ivalua

APRIL 20, 2023

Ivalua, a global leader in spend management , and its partner Axys Consultants today announced that Hutchinson has selected Ivalua’s eProcurement software to expand the scope of its currently implemented solution and meet its evolving procurement requirements. About Ivalua Ivalua is a leading provider of cloud-based Spend Management software.

Eprocurement 130

Eprocurement Procurement Supplier relationship management Spend management 130

Procurement Tactics

SEPTEMBER 8, 2022

Some referred to it as MRO purchasing which pertains to maintenance, repair, and operations due to its significance to keep the business running. . You may think that this is the same as tactical purchasing. However, it is not true due to the fact that tactical purchasing is focused on short-term transactional activity.

Procurement 226

Procurement Purchase orders Purchasing Strategic sourcing 226

World of Procurement blog

APRIL 23, 2024

The procurement to pay (P2P) process, also known as purchase to pay, is an essential component of an organization's financial and operational efficiency. This could be anything from office supplies to new software or professional services. A purchase order (PO) is then issued to the selected vendor, formalizing the agreement.

Procurement 52

Procurement Purchase orders Needs identification Purchasing 52

World of Procurement blog

APRIL 23, 2024

The procurement to pay (P2P) process, also known as purchase to pay, is an essential component of an organization's financial and operational efficiency. This could be anything from office supplies to new software or professional services. A purchase order (PO) is then issued to the selected vendor, formalizing the agreement.

Procurement 52

Procurement Purchase orders Needs identification Purchasing 52

Procurement Tactics

MAY 18, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Invoice Approvals — The Ultimate Guide Invoice approvals allow you to only pay for what you purchased, which helps you to avoid overpayment. Invoices without an associated request or purchase order.

Purchase orders 172

Purchase orders Purchasing Negotiation Procurement strategies 172

Procurement Software

MAY 16, 2023

Buying Procure-to-Pay software (P2P) can bring huge benefits to your business. What factors determine good procurement software for the mid-market? SMEs are unlikely to see an ROI on procurement software unless it’s a lower-priced software with relatively basic functionality. What is considered a mid-market business?

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

Fraxion

OCTOBER 3, 2023

What is eProcurement software and what impact can it have on your business processes? eProcurement, or electronic procurement represents a shift in how businesses requisition and purchase goods and services.

Eprocurement 52

Eprocurement Purchasing Procurement 52

Procurement Tactics

NOVEMBER 29, 2022

We will tell you about MRO purchasing and MRO inventory management. As such, it can become a risky purchase as operations personnel may spend more than what the company needs to operate. . What is MRO Purchasing. MRO purchasing is an indirect spend of businesses that relates to maintenance, repair, and operations.

Procurement 168

Procurement Inventory Purchasing Procurement strategies 168

ivalua

SEPTEMBER 7, 2022

The global industrial minerals group will deploy Ivalua’s Spend Management platform across five continents to digitize the Source-to-Requisition (S2R) process. Working with Ivalua, the company’s objective is to go toward a unified, global purchasing solution. Ivalua is a leading provider of cloud-based Spend Management software.

Purchasing 130

Purchasing Suppliers Raw materials Spend management 130

Procurement Tactics

JUNE 28, 2023

By the end of this article, you will have an idea of the importance of procurement tracking in your business and which procurement tracking software you would want to utilize. Purchase Orders Purchase orders are where the monitoring of the creation and approval of purchase orders comes in. What is Procurement Tracking?

Supply Chain Efficiency 178

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

TYA Suite

DECEMBER 16, 2022

Purchase requisition and purchase order are simply interdepartmental forms which serve the purpose of handling the accounting and finances better. involves purchase requisition and purchase order. involves purchase requisition and purchase order. What is a purchase requisition?

Purchase orders 52

Purchase orders Purchasing Budget Price 52

Pipefy

JANUARY 31, 2023

Why purchase request approval is important The purchase requisition approval process is the final layer of review that’s required for all purchase requests. Once purchase requisitions are processed and approved, a purchase order is generated and submitted to the vendor or supplier for fulfillment.

