Procurement Software

APRIL 23, 2024

-based company, offers a self-service spend analysis software that revolutionises the way businesses manage and analyse their spending. Ideal for those seeking immediate insights into their procurement processes, Spendata provides a robust yet user-friendly solution that enhances spending visibility and operational efficiency.

supply chain software solutions 52

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

ivalua

APRIL 28, 2023

Ivalua Spend Management Insights [ivory-search] Payment Cards FAQ: More Cash Rewards, Less Effort April 28, 2023 | | Innovation by Steve Carter Unlock your Payment Solution Organizations are rethinking their traditional payment methods as they seek to maximize savings while securely streamlining the invoicing process.

Innovation 130

Innovation Purchasing supply chain budgeting Contract 130

Una

APRIL 25, 2023

Here are some of the factors that cause time constraints in procurement: Increased complexity The globalization of markets and the expansion of the supply chain bring cost benefits, but have also led to an increase in the volume and complexity of procurement activities. Why are Sourcing Heroes so often time-poor in procurement?

Procurement 94

Procurement supply chain budgeting Supply Chain Efficiency Contract 94

Empowering CPO

JUNE 20, 2023

But don’t be fooled by their size – when accumulated, these costs can form a substantial part of a company’s expenditure, and a large number of suppliers can add complexity and risk to the supply chain. 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

Empowering CPO

JUNE 26, 2023

Spend analysis refers to the process of examining and categorizing an organization’s spending patterns, supplier relationships, and purchasing behavior to identify opportunities for cost reduction, process improvement, and strategic decision-making.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 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 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

Procurify

JULY 20, 2022

So, what are the common challenges purchasing managers face today, and how can they address them? Risk management and mitigation. Risk management and mitigation is a primary purchasing challenge today. Before, purchasing managers often prioritized spend management. Implementing compliance.

Purchasing 52

Purchasing Management Supply Chain Efficiency supply chain software solutions 52

Una

OCTOBER 9, 2023

How to Implement a Strategic Sourcing Process A play-by-play manual showing how to implement a strategic sourcing process that aligns with your organization’s goals, optimizes spend, and creates long-term value. By proactively addressing risks, organizations can safeguard their supply chains and drive efficiencies.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 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. In the ever-evolving world of business, strategic sourcing has become a linchpin in corporate success.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Planergy

SEPTEMBER 8, 2022

If suppliers feel like you’re constantly criticizing them or looking for ways to reduce costs, they may be less likely to want to do business with you in the future. Are the supplier’s costs reasonable and in line with your budget? Do you know how much you can realistically afford to spend? Download PDF.

Suppliers 52

Suppliers Management Supplier relationship management supply chain budgeting 52

Pipefy

MAY 23, 2023

Risk reduction. If your industry has volatile inclinations or there is a supply chain disruption, a digital contract management tool can monitor and forecast those changes so that you can mitigate possible disasters. Life cycle management. Regulations and requirements can change over the duration of a contract.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Planergy

AUGUST 25, 2022

This new digital strategy also uses predictive analysis to detect patterns, and predict outcomes, while offering better risk management capability. Use PLANERGY to manage purchasing and accounts payable. Download PDF. What’s your goal today?

Data 52

Data supply chain budgeting Purchasing supply chain software solutions 52

Pipefy

JANUARY 30, 2024

Procurement technology landscape Procurement technology is primarily designed to simplify procurement processes and reduce costs, but it’s grown to offer so many more benefits than that, with the greatest one being transforming procurement into a source of reliable strategic influence. Contract and compliance management.

Agile and Lean Supply Chain 52

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

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

This strategy unlocks benefits like cost reduction, risk management, and strong supplier relationships. Are you focused on cost reduction, innovation, sustainability, or a combination? Value engineering (finding alternatives) and reducing waste can also contribute. Strong contract negotiation helps manage risks.

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52

ivalua

MAY 18, 2022

Even reducing costs often depends more on effective collaboration rather than negotiation in today’s market. At the same time, organizations have never been more exposed to risk from their supply chains, from supply continuity, quality, or ESG violations. Take carbon reductions for example.

Suppliers 130

Suppliers Management Supply Chain Efficiency Collaboration 130

Procurement Software

MARCH 5, 2024

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. Raindrop has also been recognised as a cloud-enabled procurement focused Contract Lifecycle Management (CLM) application. FRDM FRDM is a software company specialising in supply chain risk management.

