Spend Matters

JANUARY 15, 2024

As public procurement teams look for ways to increase their supplier pool, many are being required to prioritize local, veteran- and minority-owned business proactively within the procurement function. Effective contract administration is the last outcome of the S2C focus in public procurement.

Procurement solutions 107

Procurement solutions Procurement Contract administration Contract 107

Una

JANUARY 4, 2023

The Basics of Group Purchasing. Discover the basics of group purchasing and the benefits of working with a group purchasing organization to develop a comprehensive procurement strategy. The basics of group purchasing. Benefits of working with a group purchasing organization.

Purchasing 92

Purchasing supply chain budgeting Procurement strategies Contract 92

Spend Matters

JANUARY 12, 2024

Procurement priorities will shift as budgets increase Driven by expected budget increases in 2024, procurement teams globally will make a dramatic shift in how they spend their time, placing an added emphasis on pursuing ESG goals. As always, reach out to discover how Spend Matters can help with your new year commitments and wishes.

Procurement solutions 113

Procurement solutions Procurement supply chain budgeting Procurement team 113

TYA Suite

APRIL 13, 2025

When your business is small, using spreadsheets or sticky notes to track purchases might seem easy. It saves time, reduces mistakes, and gives you a clear view of all purchases, helping you make better decisions. Once approved, the business selects a trusted supplier, negotiates terms, and sends a purchase order.

Purchasing 40

Purchasing supply chain budgeting Supply Chain Efficiency Real-time Visibility 40

Una

DECEMBER 6, 2022

8 No-Brainer Reasons to Join a Group Purchasing Organization. Procurement no-brainers include low-risk, high-return activities like centralizing data , paying suppliers on time, and optimizing processes. 8 Reasons to join a group purchasing organization. By Hugo Britt | December 6, 2022. Here’s why. Lower risk? Yes, please.

Purchasing 98

Purchasing Procurement strategies Suppliers Risk 98

Procurement Insights

APRIL 2, 2025

Each providers benefits – which I am certain are a combination of ProcureTech providers they haven’t considered- are calibrated to Chevrons scale ($10B-$15B annual procurement spend) and energy-sector needs.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement solutions Supply Chain Efficiency Procurement 52

Spend Matters

DECEMBER 21, 2023

Additional areas where the AI delivers value include contract lifecycle management, procure-to-pay processes of purchase requisitions, invoice processing/reconciliation and payment automation. AI-powered source-to-pay is the future At GEP, we leverage proprietary AI algorithms to streamline all procurement processes.

Procurement solutions 113

Procurement solutions Procurement e2e Real-time Visibility 113

Procurement Insights

FEBRUARY 21, 2025

Key Features of an Orchestration & Intake Model: Internal Enterprise Focus: Unlike a Metaprise, which spans multiple businesses, orchestration optimizes procurement within one company. Workflow Automation: Uses AI and rule-based automation to match requests with the right procurement teams, tools, and policies.

Supply Chain Optimization 75

Supply Chain Optimization Contract management Networking Contract 75

Spend Matters

JANUARY 16, 2024

Spend analytics: Illuminating the path forward In pursuit of cost optimization, spend analytics offers CPOs a panoramic view of their organization’s purchasing activities. For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider.

Procurement solutions 104

Procurement solutions Procurement Spend management Supply Chain Optimization 104

Spend Matters

MARCH 3, 2025

This analysis looks at Hivebuys procure-to-pay solution, its platform and application modules; it gives a competitive landscape assessment, a look at its future roadmap and offers user considerations and an analyst summary. Its integration capabilities and rapid deployment make it a strong market contender.

Budget 116

Budget Buyers Procurement solutions Procurement 116

Procurement Templates

NOVEMBER 21, 2024

SAP, Oracle) Procurement software (e.g., Master Budgeting: Practice building and managing procurement budgets aligned with organizational goals. Analyze Total Cost of Ownership (TCO): Incorporate factors like lifecycle costs, maintenance, and disposal into purchasing decisions. Coupa, Ariba) Data analytics tools (e.g.,

Agile and Lean Supply Chain 130

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

ivalua

JANUARY 13, 2021

. – Cost optimization which comes from two sources: first, the savings that are captured from purchasing through preferred suppliers and compliant channels, and second the lower cost of a more efficient purchasing process. A typical example is purchase order (PO) updates. Criteria to Choose the Right eProcurement Software.

