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

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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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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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Procurement Technology: Enterprise Solutions Driving Efficiency and ROI

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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than ever—juggling cost control, compliance, supplier risk, and internal complexity, all while trying to modernize outdated systems.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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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? What is Procurement?

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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. Payback in under 6 months.

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Part 3: Making the Case for Agentic AI in Procurement

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In our previous posts ( part 1 , part 2 ), we explored the potential of AI agents in procurement, how they can drive efficiency, and the organizational changes required to adopt them effectively. A unified procurement platform ensures that agents function as part of an integrated system.