Spend Matters

MAY 27, 2025

Using technology to bridge the Finance-Procurement gap Once a well-defined technology adoption strategy is established in the collaboration phase, organizations can move to the next step: leveraging technology to bridge the finance-procurement gap. To resolve this, companies need to do the following: 1.

Real-time Visibility 81

Real-time Visibility Procurement supply chain budgeting Supply Chain Optimization 81

TYA Suite

OCTOBER 27, 2024

Using a procurement management system is one practical strategy to strengthen these connections. This comprehensive guide explores what procurement management software is, its key features, its role in vendor relations, its integration with business processes, and the benefits it offers.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

TYA Suite

MAY 23, 2025

72% of procurement leaders say vendor data is scattered across tools, emails, and spreadsheets. This statistic shows a real and common problem in many companies today. This makes it hard for procurement teams to find what they need quickly, and even harder to manage vendors in a smooth, professional way.

supply chain software solutions 40

supply chain software solutions Management Vendor relationships Real-time Visibility 40

Procurement Express

DECEMBER 31, 2024

Procurement software tends to fall into one of three categories. There are enterprise resource planning (ERP) systems, which are complex systems designed to help companies manage all ends of the supply chain. And finally, there’s purchase order-specific software. What is Procurement Software?

supply chain software solutions 40

supply chain software solutions Purchase orders Procurement Real-time Visibility 40

Procurement Tactics

JULY 20, 2023

However, with the advancement of technology, businesses now have access to software that simplifies and automate the entire order management process. In this article, we will explore what supplier order management software is, its benefits, and some of the best software options available in the market.

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supply chain software solutions Suppliers Management Purchase orders 134

Spend Matters

APRIL 16, 2025

The guide is an invaluable tool for anyone thinking about starting or actively undergoing a digitally-enabled procurement transformation. All of the phases are peppered with real-world case studies from the people who have been in your shoes; so you dont have to step into the same holes theyve already avoided!

Procurement 101

Procurement Real-time Visibility supply chain software solutions Supply Chain Efficiency 101

Planergy

MAY 8, 2025

Modern Spend Management and Accounts Payable software. How to gain visibility and control of your indirect spend. 4][5] Supplier Portals Enhance Collaboration: Digital supplier portals are now in use across 35% of procurement platforms. What's PLANERGY? How to report and analyze indirect spend to identify savings opportunities.

Strategy 52

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

ivalua

MAY 6, 2021

The past few years have been a boon for procurement, which has become increasingly strategic and critical to business. The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line.

supply chain software solutions 130

supply chain software solutions Procurement Agile and Lean Supply Chain Supply Chain Efficiency 130

Procurement Insights

JUNE 3, 2025

Poll Time The following is a poll that was posted in the Global & Purchasing Supply Chain Professionals LinkedIn Group, which has over 164,000 members. Blame Game: The team complains the platform is too complex or not intuitive enough. Blame Game: Project sponsors blame the softwares rigid architecture.

Real-time Visibility 69

Real-time Visibility supply chain budgeting supply chain software solutions Supply Chain Optimization 69

TYA Suite

MAY 3, 2025

Another feature to prioritize is real-time data analytics and reporting. This level of analysis helps organizations make informed decisions quickly, cutting down on time-consuming vendor meetings and negotiations. When choosing procurement software, the first thing I always recommend is to look for automation.

supply chain software solutions 40

supply chain software solutions Real-time Visibility Procurement Supply Chain Efficiency 40

Procurement Software

MARCH 16, 2025

Digital procurement tools offer both immediate benefits and long-term returns. While full-scale digital transformation certainly takes time, organisations can see rapid improvements in efficiency, collaboration, and data accuracy right from the outset. As a result of better data, procurement teams gain a whole range of benefits.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency Purchase orders 52

Jaggaer

OCTOBER 24, 2024

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Planergy

MARCH 18, 2025

Modern Spend Management and Accounts Payable software. Tools like PLANERGY enhance supply chain resilience by providing real-time tracking, data-driven insights, and streamlined communication with suppliers. Efficient supply chains play a major role in keeping schools running smoothly.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 52

Jaggaer

FEBRUARY 5, 2025

Secondly come eProcurement, Supply Chain Collaboration, Invoicing, and Payments. These four steps constitute the downstream procure-to-pay part of the process. Optimizing source-to-paythrough digital transformation streamlines every stage of your procurement strategy, improving visibility, efficiency, and collaboration.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Spend Matters

FEBRUARY 22, 2024

With the advent of AI, and especially generative AI within that broader term, and the continued globalization of supply chains, the pace of change has sped up, forcing businesses and workers to adjust quickly. That added benefit helps procurement meet its tactical metrics and stay aligned with overarching strategic goals.

Supply Chain Efficiency 112

Supply Chain Efficiency Real-time Visibility Management supply chain software solutions 112

Procurement Insights

MARCH 6, 2025

carbon management software like Provider Xs space), their relative strengths, and market trends. Its a time-saver for procurement teams or C-level execs needing a starting point. Why Its Good: Combines hard data with real-world feedback, offering a balanced view. Con: If excluded due to size or funding (e.g.,

Sourcing 52

Sourcing supply chain software solutions Supply Chain Efficiency Real-time Visibility 52

TYA Suite

MAY 13, 2025

While it may not seem as strategic or high-profile as long-term sourcing deals, operational procurement is essential. It ensures that every team has the right resources at the right time, without delays or extra costs. What is the goal of operational procurement? is made after the necessity has been determined.

