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For procurement professionals, AWS Marketplace might not be the first thing that comes to mind when thinking about Amazon. Many are more familiar with Amazon Business, a platform for sourcing indirect physical goods. For further analysis of procurement vendors visit Spend Matters Insider.
Redwood City, CA January 18, 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions , and Optis Consulting , a trusted implementation partner, today announced that Parkland Corporation has deployed Ivalua’s Source-to-Pay suite. We are excited to celebrate our deployment of another leading brand in Canada.
The platform provides end-users with a unified interface for catalog management, requisitioning, ordering and receiving while supporting diverse organizational requirements through configurable workflows and sourcing capabilities. This content is for members only. Visit the site and log in/register to read.
One policy shift and your sourcing strategy is upside down. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.
This Spend Matters Vendor Analysis provides an overview of CobbleStone Software and its sourcing, contract lifecycle management (CLM) and e-procurementsolution. CobbleStone is best known for its end-to-end CLM for legal, procurement, sales and risk teams. Its AI system, VIDSOM®, is present throughout its modules.
In this Spend Matters Vendor Analysis we provide an overview of VORTAL and its source-to-pay (S2P) solution. Procurement organizations increasingly demand efficient and streamlined processes. This content is for members only. Visit the site and log in/register to read.
Implementation of the project was led by Optis’ expert consulting team with support from Ivalua professional services, allowing TELUS to streamline their procurement processes through a simplified system that manages spend, ensures compliance, provides a rich catalog of products and services, and creates a full digital record of purchases. “An
In the same vein, the era of manual sourcing is eclipsing, while automated procurementsolutions are evolving as a result of digital transformation. With the help of strategic sourcingsolutions, businesses can maintain better relationships with strategic business partners, […].
Spend Matters honors a vast array of procurementsolution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. Driving year-over-year sustainable procurement cost savings is among the top targets for most manufacturing companies.
In no order of preference, other than by the date they arrived in our inbox, today let’s hear from Kim Cullen, Director of Advocacy at mdf commerce , a provider of e-procurement and sourcingsolutions. Effective contract administration is the last outcome of the S2C focus in public procurement.
GenAI lessons learned A recurring theme in our GenAI discussions with procurement leaders is the ‘war on clicks.’ In traditional sourcing or intake platforms, it seems the adoption and NPS significantly reduces the more clicks a business user needs to make. Having the business user interacting with LLMs is only the first step.
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/.
In no order of preference, other than by the date they arrived in our inbox, today let’s hear from Seth Catalli , Chief Revenue Officer at AI and autonomous sourcing leader Globality, Inc. AI enables autonomous sourcing by equipping employees with guardrails that allows them to run their own sourcing events.
Consus and Ivalua implemented and went live with the solution for Pacific Drilling in just two weeks. Pacific Drilling requires a fast, efficient and automated sourcing process to support the company’s Purchasing processes. Ivalua’s best-of-breed sourcingsolution will empower us with the technology to drive sourcing best practices.
Today, for procurement organizations too, applying an AI-first approach has become imperative, especially in the source-to-pay process. The era of intelligent procurement We expect 2024 to be the year of intelligent procurement, driven by AI, automation and data analytics.
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.
What does an E-Procurementsolution do? E-procurementsolutions use an electronic interface to automate, guide and approve the purchase and reception of products and services. from sourcing events), the ability to use external content as part of its catalogs (e.g.,
Zycus Overview: A pioneer in cognitive procurement with a GenAI-powered Source-to-Pay suite (Merlin AI), serving large enterprises. Limited in ESG or strategic sourcing but supports operational agility. Chevron Fit: Ideal for ESG compliance and supplier resilience, saving $1M-$5M by optimizing $1B-$3B in supplier spend.
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/.
With the pendulum swinging this direction, the shift toward consolidation not only paves the way for an influx of product suite providers but also renewed interest in foundational ‘back to basics’ practices such as e-sourcing. Industry stragglers will need to quickly adapt and start integrating these procurement tools into their tech stacks.
Innovating to Uncover New Sources of Revenue in the Public Sector. Step 1: Use eProcurement Systems as a Potential Source of Revenue. Thinking of procurement as a new source of revenue is certainly counterintuitive, but it fits the bill of thinking differently. Step 4: Discover the value of Procurementsolutions.
Redefining procurement in 2024: A quest from cost savings to strategic value creation Today, procurement leaders find themselves at a crossroads, torn between the age-old pursuit of cost savings and the imperative to infuse strategic value into their organizations.
