Spend Matters

MARCH 11, 2024

In this Spend Matters Vendor Analysis we provide an overview of VORTAL and its source-to-pay (S2P) solution. To overcome these challenges organizations often look for a technology solution that offers automation, centralized data management and streamlined workflows. This content is for members only.

Procurement solutions 100

Procurement solutions Sourcing Procurement Market analysis 100

ivalua

DECEMBER 7, 2022

Ivalua, a global leader in spend management , today announced that bol.com, the largest online retailer in the Netherlands and Belgium, has selected Ivalua’s solution to digitalize its indirect Source-to-Contract (S2C) processes. Ivalua is a leading provider of cloud-based Spend Management software. About Ivalua.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Contract Sourcing 130

World of Procurement blog

APRIL 23, 2024

It's a multifaceted process, involving the acquisition of goods, services, or works from an external source, ensuring the best possible value for the company. Central to this process are procurement contracts, which legally bind the terms of these acquisitions. Effective negotiation skills can significantly improve contract terms.

Procurement contracts 52

Procurement contracts Contract Procurement Negotiation 52

World of Procurement blog

APRIL 23, 2024

It's a multifaceted process, involving the acquisition of goods, services, or works from an external source, ensuring the best possible value for the company. Central to this process are procurement contracts, which legally bind the terms of these acquisitions. Effective negotiation skills can significantly improve contract terms.

Procurement contracts 52

Procurement contracts Contract Procurement Negotiation 52

ivalua

APRIL 25, 2023

Ivalua, a global leader in spend management , and KPMG Norway today announced that Aker BP has gone live with Ivalua’s S2C and Supplier Relationship and Risk Management (SRM) solutions to streamline its direct and indirect procurement operations. About Ivalua Ivalua is a leading provider of cloud-based Spend Management software.

Contract 130

Contract Suppliers Supply Chain Efficiency Sourcing 130

Spend Matters

MARCH 1, 2023

Categories: Contract Management , E-Sourcing , Procurement Systems & Architecture , Solution Providers , Technology Tags: PRO This addendum to the Spend Matters PRO Vendor Analysis for Raindrop and its source-to-pay (S2P) solution notes its newest capabilities and growth as of early 2023. Read more. )

Contract management 74

Contract management Contract Sourcing Suppliers 74

Spend Matters

APRIL 5, 2023

Categories: Contract Management , Procurement Systems & Architecture , Solution Providers , Source-to-Contract Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Spendflo and its solution for SaaS procurement and management. Read more. )

e2e 78

e2e Management Buyers Contract 78

Procurement Templates

MARCH 3, 2024

I asked my assistant to help me mock up a strategic sourcing framework and she did a fairly good job but made a few mistakes. By the way, when doing sourcing preparations it doesn’t mean that you can’t work on multiple parts at once and go back and forth before the tender is issued but there is a typical order.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Procurement Tactics

JUNE 28, 2023

Procurement Tracking is the process of monitoring and managing procurement activities. It enables managers and businesses to minimize costs, prevent and mitigate risks, and essentially identify issues and problems early on in 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

Spend Matters

JANUARY 16, 2023

Categories: Analytics , Contract Management , Procurement Systems & Architecture Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of the software as a service (SaaS) management solution provider Tropic and its SaaS sourcing and procurement platform. Read more. )

Procurement solutions 71

Procurement solutions Contract management Procurement Market knowledge 71

IBM Supply Chain Blog

FEBRUARY 28, 2024

Sourcing is getting smarter. To start, many organizations have already pivoted from a tactical to a strategic sourcing mindset—which can make all the difference when it comes to gaining and retaining a competitive advantage. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation.

Sourcing 105

Sourcing Strategy Supply Chain Efficiency e2e 105

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management 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.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

World of Procurement blog

APRIL 23, 2024

This comprehensive guide explores the realm of procurement technology, detailing its types, uses, benefits, and the transition from traditional methods to sophisticated tech solutions. Sourcing Software: Helps companies find and acquire goods and services by managing RFQs (Request for Quotations) and bidding processes.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Purchase orders 52

Procurement Software

APRIL 2, 2024

There’s plenty of digital procurement solutions out there for every budget. Digital procurement tools: What can you get for your budget What can different amounts of money buy in terms of different procurement tech applications and solutions that are out there? Sourcing Easy to use, e-sourcing RFP / RFQ tool with modern interface.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

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. We then look ahead to what members can expect in the coming months.

e2e 78

e2e Procurement supply chain software solutions Contract 78

Procurement Heads

JUNE 6, 2023

This involves overseeing various service offerings, such as our Sourcing Solution team, which supports multiple councils in executing their procurement activities. This involves overseeing various service offerings, such as our Sourcing Solution team, which supports multiple councils in executing their procurement activities.

Contract management 130

Contract management Contract Supply Chain Efficiency Procurement 130

Spend Matters

DECEMBER 21, 2023

We are highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them. Generative AI, in particular, offers transformative potential in optimizing source-to-pay processes.

Procurement solutions 84

Procurement solutions Procurement e2e Real-time Visibility 84

Spend Matters

JANUARY 25, 2023

Categories: Procurement Systems & Architecture , Source-to-Contract Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of oboloo and its source-to-contract (S2C) solution. The solution is designed to deliver key information throughout the procurement process with minimal effort.

Contract 74

Contract Buyers Contract management Sourcing 74

Spend Matters

JULY 10, 2023

This Spend Matters Vendor Analysis provides an overview of Proactis and its solution for source-to-pay (S2P). The complexity of S2P with its use of multiple systems to address each aspect it covers, manual processes, data quality issues and process variations can make managing the end-to-end process difficult.

