month, we published our first ever Mid-Market Procurement Tech Map. How did we choose the companies for our Mid-Market Procurement Tech Map? How did we choose the companies for our Mid-Market Procurement Tech Map? This will also give you the 20 different primary categories we use across our Procurement Software Finder App.

Procurement 52

Procurement Price Sourcing Demand 52

Procurement Tactics

DECEMBER 7, 2022

33 Procurement Interview Questions in 2022. The financial supply chain is new to many procurement professionals, especially those who have just started their journey in the procurement and supply chain industry. . This approach involves the procure-to-pay cycle, order-to-cash cycle, and working capital management. .

Supply Chain Efficiency 181

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Supply chain 181

ivalua

MARCH 27, 2023

E-invoicing Mandate | France 2024 March 27, 2023 | | Procurement Strategy by Steve Carter The biggest change to Accounts Payables since the introduction of double entry journals is about to hit finance departments–but are they prepared? Almost all governments are looking to onboard CTCs, with most of Europe being covered by 2026.

Procurement strategies 130

Procurement strategies Agile and Lean Supply Chain Real-time Visibility Networking 130

ivalua

JULY 11, 2022

New release features AI-powered contract management, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . Procure-to-Pay. AI-powered contract management. On the AI front, Ivalua enhanced its leading CLM solution with AI-Powered Contract Data Capture.

Supply chain resilience 130

Supply chain resilience Collaboration Supply Chain Efficiency supply chain budgeting 130

Procurement Tactics

AUGUST 19, 2022

33 Procurement Interview Questions in 2022. Through their quotes, you can compare their prices. Paying in time can foster good vendor relationships. . My name is Marijn Overvest, I'm the founder of Procurement Tactics. First Name. Download Free PDF. Or receive our famous weekly newsletter. What is Vendor Management?

Vendor management 130

Vendor management Management e2e Negotiation 130

ivalua

JANUARY 31, 2022

Last week, Ivalua partnered with Ardent Partners to discuss Procurement 2022: Big Trends and Predictions. . Procurement 2022: Big Trends and Predictions. #1. in October 2021*, the highest in more than three decades, as measured by the Consumer Price Index (CPI). View Webinar Replay. Impact from Covid-19 will be massive.

Procurement 130

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

ivalua

OCTOBER 24, 2021

The partnership with TransferMate removes this friction, creating a transparent, rapid and low-cost solution to paying suppliers anywhere in the world. With this, businesses can unlock new opportunities and innovations by finally closing the cash gap between procurement and suppliers. With global trade volumes expected to grow by 4.7%

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain software solutions Spend management Suppliers 130

ivalua

DECEMBER 21, 2021

The project has been delivered in partnership with Optis Consulting, a leading Source-to-Pay consultancy. Together with its strategic partner Optis Consulting, Ivalua’s solution has digitally enabled FCL’s policies and processes for core procurement activities, including sourcing and contract management. About Ivalua.

Contract 130

Contract Sourcing Suppliers Data 130

Procurement Tactics

AUGUST 30, 2022

33 Procurement Interview Questions in 2022. E-Procurement — Everything You Should Know. E-procurement has been adopted by many organizations as it simplifies the process of procurement. For this article, we will discuss what e-procurement is all about. We will also show you the steps of e-procurement. .

Procurement 130

Procurement Supply Chain Efficiency Purchasing Suppliers 130

Spend Matters

AUGUST 10, 2022

Categories: eProcurement / Procurement , P2P , Procurement Systems & Architecture Tags: PRO Precoro is a cloud-based procure-to-pay software solution that started within the SME market space and today is gaining traction with some clients in the Middle Market segment.

Eprocurement 70

Eprocurement Procurement solutions Price Procurement 70

Procurement Software

FEBRUARY 21, 2023

What do Procurement Software, G2 and Capterra do? Procurement Software, G2 and Capterra are all software comparison websites. All three offer different features which allow the user to compare and contrast different types of procurement software products. How is Procurement Software different?

Procurement 59

Procurement Influencing Contract Contract management 59

ivalua

MARCH 1, 2022

In late 2021, The Hackett Group asked Procurement Leaders about their strategic priorities and initiatives for the coming year. After a rollercoaster 2021, how do we pivot and plan for a successful Procurement strategy in 2022? . We expect procurement organizations will continue to enhance visibility, agility, and capability. .

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Procurement team supply chain software solutions Sustainability 130

Spend Matters

OCTOBER 25, 2022

Categories: Procurement Strategy & Planning , Purchasing , Technology Tags: procurement strategy and planning , SaaS It’s time procurement caught up with the fourth industrial revolution. Even today, procurement tech companies still seek to optimize the old paradigm of “buying more for less” without challenging it.

Purchasing 84

Purchasing Procurement strategies Influencing Budget 84

Spend Matters

APRIL 4, 2024

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data. ‘ The major highlights are described below.

