Zycus Cognitive Procurement

OCTOBER 20, 2022

Cognitive procurement is a hot topic in the business world today. In simple words, cognitive procurement is the process of using disruptive technologies such as artificial intelligence (AI) to assist with procurement. But why is cognitive procurement becoming so popular, and what impact does it create on businesses?

Real-time Visibility 59

Real-time Visibility Procurement Procurement team Risk 59

Empowering CPO

MAY 5, 2023

Procurement’s Role in Driving Business Success Procurement, often viewed as a behind-the-scenes function, plays a critical role in a company’s success. It is responsible for managing the entire process of acquiring goods and services, from identifying suppliers to ensuring timely deliveries.

Supply Chain Efficiency 52

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

ivalua

NOVEMBER 10, 2020

Step 1: Use e Procurement 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. However, a smaller subset of these states have looked at e Procurement as a potential source of revenue.

Procurement 130

Procurement Real-time Visibility Contract Sourcing 130

Empowering CPO

JULY 5, 2023

Introduction Welcome to our exploration of a fascinating convergence shaping the future of business operations: the intersection of technology and managed procurement services. Before we dive in, let’s first set the stage by discussing EmpoweringCPO, a leader in the field of managed procurement services.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Real-time Visibility 52

Spend Matters

JUNE 19, 2023

This Spend Matters series takes a look at the state of procurement technologies in the market today and whether they meet user demands. In this article, our analyst Xavier Olivera looks at Procure-to-Pay solutions. In this article, our analyst Xavier Olivera looks at Procure-to-Pay solutions.

Procurement 79

Procurement Real-time Visibility Purchasing Inventory 79

Empowering CPO

JULY 3, 2023

Introduction In the complex and fast-paced business world of today, Managed Procurement Services (MPS) have emerged as a key solution for enterprises seeking to streamline their operations, improve efficiencies, and achieve cost savings. Procurement is no longer just about purchasing goods and services at the lowest cost.

Innovation 52

Innovation Strategy Procurement Management 52

Arkestro

DECEMBER 12, 2022

Procurement professionals of all types face a challenging and dynamic work environment. What Are the Biggest Procurement Challenges in Health and Pharma? Beyond procurement teams working within the constraints of profit and cost savings, lives are at stake. Supply Chain Visibility. Limited Supplier Network. Managing risk.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

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. It is usually time consuming, require multiple approvals and follow ups. Lack of pricing compliance .

Sourcing 52

Sourcing Real-time Visibility Procurement Buyers 52

ivalua

JUNE 29, 2022

While making these changes is now imperative for helping prevent climate change, it can be difficult to know where to start when it comes to sustainable procurement. In fact, most organisations report emissions from their supply chain are several times greater than from their direct emissions. Measure suppliers on carbon emissions.

Strategy 130

Strategy Supply Chain Efficiency Sustainability Real-time Visibility 130

ivalua

JANUARY 13, 2021

Difference Between Procure to Pay and eProcurement. Procure-to-Pay is the sequential process we described earlier. Eprocurement or e-procurement comes from electronic procurement. Cloud-based Procure to Pay platforms are a must-have for any company that wants to become best-class in P2P.

Eprocurement 235

Eprocurement Real-time Visibility Purchase orders Budget 235

Empowering CPO

JULY 16, 2023

Introduction Brief Explanation of Managed Procurement Services In today’s interconnected business world, the seamless acquisition of goods and services is paramount to the smooth operation of any organization. This is where managed procurement services come into the picture.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

ivalua

DECEMBER 3, 2021

While making these changes is now imperative for helping prevent climate change, it can be difficult to know where to start when it comes to sustainable procurement. In fact, most organisations report emissions from their supply chain are several times greater than from their direct emissions. Measure suppliers on carbon emissions.