Eprocurement 235

Eprocurement Real-time Visibility Purchase orders Budget 235

Spend Matters

OCTOBER 31, 2024

Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. Discover everything you need to know about these accolades here, including who is on them. What does it mean to be named a Future 5?

Real-time Visibility 123

Real-time Visibility Supply Chain Efficiency Buyers Category management 123

Spend Matters

JANUARY 16, 2023

Tropic’s business model helps Finance, Procurement and Operations teams overcome software sourcing challenges by facilitating negotiations, ensuring compliance, automating the purchase experience and managing contracts with its combined offering of its platform and service layer in the shape of its team of procurement experts.

Procurement solutions 97

Procurement solutions Contract management Procurement Market knowledge 97

Procurement Software

MARCH 16, 2025

A strong data foundation will also facilitate a faster return on investment when implementing AI-driven analytics for future procurement optimisation opportunities. Fewer Emails Procurement teams typically manage more suppliers than Sales teams do customers.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency Purchase orders 52

Arkestro

MAY 2, 2025

Expand Reach and Influence on Spend Predictive Procurement can drive efficiency across procurement by identifying patterns that reduce the amount of time spent on tactical activities. Are you ready to discover the possibilities of Predictive Procurement?

Procurement 52

Procurement Influencing Procurement solutions Price 52

Spend Matters

OCTOBER 24, 2023

Here’s how Onventis describes itself: “We are pioneers in cloud-based solutions, transforming purchasing and finance processes since 2000. Our flagship product, Onventis Buyer cloud software, stands as a comprehensive procurement system designed to empower organizations across all aspects of procurement.

Procurement solutions 113

Procurement solutions Supply Chain Efficiency supply chain software solutions Procurement 113

Procurement Tactics

JANUARY 5, 2023

A PunchOut catalog is a dream come true for many procurement professionals that use an e-procurement system. . It allows them to have a purchasing experience that provides process improvement and better spend management for the entire organization without leaving their e-procurement system. Smooth purchasing transactions.

Buyers 179

Buyers Purchasing Suppliers Price 179

Procurement Tactics

JULY 21, 2022

A procurement portal is an e-procurement solution or tool that allows you to make your purchasing processes online. A procurement portal is a combination of internal procurement software and a vendor portal. . E-Procurement. What is e-procurement? However, not many professionals know this. .

Procurement 147

Procurement Procurement solutions Bidding Competitive bidding 147

Procurement Tactics

JUNE 19, 2023

Management consulting firm Oliver Whyman reports that incumbent companies are currently being overshadowed by a total of 356 procurement startups that offer procurement solutions. One of the main reasons for this is that these businesses are digitalizing procurement solutions.

Procurement 201

Procurement supply chain software solutions Procurement strategies Collaboration 201

Positive Purchasing

MAY 30, 2024

Their leading products help to eliminate outdated source-to-contract processes, empowering procurement teams to save time, reduce spend and transact with confidence. DeepStream offer a great complementary solution which can be integrated with our strategic procurement and negotiation platform, Procleus.

Purchasing 52

Purchasing Category management Procurement team Procurement solutions 52

ivalua

MARCH 16, 2020

In order to establish a unified and consistent source-to-pay process throughout the entire Group, Körber was looking for a fully integrated e-procurement solution. The project to implement the cloud-based platform is led by OptiBuy, a consulting company specialising in procurement management and the implementation of IT solutions.

Agile and Lean Supply Chain 49

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Chief Procurement Officer 49

Spend Matters

APRIL 22, 2024

This Spend Matters Vendor Analysis provides an overview of Penny and its P2P solution. Penny is a cloud-based procurement solution that covers the procurement journey from purchase requisition to sourcing to payments. This Vendor Analysis explores Penny’s platform, application and supporting services.

Purchasing 116

Purchasing Procurement strategies Buyers Procurement solutions 116

Procurement Express

JULY 15, 2024

Dublin, Ireland – [12 July 2024] – SRO Software Ltd, the leading provider of purchasing software solutions, is proud to announce the launch of Rubberstamp.io, a simplified and affordable purchase order management software designed specifically for small businesses. Scalable Solution : Rubberstamp.io Rubberstamp.io

Purchase orders 52

Purchase orders Purchasing Real-time Visibility Management 52

Procurement Tactics

OCTOBER 18, 2022

It integrates departmental information into a single software platform for you to manage procurement and purchasing tasks. . Although it has business-wide applications, SAP Business One offers purchasing functions such as quotation requests, approvals, and good receipt purchase order updates.

