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Ivalua’s new Environmental Impact Center empowers Procurement and SupplyChain teams with reliable and actionable insight to reduce Scope 3 Greenhouse Gas (GHG) emissions. As products are purchased within an organization, category managers can precisely track the year-to-date carbon emission trajectory for their purchases.
Accelerated digital transformation of healthcare supplychains to lower the cost of care and improve patient outcomes now possible. Redwood City, CA June 16, 2020 – Ivalua, a leading provider of global SpendManagement Cloud solutions, today announced the availability of a pre-packaged suite of solutions for healthcare providers.
Categories: Conferences , SpendManagement Tags: PRO The question of how to manage direct materials can yield polarized answers and requires deeper evaluation than simply evaluating a few narrow use cases. The most significant enhancement is the new ‘Coupa supplychain collaboration’ solution.
Amplify Your Business SpendManagement Strategies with a GPO. If you’re new to the concept of group purchasing , you may be asking yourself where, exactly, the biggest savings can be found. The answer is no secret: the steepest discounts exist in the most popular categories with the biggest volumes of purchasing.
However, these strategies often only account for direct procurement or the purchases associated with the products a company sells. Indirect spending, or those purchases that fall into the everything else categoryfrom IT equipment and professional services to payrollaren’t always held to the same standard.
Ivalua platform selected to improve efficiency, transparency, and the employee purchasing experience. Ivalua is a leading provider of cloud-based SpendManagement software. Redwood City, CA, December 15, 2022. About Ivalua.
SpendManagement is a critical function within an organization, and it involves the strategic management of the company’s spending to reduce costs, improve efficiency, and enhance profitability. SpendManagement is a crucial element in ensuring that we achieve our financial goals.
Key Features of a Metaprise: Beyond a Single Company: Instead of just managing procurement within one company, a Metaprise integrates multiple businesses, suppliers, and partners into one unified system. Network Intelligence: Learns from market trends, supplier performance, and risk factors to optimize sourcing and supplier management.
Ivalua SpendManagement Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Procurement and supplychain teams will play a crucial role in making this vision a reality.
Purchase control is one of those things that feels small until its not. Its the foundation for managing company spend, keeping cash flow in check, and making sure your team doesnt spend three days tracking down a single lost receipt. How much time is your team wasting on the purchase order process?
Modern SpendManagement and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. How better management in AP can give you better flexibility for cash flow management. But what happens if those supplychains are disrupted?
In recent years, Körber’s global supplychainmanagement network has been intergrated increasingly into all relevant processes – from product development to requirements processing – due to its significant contribution to the company’s success.
Network Member Question Aside from the basics of spend analysis and eliminating redundancy, Im curious to hear of others experiences in dealing with merger/acquisitions and how the cultural elements were addressed in terms of promoting the use of preferred vendors and the adoption of expense management policy.
It can also help drive sustainability initiatives in your supplychain and procurement process. . The Closed Loop SpendManagement. You may ask yourself, why is closed loop spendmanagement being brought up? Thus, it relies on two outputs which are spending data and ESG impact factors. .
Group Purchasing and Indirect Spend: A Fairy-tale Romance A unique take on the relationship between group purchasing and indirect spend and how the two work together to drive cost savings and value. Once upon a time, in the bustling World of Procurement, there existed a charming knight known as Group Purchasing.
Subscribe to SupplyChain Game Changer. SupplyChain’s Moment of Truth Has Arrived! But few have in-depth experience in SupplyChain, let alone understand how to leverage SupplyChain. But few have in-depth experience in SupplyChain, let alone understand how to leverage SupplyChain.
The majority of organizations consider supplychain transparency to be a top priority, however less than a third are satisfied with the level of visibility into their suppliers. Most organizations continue to suffer from severely limited visibility in the lower levels of their supplychains. About the research.
New release features AI-powered contract management, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . Redwood City, CA – 11 July, 2022 – Ivalua , a global leader in Cloud SpendManagement solutions , announced the general availability of its new platform release 174.
The Basics of Group Purchasing. Discover the basics of group purchasing and the benefits of working with a group purchasing organization to develop a comprehensive procurement strategy. The basics of group purchasing. Benefits of working with a group purchasing organization. By Mackenzie Oakley | January 5, 2023.
Originally Posted on August 4, 2009 “Progressive business intelligence in key areas such as SpendManagement should not only tell you where you have been but also where you are or where you should be going on an adaptive basis. Specifically, information regarding spend was culled from the static realms of a financial ERP.
When your business is small, using spreadsheets or sticky notes to track purchases might seem easy. It saves time, reduces mistakes, and gives you a clear view of all purchases, helping you make better decisions. Once approved, the business selects a trusted supplier, negotiates terms, and sends a purchase order.
Redwood City, CA – Feb 24, 2021 – Ivalua , a global leader in Cloud SpendManagement solutions , today announced the general availability of its new platform release 168. The release includes a broad set of innovations to help organizations better manage their spend and suppliers. About Ivalua. Media Contact.
