Spend Matters

APRIL 29, 2025

The series follows the methodology described in our Aligning Finance and Procurement in-depth guide , which offers a practical, structured approach to enhancing cash flow visibility, optimizing payment timing, reducing working capital risk and improving liquidity outcomes through closer collaboration between finance and procurement.

Real-time Visibility 95

Real-time Visibility e2e Procurement Management 95

Spend Matters

MAY 6, 2025

Reducing the total cost of procurement through supplier negotiations and sourcing strategies. Streamlining purchasing processes to enhance efficiency and reduce administrative delays. Reduce payment processing delays through automated procure-to-pay (P2P) workflows.

Supply Chain Optimization 82

Supply Chain Optimization Real-time Visibility Supply Chain Efficiency Procurement 82

Spend Matters

MARCH 24, 2025

Procurement organizations often encounter challenges such as limited user adoption, increased workload for purchasing teams, fragmented procurement processes and the complexity of integrating multiple ERP systems. These obstacles can lead to inefficiencies, lack of visibility and misaligned procurement strategies.

Procurement solutions 68

Procurement solutions Real-time Visibility Procurement Market analysis 68

Spend Matters

MAY 19, 2025

Each function’s objectives often overlap, particularly in areas such as financial reporting, cost management, budgeting and data-driven decision making, so when procurement strategies align with finance-led initiatives, organizations gain greater financial visibility, improved efficiency and stronger risk control.

Collaboration 89

Collaboration Procurement Real-time Visibility Budget 89

Procurement Tactics

MAY 22, 2023

The goal of integrated logistics is to optimize the entire supply chain by minimizing costs, improving efficiency, and ensuring timely delivery of products to customers. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. CERTIFICATE COURSES Related courses about this subject 1.

Logistics 207

Logistics supply chain software solutions supply chain budgeting Supply Chain Optimization 207

TYA Suite

APRIL 13, 2025

When your business is small, using spreadsheets or sticky notes to track purchases might seem easy. These issues can waste time, increase expenses, and cause frustration for your team. Over time, these small problems add up, making it difficult to grow smoothly. What is the main purpose of the purchasing system?

Purchasing 40

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

Spend Matters

JUNE 2, 2025

Tracking performance over time is key to measuring the business value the collaboration is delivers. However, procurement plays a critical role in reflecting cost-saving initiatives, supplier contracts and spend management efforts in financial statements and budget planning.

Sustainability 68

Sustainability supply chain budgeting Supply Chain Efficiency Real-time Visibility 68

Procurement Tactics

JUNE 8, 2023

Rather than updating the general ledger account inventory when goods are purchased for resale, accountants record the transaction by debiting a temporary account for purchases. Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. Disadvantages of Periodic Inventory System 1.

Inventory 192

Inventory supply chain software solutions Real-time Visibility Quantity 192

Procurement Tactics

JULY 20, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. ChatGPT & AI Use ChatGPT to automate procurement processes 5. Establishing this system may require your time and effort.

supply chain software solutions 134

supply chain software solutions Suppliers Management Purchase orders 134

Planergy

MAY 8, 2025

Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. What's PLANERGY?

Strategy 52

Strategy Real-time Visibility Procurement Agile and Lean Supply Chain 52

Jaggaer

MARCH 24, 2025

These procurement technologies empower teams to move beyond traditional methods, using data-driven insights for smarter sourcing, demand forecasting, and risk management. As organizations continue to invest in these tools, their potential to reshape procurement strategies is immense, giving early adopters a serious competitive advantage.

Procurement 52

Procurement Supply Chain Optimization Real-time Visibility supply chain budgeting 52

Procurement Tactics

JUNE 8, 2023

Businesses use various methods of inventory management, each with its own advantages and disadvantages, depending on what they require. Inventory management is a way for companies to figure out what and how much they should order, and when to do it. Preventing stock-outs is another crucial aspect of inventory management.