Procurement 40

Procurement supply chain budgeting Supply Chain Efficiency Raw materials 40

ivalua

MARCH 9, 2023

By gaining visibility into spending patterns, demand, supplier performance, and supply markets–opportunities will be uncovered. Spend under management: S2P software can help procurement teams better manage the percentage of company spend that is under contract and under management.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Procurement Insights

MARCH 25, 2025

blog (Web ID: 18) implies low response rates are a common challenge, with procurement teams often struggling to get adequate replies, suggesting a baseline below 50%. government contracts), may see slightly higher response rates (30-50%) due to legal requirements and broader visibility, per TechTarget (Web ID: 6).

Real-time Visibility 52

Real-time Visibility Supplier capacity Bidding Suppliers 52

Procurement Insights

JANUARY 3, 2025

Minimal Strategic Involvement : Procurement was often siloed, with limited involvement in broader corporate strategies. Technology Adoption in Early Stages : Adoption of procurement software was growing but not yet widespread, with many organizations relying on manual or semi-automated processes.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Procurement 52

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.

Real-time Visibility 40

Real-time Visibility Procurement Supply Chain Efficiency e2e 40

Procurement Insights

MAY 21, 2025

Hansens agent-based Metaprise Model directly addresses the core concerns of Chief Procurement Officers (CPOs) by combining human-AI collaboration, real-time adaptability, and ecosystem-wide integration. Example: A pharmaceutical firm scaled cold-chain logistics to 50+ countries using agents to automate regulatory compliance.

supply chain budgeting 52

supply chain budgeting Real-time Visibility Stakeholder engagement Agile and Lean Supply Chain 52

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. Inflation occurs when there is an imbalance between the supply and demand of money and goods. What is inflation?

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Jaggaer

FEBRUARY 5, 2025

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Implementation of new supply structure Track results and restart assessment This model has essentially stood the test of time.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Procurement Software

MARCH 11, 2022

Why is spend analytics software so important? Anyhow, in this article, we’re going to take a look at: How to get a reliable spend analysis without the help of specialised spend analytics software. Some of the advantages that procurement analytics software can provide. Who will be the main users of the software?

supply chain software solutions 52

supply chain software solutions Real-time Visibility Category management Data 52

Procurement Software

MARCH 11, 2022

Why is spend analytics software so important? Anyhow, in this article, we’re going to take a look at: How to get a reliable spend analysis without the help of specialised spend analytics software. Some of the advantages that procurement analytics software can provide. Who will be the main users of the software?

supply chain software solutions 52

supply chain software solutions Real-time Visibility Category management Data 52

World of Procurement blog

MAY 10, 2024

The Promise of AI for Procurement Teams Artificial intelligence (AI) has the potential to transform and revolutionize procurement processes. By leveraging large datasets and algorithms, AI solutions can automate the categorization of spend with much greater speed and accuracy than manual approaches.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Procurement Software

APRIL 23, 2024

Spend analytics software would be the first tech investment I’d make in a greenfield Head of Procurement role. You have to know what you’re spending your money on before you can start to transform your procurement operations. To do this quickly and efficiently, spend analytics software is your best friend.

supply chain software solutions 52

supply chain software solutions Real-time Visibility Supply Chain Efficiency supply chain budgeting 52

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 98

Spend Matters

JUNE 20, 2023

This content does not express the views or opinions of Spend Matters In our previous installment on Spend Matters, we discussed the rapid evolution of Supply Chain Risk Management happening within procurement organizations. And so it should.

Risk 98

Risk supply chain software solutions Risk management Real-time Visibility 98

IBM Supply Chain Blog

FEBRUARY 13, 2024

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.

Strategic sourcing 78

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

TYA Suite

JUNE 2, 2025

From raw materials for manufacturing to office supplies or software subscriptions, these purchases keep the business moving. But purchasing is more than just placing orders, it's a structured process that ensures the right items are bought, from the right sources, at the right price, and at the right time.

Purchasing 40

Purchasing supply chain budgeting Purchase orders Quantity 40

Procurement Software

MARCH 11, 2022

Let’s face it, not many businesses of this size have a mature, strategic procurement function. There’s usually a small procurement team, consisting of a Head of Procurement who probably has some experience of working in a large enterprise. Yet hardly any TRULY have a real grip on what they BUY.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 52

Procurement Software

MARCH 11, 2022

Let’s face it, not many businesses of this size have a mature, strategic procurement function. There’s usually a small procurement team, consisting of a Head of Procurement who probably has some experience of working in a large enterprise. Yet hardly any TRULY have a real grip on what they BUY.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 52

TYA Suite

NOVEMBER 15, 2024

In 2024, blockchain technology is expected to transform various industries, and procurement is no exception. This insightful guide explores how blockchain is impacting , contributing to transparency, security, and efficiency across supply chains. This level of visibility is invaluable for several reasons.

Supply Chain Efficiency 40

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 40

Planergy

FEBRUARY 24, 2025

Modern Spend Management and Accounts Payable software. The Four Types of Procurement in Education Direct Procurement Direct procurement involves acquiring goods and services directly related to an institution’s core educational mission. What's PLANERGY?

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

Una

AUGUST 2, 2022

You may have had a hint of its size from the dozens of ads that pop up as you browse the internet, or the number of technology vendors clamoring for your attention at procurement conferences. According to Verified Market Research , the global procurement software market will grow from $5.5 billion (2020) to a projected $9.5

Procurement 98

Procurement Supply Chain Efficiency Real-time Visibility supply chain budgeting 98