Purchasing 52

Purchasing Purchase orders Real-time Visibility e2e 52

World of Procurement blog

APRIL 23, 2024

Procurement analytics is the process of collecting, processing, and analyzing data related to an organization's purchasing activities to improve efficiency, reduce costs, and provide valuable insights into supply chain operations. Procurement analytics is revolutionizing how organizations approach purchasing and supply chain management.

Procurement 52

Procurement Supply Chain Optimization supply chain budgeting supply chain software solutions 52

World of Procurement blog

APRIL 23, 2024

Procurement analytics is the process of collecting, processing, and analyzing data related to an organization's purchasing activities to improve efficiency, reduce costs, and provide valuable insights into supply chain operations. Procurement analytics is revolutionizing how organizations approach purchasing and supply chain management.

Procurement 52

Procurement Supply Chain Optimization supply chain budgeting supply chain software solutions 52

Zycus Cognitive Procurement

JANUARY 16, 2023

They receive a very large volumes of non catalogue requisitions​ . They have to match the Purchase Requisition with the underlying contracts and quotations . Increased efforts and cycle time to validate and fix requisition issues, and . procurement management software offer businesses solutions to these problems.

Sourcing 52

Sourcing Real-time Visibility Procurement Buyers 52

Procurify

JULY 18, 2022

Simply put, it is the use of software to manage as much of the procure-to-pay cycle as possible. Purchasing automation aims to reduce the time it takes to get from requisition to supplier payment. Creating purchase requests (or purchase “requisitions”). Creating purchase orders.

Procurement 52

Procurement Purchase orders supply chain software solutions Purchasing 52

ivalua

MARCH 9, 2023

Downstream activities include e-procurement , purchase orders, invoice automation and accounts payable and payment processes. Purchasing is also where value is captured (i.e., Purchasing is also where value is captured (i.e.,

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Pipefy

MAY 23, 2023

In its long history , procurement has evolved from self-contained purchasing entities to an essential business partner handling processes involving several departments and many subprocesses. Purchase approvals The process of approving purchases and moving them to the stage of fulfillment presents similar issues to those of requisitions.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Procurement Tactics

AUGUST 30, 2022

Electronic procurement or e-procurement is the process of acquiring, ordering, and purchasing goods and services online. . When electronic procurement is implemented properly, it opens the lines of communication between the organization and the supplier by creating a link and facilitating interactions like bids, emails, and purchase orders.

Procurement 130

Procurement Supply Chain Efficiency Purchasing Suppliers 130

Fraxion

JANUARY 26, 2023

Does your current procurement process consist of files of paper-based purchase requests or numerous email threads requesting approvals, often delayed by managers who are out-of-office or non-responsive? Is overspending and unauthorized purchasing occurring in your organization? It could be time to consider eProcurement software.

Eprocurement 40

Eprocurement Budget Spend management Purchasing 40

Procurement Software

MARCH 7, 2023

Key advantages of using Procure-to-Pay and Source-to-Pay technology Hard Cost Savings Value Drivers Possible Disadvantages of using P2P and S2P software Can you combine P2P and S2P in procurement software? What’s the best S2P or P2P software for mid-market and SMEs? What is P2P in procurement?

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

Spend Matters

DECEMBER 13, 2023

Along with generative AI, the intake management market has been this year’s primary discussion among procurement practitioners and software providers. Moreover, intake from these vendors tends to skew toward purchase requisitions and procure-to-pay rather than more holistic intake management.

Management 80

Management Stakeholder engagement Purchasing Procurement 80

Pipefy

JANUARY 4, 2023

That includes everything from sourcing and vendor management to requisitions and payments. Here are some of the workflows that teams can automate to achieve total procurement automation: Purchase requisitions. Purchase orders. Purchase requisitions. Procurement teams handle a lot of purchase requests.

Procurement 52

Procurement Procurement team Purchase orders e2e 52

Pipefy

JUNE 15, 2023

This guide shows how businesses can benefit from cloud-based procurement software and what strategies they should use to create a more reliable and connected procure-to-pay cycle. Procurement organizations are primarily measured by cost savings, making it imperative for them to reduce purchase prices as much as possible.

Procurement 52

Procurement supply chain software solutions Purchase orders Procurement solutions 52

Procurement Software

MARCH 5, 2024

If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Their software aims to replace outdated Excel or PowerPoint processes through having one central place to automate processes, monitor and track all procurement-related activities.

