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The Disruptive Power of Digital Procurement

Una

A recent paper from Deloitte has helpfully categorized digital procurement into three areas: automated P2P (Procure-to-Pay), proactive SRM (Supplier Relationship Management), and predictive S2C (Source to Contract). How to Improve Strategic Supplier Relationship Management. How to Optimize Your Spend with a Strategic Sourcing Process.

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User Adoption and the Rise of the AI Chatbots: The End of Maverick Spend, Vendor Rationalization and Change Management

Procurement Insights

As you read the title of today’s post, you may wonder what maverick spend, vendor rationalization and change management have to do with user adoption and AI Chatbots. The simple answer is the end of maverick spend , vendor rationalization , and change management. Placing a requisition? So, everything.

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Is Spend Analytics Software Essential For Spend Visibility?

Procurement Software

Why is spend analytics software so important? Anyhow, in this article, we’re going to take a look at: How to get a reliable spend analysis without the help of specialised spend analytics software. The difference between various spend analytics software out there on the market. It’s shockingly few.

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Is Spend Analytics Software Essential For Spend Visibility?

Procurement Software

Why is spend analytics software so important? Anyhow, in this article, we’re going to take a look at: How to get a reliable spend analysis without the help of specialised spend analytics software. The difference between various spend analytics software out there on the market. It’s shockingly few.

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Circular Economy: Sustainability Challenges and Benefits

Planergy

We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with PLANERGY. How better management in AP can give you better flexibility for cash flow management. Clients and results. More Customers. Cristian Maradiaga. King Ocean.

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Procure-to-Pay (P2P) vs. Source-to-Pay (S2P)

Procurement Software

Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. This reflects the increasing digitisation trend in procurement to manage both operational and strategic processes more effectively. What is the difference P2P and S2P?

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Procure-to-Pay (P2P) vs. Source-to-Pay (S2P)

Procurement Software

Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. This reflects the increasing digitisation trend in procurement to manage both operational and strategic processes more effectively. Master data management. Supplier due diligence.