ivalua

MAY 30, 2025

AI is reshaping the way organizations source, manage suppliers, and drive value today. In procurement, AI agents can be in conjunction with complex sourcing, purchasing, and AI-driven supplier management processes to streamline operations. You may also have heard of Agentic AI. And they don’t require constant human intervention.

Procurement

ivalua

MAY 30, 2025

AI is reshaping the way organizations source, manage suppliers, and drive value today. In procurement, AI agents can be in conjunction with complex sourcing, purchasing, and AI-driven supplier management processes to streamline operations. You may also have heard of Agentic AI. And they don’t require constant human intervention.

Procurement

TYA Suite

MAY 3, 2025

Ever confused purchase orders with sales orders? In any business, whether you're buying goods or selling them, it's essential to understand how purchase orders (POs) and sales orders (SOs) work. PO) is a formal document created by a buyer to request goods or services from a supplier.

Purchase orders

SCMDOJO

JANUARY 9, 2025

Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. It involves a methodical approach aimed at developing long-term supplier relationships, mitigating risks, and improving overall cost efficiency. Done well, it can become a key driver of competitive advantage.

Strategic sourcing

Spend Matters

MAY 1, 2025

It is now a strategic enabler of operational efficiency, cost savings and supplier innovation. To ensure automation delivers maximum value, procurement teams must first streamline their processes, enforce governance and standardize purchasing behaviors. Procurement has moved beyond a transactional function.

Real-time Visibility

ivalua

JULY 3, 2025

Direct procurement focuses on production-critical materials and suppliers, directly impacting margin and operational resilience. Creating Value: Sourcing and procurement use relevant sourcing processes and tools to engage and select the best-fit supplier. It continues through production and the product’s end-of-life phase.

supply chain budgeting

ivalua

JULY 21, 2025

By embracing these technological solutions, businesses can optimize their resource allocation, enhance supplier relationship management,gain AI-driven procurement insights through comprehensive analysis and control of spend, and ultimately deliver a framework of continuous procurement process improvement.

Real-time Visibility

TYA Suite

MAY 3, 2025

Back then, businesses relied on paper purchase ordersphysical forms filled out by hand, signed, mailed, or faxed to suppliers. This process was slow, subject to human error, and made tracking orders a logistical nightmare. What is a digital purchase order? How does a digital purchase order work?

Purchase orders

ivalua

JUNE 9, 2025

Inefficiencies are baked into the procurement process, wasting time and budget while leaving the door open to errors such as missed deadlines or incorrect orders. Supplier risk adds even more complexity. That means better supplier choices and fewer surprises down the line. This is where AI can make a huge difference.

Sourcing

TYA Suite

APRIL 13, 2025

It helps prevent errors and overpayments by comparing two important documents: Purchase Order (PO) A document that shows what was ordered and the agreed price. Invoice A bill from the supplier requesting payment When Should Businesses Use 2-Way Matching? Invoice A bill from the supplier requesting payment.

Purchase orders

Procurement Software

MARCH 16, 2025

This makes it easier to track spending patterns, supplier performance, ESG data, and contract compliance. Clean data also reduces disputes with suppliers and internal stakeholders, as everyone works from the same reliable information. Fewer Emails Procurement teams typically manage more suppliers than Sales teams do customers.

Procurement

Finale Inventory

JULY 18, 2025

Navigate Supply Chain Challenges with Supplier Management Software In today's volatile marketplace, fragile supply chains pose significant risks for growing ecommerce brands. For retailers, effective supplier management creates competitive advantage through better pricing, faster fulfillment, and higher quality products.

supply chain software solutions

ivalua

MAY 10, 2025

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. It should also strengthen supply chain collaboration across global supply chains, multi-tier supplier networks, and high-value contracts.

Supply Chain Efficiency

Spend Matters

JULY 1, 2025

With AI-driven automation, procurement teams can speed up purchase order processing, simplify invoice approvals and reduce errors in contract compliance checks. AI can even manage supplier onboarding, document organization and data entry to smooth workflows and reduce bottlenecks.

Procurement

Spend Matters

JUNE 17, 2025

It lives in mental models, negotiation patterns, supplier relationships and lessons learned from failure. From governed catalogs and guided intake to compliant purchase orders and structured supplier collaboration, the piece outlines nine essential capabilities that define functional maturity.

Procurement

Spend Matters

JUNE 24, 2025

Behind every chatbot interface or AI-guided shopping experience, procurement still must: Enable compliant purchasing. Govern supplier selection. Generate accurate purchase orders (POs). Flag supplier risk and route long-tail or off-contract requests to sourcing or additional validation. same supplier, project).

Procurement

ivalua

MAY 16, 2025

Implementing procurement software best practices begins with understanding the full scope of the Source-to-Pay (S2P) process – the end-to-end workflow that includes supplier management, sourcing, contract lifecycle management (CLM), purchasing, invoicing, payments and spend analytics. Find Out More What Is Procurement Software?

Real-time Visibility

ivalua

JULY 7, 2025

This requires high-level of supplier self-service, together with Contract and/or Goods/Service Receipt matching. Learn how Ivalua’s Invoice Software enables you to pay suppliers at the right time, every time, and give all stakeholders visibility into your spend cycle. Find Out More.