Real-time Visibility 52

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

Procurement Tactics

JULY 2, 2023

A formal contract document that contains the detailed requirement for purchasing and obtaining goods and services, a job order is utilized with a view to ensuring that the desired goods or services are acquired in an orderly and efficient way. There are various tools and software that provide a template to create a job order document.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Pipefy

JANUARY 5, 2023

Digital procurement means letting go of manual data entry, paperwork, and complex request management and instead opting to use software that streamlines procurement through integration and automation. For example: the ERP system, SAP, Netsuite, and other finance software. Benefits of digital procurement.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

Pipefy

JANUARY 31, 2023

A Administrator A business professional who oversees the ongoing management of the purchase order (PO) or contract, confirming that both the organization and suppliers adhere to the contract’s terms and conditions. Change order An official source document making an alteration to a previously signed purchase order or contract for work.

Procurement 52

Procurement Bidding Supply Chain Efficiency supply chain software solutions 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. In fact, 98% have plans for investments or upgrades in analytics and insights tools, automation, and AI-driven optimization of purchasing decisions.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Procurement Software

MARCH 11, 2022

Every business will have irregular spend, usually in the form of one-time, non-repeatable purchases. Reduce costs and risk: Tackling free text purchase orders or after-the-fact POs. Before we tackle what these are and why they’re bad, let’s quickly look at the 3 main types of purchase order your organisation typically has.

Risk 52

Risk Purchase orders Spend management Purchasing 52

Procurement Software

MARCH 11, 2022

Every business will have irregular spend, usually in the form of one-time, non-repeatable purchases. Reduce costs and risk: Tackling free text purchase orders or after-the-fact POs. Before we tackle what these are and why they’re bad, let’s quickly look at the 3 main types of purchase order your organisation typically has.

Risk 52

Risk Purchase orders Spend management Purchasing 52

Spend Matters

NOVEMBER 15, 2023

Keynote speakers, panels and more notes Throughout the conference, procurement and finance panelists and keynote speakers from various high-profile organizations spoke about Zip, intake management and their own procurement software journeys. This sentiment was echoed by several speakers throughout the day.

Sourcing 89

Sourcing Contract Inventory Procurement 89

Pipefy

MARCH 6, 2023

But procurement is also about vendor relationship management, preventing avoidable costs, and handling a high volume of incoming purchase requests. For most procurement teams, this phase begins when a purchase request is received. Learn more purchase requisitions. These requests are also known as purchase requisitions.

Procurement 59

Procurement Procurement team Purchase orders Vendor relationships 59

Procurement Software

DECEMBER 5, 2022

Possible Disadvantages of using P2P and S2P software. Can you combine P2P and S2P in procurement software? What’s the best S2P or P2P software for mid-market and SMEs? We’ll cover the plethora of software solutions available to handle the entire P2P process or its specific steps later. What is P2P in procurement?

Sourcing 52

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 52

Supply Chain Game Changer

SEPTEMBER 22, 2022

Making requisitions. Fortunately, there are plenty of software Solutions out there to help streamline things and make it easier across the board. In the interim, requisitions, purchase orders, accounting, and receiving all work together to handle the finer details of the process. Subscribe Here! Email Address.

supply chain budgeting 101

supply chain budgeting Real-time Visibility supply chain software solutions Procurement 101

Procurement Software

APRIL 11, 2023

This article summarises a recent discussion of a successful digital procurement implementation case study around the requisition to order process. Featuring Lhotse’s Co-Founder Henning Hatje and Senior Solutions Advisor Nicholas Martin , along with guest Gerald Seufert (Head of Payable Accounts and Requisitions at Fraport AG).

Collaboration 40

Collaboration Procurement solutions Purchasing Procurement 40

ivalua

JULY 11, 2022

Automated Bid & Buy: Empower users to conduct simple and automated spot bids from within a purchase requisition. Ivalua is a leading provider of cloud-based Spend Management software. Procure-to-Pay. About Ivalua.

Supply chain resilience 130

Supply chain resilience Collaboration Supply Chain Efficiency supply chain budgeting 130