Premier event for Procurement & SupplyChain practitioners will showcase latest innovations in Artificial Intelligence and extensive line-up of industry leaders. Ivalua, a leading provider of global SpendManagement Cloud solutions, today announced the agenda for its marquee annual event series, Ivalua NOW 2019.
Healthcare supplychain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. New York, NY March 30, 2020 – Consus , a leading procurement services provider, today announced that Intalere , a healthcare supplychain GPO based in St. Managing Partner.
Modern SpendManagement and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. What's PLANERGY?
Predictive AI, on the other hand, uses historical data to forecast potential disruptions, price changes, and supplychain risks. Impact on Procurement: Spend analytics give CPOs visibility into spending patterns, supplier performance, and inefficiencies. Ready for Long-Term Procurement Success?
Ivalua NOW 2021 – Premier event for Procurement & SupplyChain practitioners will showcase latest spendmanagement innovations and extensive line-up of industry leaders . Registration is free for procurement, finance and supplychain practitioners and can be done online. Redwood City, CA.
Redwood City, 11 August, 2022 – Ivalua, a global leader in spendmanagement , today announced that Aegion Corporation, a leading provider of infrastructure maintenance, rehabilitation, and protection solutions, selected its platform to digitally transform procurement. About Aegion Corporation. Aegion is committed to Stronger.
Coupa Software, a provider of Business SpendManagement, announced that it has acquired LLamasoft, a provider of AI-powered supplychain design and planning for a purchase price of approximately $1.5
Big data and digital technologies support the aggregation of purchases across business units to improve performance, provide better spend analysis, and drive business value. Each stage contributes to a more strategic approach to procurement: Spendmanagement: Despite the title, source to pay cannot really start with sourcing.
When Covid-19 first hit five years ago, retailers experienced the need for supplychain resilience. If the pandemic taught retailers anything, its that supplychain issues can bring business to a halt. A key flaw to emerge was that supplychains were murky. Nothing moved.
Healthcare supplychain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. New York, NY March 30, 2020 – Consus , a leading procurement services provider, today announced that Intalere, a healthcare supplychain GPO based in St. Managing Partner.
Categories: Solution Providers , SpendManagement , SupplyManagement , Technology Tags: Coupa Inspire , EU , supply We are witnessing a pivotal change in the market for some of the big source-to-pay (S2P) suite players (like Coupa, SAP and their peers) as they move toward a broader platform and ecosystem approach.
Offshore ultra-deep water drilling company to deploy eSourcing globally across its purchasing function. Pacific Drilling requires a fast, efficient and automated sourcing process to support the company’s Purchasing processes. Effectively managing costs and supplychain risk is critical to success,” said Dan Amzallag, CEO of Ivalua Inc.
Purchasing (45%), invoicing (41%) and budget management (39%) are the most digitised processes to date. Full digital transformation remains a long way off for most Procurement and supplychain organisations. 67% of respondents say it is limiting their ability to gain insights into spend and supplier management. “The
Modern SpendManagement and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. How better management in AP can give you better flexibility for cash flow management. Procurement in education is far more than simple purchasing.
EPISODE 137 Using Visibility to Combat SupplyChain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.
The most fundamental spend categorization in Procurement is the line between direct and indirect spend, but one effort that transcends this split is supplier management. This includes supplier information management, supplychain risk management/mitigation, and supplier performance management.
Redwood City, 17 August, 2022 – Ivalua, a global leader in spendmanagement , today announced that O-I Glass Inc, an American Fortune 500 company headquartered in Perrysburg, Ohio, has selected its solution to streamline its Global Direct and Indirect Source-to-Pay (S2P) Processes. in 2021 and 24,000 employees. About Ivalua.
The right software can guarantee better fleet management and more efficiency which can translate to increased profitability overall. This echoes JAGGAER’s focus on better spendmanagement for a host of industries including the supplychain. Manual labor can be inefficient and lead to poor spendmanagement.
Modern SpendManagement and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Simpler Logistics and SupplyChainManagement With operations overseas, you run the risk of becoming too reliant on global supplychains.
Research from Ivalua , a leading global spendmanagement cloud provider , has revealed that less than a quarter of UK businesses have comprehensive and fully implemented plans and KPIs for improving the sustainability of goods and services. Conversely, in most cases, corporates lack meaningful data beyond tier 1 of their supplychains.
A prime example of this is sustainability: since a large portion of emissions lie within the supplychain, procurement holds a crucial lever here think Scope 3. Proper orchestration of supplychains enhances corporate resilience. Procurement professionals are increasingly evolving into strategic value creation partners.
It is a process that creates efficiencies across all spend categories, minimizes supplychain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Assessment of the supply market (who offers what?) emergency purchases and b.) Tactical sourcing is ideal for a.)
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