Procurement Software

FEBRUARY 14, 2023

I wanted to bring you the key criteria that you should consider when sourcing or considering a digital procurement solution. If you’re more of an audio person, we also ran a recent episode of the podcast covering some of these, which you can access here: What are the top 10 criteria to consider when buying procurement software?

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Procurement Tactics

JUNE 28, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. What is Procurement Tracking? Procurement Tracking is the process of monitoring and managing procurement activities.

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Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Spend Matters

OCTOBER 24, 2023

Spend Matters is once again delighted to release the ‘ 50 Procurement Providers to Know ’ and ‘ 50 Procurement Providers to Watch ’ lists, announced at the SIG Global Executive Summit on October 17. Here’s how Onventis describes itself: “We are pioneers in cloud-based solutions, transforming purchasing and finance processes since 2000.

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Procurement solutions Supply Chain Efficiency Procurement supply chain software solutions 88

ivalua

JULY 12, 2021

Templegate Technologies, Recognized as one of the most promising procurement solution providers in India. Templegate Technologies , is a alliance partner for award winning Cloud Software Solution in Procurement Automation & Spend Management. The post templegate appeared first on Ivalua.

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World of Procurement blog

APRIL 23, 2024

In today's fast-paced business environment, procurement plays a crucial role in determining a company's efficiency, cost-effectiveness, and competitive edge. A significant driver of this evolution has been the integration of advanced technologies into procurement processes. Types of Technology Transforming Procurement 1.

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World of Procurement blog

APRIL 23, 2024

In today's fast-paced business environment, procurement plays a crucial role in determining a company's efficiency, cost-effectiveness, and competitive edge. A significant driver of this evolution has been the integration of advanced technologies into procurement processes. Types of Technology Transforming Procurement 1.

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

Spend Matters

FEBRUARY 13, 2024

Neither oral nor text-based conversational AI (also known as conversational user experience [CUX] and conversational interfaces [CUI] the latter of which include chatbots) is by no means new, despite the relatively recent prolific uptake by procurement solution vendors.

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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.

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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 2, 2024

We’d all like the latest digital procurement tools. But often, those who aren’t familiar with the procurement software market mistakenly overestimate the cost. The reality is that procurement tech doesn’t have to be expensive. You don’t need a 6-figure software budget or a large sum to hire consultants for implementation.

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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?

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

Spend Matters

APRIL 4, 2024

Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. Artificial intelligence in procurement During the first quarter of 2024, the Spend Matters team followed the theme of ‘ Artificial Intelligence in Procurement.

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Jaggaer

DECEMBER 4, 2018

Why You Should Consider Freight Procurement Sourcing Solution. Procuring raw materials or finished goods is one thing, but the processing of moving those goods from one place to another brings its own set of challenges. Industry experts call out advanced sourcing solutions as being extremely important to freight procurement.

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Let's Talk Supply Chain

JUNE 5, 2023

Today I’m joined by Logward , an exciting tech brand with a vision of a future where supply chain departments lead the transformation of their industries, instead of simply transporting it. 22.23] A closer look at Logward’s Sourcing Solutions – what they do, the key features and benefits.

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supply chain budgeting supply chain software solutions e2e Supply Chain Optimization 59

Spend Matters

AUGUST 29, 2023

Continuing our series of analyst observations on procurement tech market movements, this week we are considering the development of dark web monitoring as a tool in cyber supply chain risk management. The breach extended far beyond just SolarWinds, however, as the hacking strategy was a supply chain attack.

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supply chain software solutions Risk management Risk Supply chain 92

Spend Matters

MARCH 11, 2024

At Spend Matters, it’s as important for us to get to know the requirements and opinions of the procurement community of practitioners as it is for us to understand the world of tech solutions and their providers. So it was good to see a nice mix of both presenting at Procurement Strategies and Innovation (PSI) last week.

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SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making.

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Procurement Heads

MAY 16, 2023

How did you get into procurement? At university, I followed a few classes on procurement and supply chain, loved it and decided that was the career path I wanted to take. These two different sides of your brain that need to work to be good at procurement are what I really enjoy. Where do I start?

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Procurement Heads

MAY 16, 2023

How did you get into procurement? At university, I followed a few classes on procurement and supply chain, loved it and decided that was the career path I wanted to take. These two different sides of your brain that need to work to be good at procurement are what I really enjoy. Where do I start?

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Ethics Sustainability supply chain software solutions Procurement 130

Pipefy

DECEMBER 20, 2023

Strategic procurement, or procurement strategic planning, is a data-driven process that helps businesses align procurement and business goals. The result is greater supply chain predictability, more accurate decision-making, and better business agility. What is strategic procurement?

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Spend Matters

DECEMBER 19, 2023

With another busy year of procurement and supply chain events tidily packed away behind us, Spend Matters is pleased to provide a round-up of the main events we attended in 2023, with a short recap of each and key takeaways. Read his recommendations in eWorld: first dispatch. million unique suppliers.