Supply Chain Efficiency 130

Supply Chain Efficiency Sustainability Supply chain Real-time Visibility 130

Procurement Software

MARCH 11, 2022

Not many people outside of our profession understand what is Procurement and what we do. Thus, it’s not surprising that investment into digital procurement tools has been behind tech investments into other departments over the past 20 years. Procurement tools will plug those leaky holes in your spend with external suppliers.

supply chain software solutions 52

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

Procurement Software

MARCH 11, 2022

Not many people outside of our profession understand what is Procurement and what we do. Thus, it’s not surprising that investment into digital procurement tools has been behind tech investments into other departments over the past 20 years. Procurement tools will plug those leaky holes in your spend with external suppliers.

supply chain software solutions 52

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

Procurement Software

APRIL 25, 2023

This blog post is based on a video interview I gave about digital procurement back in January in Dubai with Dr. Muddassir Ahmed of SCMDOJO. Why procurement technology’s growth is not with enterprise suites Procurement technology is no longer the sole preserve of large enterprises. So what went wrong?

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility supply chain budgeting 52

Empowering CPO

JULY 16, 2023

Introduction Brief Explanation of Managed Procurement Services In today’s interconnected business world, the seamless acquisition of goods and services is paramount to the smooth operation of any organization. This is where managed procurement services come into the picture.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

ivalua

NOVEMBER 10, 2020

Thinking of procurement as a new source of revenue is certainly counterintuitive, but it fits the bill of thinking differently. eProcurement has been part of the technology footprint in many states for decades, to reduce cycle times, streamline processes, and collaborate with suppliers. .

Sourcing 130

Sourcing Eprocurement Real-time Visibility Contract 130

Empowering CPO

JULY 5, 2023

Introduction In the globalized and rapidly evolving business landscape of the 21st century, the strategic importance of procurement cannot be overstated. However, procurement can also be complex, time-consuming, and fraught with challenges. However, procurement can also be complex, time-consuming, and fraught with challenges.

Management 52

Management Procurement Real-time Visibility Ethics 52

Empowering CPO

JULY 2, 2023

Introduction Welcome to our latest discussion on a crucial facet of business operations: Managed Procurement Services. If you’re new to the term, Managed Procurement Services refers to the outsourcing of a company’s procurement functions to a specialized firm.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

Zycus Cognitive Procurement

JULY 27, 2021

Procure to pay automation has come a long way in the world of procurement. Although, this “a-ha” moment makes for great viewing, but we know that crimes are solved based on hard facts in real life. Although, this “a-ha” moment makes for great viewing, but we know that crimes are solved based on hard facts in real life.

Procurement 40

Procurement Real-time Visibility Chief Procurement Officer e2e 40

Spend Matters

JUNE 19, 2023

This Spend Matters series takes a look at the state of procurement technologies in the market today and whether they meet user demands. Top 5 Contract Lifecycle Management tech capabilities What’s the state of different procurement technologies in the market today and do they meet user demands?

Contract 89

Contract Management Negotiation Real-time Visibility 89

Procurement Heads

JULY 27, 2022

How did you get into procurement? I have spent 23 long years in procurement. I graduated back in 1999, joined the Peugeot graduate scheme in Coventry and spent the first few months in the procurement space. How do you think procurement must react to what is going on in the world at the moment?

Buyers 130

Buyers Sustainability Procurement Real-time Visibility 130

Bonfire

APRIL 3, 2023

Enterprise Resource Planning (ERP) systems have become an essential tool for complex organizations, but when it comes to procurement in the public sector, they aren’t enough. For many of them, their organizations have invested a lot of time and money in ERP systems that do many things well and are there to stay.

Eprocurement 52

Eprocurement Bidding Strategic sourcing Strategic sourcing 52

Planergy

JANUARY 19, 2023

How to gain visibility and control of your indirect spend. Practical Applications of Pareto Analysis Tips for Conducting a Successful Analysis How Pareto Analysis Helps Your Procurement Strategy? Procurement professionals can use pareto analysis to examine various aspects of business and adjust strategy. What is Pareto Analysis?

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

Claritum

OCTOBER 3, 2017

Claritum Article - Procurement Blog. As featured in the ‘ The 10 Most Innovative Procurement Solution Providers ’ article published in the September 2017 Insights Success Magazine , Claritum discuss the drive for a New Wave of Easy-to-use Procurement Products…. This was the catalyst for starting Claritum.

