Procurement Software

MARCH 11, 2022

Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. The best opportunities now lie in tail spend management. This is usually areas of indirect spend which have previously been relatively unexplored. What is tail spend?

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Claritum

FEBRUARY 14, 2019

Why is Complex Spend an Issue? Gaining Visibility and Control. The reasons for the challenges vary from organisation to organisation however, fundamentally, include the spend being spread across many business groups (i.e. 3 Gaining Visibility and Control. Claritum Article - Procurement Blog. Introduction. Resources.

Real-time Visibility 36

Real-time Visibility Spend management Management Eprocurement 36

ivalua

JULY 16, 2020

A lack of digital maturity and a focus on supplier cost and quality are also limiting green practices. 16th July 2020, London – Research from Ivalua, a leading provider of spend management cloud solutions, has shown that six-in-ten (60%) UK businesses have decreased their investment in sustainability initiatives due to the COVID-19 pandemic.

Sustainability 130

Sustainability Real-time Visibility supply chain budgeting Supply chain 130

ivalua

SEPTEMBER 19, 2022

Loss of sales and market share are the most visible and measurable impacts. Under pressure to quickly identify new sources of supply, due diligence has–at times been reduced, thereby increasing the likelihood of quality issues, unknowingly supporting forced labor, or exposing organizations to fraud.

Risk management 130

Risk management Supply Chain Efficiency Risk Supply Chain Optimization 130

ivalua

MARCH 27, 2023

E-invoicing Mandate | France 2024 Ivalua Spend Management Insights [ivory-search] Wake Up AP, Before it’s Too Late! The first and most visible element of this change are the emergence of Government tax networks or Continuous Transaction Controls (CTC) systems. What are the implications?

Procurement strategies 130

Procurement strategies Agile and Lean Supply Chain Real-time Visibility Networking 130

Procurement Software

APRIL 23, 2024

established in 2020, is a pioneer in the field of spend analysis automation. Located in Amsterdam, Netherlands, the company leverages advanced AI technologies to enhance procurement processes, focusing on efficiency and data visibility. Mithra-Ai Mithra-AI Solutions B.V. Spendata caters to both mid-market and enterprise customers.

supply chain software solutions 52

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

Arkestro

MARCH 27, 2024

Regardless of industry, procurement buyers fulfill their role by finding the best suppliers, negotiating contracts, and identifying the most cost-effective, timely procurement of goods. The best procurement buyers have a solid understanding of market trends, supplier performance, and ethical sourcing. Bureau of Labor Statistics.

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

Pipefy

DECEMBER 20, 2023

P2P analytics is important because it offers a layer of visibility and transparency to data across the entire procure-to-pay cycle. This analysis draws meaningful insights, measures process performance, and provides a clear picture of company spend management.

Import 52

Import Procurement Real-time Visibility Data 52

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time?

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

Planergy

AUGUST 21, 2023

How AP can improve relationships with your key suppliers. How better management in AP can give you better flexibility for cash flow management. How Can You Manage Accounts Payable to Improve Cash Flow? Better AP management always starts with better credit terms. Here’s how.

Real-time Visibility 52

Real-time Visibility Purchasing supply chain software solutions Spend management 52

Arkestro

JUNE 6, 2023

Ultimately, both want the same goal — ensuring business outcomes are positive, timely, and on-budget. Purchases in Time and Budget: How many purchases are on budget and on time? Procurement Cost Reduction: How are costs being reduced over time? Emergency Purchase Ratio: How many unplanned purchases are being made?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility supply chain budgeting 52

Planergy

JANUARY 19, 2024

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend.

Vendor management 52

Vendor management Suppliers Quality Supply Chain Efficiency 52

Jaggaer

JUNE 11, 2020

With the current global economic circumstances, it should come as no surprise that businesses across all industries are looking for real time solutions to aid their procurement process by identifying cost reduction and spend management opportunities as a priority. Group, or link, suppliers for better supplier management.

Real-time Visibility 52

Real-time Visibility Procurement Spend management Supply Chain Efficiency 52

Planergy

MARCH 2, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities.

supply chain budgeting 52

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

Claritum

FEBRUARY 4, 2020

Image of the 5 Steps to best practice Visibility, Control, Efficiencies, Savings and Creating value. Visibility. visibilityStep 1 is to get good spend visibility and understand what you are buying and how much you are spending across all your spend categories. Without visibility of spend you cannot progress.

Real-time Visibility 41

Real-time Visibility Procurement Supply Chain Efficiency Spend management 41

Empowering CPO

JULY 17, 2023

Procurement teams are often confronted with issues such as maintaining cost control and visibility over spending, managing relationships with a diverse range of suppliers, staying compliant with a myriad of regulations, mitigating risks in the supply chain, and leveraging new technologies effectively.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Supply Chain Optimization 52

Empowering CPO

JULY 17, 2023

Procurement teams are often confronted with issues such as maintaining cost control and visibility over spending, managing relationships with a diverse range of suppliers, staying compliant with a myriad of regulations, mitigating risks in the supply chain, and leveraging new technologies effectively.

Procurement 40

Procurement Management Supply Chain Efficiency Real-time Visibility 40

Empowering CPO

JUNE 20, 2023

Definition of Tail Spend and Its Importance in Procurement Tail spend, or non-strategic spend, typically refers to the approximately 20% of a company’s purchases that account for about 80% of its suppliers. While tail spend is often neglected, it holds a gold mine of untapped savings opportunities.