Real-time Visibility 52

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

Empowering CPO

JUNE 25, 2023

It’s a delicate balancing act, where businesses must juggle quality, cost, supplier relationships, and risk management, all while keeping an eye on their bottom line. These systems streamlined the procurement process, improving efficiency and reducing costs.

Procurement 52

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

Zycus Cognitive Procurement

JANUARY 31, 2023

At its core are three distinct components — supplier segmentation, strategy development and execution – enabling companies to identify risks/opportunities while optimally engaging with their vendors. Reduced costs: Effective supplier relationship management brings a range of benefits to businesses.

Supplier relationship management 40

Supplier relationship management Suppliers Management Supply Chain Efficiency 40

Planergy

SEPTEMBER 12, 2023

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. What is Horizontal Integration?

Supply Chain Efficiency 52

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

Procurement Software

FEBRUARY 20, 2024

It also has an analytics system claiming to focus on risk management rather than retrospective troubleshooting. Spendkey Spendkey provides a SaaS platform that simplifies spend analytics at all levels of your organisation. It includes everything from finance and contract data to compliance, risk, and ESG assessments.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

Procurement Software

JULY 4, 2023

It aims to make the procurement process more efficient, transparent, and cost-effective. It can help organisations reduce costs, optimise supplier relationships and increase compliance. It has become an essential tool for companies in today’s digital world to save time and reduce costs.

Supply Chain Efficiency 52

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

Procurement Software

MARCH 11, 2022

This can lead to supply chain disruption caused by storeroom stock-outs of critical spare parts. Incorrect incoterms are also one of the most common causes of supply chain disruption. What gets measured gets managed. It will also help reduce the number of accounts payable issues. Incorrect lead times.

Data 52

Data Raw materials Procurement Suppliers 52

Procurement Software

MARCH 11, 2022

This can lead to supply chain disruption caused by storeroom stock-outs of critical spare parts. Incorrect incoterms are also one of the most common causes of supply chain disruption. What gets measured gets managed. It will also help reduce the number of accounts payable issues. Incorrect lead times.

Data 52

Data Raw materials Procurement Suppliers 52

Pipefy

JANUARY 5, 2023

But effective procurement goes beyond these tasks to include activities such planning, strategy, and supply chain management. Nowhere is this more true than in the challenges to the supply chain. Simplifies spend management. Fraxion is used to manage processes including: Purchase requisition to PO.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

Procurement Software

MARCH 11, 2022

No clear understanding of the extent of maverick spend – i.e. the % of total spend which is not being managed by a procurement professional. Spendency can provide value-for-money analytics solutions at an affordable price for all sizes of businesses, which also drills down to whatever level of spend detail you wish.

supply chain software solutions 52

supply chain software solutions Real-time Visibility Data Category management 52

Procurement Software

MARCH 11, 2022

No clear understanding of the extent of maverick spend – i.e. the % of total spend which is not being managed by a procurement professional. Spendency can provide value-for-money analytics solutions at an affordable price for all sizes of businesses, which also drills down to whatever level of spend detail you wish.

supply chain software solutions 52

supply chain software solutions Real-time Visibility Data Category management 52

Procurement Software

JUNE 13, 2023

It serves the needs of purchasing managers, procurement professionals and senior buyers. It enables users to allocate, manage and monitor budgets. Catalogue Management allows you to enjoy the e-commerce experience for your corporate supplies as you create requests faster and easier.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Jaggaer

JULY 18, 2019

A: Cost is a huge factor in determining what technologies and tools your company uses. In fact, our report found that insufficient budget was the single biggest obstacle to moving forward with digital transformation. A: Data integrity risk is an enormous concern for any company going through the digitalization process.

Procurement 40

Procurement Agile and Lean Supply Chain supply chain budgeting Innovation 40

Procurement Software

AUGUST 8, 2023

They are arguably the market leader and self-proclaimed “inventor of the Business Spend Management (BSM) category”. They quickly rose to be the market leader, especially in the untapped area of spend management for indirect procurement teams. Mid-market businesses don’t have huge software budgets.

supply chain software solutions 52

supply chain software solutions Agile and Lean Supply Chain supply chain budgeting Procurement team 52