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New Year Insights for the procurement solutions and services marketplace 2024: GEP

Spend Matters

AI can help create greater efficiency and value across all source-to-pay processes, including spend analysis, opportunity identification, sourcing and contract management, category management, supply relationship management and risk management.

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Everything You Need to Know About Procurement Solutions

Pipefy

In its long history , procurement has evolved from self-contained purchasing entities to an essential business partner handling processes involving several departments and many subprocesses. Because of this, carrying out its operations manually is time-consuming and incredibly expensive for businesses.

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The Pivotal Role of Technology in Modern Procurement

World of Procurement blog

Electronic Procurement (e-Procurement) Systems Electronic procurement platforms streamline the purchasing process by allowing businesses to automate operations such as order placement, invoicing, and payment processing. This technology significantly reduces manual work, minimizes errors, and speeds up transaction times.

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The Pivotal Role of Technology in Modern Procurement

World of Procurement blog

Electronic Procurement (e-Procurement) Systems Electronic procurement platforms streamline the purchasing process by allowing businesses to automate operations such as order placement, invoicing, and payment processing. This technology significantly reduces manual work, minimizes errors, and speeds up transaction times.

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AI and the practice of Procurement – Contracting and Legal

Spend Matters

We recently spoke with Stuart Brock , founder and President of startup iKinetiq Innovation Solutions which helps procurement functions design the right strategy to optimize processes, gain deeper insights, and enable data-driven risk management with a focus on using AI technologies responsibly.

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Digital Transformation in Procurement: Leveraging Technology for Efficiency

Empowering CPO

It is responsible for managing the entire process of acquiring goods and services, from identifying suppliers to ensuring timely deliveries. In essence, procurement serves as the backbone of an organization’s supply chain, contributing to cost savings, risk management, and supplier relationship management.

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Predictive Procurement: Overcoming Challenges in Health and Pharma

Arkestro

Supply Chain Visibility. Supply chain visibility is another critical issue. Visibility provides regulatory and consumer assurance in the face of issues like counterfeiting. To combat these issues, health and pharma need supply chain visibility—all the way down the supply chain. Managing Supplier Relationships.