Spend Matters

DECEMBER 4, 2024

The post How contract management solutions support risk management appeared first on Spend Matters. Here, we explore the overlap of these types of solutions. This content is for members only. Visit the site and log in/register to read.

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Spend Matters

NOVEMBER 5, 2024

To round off that perspective we’d like to engage the thoughts of the solution providers themselves, particularly in terms of how they believe their customers perceive risk and what they want from today’s solutions. Visit our In-Depth Guide to Risk Management for an explanation of this complex environment.

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Risk management Risk Management Supply Chain Efficiency 120

Spend Matters

NOVEMBER 12, 2024

As part of our Q4 research into supplier risk, third-party and supply-chain risk management (TPRM/SCRM) and the solutions that support it, we have not only conducted analyst- and market-led research in the shape of analyses, advisory, definitions and webinars.

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TYA Suite

NOVEMBER 15, 2024

This introduction to supplier risk management outlines the importance of effectively identifying and managing risks that may arise from suppliers. Supplier risk management is crucial for businesses, as it helps them mitigate potential challenges that can disrupt operations.

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Spend Matters

DECEMBER 10, 2024

This dependency, while essential, introduces potential risks that can lead to operational delays, regulatory penalties and financial instability if not effectively managed. This content is for members only. Visit the site and log in/register to read.

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Risk Risk management Procurement Supply chain 113

CPO Rising

JULY 7, 2025

Join Ardent Partners and apexanalytix on July 16th (11 AM ET) as they discuss Proactive Supplier Risk Management Requires a Solid Data Foundation.

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Spend Matters

DECEMBER 16, 2024

In part 3 we look at the tech that can support Procurement in tariff management. Effective and efficient tariff management is rooted in robust direct materials and supply chain risk management. Design-for-Supply part 1, part 2, part 3 and part 4.

Management 112

Management Agile and Lean Supply Chain Supply Chain Efficiency Material management 112

Pipefy

MARCH 25, 2025

This is why AI for risk management is one of the most powerful tools banks and fintechs can rely on to detect and prevent fraud in an automated way. But how is AI revolutionizing fraud risk management in the credit sector, and how can BPM and BPA optimize this process? What is the Role of BPA in Fraud Prevention?

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Spend Matters

NOVEMBER 19, 2024

As part of our theme this quarter on Procurement’s role and value in supply chain risk management, we are speaking with practitioners in the field to understand their perceptions of risk — clearly different industries perceive types of risk in different ways.

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Risk Strategy Agile and Lean Supply Chain Procurement 113

SCMDOJO

JANUARY 9, 2025

Enhancing Competitive Advantage Strategic sourcing creates a sustainable competitive edge by combining cost savings, risk management, and supplier innovation. Predictive Risk Management Smart solutions equipped with predictive analytics can help foresee potential riskssuch as supplier insolvency or geopolitical eventsbefore they occur.

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Spend Matters

OCTOBER 30, 2024

As part of our series on all aspects of risk management, we are taking a look at the digital capabilities of risk solutions (supplier risk management, TPRM and SCRM). The first part covers the enabling and supporting capabilities and here we cover risk governance. This content is for members only.

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Procurement Templates

NOVEMBER 21, 2024

Risk Management Actionable Steps: Identify Risks: Develop a checklist of potential procurement risks, such as supply chain disruptions or quality issues. Monitor Continuously: Use procurement dashboards to track risk indicators. Resources: Risk management certifications (e.g., PMI-RMP, ISO 31000).

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Agile and Lean Supply Chain supply chain budgeting Supply Chain Optimization supply chain software solutions 130

Procurement Insights

JANUARY 3, 2025

20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management. Analytics and insights from procurement data were minimal.

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Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Procurement 52

Spend Matters

MAY 1, 2025

AI-driven procurement analytics, workflow automation and predictive modeling enable organizations to make data-backed purchasing decisions and enhance supplier risk management. Leverage AI to enhance supplier insights, spend analytics and risk management. Strengthen procurement integration with finance, IT and suppliers.

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Spend Matters

NOVEMBER 13, 2024

These and other similar risks have increased with globalization, and reputational damage can be significant, as many cases have shown over the years. Find our in-depth guide to third-party and supply chain risk management with accompanying free download here. What causes reputational risk The causes come from many quarters.

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Spend Matters

JULY 10, 2025

Agentic AI is transforming procurement — from intake and sourcing to risk management and P2P exception handling. This article explores real-world use cases across the source-to-pay lifecycle, showing how autonomous agents can execute tasks, orchestrate decisions and learn from feedback.

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Skill Dynamics

JANUARY 14, 2025

A typical procurement competency framework covers several key areas, including but not limited to strategic sourcing, supplier management, risk management, and contract negotiation. They can improve performance, lead to stronger strategic alignment, and enhance the career development opportunities for your procurement staff.

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Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

Spend Matters

NOVEMBER 7, 2024

This realization planted the seed for a solution that would later become Halo Ai — a system designed to create comprehensive risk profiles for third parties, enabling organizations to operationalize their risk management strategies more effectively. What is the road ahead for Halo Ai?

Supply Chain Efficiency 113

Supply Chain Efficiency Risk management Real-time Visibility Ethics 113

ivalua

JULY 1, 2025

Core Operational Focus Areas A modern strategy must prioritize foundational capabilities, including spend analysis , vendor management, contract lifecycle management, and risk management. It enhanced supplier collaboration, centralized supplier risk management, and gained the spend visibility needed to support growth.