Inventory 187

Inventory Management Real-time Visibility Inventory control 187

Una

OCTOBER 17, 2023

EPISODE 137 Using Visibility to Combat Supply Chain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.

supply chain budgeting 81

supply chain budgeting Real-time Visibility Supply Chain Efficiency Supply chain 81

TYA Suite

MAY 23, 2025

The answer often lies in disconnected systems, manual workflows, and a lack of visibility between procurement and finance teams. Procure to pay automation addresses these issues by digitizing and streamlining the entire cycle, from to invoice payment. Once a purchase request is submitted, it enters an automated approval process.

Real-time Visibility 40

Real-time Visibility Procurement Supply Chain Efficiency e2e 40

Procurement Tactics

DECEMBER 6, 2022

However, these manual processes are ineffective and cost a lot of effort, time, and money. It is a set of practices that ensures smart procurement decisions and efficient purchasing. Unclear purchasing policies. Visibility of expense data. Thus, businesses switched to automation to solve their cash flow problems.

Spend management 172

Spend management Management Real-time Visibility Budget 172

TYA Suite

OCTOBER 27, 2024

A well-integrated procurement management system facilitates the seamless execution of procurement activities, from requisition and purchase order creation to and payment. By leveraging procurement management tools, businesses can enhance their and foster better relationships with vendors.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

Procurement Tactics

JUNE 6, 2023

The Importance of Forecasting Your Inventory Imagine you are the owner of a bustling retail store, offering a wide range of products that customers love. Your goal is to keep your shelves stocked with the right amount of inventory at all times. Trend Forecasting Trends represent changes in product demand over time.

Inventory 170

Inventory Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 170

TYA Suite

MAY 23, 2025

Managing a successful supply chain requires more than just ensuring products are delivered on time its about building strong, effective partnerships with your suppliers. Improved efficiency and cost reduction A company's operations, efficiency, and lead times can be greatly improved via strong cooperation with its suppliers.

supply chain software solutions 40

supply chain software solutions Collaboration Supply Chain Efficiency Suppliers 40

Una

OCTOBER 25, 2022

How to Improve Procurement Efficiency. Procurement was once known for imposing clunky purchasing processes. Procurement professionals are now celebrated for their innovation, creativity, agility, and cost-saving initiatives. Instead, they’ll be able to spend more time nurturing the relationships that really matter.

Supply Chain Efficiency 105

Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

Planergy

FEBRUARY 24, 2025

Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. The Four Types of Procurement in Education Key Steps in the Education Procurement Process Who Benefits from Efficient Procurement? What is Procurement in Education? What's PLANERGY?

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

ivalua

MARCH 9, 2023

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ Upstream covers all the strategic procurement activities such as spend analysis, sourcing, contract management and supplier management (which includes supplier information, risk and performance management).

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Procurement Insights

APRIL 18, 2025

Based on the input from the 1998 Agent-based RAM platform, which featured self-learning algorithms within a nascent AI framework, confirmed prior research indicated that Indirect Material MRO products were prone to much greater volatility over time than Direct Materials.

Price 75

Price Demand Supply chain Real-time Visibility 75

Procurement Tactics

OCTOBER 16, 2022

The system gives the user accuracy, visibility, and control over whether the project can be profitable or not. Visibility of the workflow. Before the creation of ERP systems, the coordination of the involved parties in the project is time-consuming and takes a lot of effort. . CAD interface. Work cycle process. Scheduling.

Real-time Visibility 130

Real-time Visibility Budget Inventory control Data 130

TYA Suite

MAY 13, 2025

Simple changes like consolidating suppliers, negotiating better contracts, and improving order planning can lead to real savings over time. If your current process feels reactive, disconnected, or overly manual, it might be time to rethink your approach. Procurement often makes up a large part of business expenses.

