ivalua

SEPTEMBER 20, 2021

Rapid Optimization of Contract Management, Supplier Management and Direct Materials Sourcing. Asian Paints conceptualized a technology solution using Ivalua’s Supplier Information Management , Sourcing and Contract Management solutions to streamline the end-to-end contract management and sourcing processes. .

Contract 130

Contract Collaboration Sourcing Contract management 130

World of Procurement blog

APRIL 23, 2024

A significant driver of this evolution has been the integration of advanced technologies into procurement processes. From automated systems to data analytics, technology is reshaping procurement, making it more strategic, efficient, and adaptable to changing market demands. They also facilitate quicker contract retrieval and revision.

Supply Chain Efficiency 52

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

World of Procurement blog

APRIL 23, 2024

A significant driver of this evolution has been the integration of advanced technologies into procurement processes. From automated systems to data analytics, technology is reshaping procurement, making it more strategic, efficient, and adaptable to changing market demands. They also facilitate quicker contract retrieval and revision.

Supply Chain Efficiency 52

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

Procurement Tactics

JUNE 28, 2023

Procurement Tracking is the process of monitoring and managing procurement activities. To stay at the forefront of today’s rapidly evolving business environment, procurement tracking plays a crucial role in monitoring the procurement process. Procurement Strategy Take the lead with our proven 5-step procurement strategy 3.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Procurement Templates

JUNE 18, 2023

Strategic sourcing: Adopting strategic sourcing practices enables procurement to analyze the entire supply chain and identify cost drivers. By understanding the components and processes that contribute to the final product’s cost, procurement can explore opportunities to optimize and reduce expenses.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

ivalua

DECEMBER 21, 2021

Redwood, CA, 20th December 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Canada’s largest co-operative, Federated Co-operatives Limited (FCL), has gone live with its source-to-contract solution which includes a seamless integration to TealBook, the leading supplier data foundation.

Contract 130

Contract Sourcing Suppliers Data 130

Procurement Software

APRIL 23, 2024

There are plenty of affordable spend analytics solutions on the market who cater to mid-market businesses. We look at 7 of them who offer spend analytics software solutions tailored towards the mid-market. Mithra-Ai Mithra-AI Solutions B.V. Mithra-Ai Mithra-AI Solutions B.V.

supply chain software solutions 52

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

Bonfire

APRIL 3, 2023

But to make them work as general admin tools requires a lot of finessing and fitting square pegs into round holes—leaving too much of procurement up to error-prone manual processes. Procurement software offers a one-stop solution that covers the whole range of contract management challenges.

Eprocurement 52

Eprocurement Bidding Strategic sourcing Strategic sourcing 52

Empowering CPO

JULY 16, 2023

Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Empowering CPO

JULY 2, 2023

As companies grapple with economic uncertainties and rapidly evolving market dynamics, the focus is shifting from mere cost-cutting to strategic cost management. In this context, Managed Procurement Services offer an effective path to achieve this objective, leveraging innovation, process efficiency, and expert insights.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

Empowering CPO

JULY 17, 2023

It encompasses the intricate processes through which companies acquire the necessary goods and services to sustain and expand their operations. From sourcing raw materials to securing high-quality services, procurement directly influences a company’s efficiency, productivity, and financial performance.

Procurement 52

Procurement Supply Chain Optimization Supply Chain Efficiency Strategic sourcing 52

Procurement Software

SEPTEMBER 26, 2023

If we look at it in terms of software, there are significant differences between the features offered by Source-to-Contract software solutions vs. Source-to-Pay suites. We’ll then cover what to look for in a software solutions provider for Source-to-Contract vs. Source-to-Pay.

Sourcing 59

Sourcing Contract Competitive bidding Bidding 59

Procurement Software

MAY 16, 2023

Having a single platform for the entire procurement process is not only a simple and efficient way to work. Instead, Procurement can focus on the more strategic, value-added tasks that drive both top and bottom line results to the business. Buying Procure-to-Pay software (P2P) can bring huge benefits to your business.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

Procurement Software

JUNE 13, 2023

There doesn’t seem to be a month go by without a new solution coming onto the market offering eSourcing software as part of their offering. Knowing which solution is suited to your business and level of procurement maturity is a minefield. Which eSourcing solutions are best suited to mid-market businesses?

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

Empowering CPO

JULY 16, 2023

Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

Procurement Software

MARCH 19, 2024

If we let our minds run wild, it’s not difficult to see how much potential this technology could bring to transform many existing procurement processes and tasks. It can also process disparate data sources and formulate these into predictive risk assessments. With contract management, the future is pretty much here now.

Procurement 52

Procurement Category management supply chain software solutions Data 52

Empowering CPO

JULY 17, 2023

It’s the complex process through which businesses source and acquire the goods and services they need to operate and grow. Introduction to Managed Procurement Services In recognition of procurement’s strategic role, many businesses are turning to Managed Procurement Services (MPS).

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Supply Chain Optimization 52

Empowering CPO

JUNE 30, 2023

Managed procurement services, a key facet of business process outsourcing, is a solution that allows businesses to delegate their procurement tasks to external experts. Our solutions are not just about reducing costs; they’re about creating value, fostering innovation, and driving business growth.

Management 40

Management Procurement Supply Chain Efficiency Supplier relationship management 40

Procurement Software

MARCH 5, 2024

If you’re a consultancy, an investor, or a solution provider and need to do deeper analysis of the market, we also offer subscriptions to our back end database , with all data points searchable. Focal Point aims to provide an overarching solution for the entirety of your procurement department’s day-to-day operations.