Procurement 83

Procurement Risk management Raw materials supply chain software solutions 83

ivalua

OCTOBER 24, 2021

The partnership with Transfermate removes this friction, creating a transparent, rapid and low-cost solution to paying suppliers anywhere in the world. With this, businesses can unlock new opportunities and innovations by finally closing the cash gap between procurement and suppliers. With global trade volumes expected to grow by 4.7%

Supply Chain Efficiency 100

Supply Chain Efficiency supply chain software solutions Spend management Suppliers 100

Spend Matters

OCTOBER 3, 2023

We recently spoke with procurement solution providers to discover what their customers are asking of them. In a new series of investigations Spend Matters is speaking with representatives from the world of procurement tech practitioners and consultants to discover the word on the street about the challenges of ‘turning digital.’

Procurement 77

Procurement Price Buyers supply chain budgeting 77

Procurement Insights

SEPTEMBER 21, 2023

” – Procurement Insights (August 4th, 2009) I received an email today from one of the contacts I have at Certinal, in which the person wrote the following: “It’s no more just about gaining a 50% savings versus legacy vendors, Certinal eSign is also a “Leader” in IDC MarketScape Worldwide eSignatures Software 23.”

Innovation 63

Innovation Price Budget Procurement 63

Una

DECEMBER 8, 2022

5 Meaningful New Year’s Resolutions for Procurement. With 2023 just around the corner, it’s time for procurement professionals to make sure they get off to a flying start in the new year with some high-impact resolutions. 5 New Year's resolutions for procurement. By Hugo Britt | December 8, 2022. Survey fast and often.

Procurement 96

Procurement Contract Purchasing Suppliers 96

Procurement Software

OCTOBER 3, 2023

The topic of supplier consolidation is a popular one, especially across indirect procurement spend. It’s rarely strategic suppliers who cause procure-to-pay pain. These core vendors are the ones supplying daily or weekly, and who are in constant dialogue with either Procurement, or you Stores and Operations teams.

Supplier consolidation 59

Supplier consolidation Suppliers Procurement Category management 59

Arkestro

JUNE 20, 2023

Research-backed procurement strategies can help CFOs achieve their goals while minimizing risk exposure across global supply chains. This blog will cover the current challenges facing CFOs and procurement teams and several strategies that can be implemented to drive cost savings and increase efficiency.

Procurement strategies 52

Procurement strategies Supply Chain Efficiency Strategy supply chain budgeting 52

Procurement Tactics

MARCH 27, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. Thus, why it is critical to the success of an organization.

supply chain budgeting 192

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 192

Una

JANUARY 1, 2024

5 Meaningful New Year's Resolutions for Procurement Sourcing Heroes can set their organization up for success by creating meaningful and realistic new year’s resolutions for procurement. Now’s the time for procurement professionals to make sure they get off to a flying start with some high-impact resolutions.

Procurement 52

Procurement supply chain software solutions Contract Suppliers 52

Una

AUGUST 4, 2022

IT Procurement | 'Stranger Things' Keeping IT Buyers Awake at Night. Suffering from a lack of spend data visibility in IT procurement. Is there something nasty lurking in your IT procurement data ? The term refers to the common situation where employees purchase software that hasn’t been authorized by the central team.

Buyers 98

Buyers Procurement supply chain software solutions Contract 98

Una

JULY 26, 2022

Take IT in procurement as an example. Investment in procurement technology provides the opportunity to centralize your spend data, boosting visibility, reducing risk, and (crucially) enabling spend analytics. This refers to software and systems being purchased without the approval of the centralized IT team.

supply chain software solutions 98

supply chain software solutions Supplier consolidation Purchasing Contract 98

ivalua

JUNE 15, 2022

Learn how Körber leveraged Ivalua’s software tools to automate and streamline tactical activities while keeping strategy front and center. At our annual Ivalua NOW event in Paris, France–Ivalua asked, “Is your procurement team prepared to respond to unexpected supplier chain issues with speed and agility?”. Session REPLAY.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain software solutions Agile and Lean Supply Chain Innovation 130

Zycus Cognitive Procurement

JANUARY 16, 2023

Challenges in Streamlining Procurement Process. Beyond the poor experience that a business user (requisitioner) faces, the Category manager or the Buyer in the procurement core team also face multiple challenges like: . Such a broken procurement process also impact the procurement KPIs across multiple fronts like: .

Sourcing 52

Sourcing Real-time Visibility Procurement Buyers 52

The Procuretech Podcast

AUGUST 1, 2023

In the world of cross-border supply chains and procurement processes, innovation is revolutionizing the way businesses operate. In this exclusive interview series recorded live at the Procurement Summit, we dive into the minds of some visionary procuretech startup founders who are at the forefront of driving change in the industry.

Procurement 40

Procurement supply chain software solutions supply chain budgeting Budget 40

The Procuretech Podcast

AUGUST 1, 2023

In the world of cross-border supply chains and procurement processes, innovation is revolutionizing the way businesses operate. In this exclusive interview series recorded live at the Procurement Summit, we dive into the minds of some visionary procuretech startup founders who are at the forefront of driving change in the industry.

Procurement 40

Procurement supply chain software solutions supply chain budgeting Budget 40