Real-time Visibility 32

Real-time Visibility Procurement Supply Chain Efficiency Supply Chain Optimization 32

Spend Matters

JUNE 19, 2023

This Spend Matters series takes a look at the state of procurement technologies in the market today and whether they meet user demands. AP/I2P automation also enables connection to other solutions, which adds value to the process, for example, ensuring that invoices are valid and in compliance with regulations.

Buyers 69

Buyers Collaboration Suppliers Agile and Lean Supply Chain 69

Procurement Software

MAY 16, 2023

Buying Procure-to-Pay software (P2P) can bring huge benefits to your business. Having a single platform for the entire procurement process is not only a simple and efficient way to work. It can liberate procurement professionals by automating much of the drudgery zone of administrative and operational procurement.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

Planergy

JANUARY 26, 2023

How to gain visibility and control of your indirect spend. The procurement team must always evaluate environmental risks created by contractors and suppliers. Project Organization Risk Also considered a planning risk, this occurs because you don’t have the right staff or tools in the right place at the correct time.

Risk 52

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

Pipefy

JUNE 15, 2023

As businesses complete their digital transformation and move away from complex (and often manual) legacy systems, modern procurement solutions are rapidly replacing traditional methods. Build a more efficient procurement with the Definitive Guide to P2P Optimization Download free guide What is cloud procurement?

Procurement 52

Procurement supply chain software solutions Purchase orders Procurement solutions 52

Procurement Software

MARCH 5, 2024

US procurement startups are killing it. It’s no surprise that in the home of big tech, Silicon Valley and seemingly endless VC investors, there’s a thriving and diverse procurement tech ecosystem. Let’s have a look at the who’s who in the American procurement startup space. Hot diggity dawg!

Real-time Visibility 52

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

Procurement Software

JANUARY 9, 2024

British procurement startups are also well-represented within this startup ecosystem. The 10 Hottest UK-based Procurement Tech Startups Before we give you the list, we should briefly touch on what we’ve defined as a “Startup” Less than 50 employees, according to data on LinkedIn.

supply chain software solutions 52

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

Pipefy

NOVEMBER 24, 2023

Many organizations have implemented software automation tools that allow them to get more done at a lower cost, but procurement is one area that has lagged behind in this trend. According to Amazon’s 2024 State of Procurement report, 95% of decision makers believe that procurement has room for optimization.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Una

AUGUST 30, 2022

The Disruptive Power of Digital Procurement. For old-school procurement professionals , going digital may simply mean moving away from paper-based processes. Digital procurement game-changers. Procurement Automation: 5 Tasks You Should be Automating. Digital enablement in procurement starts with data.

Procurement 98

Procurement e2e Supplier relationship management Real-time Visibility 98

Procurement Insights

OCTOBER 20, 2023

At the time, it was as much whimsy as it was reasonable contemplation. I say reasonable because that was the time when many people started asking the question, “Why can’t buying at work be as easy as it is at home on Amazon? .” ” Comparison Results: Amazon AWS is the clear winner in this comparison. .

Real-time Visibility 66

Real-time Visibility Buyers Eprocurement Procurement 66

Spend Matters

JUNE 19, 2023

This Spend Matters series takes a look at the state of procurement technologies in the market today and whether they meet user demands. Top 5 Spend Analytics tech capabilities What’s the state of the procurement technologies in the market today and do they meet user demands?

Real-time Visibility 79

Real-time Visibility Data e2e Quality 79

Pipefy

JUNE 14, 2023

Spend analysis in procurement provides teams with actionable insights and improvements to optimize existing procurement processes, reduce costs, increase efficiency, generate bottom-line business value, and grow competitive advantages. Spend analytics creates the visibility procurement teams need to complete a spend analysis.

Real-time Visibility 52

Real-time Visibility e2e Procurement team Contract 52

Arkestro

MARCH 28, 2023

Resources / Blog / The Potential of Predictive Procurement Orchestration The Potential of Predictive Procurement Orchestration Welcome to the 2020’s, the same decade that George Jetson from the cartoon “The Jetsons” was born. The procurement industry is no exception. Has procurement really been digitally transformed?

Procurement 52

Procurement Real-time Visibility Procurement team Purchasing 52