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Procurement Templates

DECEMBER 11, 2024

Implement Lean Procurement Practices: Use lean management principles to minimize waste and streamline procurement operations. Create Contingency Plans: Develop risk management protocols for supply disruptions and emergencies.

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Procurement Supply Chain Efficiency Cost of ownership supply chain budgeting 130

Spend Matters

JULY 1, 2025

By offloading these manual tasks, AI allows SMB procurement teams to redirect their focus toward high-value strategic initiatives, such as negotiating better supplier contracts, strengthening risk management and driving cost efficiencies.

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Procurement Procurement team Budget Risk management 88

Spend Matters

JANUARY 7, 2025

Maja Tepeh , Senior Brand Manager at supply chain risk management solution Prewave , shares what their customers are looking for from their digital procurement investment. However, the cost avoidance from mitigating ESG-related supply chain risks, such as regulatory fines or disruptions, is equally important.

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supply chain software solutions Supply Chain Efficiency Procurement Raw materials 117

ivalua

JULY 1, 2025

Core Operational Focus Areas A modern strategy must prioritize foundational capabilities, including spend analysis , vendor management, contract lifecycle management, and risk management. It enhanced supplier collaboration, centralized supplier risk management, and gained the spend visibility needed to support growth.

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Procurement strategies Strategy Real-time Visibility Procurement 130

Spend Matters

NOVEMBER 7, 2024

What is Halo Ai HaloAi is a third-party risk management (TPRM) solution that aims to be a one-stop shop for third-party risk so that organizations do not need multiple point solutions. Halo Ai uses AI models to connect, correlate and contextualize real-time data points to bring customers the full risk story.

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Procurement Insights

DECEMBER 11, 2024

Real-time data will inform sourcing decisions, risk management, and supplier relationships, leading to more informed and agile procurement functions. Circular Economy – [link] Elkington 2008 – [link] Elkington 2023 – [link] 7. Dangerous Myths 2007 – [link] Dangerous Myths (2007 2024) – [link] 8.

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Agile and Lean Supply Chain Procurement Supply Chain Efficiency Sustainability 59

Spend Matters

OCTOBER 29, 2024

On October 31 at 10:30 a.m. ET, the Spend Matters Analyst Team will celebrate Halloween by treating all to a webinar that shares the insights they have derived while compiling this year’s 50 to Watch, 50 to Know and Future 5 lists.

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supply chain software solutions Procurement Supply chain Innovation 117

Spend Matters

NOVEMBER 13, 2024

In today’s fast-evolving business landscape, procurement and supply chain professionals are confronted with a staggering complexity of risk management (link to complexity piece) that requires a nuanced understanding of various dimensions of risk.

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Risk Suppliers Risk management Agile and Lean Supply Chain 117

SCMDOJO

OCTOBER 28, 2024

Risk Management: By understanding potential risks, procurement can develop contingency plans to ensure a continuous supply of materials. Supplier Diversification: S&OP may indicate the need for supplier diversification to reduce reliance on a single source and mitigate risks.

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Procurement Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 97

Spend Matters

JUNE 26, 2025

The ‘digital masters’ are demonstrating superior outcomes across all performance metrics, including cost savings, stakeholder influence and satisfaction, and risk management. The study provides an in-depth look at how AI is proving the advantage for the top performers. return on Gen AI investments, while ‘followers’ saw only 1.6x.”

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Procurement team Procurement Agile and Lean Supply Chain supply chain budgeting 69

Skill Dynamics

JANUARY 9, 2025

Capability 3: Risk Management and Mitigation Supply chains are consistently exposed to a whole host of common risks, from supplier bankruptcy, to transportation delays, and even the effects of natural disasters. To avoid or at the very least mitigate these risks, an appropriate risk management strategy is needed.

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

ivalua

MAY 10, 2025

This guide breaks down the key procurement technologies in use today and the trends reshaping the future, such as AI-driven sourcing, predictive risk management, and deeper integration across the supply chain. Your procurement technology platform should help unify data and processes across tiers to avoid disruptions.

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Procurement 130

ivalua

MAY 29, 2025

When you combine this with Ivalua’s supplier management capabilities , you gain a unified view of supplier profiles, certifications, performance, and risk factors. With Ivalua, companies can implement robust supplier risk management programs that combine internal data, third-party risk feeds, and real-time alerts.

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Spend Matters

APRIL 15, 2025

Procurements most valuable players Jesus Campos , CEO CorporateLATAM, once wrote on Spend Matters that procurement functions must address two key areas to navigate the uncertainty of global markets: risk management and organizational structure the latter being relevant to our discussion on procurement transformation. The Risk Manager.

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Procurement Chief Procurement Officer Category management Project management 102

TYA Suite

OCTOBER 27, 2024

Businesses can then take proactive measures, such as diversifying their supplier base or negotiating contingency plans with vendors, to mitigate these risks. By improving risk management, businesses can reduce the likelihood of supply chain disruptions, ensuring that their vendors remain reliable partners in the long term.

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supply chain software solutions Supply Chain Efficiency Management Procurement 40

Spend Matters

APRIL 15, 2025

This capability is particularly beneficial in contract management, as it can enhance analytics for complex IT and SaaS agreements, ensuring public funds are spent wisely and efficiently.

Real-time Visibility 73

Real-time Visibility Procurement e2e Supply Chain Efficiency 73

Jaggaer

FEBRUARY 28, 2025

Risk Management: Develop a comprehensive risk management plan identifying potential disruptions and outlining mitigation strategies. Supply Chain Visibility: Invest in technology that provides real-time visibility into the supply chain. This should include contingency plans for key suppliers and critical materials.

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Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Optimization 52