Spend Matters

APRIL 4, 2024

Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. In this quarter, the Spend Matters analyst team builds on this foundation by giving an overview of how vendors have implemented GenAI in their solutions.

Procurement 84

Procurement Risk management Raw materials supply chain software solutions 84

Spend Matters

JANUARY 5, 2024

Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. A collection of these quick takes, conference insights and solution comparisons is below. Read part 1 here , part 2 here and part 3 here.

e2e 79

e2e Procurement supply chain software solutions Contract 79

World of Procurement blog

AUGUST 10, 2021

Typically, you'd issue one of these: Request For Information (RFI) Request For Quotation (RFQ) Request for Proposal (RFP) Did you know that there are some major differences between an RFI, RFQ and RFP. You, as a Procurement Pro really need to know what the end goal is before you choose to go for one of these - RFI, RFQ or RFP.

Procurement 52

Procurement Suppliers supply chain software solutions Price 52

Procurement Software

APRIL 2, 2024

But often, those who aren’t familiar with the procurement software market mistakenly overestimate the cost. You don’t need a 6-figure software budget or a large sum to hire consultants for implementation. There’s plenty of digital procurement solutions out there for every budget.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

Planergy

OCTOBER 20, 2022

RFI, RFP, RFQ, ROI, RFT: What’s the Difference? In this blog post, we’ll break down the meaning of five commonly used procurement acronyms: RFI, RFP, RFQ, ROI, and RFT. RFI: Request for Information. An RFI is issued when a procuring organization wants more general information about a potential vendor or solution.

Buyers 52

Buyers Supply Chain Efficiency Suppliers Price 52

Procurement Software

APRIL 25, 2023

Therefore, now is the time for all businesses to embrace the benefits of digital procurement software. Until a few years ago, this lack of investment was reflected in the choice of digital procurement solutions available. Today, a new wave of targeted, best-of-breed solutions is emerging. So what went wrong?

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility supply chain budgeting 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. Also, we’ll review to what extent some software suites can cover both S2C and S2P solutions. S2C is an “upstream” procurement process.

Sourcing 59

Sourcing Contract Competitive bidding Bidding 59

Procurement Software

FEBRUARY 20, 2024

European procurement software startups are growing fast, and we’re constantly seeing new ones landing onto the scene. If you want to search the whole range of procurement tech companies out there beyond just startups, then check our our free software directory. Procuretech in Europe is buzzing right now.

Supply Chain Efficiency 59

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

Arkestro

JUNE 6, 2022

Spend Matters has previously lauded Arkestro as being a “Provider to Watch,” a “Provider to Know,” and a “Future 5” solution. Spend Matters’ SolutionMap is widely regarded as the most rigorous, data-focused functionality assessment of procurement solutions. Not made baseless assumptions about how the software operated.

supply chain software solutions 52

supply chain software solutions Supplier negotiation Bidding Procurement 52

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

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. How do you define an SME? Source-to-Contract (S2C) 1.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Procurement Software

FEBRUARY 27, 2024

But perhaps you don’t really understand how that impacts your sourcing decision when seeking out the best procurement software for your organisation. Source-to-pay software handles everything from the sourcing process, right the way up to invoice payment. This also depends on the age of the software and its front end UI.

Sourcing 52

Sourcing Contract management Price Procurement 52

Procurement Software

JULY 25, 2023

We can help you gain initial clarity on the breadth of solutions on the market. Plus, we can also perform the entire end-to-end research, due diligence and hold your hand during the sourcing process for your procurement software. What is inspiring you to implement a digital solution? How do you see the end of the process?

Procurement 52

Procurement Budget Data Suppliers 52

Procurement Software

MARCH 7, 2023

There are an increasing number of P2P and S2P technology solutions providers on the market. Key advantages of using Procure-to-Pay and Source-to-Pay technology Hard Cost Savings Value Drivers Possible Disadvantages of using P2P and S2P software Can you combine P2P and S2P in procurement software? What is P2P in procurement?

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

Una

SEPTEMBER 22, 2022

These factors are especially crucial when it comes to procuring the right technology solutions for your business. IT procurement can quickly become overwhelming and cumbersome due to the sheer volume of tech vendors and IT solutions available for any given task or function. Download Full Guide to IT Procurement. Look Beyond Cost.