Real-time Visibility 52

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

Empowering CPO

JULY 2, 2023

The modern concept of managed procurement services came into being as businesses started realizing the intricacies and the potential that lies within effective procurement. Traditionally, procurement was seen as a tactical, back-office process, primarily focused on buying goods and services at the lowest possible cost.

Management 52

Management Procurement Strategic sourcing Strategic sourcing 52

Una

FEBRUARY 8, 2023

Implement an e-procurement system Implement an e-procurement system to automate the purchase process and reduce the time and cost of manual purchasing. Time equals money, which means the hours spent manually entering data into a spreadsheet is costing you more than you would spend on implementing an e-procurement solution.

Procurement 59

Procurement Negotiation Contract Strategic sourcing 59

Procurement Software

FEBRUARY 27, 2024

Source-to-pay software handles everything from the sourcing process, right the way up to invoice payment. We cover the major differences between procure-to-pay , source-to-pay and source-to-contract in two separate articles. Some S2P suites also offer contract management functionality.

Sourcing 52

Sourcing Contract management Price Procurement 52

Procurement Software

JULY 18, 2023

When you think of the best purchasing software solutions for SMEs, or procurement tech in general, you probably think “expensive” This list of 15 procurement tools specifically targeted to smaller and growing businesses will prove it’s not so. This is not sponsored content No provider has paid us to be part of this list.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Empowering CPO

JUNE 30, 2023

In simple terms, they are a suite of services where a third-party provider, like EmpoweringCPO, manages various procurement functions on behalf of an organization. These services can range from strategic sourcing and supplier management to purchase order management and invoicing. So, let’s dive in!

Management 40

Management Procurement Supply Chain Efficiency Strategic sourcing 40

Una

NOVEMBER 2, 2023

It’s difficult to pinpoint the nature of their concern; perhaps they believe outsourcing some parts of the procurement process is cheating, or maybe they worry that a GPO will alter their sourcing strategy. For many, the age-old concern is that of somehow being replaced or being made obsolete by a more efficient way of doing things.

Negotiation 52

Negotiation Purchasing Strategic sourcing Strategic sourcing 52

Una

SEPTEMBER 22, 2022

A guide to IT procurement for navigating the complex IT sourcing process in a way that drives organizational efficiencies and improves your bottom line. The procurement process involves strategy, research, negotiation, and implementation to ensure your company is running efficiently and cost-effectively. Who Owns IT Procurement?

Procurement 98

Procurement Real-time Visibility Contract Purchasing 98

Procurement Software

MARCH 11, 2022

I’m going to show you how you can quickly uncover savings opportunities from your existing contracts through: Some good, old-fashioned detective work to compare contract terms against invoices and hidden cash cows. Effective contract management. More strategic supplier collaboration. How to improve effectiveness?

Contract 52

Contract Contract management Negotiation Supplier relationship management 52

Procurement Software

MARCH 11, 2022

I’m going to show you how you can quickly uncover savings opportunities from your existing contracts through: Some good, old-fashioned detective work to compare contract terms against invoices and hidden cash cows. Effective contract management. More strategic supplier collaboration. How to improve effectiveness?

Contract 52

Contract Contract management Negotiation Supplier relationship management 52

Procurement Software

JANUARY 23, 2024

If you’re a consultancy, an investor, or a solution provider and need to do deeper analysis of the market, we also offer subscriptions to our back end database , with all data points searchable. Inhubber Inhubber is a contract management and digital signature platform powered by blockchain and AI.

Procurement 52

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

Supply Chain Game Changer

OCTOBER 28, 2021

Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. This is an exciting time to be a procurement practitioner, as well as a vendor of ProcureTech solutions. Change must be managed.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Zycus Cognitive Procurement

DECEMBER 1, 2020

AI solutions have already become a reality, and they are considered the game-changer in the market. Now, one can embed AI in almost all the software solutions, from contract management to spend management and strategic sourcing. Replaces cumbersome and inaccurate OCR solutions.

Purchase orders 40

Purchase orders Strategic sourcing Strategic sourcing Contract management 40

Supply Chain Game Changer

APRIL 15, 2020

As the world around us continues to put the pedal to the metal within the digitalization of business solutions, procurement can’t decide to slow down for every speed bump. While it may seem simple, or mundane, benchmarking the digital solutions on the market should be the first step to any kind of digitalization. Benchmarking.

Procurement 90

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 90

Empowering CPO

JULY 17, 2023

But what happens when businesses lack the resources, expertise, or time to manage procurement effectively? This is where managed procurement services come into play. Managed procurement services , a game-changer in the industry, provide a comprehensive solution for businesses that need to improve their procurement operations.

Management 52

Management Procurement Vendor relationships Supply Chain Efficiency 52

Empowering CPO

JULY 5, 2023

Introduction Welcome to our exploration of a fascinating convergence shaping the future of business operations: the intersection of technology and managed procurement services. Before we dive in, let’s first set the stage by discussing EmpoweringCPO, a leader in the field of managed procurement services.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Real-time Visibility 52

Procurement Heads

JANUARY 4, 2023

Even at that point blue chip corporations recognised the value of procurement and understood that when you’ve got substantial third-party spend, it’s important to use strategic sourcing approaches. As a Buyer at British Airways, I bought a range of different categories from engineering spares to airport services.

Supply Chain Efficiency 246

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Suppliers 246

Una

JUNE 15, 2023

10 Procurement Outsourcing Services Explore ten procurement outsourcing services available to help your sourcing function save more money, time, and effort. The CPO is supported by strategic sourcing managers, category managers, buyers, analysts, contract managers, a compliance officer, an SRM manager, and others as new roles emerge.

Procurement 52

Procurement Supplier relationship management Procurement team Contract 52