Spend Matters

DECEMBER 21, 2023

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.

Procurement solutions 86

Procurement solutions Procurement e2e Real-time Visibility 86

Spend Matters

JUNE 19, 2023

What does an E-Procurement solution do? E-procurement solutions 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.,

Procurement solutions 89

Procurement solutions Procurement supply chain budgeting Real-time Visibility 89

Spend Matters

JANUARY 16, 2024

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.

Procurement solutions 84

Procurement solutions Procurement Spend management Supply Chain Optimization 84

Spend Matters

JANUARY 17, 2024

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.

Procurement solutions 80

Procurement solutions Agile and Lean Supply Chain Procurement Supply Chain Optimization 80

ProcurePort

JANUARY 29, 2020

In the same vein, the era of manual sourcing is eclipsing, while automated procurement solutions are evolving as a result of digital transformation. With the help of strategic sourcing solutions, businesses can maintain better relationships with strategic business partners, […].

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Procurement 130

Spend Matters

JANUARY 25, 2024

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.

Procurement solutions 74

Procurement solutions Procurement supply chain software solutions Supply Chain Efficiency 74

Spend Matters

DECEMBER 15, 2023

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.

Procurement solutions 91

Procurement solutions Procurement Agile and Lean Supply Chain Contract 91

Spend Matters

DECEMBER 20, 2023

For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider. The post New Year Insights for the procurement solutions and services marketplace 2024: Efficio appeared first on Spend Matters.

Procurement solutions 105

Procurement solutions Procurement Procurement team Data 105

Spend Matters

JANUARY 8, 2024

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.

Procurement solutions 74

Procurement solutions Supply Chain Optimization Procurement Supply Chain Efficiency 74

Spend Matters

JANUARY 4, 2024

For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider. The post New Year Insights for the procurement solutions and services marketplace 2024: Ivalua appeared first on Spend Matters.

Procurement solutions 97

Procurement solutions Procurement Agile and Lean Supply Chain Supplier relationship management 97

Spend Matters

JANUARY 2, 2024

For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider. The post New Year Insights for the procurement solutions and services marketplace 2024: LevaData appeared first on Spend Matters.

Procurement solutions 77

Procurement solutions Procurement Supply Chain Efficiency Procurement team 77

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.

Procurement strategies 88

Procurement strategies Purchasing Procurement solutions Buyers 88

Pipefy

MAY 23, 2023

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. The risks of errors and bottlenecks alone in manual work make procurement a superb place to begin a digital transformation.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Spend Matters

DECEMBER 11, 2023

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.

Procurement solutions 76

Procurement solutions Procurement supply chain budgeting Supply Chain Optimization 76

Spend Matters

JUNE 19, 2023

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.,

Sourcing 79

Sourcing Bidding Price Suppliers 79

Spend Matters

SEPTEMBER 7, 2022

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. ).

Sourcing 85

Sourcing Buyers Collaboration Procurement solutions 85

ivalua

SEPTEMBER 20, 2021

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 Sourcing solution for direct materials. .

Contract 130

Contract Collaboration Sourcing Contract management 130

Spend Matters

JANUARY 22, 2024

For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider. The post New Year Insights for the procurement solutions and services marketplace 2024: IntegrityNext appeared first on Spend Matters.

Procurement solutions 67

Procurement solutions Procurement Supply Chain Efficiency Sustainability 67

ivalua

NOVEMBER 10, 2020

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 Procurement solutions.

Sourcing 130

Sourcing Eprocurement Real-time Visibility Contract 130

Spend Matters

JUNE 19, 2023

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 Sourcing solutions.

Sourcing 77

Sourcing Bidding Price Suppliers 77

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

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 130

Contract Sourcing Supply Chain Efficiency Supply chain 130

Spend Matters

OCTOBER 24, 2023

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.

Procurement solutions 91

Procurement solutions Supply Chain Efficiency Procurement supply chain software solutions 91

Spend Matters

JULY 27, 2022

Categories: Sourcing , Supplier Information Management , supplier networks , Supplier Performance , Supplier Risk and Compliance Management , Suppliers Tags: PRO Direct materials management is a hot market for procurement solutions with few specialists on the market. It also benefits from strong customer satisfaction.