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Procurement Supply Agile and Lean Supply Chain Supply Chain Optimization 79

ivalua

JULY 21, 2020

The Hackett Group report recommendations on IT & Procurement collaboration and how it can benefit your organization in the time of Covid-19 and beyond. This study includes input from a range of industries via interviews conducted with pairs of IT and Procurement leaders.

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Procurement Software

MAY 9, 2023

There are so many procurement podcasts out there. The amount of procurement related content has mushroomed since the pandemic, and the flourishing podcast scene is a great example of this. In the end, we picked out our top 37 procurement podcasts. It’s hosted by Art of Procurement team members.

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Arkestro

OCTOBER 16, 2022

Arkestro, the leading predictive procurement orchestration platform, has caught the eye of the Spend Matters analyst team as an up-and-coming player they think their practitioner readers and members should get to know. . Arkestro was also chosen in Spend Matters’ 50 Procurement Providers to Watch for 2021. .

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Spend Matters

OCTOBER 3, 2023

We recently spoke with procurement solution providers to discover what their customers are asking of them. In a new series of investigations Spend Matters is speaking with representatives from the world of procurement tech practitioners and consultants to discover the word on the street about the challenges of ‘turning digital.’

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Procurement Insights

DECEMBER 8, 2023

EDITOR’S NOTE: Not long after forming in 2006, Coupa’s founders, Dave Stephens and Noah Eisner, were some of the first sponsors of the Procurement Insights blog. But rather than focusing on new and emerging technologies, today’s procurement professionals seek insights into the actual processes that drive their enterprises.

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supply chain software solutions Supply Chain Efficiency Collaboration Supply chain 68

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.

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Planergy

JANUARY 26, 2023

Here we’ll discuss various potential supply chain disruptions and what you can do to mitigate the risks to keep your business up and running throughout whatever circumstances are thrown your way. The procurement team must always evaluate environmental risks created by contractors and suppliers.

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

Empowering CPO

JULY 17, 2023

Introduction Brief Explanation of the Role of Procurement in Businesses Procurement is the lifeblood of any business, large or small. From securing raw materials to procuring top-tier services, these purchases directly impact a company’s efficiency, productivity, and bottom line.

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Zycus Cognitive Procurement

JANUARY 24, 2023

So, the question remains: What are the key challenges and agenda items for procurement leaders in 2023, and how will they adapt to these challenges? Key thought leaders included Jacob Gorm Larsen , Ex-Director of Digital Procurement, Maersk Group; Prof. Now, more than ever before is the time for enterprises to invest in technology.

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Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

HICX

JUNE 24, 2022

As digital transformation accelerates, Costas Xyloyiannis, CEO of HICX, shares five factors for supply chain and procurement professionals to consider when adding new best-of-breed solutions. Now the focus is on how digital procurement solutions can be used to boost agility.

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Supply Chain Game Changer

NOVEMBER 15, 2018

Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Recently I had the pleasure of attending EBG Network’s 8th Annual Source to Pay Summit, which gathered some of the Nordic’s largest organizations and procurement profiles. around the globe?

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Procurement Software

MARCH 11, 2022

Procurement organisations are still primarily measured on cost savings. For anyone working in indirect procurement, this is especially frustrating. Acknowledging cost avoidance: Why measuring procurement performance on hard savings alone is futile. Like it or not, cost avoidance is a hard sell to most CFOs.

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Procurement Software

MARCH 11, 2022

Procurement organisations are still primarily measured on cost savings. For anyone working in indirect procurement, this is especially frustrating. Acknowledging cost avoidance: Why measuring procurement performance on hard savings alone is futile. Like it or not, cost avoidance is a hard sell to most CFOs.

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Procurement Insights

DECEMBER 12, 2022

(Editor’s Note: This post is a follow-up to the breaking headline “COUPA SOFTWARE ENTERS INTO DEFINITIVE AGREEMENT TO BE ACQUIRED BY THOMA BRAVO FOR $8 BILLION.” The impetus behind this change is the result of the fallout from the consistently high level of e-procurement initiative failures. coupa #zycus).

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The Procuretech Podcast

NOVEMBER 2, 2021

At the end of the day, I'm just one person who has a keen interest in digital procurement technology. I'm not an academic or a researcher, but I do take a passionate interest in what is out there and I have some strong views on what I feel should be the priorities when it comes to digital procurement transformations. Spend Matters.

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supply chain software solutions Supply Chain Efficiency Procurement solutions Procurement 40

Arkestro

JUNE 6, 2022

In June 2022, Spend Matters released the Spring SolutionMap procurement technology benchmarking rankings. Spend Matters’ analysts ranked Arkestro’s Predictive Procurement Orchestration platform as SolutionMap’s Value Leader in Sourcing for small, medium, and large enterprises. Today, we are the leading predictive procurement platform.

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