Procurement 98

Procurement Real-time Visibility Contract Purchasing 98

Spend Matters

JUNE 19, 2023

Spend Matters is featuring the top 5 digital capabilities of different procurement technologies and what functionality you can expect from average and top performing solutions, leveraging its SolutionMap dataset. What does a Spend Analytics solution do? Click to enlarge Exploring the actual market state of the top 5 capabilities 1.

Real-time Visibility 79

Real-time Visibility Data e2e Quality 79

Procurement Software

DECEMBER 5, 2022

There are an increasing number of P2P and S2P technology solutions providers on the market. Possible Disadvantages of using P2P and S2P software. Can you combine P2P and S2P in procurement software? What’s the best S2P or P2P software for mid-market and SMEs? Table of Contents. What is P2P in procurement?

Sourcing 52

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 52

The Procuretech Podcast

NOVEMBER 2, 2021

My aim is to bring content out there to Procurement Leaders outside of Fortune 500 companies and to shine light on solutions that are a fit for regular, mid-market businesses. They're part of a wider directory of digital procurement solutions housed on the Spend Matters called the Spend Matters Almanac. The 50 To Know.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Procurement solutions Procurement 40

The Procuretech Podcast

JUNE 10, 2020

We've often spoken about different software solutions and certain, specific areas of the Procurement flight deck which can be automated or digitised. With all of the market intelligence out there, is there a still a need to do an RFI? With all of the market intelligence out there, is there a still a need to do an RFI?

Procurement 40

Procurement Contract Project management Buyers 40

Procurement Software

MARCH 11, 2022

Their focus on procurement software solutions began in earnest in 2014, when they first published the 50 To Know and 50 To Watch lists. The Spend Matters Almanac and Solution Map. The Spend Matters Almanac is a wider directory of procurement software companies. This is an interactive Solutions Finder.

supply chain software solutions 52

supply chain software solutions Agile and Lean Supply Chain Procurement Supply Chain Efficiency 52

Procurement Software

MARCH 11, 2022

Their focus on procurement software solutions began in earnest in 2014, when they first published the 50 To Know and 50 To Watch lists. The Spend Matters Almanac and Solution Map. The Spend Matters Almanac is a wider directory of procurement software companies. This is an interactive Solutions Finder.

supply chain software solutions 52

supply chain software solutions Agile and Lean Supply Chain Procurement Supply Chain Efficiency 52

SCMDOJO

APRIL 3, 2022

Online bidding appears to be a magic bullet for lowering prices rapidly while utilizing e-business solutions. . These reductions are substantiated by eAuctions software providers Cimmra. RFI Vs RFP Vs RFQ – What are The Key Differences? 5 Things that Highlight the Value of Reverse Auction Software. Newsletter signup.

Supply Chain Efficiency 138

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 138

Pipefy

JANUARY 11, 2023

VRM refers to both the communication and effort it takes to build these relationships, as well as the tools (usually software) it takes to sustain the relationship and manage interactions. Most businesses rely on software tools to manage the communications and information that yield these benefits. RFI, RFP, and RFQ processes.

Vendor relationships 59

Vendor relationships Management Procurement team Vendor management 59

Pipefy

JANUARY 5, 2023

Digital procurement means letting go of manual data entry, paperwork, and complex request management and instead opting to use software that streamlines procurement through integration and automation. For example: the ERP system, SAP, Netsuite, and other finance software. The first choice will be the software type. The reason?

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

Market Dojo

DECEMBER 14, 2017

Market Dojo’s latest release brings the ability to share data seamlessly with other solutions via what is known as an API. The first integration has been achieved with Per Angusta on the back of two significant client wins, proving the appetite in the market for best-of-breed integrated solutions versus single-source suites.

Bidding 40

Bidding Data Sourcing Negotiation 40

Pipefy

JANUARY 31, 2023

This type of approval is usually completed through the use of software. If an approval is processed automatically, it’s usually because the purchase request can be evaluated based on rules or conditionals defined in the software. These are typically recurring or regular expenses that do not pose risks to the business.

Purchasing 52

Purchasing Purchase orders Real-time Visibility e2e 52

ivalua

MARCH 9, 2023

An RFI/RFP is issued and suppliers provide their responses, one or more is selected and awarded business. Spend under management: S2P software can help procurement teams better manage the percentage of company spend that is under contract and under management. Sourcing: Where Procurement often creates value first.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130