Remove Procurement Remove Procurement strategies Remove Real-time Visibility
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8 Procurement Software Best Practices For 2025

ivalua

Rising software costs, lack of procurement oversight, compliance headaches, and clunky vendor management. Many organizations are discovering that without clear procurement software best practices, costs spiral, risks multiply, and efficiency stalls. Key Takeaways What is Procurement Software – and why is it important?

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

ivalua

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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Procurement Technology: Enterprise Solutions Driving Efficiency and ROI

ivalua

Enterprise procurement leaders are under more pressure than ever—juggling cost control, compliance, supplier risk, and internal complexity, all while trying to modernize outdated systems. AI, automation, and generative tools are redefining efficiency, allowing procurement teams to move from reactive to proactive decision-making.

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Digital Procurement for Enterprises: Key Challenges and Critical Capabilities

ivalua

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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Procurement vs Purchasing: Key Differences, Workflows, and Enterprise Risks

ivalua

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? What is Procurement?

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Aligning Finance and Procurement for cash flow optimization and liquidity —Phase 5: Sustaining alignment success with shared KPIs

Spend Matters

For our series on aligning finance and procurement for cash flow optimization and liquidity we have published an introduction to each of the phases that make up that alignment. ” The following section outlines essential KPIs and performance review mechanisms that drive accountability and enhance financial visibility.

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Aligning Finance and Procurement — Phase 3: A path to collaboration

Spend Matters

In our In-Depth Guide , we introduce our series which is based on the critical roles finance and procurement play in shaping an organizations financial health and operational efficiency. Without this, procurements financial impact may go unmeasured, while finance may lack visibility into supplier costs and risks.