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. It is exactly the kind of challenge that VORTAL addresses.

Procurement solutions 100

Procurement solutions Sourcing Procurement Market analysis 100

ivalua

OCTOBER 4, 2021

Wide-ranging digital procurement transformation will streamline Crelan’s sourcing processes . Redwood City, CA, 4th October, 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Crelan, a cooperative Belgian bank, has selected its platform to digitize the entire source-to-contract process.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supplier relationship management 130

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

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. We look forward to accelerating our procurement digitalization journey with Ivalua”.

Contract 130

Contract Suppliers Supply Chain Efficiency Sourcing 130

ivalua

SEPTEMBER 20, 2021

Rapid Optimization of Contract Management, Supplier Management and Direct Materials Sourcing. This deployment is another significant step forward in the digital transformation of their overall supply chain processes, a journey that started last year with the successful rollout of Ivalua Sourcing solution for direct materials. .

Contract 130

Contract Collaboration Sourcing Contract management 130

Una

MARCH 23, 2023

Pain Points in Procurement Series Improving Time-to-Source in Procurement Improving time-to-source in procurement can lead to greater customer satisfaction, streamlined sourcing processes, and increased cost savings. By Hugo Britt | March 23, 2023 Search Welcome to Una’s Pain Points in Procurement series.

Sourcing 98

Sourcing Procurement Procurement team Contract 98

Spend Matters

NOVEMBER 1, 2023

This Spend Matters Vendor Analysis provides an overview of CobbleStone Software and its sourcing, contract lifecycle management (CLM) and e-procurement solution. CobbleStone is a no-code solution that over 1,000 companies have chosen in its 25+ years. Its AI system, VIDSOM®, is present throughout its modules.

Procurement solutions 88

Procurement solutions Contract Sourcing Procurement 88

ivalua

NOVEMBER 10, 2020

Innovating to Uncover New Sources of Revenue in the Public Sector. Step 1: Use eProcurement Systems as a Potential Source of Revenue. Thinking of procurement as a new source of revenue is certainly counterintuitive, but it fits the bill of thinking differently. The Public Sector is no exception.

Sourcing 130

Sourcing Eprocurement Real-time Visibility Contract 130

ivalua

APRIL 1, 2020

Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. has gone live with Ivalua’s Source to Contract solution. Intalere required a fast, efficient and automated source-to-contract process to support the company’s enterprise goals.

Contract 147

Contract Sourcing Supply Chain Efficiency Supply chain 147

ivalua

APRIL 1, 2020

Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. has gone live with Ivalua’s Source to Contract solution. Intalere required a fast, efficient and automated source-to-contract process to support the company’s enterprise goals.

Contract 130

Contract Sourcing Supply Chain Efficiency Supply chain 130

Spend Matters

AUGUST 28, 2023

In this Spend Matters Vendor Analysis Update, we give an updated overview of Zivio, a solution that helps organizations (buying organizations and MSPs) manage sourcing for complex services categories, such as legal, marketing or facilities management. This content is for members only. Visit the site and log in/register to read.

e2e 85

e2e Sourcing Real-time Visibility Procurement team 85

ivalua

FEBRUARY 4, 2021

Créer de la valeur durablement tout au long du processus Source-to-Contract. Le processus source-to-contract est le moment où le décideur Achats identifie et crée de la valeur pour son organisation. Rejoignez cette session pour en savoir plus sur : L’exécution de projets de sourcing et RFX efficaces.

Contract 100

Contract Sourcing 100

Una

NOVEMBER 1, 2022

Benefits of Strategic Sourcing and Best Practices. Procurement professionals are abandoning traditional sourcing practices in favor of more responsive strategies to supply chain management in pursuit of more significant cost savings and organizational efficiencies. Strategic sourcing best practices.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Cost of ownership 98

Procurement Insights

FEBRUARY 1, 2024

The Dawn of Integrated Source-to-Pay Suites The release of Gartner’s first integrated Source-to-Pay (S2P) Magic Quadrant marks a pivotal moment in procurement technology. Fragmented workflows, scattered supplier information, and lack of full source-to-payment traceability are no longer acceptable.