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Procurement Express

MARCH 14, 2025

But keeping track of purchase orders, invoices, and spending can quickly become a headache, especially as your business grows. Thats where QuickBooks procurement software comes in. QuickBooks doesnt offer a dedicated procurement tool. Instead, it integrates with third-party solutions that enhance your purchasing processes.

Real-time Visibility 52

Real-time Visibility Purchase orders Procurement Budget 52

Procurement Express

DECEMBER 31, 2024

Then, there is accounting software that people use to keep track of POs, sacrificing a comprehensive procurement suite for all-in-one convenience. And finally, there’s purchase order-specific software. How Does Procurement Management Software Work? How Does Procurement Management Software Work?

supply chain software solutions 40

supply chain software solutions Purchase orders Procurement Real-time Visibility 40

Spend Matters

JULY 29, 2024

This Spend Matters Vendor Analysis provides an overview of Airbase and its solution for AP automation, corporate card and expense reimbursement solutions. Since we last covered Airbase in 2021, the vendor has grown immensely, including the release of a guided procurement solution last year.

Spend management 117

Spend management Procurement Market analysis Buyers 117

ivalua

APRIL 1, 2020

Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. New York, NY March 30, 2020 – Consus , a leading procurement services provider, today announced that Intalere , a healthcare supply chain GPO based in St. Learn more at www.consus-global.com/.

Contract 147

Contract Sourcing Supply Chain Efficiency Supply chain 147

Spend Matters

SEPTEMBER 1, 2022

Having the right technology that allows users to keep processes running as they should safeguards outcomes and can even improve business efficiency – and that can include capital, time and resources,” said Teesta Kaur, enterprise procurement solutions at Zip. That technology can change the process to meet current needs.”

Demand 98

Demand Procurement strategies Procurement Procurement team 98

ivalua

MARCH 11, 2021

System will help improve efficiency and the purchasing experience for government employees and vendors. eVA is Virginia’s award-winning eProcurement portal, which provides a centralized, online purchasing hub for state and local agencies and more than 112,000 approved vendors who provide essential goods and services.

Eprocurement 130

Eprocurement Procurement Spend management Purchasing 130

Spend Matters

MARCH 26, 2025

Companies with multiple locations and decentralized procurement processes are increasingly seeking automation, visibility and control over their spending and, consequently, are moving toward more holistic procurement solutions.

Spend management 73

Spend management Buyers Procurement solutions Procurement 73

ivalua

MARCH 8, 2021

Trends in Procurement Digitization and a Successful implementation: PwC’s vision and best practice. The annual PwC Digital Procurement survey was conducted among 400 Purchasing Departments across Europe.

Procurement solutions 20

Procurement solutions Purchasing Negotiation Procurement 20

ivalua

APRIL 2, 2019

Offshore ultra-deep water drilling company to deploy eSourcing globally across its purchasing function. Pacific Drilling requires a fast, efficient and automated sourcing process to support the company’s Purchasing processes. Consus has been rated amongst the top 10 Procurement service providers by APAC CIO Outlook Forum.

Sourcing 28

Sourcing Supply Chain Efficiency Chief Procurement Officer Supply Chain Optimization 28

ivalua

NOVEMBER 10, 2020

Several years ago, all three states instituted a transaction fee model, whereby vendors were assessed a fee for revenue accumulated through purchases in the state e Procurement system. . These fees made up a relatively small portion of the overall vendor revenue, ranging from a fraction of a percent up to nearly 2% of the purchase.

Procurement 130

Procurement Real-time Visibility Contract Sourcing 130

Procurement Tactics

JUNE 28, 2023

These elements are the main focus of monitoring the procurement process of your company and are the factors that determine whether the procurement is efficient and feasible. Purchase Orders Purchase orders are where the monitoring of the creation and approval of purchase orders comes in.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Spend Matters

MAY 3, 2023

Categories: Innovation , Procurement Systems & Architecture , Purchasing and Sourcing Tags: Podcast Recently Jason Busch, the founder and CEO of Spend Matters, arrived in London from Chicago to attend this year’s Amazon Business Exchange (ABX).

Innovation 96

Innovation Procurement solutions Purchasing Sourcing 96