Market analysis 85

Market analysis e2e Contract management Spend management 85

ivalua

OCTOBER 28, 2022

Total estimated infrastructure bill allocations: Source. This bill sends plenty of money to the state and local governments–but along with these allocations comes solicitations, procurements, contracts, deadlines, reporting requirements, and other overhead. Why is modernizing these processes and tools so important? .

Bidding 130

Bidding Procurement Procurement team Procurement solutions 130

World of Procurement blog

APRIL 23, 2024

Supply Chain Management (SCM) Software SCM software offers a comprehensive view of the supply chain, enabling companies to manage logistics, production, and distribution more effectively. Spend analysis enables informed decision-making and strategic sourcing. 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

Supply Chain Management (SCM) Software SCM software offers a comprehensive view of the supply chain, enabling companies to manage logistics, production, and distribution more effectively. Spend analysis enables informed decision-making and strategic sourcing. They also facilitate quicker contract retrieval and revision.

Supply Chain Efficiency 52

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

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. In this article, our analyst Nikhil Gaur looks at contract lifecycle management (CLM) platforms.

Contract 89

Contract Management Negotiation Real-time Visibility 89

Procurement Tactics

AUGUST 24, 2022

Improved contract terms. It makes sense when the organization wants to concentrate on its core competencies or when a function is proven to be difficult to manage. It makes sense when the organization wants to concentrate on its core competencies or when a function is proven to be difficult to manage. Editor's note: Hi there!

Networking 130

Networking Suppliers Buyers supply chain budgeting 130

Arkestro

MARCH 27, 2024

Regardless of industry, procurement buyers fulfill their role by finding the best suppliers, negotiating contracts, and identifying the most cost-effective, timely procurement of goods. The best procurement buyers have a solid understanding of market trends, supplier performance, and ethical sourcing. What does a procurement buyer do?

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

Spend Matters

APRIL 19, 2023

Categories: eProcurement / Procurement , Procurement Systems & Architecture , Sourcing Tags: PRO Public sector industries are certainly a different beast from their private sector cousins, and information technology is no exception. Its solutions follow best public sector practices and are integrated when initially implemented.

Market analysis 65

Market analysis Sourcing Eprocurement Procurement 65

World of Procurement blog

APRIL 23, 2024

Enter Procurement Software, a transformative suite of tools designed to streamline purchasing activities and supply chain management. Procurement Software, also known as e-procurement software, is a digital solution that automates the process of acquiring goods and services.

supply chain software solutions 52

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

World of Procurement blog

APRIL 23, 2024

Enter Procurement Software, a transformative suite of tools designed to streamline purchasing activities and supply chain management. Procurement Software, also known as e-procurement software, is a digital solution that automates the process of acquiring goods and services.

supply chain software solutions 52

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

Bonfire

APRIL 3, 2023

Limited supplier reach: ERP systems don’t go far enough when it comes to reaching and managing suppliers. There’s often little visibility into supplier performance and risk, limited supplier collaboration and communication, and little or no ability to manage supplier contracts and agreements.

Eprocurement 52

Eprocurement Bidding Strategic sourcing Strategic sourcing 52

IBM Supply Chain Blog

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. And from that group, 71% would pay a premium for it.

Strategic sourcing 86

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 86

Procurement Software

MARCH 19, 2024

Generative AI’s current impact in procurement is best illustrated by tech-savvy procurement category managers leveraging apps like ChatGPT and Bard to streamline the execution of routine tasks. Or else, you sigh and roll your eyes, thinking it’s just the latest hype cycle. There’s a valid argument both ways, but one thing is for sure.

Procurement 52

Procurement Category management supply chain software solutions Data 52

ivalua

OCTOBER 29, 2019

If they needed contract management, they put a contract management system in place. If they needed an ERP system or a workforce management system, they would define their requirements and either select a system to implement or build their own. . Technology has changed significantly over the last decade.

e2e 145

e2e Bidding Contract management Contract 145

Spend Matters

OCTOBER 19, 2023

For that reason, Spend Matters analysts make it their mission to scour the market to find those new solution providers that can fulfil a very specialist role to fulfill the procurement needs of today. In an ever-crowded space it’s hard for those who rely on these platforms and systems to keep ahead of the latest developments. What is dSilo?

e2e 97

e2e Contract Contract management Procurement 97

CPO Rising

MAY 2, 2022

The Source-to-Pay process can be divided into two sub-process areas, what happens before and after a supplier contract is executed. Procurement departments can use contract management solutions to provide significant value in each area.

Contract 40

Contract Contract management Risk Sourcing 40

ivalua

JUNE 16, 2021

What’s more, PwC found that the average investment in risk management among MENA companies was $1.5 As MENA organizations continue to move aggressively toward digital transformation, many are adopting eProcurement platforms, to digitize and automate routine, time-consuming tasks throughout the source-to-pay process.

Eprocurement 130

Eprocurement Supply Chain Optimization Agile and Lean Supply Chain Procurement team 130

Procurement Software

APRIL 23, 2024

There are plenty of affordable spend analytics solutions on the market who cater to mid-market businesses. 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.

supply chain software solutions 52

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

Empowering CPO

JULY 2, 2023

Introduction Welcome to our latest discussion on a crucial facet of business operations: Managed Procurement Services. If you’re new to the term, Managed Procurement Services refers to the outsourcing of a company’s procurement functions to a specialized firm.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40