Remove Procurement team Remove Purchasing Remove Real-time Visibility
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Procurement vs Purchasing: Key Differences, Workflows, and Enterprise Risks

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Procurement and purchasing are often used interchangeably, but they serve distinct roles within any successful organization.While both involve acquiring goods and services, their workflows, objectives, and impact on enterprise risk management differ significantly. Procurement vs. Purchasing: What’s the Difference?

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Digital Procurement for Enterprises: Key Challenges and Critical Capabilities

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Enterprise procurement teams face growing pressure to deliver strategic value – managing supplier risk, ensuring compliance, and supporting sustainability – all without sacrificing speed or control. This blog explores the most common challenges in digital procurement and the capabilities that matter most.

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8 Procurement Software Best Practices For 2025

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At Ivalua, we’ve helped some of the world’s most complex organizations transform their procurement operations, giving us deep expertise in what works – and what doesn’t. In this post, we’ll break down proven strategies to help you streamline processes, improve visibility, and take back control of your procurement stack.

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Procurement Technology: Enterprise Solutions Driving Efficiency and ROI

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Key Takeaways Procurement technology is evolving from basic digitization to a strategic enabler, helping enterprises automate processes, reduce risk, and improve supplier collaboration. AI, automation, and generative tools are redefining efficiency, allowing procurement teams to move from reactive to proactive decision-making.

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Procurement vs. Supply Chain Management: Differences, Challenges & Solutions

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Procurement and supply chain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.

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Understanding the Total Economic Impact™ (TEI) of Ivalua

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As Procurement teams are tasked to do more with less in an increasingly complex and uncertain market, digitization has become a must. Procurement leaders have increasingly turned to Spend and Supplier Management platforms to improve decision-making, efficiency and collaboration. What is Total Economic Impact?

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Procurement transformation 2025: Why invest in procuretech and how to make the case – Tipalti

Spend Matters

In addition, our customers track the percentage of purchase orders backed by approved spend. Approval lead time is another important metric. How customers justify procuretech investment to stakeholders Our customers typically justify procurement technology investment through three areas that resonate with stakeholders.