Market analysis 89

Market analysis Sourcing Supplier relationship management Material management 89

Una

JULY 13, 2023

The Definition of a Sourcing Hero Past guests from The Sourcing Hero podcast provide the definition of a sourcing hero and give examples of heroism in a business context. The definition of a sourcing hero At the close of every episode, it has become a tradition of sorts for Kelly to ask each guest a question.

Sourcing 52

Sourcing Agile and Lean Supply Chain Supply Chain Efficiency Procurement 52

Spend Matters

DECEMBER 30, 2022

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. ).

Procurement solutions 79

Procurement solutions Procurement Procurement strategies Sourcing 79

Spend Matters

APRIL 19, 2023

Categories: eProcurement / Procurement , Procurement Systems & Architecture , Sourcing Tags: PRO Public sector industries are certainly a different beast from their private sector cousins, and information technology is no exception. These can differ within the same country, let alone between countries!

Market analysis 66

Market analysis Sourcing Eprocurement Procurement 66

Spend Matters

JANUARY 6, 2023

In no order of preference, other than by the date they dropped into our digital letterbox, today let’s hear from Ron Giles, Strategic Sourcing Director at LevaData. This series will run from mid-December to mid-January, then our analyst Bertrand Maltaverne will wrap up with his own take on the key themes that emerge. Read more. ).

Procurement solutions 90

Procurement solutions Procurement Strategic sourcing Strategic sourcing 90

Zycus Cognitive Procurement

JANUARY 16, 2023

You must have found yourself struggling with limited visibility into preferred or contracted suppliers, contract utilization status, budgeting issues, and multiple requirements for sourcing low dollar items or services. Overcome the Challenges in Streamlining Procurement Process. Auto-addition of supplier .

Sourcing 52

Sourcing Real-time Visibility Procurement Buyers 52

ivalua

APRIL 2, 2019

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 sourcing solution will empower us with the technology to drive sourcing best practices.

Sourcing 100

Sourcing Supply Chain Efficiency Chief Procurement Officer Supply Chain Optimization 100

Spend Matters

OCTOBER 18, 2023

Having spent much of my time in the source-to-pay provider marketplace, I realize that tackling this in that space is just too big of an apple to bite, so I see a point solution having a much more rapid impact, with the ability to do a ‘quick in’ and ‘quick win.’ And they know it has to be fast and it has to be effective.

Procurement solutions 97

Procurement solutions Procurement Suppliers Management 97

Spend Matters

DECEMBER 21, 2022

In no order of preference, other than by the date they dropped into our digital letterbox, today let’s hear from Ali Cohen the Brand Manager at Archlet, a user-first sourcing software service. Read more. ).

Procurement solutions 80

Procurement solutions Procurement Procurement strategies Strategy 80

Spend Matters

JANUARY 16, 2023

Categories: Analytics , Contract Management , Procurement Systems & Architecture Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of the software as a service (SaaS) management solution provider Tropic and its SaaS sourcing and procurement platform.

Procurement solutions 73

Procurement solutions Contract management Procurement Market knowledge 73

Spend Matters

APRIL 26, 2023

Categories: eProcurement / Procurement , Procurement , Sourcing Tags: PRO This Vendor Analysis covers mdf's sourcing and e-procurement solutions (we hope to analyze its CLM solution and SIM capabilities at a later date). Part 2 looks at P2P product strengths and weaknesses and tech selection tips.

Eprocurement 93

Eprocurement Procurement solutions Sourcing Procurement 93

Zycus Cognitive Procurement

JANUARY 12, 2021

What is Source to contract? Source to contract (S2C) refers to the set of procurement processes that come into play while sourcing a product or service. How is Source to contract affected during a crisis? How is Source to contract affected during a crisis? 2] Collaborative Sourcing.

Contract 52

Contract Sourcing Chief Procurement Officer Contract management 52

Spend Matters

MARCH 5, 2024

Having been heavily involved with this cycle’s SolutionMap, the Spend Matters analyst team noted: “In parallel with the rapid rise in economic- and geopolitical-related risk in 2023, the procurement technology market has accelerated its pace of innovation to keep up with customers’ needs. .”

Procurement 111

Procurement Sourcing Risk management Ethics 111

Spend Matters

FEBRUARY 1, 2023

Categories: Commentary , Market Intelligence , Procurement Commentary , Procurement Strategy & Planning Tags: Insights Series Following what has now become a tradition, December and January saw us publishing a series of insights sourced from procurement-related tech and service providers.

Procurement solutions 78

Procurement solutions Procurement Procurement strategies Strategy 78