Real-time Visibility

Supply Chain Game Changer

FEBRUARY 21, 2025

Differentiate With Supplier Relationship Management (SRM)! Efficient supplier onboarding is a critical aspect of successful procurement and sourcing operations. Fortunately, with the advent of contract redlining software , organizations can revolutionize their supplier onboarding workflows and streamline the entire process.

supply chain software solutions

ivalua

MAY 2, 2025

Here are a few ways such agents can fail: Data Fragmentation: If each AI agent is pulling data from a different source—some might rely on an old ERP system, others on a financial tool, and still others on supplier emails—there’s no guarantee the information is consistent or up-to-date. Because the platform enforces data standards (e.g.,

Procurement

TYA Suite

OCTOBER 27, 2024

This software helps organizations manage supplier interactions, streamline procurement workflows, and ensure compliance with company policies and regulations. A well-integrated procurement management system facilitates the seamless execution of procurement activities, from requisition and purchase order creation to and payment.

supply chain software solutions

HICX

JUNE 9, 2025

What Is AI in Supplier Management? AI in supplier management is the use of artificial intelligence (AI) technologies to streamline and enhance various supplier-related processes. AI helps optimize supply chain management by offering predictive supplier analytics , real-time tracking, and automation.

Suppliers

SCMDOJO

DECEMBER 29, 2024

However, it covers key differences between purchasing and procurement, explores common contract types, and emphasizes the importance of strategic sourcing, supplier relationships, and risk management.

Supply Chain Efficiency

Spend Matters

OCTOBER 29, 2024

BlueBean is an innovative request-to-pay platform that streamlines procurement and expense management processes without the need for traditional portals, purchase orders, invoices or expense claims. is an all-in-one supplier management platform designed for start-ups. S2P Zapro.ai

Procurement

Procurement Express

DECEMBER 24, 2024

Purchasing is about getting the right stuff at the right time from the right suppliers for a fair price without blowing up your budget or your supplier relationships. Throw in approvals, payment terms, shipping costs, sustainability concerns, and maybe a dash of I know a guy supplier loyalty, and suddenly its chaos.

Purchasing

ivalua

JULY 8, 2025

Improved supplier relationships and collaboration: With a shared platform for onboarding, performance tracking, and communication, suppliers are more engaged and aligned, leading to better service and stronger supplier partnerships. Supplier Management An effective Source-to-Pay process begins and ends with suppliers.

Sourcing

Procurement Insights

JULY 9, 2025

These savings stem from reduced manual errors, improved spend analysis, better supplier negotiations, and streamlined workflows. Cycle times for purchase orders, invoice approvals, and supplier onboarding are significantly shortened, improving agility and responsiveness.

Agile and Lean Supply Chain

Skill Dynamics

DECEMBER 18, 2024

Collusion involves suppliers and employees conspiring and coordinating to manipulate procurement outcomes. Inconsistencies between purchase orders and invoices are another thing to watch for. This can dramatically drain an organization’s resources and create budgetary discrepancies.

Risk

Spend Matters

JANUARY 14, 2025

In addition, our customers track the percentage of purchase orders backed by approved spend. First, hard dollar savings that directly impact the P&L, such as negotiated supplier discounts and reduced maverick spend.

Real-time Visibility

Jaggaer

MAY 8, 2025

The worst-case scenario is product engineering developing a new product, selecting a supplier and then telling procurement to get on with negotiation. How well you integrate the suppliers in your processes of course depends on how well you perform as a trading partner you are. Do you give suppliers accurate forecasts?

Supply Chain Optimization

Jaggaer

FEBRUARY 20, 2025

The term refers to the entire journeyfrom finding suppliers and negotiating contracts to finalizing agreements and making the final payment for goods. The aim is to set out priorities for engaging new and more efficient suppliers in alignment with the organizations wider goals. Yet in the case of source to pay, it is wholly justified.

Sourcing

Procurement Express

MARCH 9, 2025

If you’re managing inventory for your own business or juggling multiple ecommerce accounts, keeping track of purchase orders and stock levels shouldnt feel like a full-time job. ’ Select the ‘Expenses’ tab and click the edit icon in the ‘Purchase Orders’ section. .’ Lets dive in.

Purchasing

ivalua

JUNE 24, 2025

Disconnected supplier records, inconsistent processes, and limited visibility can impair efficiency and open the door to shadow spend. You’ll learn how Ivalua’s unified platform integrates seamlessly with multiple ERPs to centralize supplier data, streamline workflows, and drive measurable business results.

Procurement

TYA Suite

JUNE 2, 2025

In many organizations, especially those with complex operations or large supplier networks, the is not handled casually. Whether it's a small company buying in bulk or a large enterprise managing hundreds of suppliers, an efficient purchase process can directly impact cash flow, compliance, and profitability.

Purchasing

Jaggaer

DECEMBER 5, 2024

The Visibility Challenge: Why Seeing Clearly Matters A major insight from the report is the visibility gap, particularly with tier 2 and tier 3 suppliers. While companies have robust visibility over their inventory and warehousing (99%), this drops to a stark 20% when it comes to their deeper supplier networks.

Supply Chain Efficiency

Procurement Express

MARCH 14, 2025

But keeping track of purchase orders, invoices, and spending can quickly become a headache, especially as your business grows. From creating purchase orders to processing invoices and tracking expenses, these solutions give you better control over your budget and ultimately, boost your bottom line. But heres the catch.

Real-time Visibility

Arkestro

DECEMBER 5, 2024

Automating routine repetitive tasks like data entry, invoice processing, and supplier onboarding and management, significantly boosts efficiency and productivity, reduces errors, and leads to greater operational efficiency and faster processing times. As a result, teams can work more efficiently and achieve better results in less time.

Procurement