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New release features AI-powered contract management, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . AI-powered contract management. Other notable highlights include: Supplier Risk & Performance Management . About Ivalua. 212-239-8594.
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.
Redwood City, CA – March 24th, 2022 – Ivalua, a global leader in spendmanagement, today announced that it has been named a leader in The Forrester Wave : Supplier Value Management Platforms, Q1 2022. Ivalua is honored to be recognized in this important evaluation covering a broad range of Procurement and SupplyChain processes.
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With 30% of respondents indicating their organizations are suffering from an inability to assess risk across suppliers, many are investing in new strategies to minimize the frequency and impact of disruption. The study also found that suppliers will be vital for successfully ensuring supply continuity. About Ivalua.
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?
Ensuring supplychain continuity, identifying new revenue opportunities, and improving decision making are key focuses as firms recover from the pandemic. Procurement priorities have also become more strategic, as organizations focus on improving supplychainresilience and boosting growth. About Ivalua.
Ivalua SpendManagement 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.
Ensuring supplychain continuity, identifying new revenue opportunities, and improving decision making are key focuses as firms recover from the pandemic. Procurement priorities have also become more strategic, as organisations focus on improving supplychainresilience and boosting growth.
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. What's PLANERGY?
What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence. As Forrester’s VP and Principal Analyst Duncan Jones noted, while avoiding risk is impossible, preparing for it is critical.
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.
The best way to minimize disruption is to identify the various supplier risks and create a plan of action for what to do if the risk becomes a reality. Financial RisksRisks in this category range from an unexpected change in the exchange rate to supplier bankruptcy.
Procurement has had massive challenges and targets over the past year: Managing inflation. Reducing supplier risk. Ensuring continuity of supply. Reducing spend. At the same time, they’ll need to watch and prepare for future economic downturns and supplychain disruption. Driving sustainability.
TrueLedger manages real-time contract evaluation and management for professional services. PivotApp is a cloud-based platform for procurement intake and spendmanagement targeting growing tech companies and mid-market businesses. DigiProc automates supplier negotiations for tactical and tail spend.
Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supplychain, invoicing, contracting, and payments. As per Zycus’ Pulse of Procurement Survey, riskmanagement was the top procurement priority for CPOs in 2022.
Stakeholders should understand that amalgamating SIM with various management systems and ERP software offers a range of additional benefits. When risks are identified and mitigated at the earliest opportunity, organizations can ensure that their reputation is not impacted and any financial ramifications are avoided.
Then we get into the transformational and risk issues that are often raised. There will also be risks in changing to new suppliers and risks during the onboarding process. Then there are the risks and element of uncertainty over the impact on a brand over sourcing diversely: where do sourced products come from?
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