Shaping the next generation of procurement professionals In 2024, as emerging technologies continue to redefine the workplace and professional landscape, and industries embrace AI, procurement departments will rethink their strategies to source top talent, retrain existing employees and attract the next generation of procurement professionals.
With the help of applied AI across heterogenous digital sources of insight will allow companies to better strategize in advance of these events, ultimately allowing them maximize ROI and maintain a robust line of production. For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider.
Rapid Optimization of Contract Management, Supplier Management and Direct Materials Sourcing. This deployment is another significant step forward in the digital transformation of their overall supply chain processes, a journey that started last year with the successful rollout of Ivalua Sourcingsolution for direct materials. .
In fact, I think procurement’s remit will continue to evolve to lead broader supply chain risk management, given the growing variety and number of risks faced such as geopolitical tensions, sustainability expectations, the need for more diverse sources of supply, and lingering labor availability concerns.
For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider. The post New Year Insights for the procurementsolutions and services marketplace 2024: Efficio appeared first on Spend Matters.
Project-based procurement is the norm in many industries, and sourcing activities require specific capabilities to collaborate internally and externally. This is why Requis focuses on capital project procurement digitization with many collaborative and crowdsourced features. Read more. ).
For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider. The post New Year Insights for the procurementsolutions and services marketplace 2024: Ivalua appeared first on Spend Matters.
Consus and Ivalua implemented and went live with the solution for Pacific Drilling in just two weeks. Pacific Drilling requires a fast, efficient and automated sourcing process to support the company’s Purchasing processes. Ivalua’s best-of-breed sourcingsolution will empower us with the technology to drive sourcing best practices.
Sustainable procurement While supply security and cost remain top priorities, ESG legislation is beginning to put pressure on businesses to move towards decarbonization and ethical sourcing practices. For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider.
In this article, our analyst Bertrand Maltaverne looks at Sourcing. What does a Sourcingsolution do? Sourcingsolutions offer supporting content and services for managing market approaches (including category strategy), execution (e.g., RFx management and e-auctions) and portfolio/performance management.
In this article, our analysts Xavier Olivera, Bertrand Maltaverne and Nikhil Gaur look at source-to-contract (S2C) solutions. What does a Source-to-Contract solution do? Top 4 Source-to-Contract tech modules What’s the state of different procurement technologies in the market today and do they meet user demands?
Interoperability: Supports multi-enterprise collaboration , ensuring different procurement platforms work together as one. Network Intelligence: Learns from market trends, supplier performance, and risk factors to optimize sourcing and supplier management. sourcing, supplier onboarding, contract approvals).
In this article, our analyst Bertrand Maltaverne looks at sourcing optimization. What does a Sourcing Optimization solution do? Why buy a Sourcing Optimization solution Intended to yield optimal sourcing decisions in large/complex sourcing events (i.e.,
For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider. The post New Year Insights for the procurementsolutions and services marketplace 2024: LevaData appeared first on Spend Matters.
Having been heavily involved with this cycles SolutionMap, Spend Matters Director of Strategic Projects & Research Analyst, Nikhil Gaur, noted that alongside the Spring 2025 update … We are thrilled to release our Intake & Orchestration SolutionMap rankings for the first time. Data is refreshed every 6 months.
In no order of preference, other than by the date they dropped into our digital letterbox, today let’s hear from Dylan Alperin, the Head of Professional Services at Keelvar, software for sourcing optimization and autonomous sourcing provider. Read more. ).
Spend Matters is featuring the top 5 digital capabilities of different procurement technologies and what functionality you can expect from average and top performing solutions, leveraging its SolutionMap dataset. In this article, our analyst Bertrand Maltaverne looks at Direct Materials Sourcingsolutions.
Optimization of the entire source-to-pay process for nearly all Körber locations worldwide. In order to establish a unified and consistent source-to-pay process throughout the entire Group, Körber was looking for a fully integrated e-procurementsolution.
This year, our analysts identified three solution providers that have proven their potential to be considered best-in-class, one of which is source-to-pay suite provider Onventis. During the decision-making process, our analysts concurred: “Onventis has been an actor of the digital transformation of procurement since the 2000s.
Access Spend Matters dedicated ‘Artificial Intelligence in Procurement’ page for more AI insights. AI IN PROCUREMENT As always, reach out to discover how Spend Matters can help with your new year commitments and wishes.
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