Real-time Visibility 40

Real-time Visibility supply chain budgeting Spend management Risk 40

Zycus Cognitive Procurement

APRIL 18, 2022

And it holds good for our Spend Management as well! When it comes to S pend A nalysis , it has been too easy to recognize the most visible parts of the business. After all, it makes sense to keep spends that directly impact your business on a tight leash, right? These are known as Maverick spends. Andy Benoit.

Data 40

Data Real-time Visibility Suppliers Purchasing 40

Empowering CPO

JUNE 26, 2023

This is where spend analysis steps in as a powerful tool to help healthcare organizations gain deep insights into their procurement activities. In healthcare, where budgets are tight and patient care is the top priority, effective spend analysis holds tremendous value.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

Pipefy

MAY 23, 2023

Because of this, carrying out its operations manually is time-consuming and incredibly expensive for businesses. Savvy leaders are quickly adopting e-procurement solutions to lower the time, costs, silos, and strained supplier relationships that plague manual operations.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Jaggaer

FEBRUARY 14, 2019

Source-to-Pay is a more strategic approach to procurement’s core business process because it focuses on behavior–compliance and policy enforcement–promoting more efficient processes and ultimately better spend management. As a procurement leader, you are all too aware of the repercussions of inefficient spending.

Purchasing 49

Purchasing Sourcing Real-time Visibility Budget 49

Claritum

MAY 11, 2018

Your business could struggle to achieve visibility of its global supply chain. Without good visibility, maximising the benefits from global sourcing is impossible, as it is impossible to track exactly how much is being spent. Do you have visibility of a global supply chain? Supply chain visibility is poor. %.

Global sourcing 32

Global sourcing Sourcing Chief Procurement Officer Real-time Visibility 32

Pipefy

OCTOBER 25, 2023

To do this, procurement teams require visibility into their data, control over their processes, and a seat at the business strategy table. And because procurement is at the core of business spend, it makes sense that this department would be the best source for understanding how to maximize business spend. Profitability.

Innovation 52

Innovation Strategy e2e Supply Chain Efficiency 52

Planergy

JANUARY 26, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities.

Risk 52

Risk supply chain software solutions supply chain budgeting Supply Chain Efficiency 52

Planergy

JANUARY 19, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

Procurement Software

JULY 11, 2023

Bettina was a Finance professional before founding Berlin-based spend management startup Hivebuy. I’ve worked in procurement for 20 years and while I understand macroeconomics very well, my grasp of management accounting principles is poor. In service industries, there’s no real viable alternative.

Procurement 52

Procurement Chief Procurement Officer Supply Chain Optimization supply chain software solutions 52

Una

OCTOBER 11, 2022

Amplify Your Business Spend Management Strategies with a GPO. Una leverages over $100 billion in buying power to negotiate best-price contracts with hundreds of the nation’s top suppliers. Una leverages over $100 billion in buying power to negotiate best-price contracts with hundreds of the nation’s top suppliers.

Spend management 97

Spend management Management Real-time Visibility Purchasing 97

Planergy

JULY 5, 2022

Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities. Cristian Maradiaga. King Ocean. Book a Live Demo.

Sustainability 52

Sustainability Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

Planergy

OCTOBER 18, 2023

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend.

Risk 52

Risk Real-time Visibility Negotiation Management 52

Empowering CPO

JUNE 21, 2023

IT’s role in Spend Analysis involves using advanced tools and technologies to gather, cleanse, classify, and analyze spend data more efficiently and accurately. It’s about automating tedious tasks, enhancing data visibility, and providing more profound, actionable insights.

Real-time Visibility 52

Real-time Visibility Data Procurement Strategic sourcing 52

Empowering CPO

JUNE 22, 2023

It not only helps businesses to reduce costs and increase efficiency, but also strengthens supplier relationships, and enhances value creation. The answer lies in the powerful tool of spend analysis. This might include grouping spend by supplier, category, department, or any other criteria that are relevant to your organization.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Claritum

OCTOBER 3, 2017

Today, Claritum’s cloud based spend management platform streamlines the buying and selling of products and services. Optimizing Spend Visibility, Control, Cost Savings and process Efficiencies.  Reporting and Analysis: It enables you to get granular line item visibility of every transaction globally and real time.

Real-time Visibility 32

Real-time Visibility Procurement Supply Chain Efficiency Supply Chain Optimization 32

Planergy

JUNE 30, 2022

How AP can improve relationships with your key suppliers. How better management in AP can give you better flexibility for cash flow management. If you have to spend money converting to new, more appropriate systems later, then the hassle and expense of using something else aren’t worth it. Download Free Copy.

Management 52

Management Real-time Visibility Budget Purchase orders 52

ivalua

NOVEMBER 12, 2019

New Risk Center adds capabilities and integrations to extend existing leadership in enabling holistic management of supplier risk. The latest innovations extend the existing strength of Ivalua’s Supplier Management solution, which had already been recognized as a Leader by Forrester Research Inc.

Risk management 20

Risk management Risk Management Real-time Visibility 20

The Procuretech Podcast

SEPTEMBER 21, 2021

Managing people-to-people relationships, whether with stakeholders or suppliers, through email chains and Excel sheets isn't particularly effective. Stakeholder and Supplier Collaboration Without Emails and Excel. So, what's in it for the stakeholder or the supplier to use a digital tool?

Real-time Visibility 52

Real-time Visibility Collaboration Suppliers Supplier relationship management 52