Strategy 40

Strategy Import Procurement Raw materials 40

IBM Supply Chain Blog

FEBRUARY 28, 2024

They consider factors—like supplier performance or sustainability —that support long-term partnerships, advance business needs and increase purchasing power. This helps reduce errors to improve data quality and response times to questions, which improves customer and supplier satisfaction.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

Una

MAY 11, 2023

Building a Procurement Function From Scratch With the right approach, building a procurement function from scratch can create streamlined and efficient processes that deliver real value to your organization. Build a team Once you’ve identified your goals and stakeholders, it’s time to start building your team.

Procurement 98

Procurement Real-time Visibility e2e Purchasing 98

Skill Dynamics

APRIL 24, 2025

When you look behind the scenes of a global business operation, procurement strategy and supply chain management are usually top priorities, though theyre not always working in sync. It includes procurement but also spans logistics, production, inventory management, and distribution.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

Procurement Tactics

DECEMBER 21, 2022

After taking the time to read this article, you will have a deeper understanding of what supply chain collaboration is all about. Thus, allowing you to know if your decision is right when the time comes you are going to collaborate in the supply chain. . Defining Supply Chain Collaboration. However, this idea turns out to be untrue.

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

Procurement Tactics

JUNE 26, 2023

Social Media Trends Instagram, TikTok, Facebook, and Pinterest are the best channels that offer real-time trending products to sell. These tips will likely change over time so constant research and informed decisions will play a big part. Top 10 US Dropshipping Suppliers Study Procurement Study Negotiations 1.

Price 195

Price Suppliers Negotiation Real-time Visibility 195

Arkestro

FEBRUARY 15, 2023

Automotive purchasing has been a hot topic in recent years. With the pandemic, global economy, and inflation shaking up the industry, reliable suppliers have become a major issue for companies involved in heavy industry procurement. The software then ingests the data so that it can determine routine purchases. How Predictable!

Purchasing 52

Purchasing Purchase orders supply chain software solutions supply chain budgeting 52

Una

APRIL 27, 2023

Pain Points in Procurement Series The Consequences of Getting Procurement Involved Too Late Avoid getting procurement involved too late in the purchasing process. Learn how to engage stakeholders early to amplify the value procurement brings to the table. Why do stakeholders delay getting procurement involved?

Procurement 98

Procurement Real-time Visibility Purchasing Risk 98

Jaggaer

MAY 14, 2019

Source-to-Pay software or, simply put, S2P is an integrated suite of applications developed to take care of and manage each and every process within the procurement function. I mplementing a S2P solution is a major change for any organisation and it should never be “an impulse purchase”. The procurement strategy .

Real-time Visibility 81

Real-time Visibility Buying process Procurement strategies Purchasing 81

Procurement Templates

JUNE 18, 2023

ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. These indices track the average price changes of a basket of goods and services over time. What is inflation?

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

TYA Suite

JANUARY 27, 2025

In the dynamic landscape of procurement, efficiency, transparency, and collaboration are paramount. Traditional are evolving with the adoption of , which offers a host of benefits to organizations aiming to streamline purchasing activities and enhance decision-making capabilities.

Procurement 40

Procurement Real-time Visibility Collaboration Procurement solutions 40

Jaggaer

MARCH 6, 2025

Modern procurement technology will enable public sector entities to secure maximum benefits by simplifying compliance and freeing procurement professionals to focus on strategic initiatives. Spend Analysis: Offering detailed visibility into spending patterns, enabling cost optimization.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement supply chain budgeting Sustainability 52

Una

APRIL 9, 2024

How to (Actually) Transform Your Business with Group Purchasing Learn how to transform your business with group purchasing and add an average of 18-22% savings per category to your bottom line. It might not seem like much but at the time, that meant more wiggle room in our household budget as a young family.

Purchasing 52

Purchasing supply chain budgeting Real-time Visibility Supply Chain Optimization 52

Spend Matters

MARCH 26, 2024

Employees may find themselves spending valuable time trying to decipher how to complete tasks within the system, detracting from their core responsibilities. By centralizing spend data and synchronizing information across platforms, businesses gain real-time visibility into their financial landscape, enabling informed decision-making.

Spend management 115

Spend management Management Real-time Visibility Innovation 115