Sourcing 69

Sourcing e2e Spend management Leadership 69

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 83

Procurement Risk management Raw materials supply chain software solutions 83

Spend Matters

FEBRUARY 8, 2023

Categories: Procurement Systems & Architecture , Sourcing Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of DeepStream and its solution for e-sourcing, which covers the entire Source-to-Contract (S2C) process. DeepStream was created to address these everyday pain points. Read more. )

Sourcing 64

Sourcing Buyers Procurement strategies Procurement 64

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. At its core, strategic sourcing formalizes the process of finding, assessing, and choosing suppliers.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Spend Matters

NOVEMBER 2, 2022

Categories: E-Sourcing , Procurement Systems & Architecture , Sourcing , Strategic Sourcing Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Globality and its services sourcing solution. Globality’s solution uses AI technology to implement a self-service approach to services procurement.

Sourcing 78

Sourcing Strategic sourcing Strategic sourcing Ethics 78

ivalua

MARCH 11, 2020

Companies will face a variety of short and long-term challenges, such as balancing the effects of downward prices, output cuts, movement of demand to alternative energy sources, heavy capital investment for new capacity, complex government regulations and rising operating costs. Improve control. Increase efficiency. Lower risk. Enable growth.

Sourcing 130

Sourcing Procurement team Price Risk 130

Zycus Cognitive Procurement

JANUARY 16, 2023

You must have found yourself struggling with limited visibility into preferred or contracted suppliers, contract utilization status, budgeting issues, and multiple requirements for sourcing low dollar items or services. They have to match the Purchase Requisition with the underlying contracts and quotations .

Sourcing 52

Sourcing Real-time Visibility Procurement Buyers 52

ivalua

FEBRUARY 27, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which provide procurement with the tools needed to maximize the value they get from their supplier relationships, automate and streamline processes, and identify opportunities for cost savings. While inflation has eased from 9.1% last June to 6.5%

Real-time Visibility 130

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

ivalua

NOVEMBER 27, 2019

So what does “good” strategic sourcing look like? The primary difference between Strategic Sourcing and “good” Strategic Sourcing is contextualized flexibility. Procurement must be able to apply the general principals of Strategic Sourcing in a way specific enough to maximize the value of each spend category.

Strategic sourcing 147

Strategic sourcing Strategic sourcing Sourcing Suppliers 147

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

Procurement Templates

APRIL 15, 2024

Technology Assessment: Evaluate current procurement technology solutions and identify opportunities for automation and digitization. Technology Assessment: Evaluate current procurement technology solutions and identify opportunities for automation and digitization.

Procurement team 130

Procurement team Contract management Innovation Suppliers 130

Spend Matters

MARCH 5, 2024

Today Spend Matters is delighted to announce the release of its Spring 2024 SolutionMap and TechMatch℠ procurement technology rankings, which include 79 procurement technology vendors. Our Spring 2024 SolutionMap results are testimony to how vendors are stepping up to the challenges of a volatile business environment.

Procurement 108

Procurement Sourcing Risk management Ethics 108

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

FEBRUARY 7, 2024

It was created in response to the growing need for organizations to streamline and improve their procurement operations through the adoption of digital solutions. The post Mercanis: Vendor Analysis — S2C solution overview, competitors, user considerations, analyst summary appeared first on Spend Matters.

Sourcing 84

Sourcing Buyers Contract Suppliers 84

Spend Matters

OCTOBER 4, 2023

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.

Procurement 90

Procurement e2e Contract Sourcing 90

ivalua

FEBRUARY 8, 2023

As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these. Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay.

Supply chain resilience 242

Supply chain resilience Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 242

Arkestro

APRIL 25, 2023

Resources / Blog / Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Construction companies face a host of challenges in the post-COVID era. from February 2020 to August 2022.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing supply chain budgeting Real-time Visibility 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

NOVEMBER 15, 2023

At the event, the provider revealed several new solution features, including a relatively robust sourcing module. New features announced at Zip Forward In addition to the AI-based features it unveiled last month , Zip also introduced its new sourcing module. This sentiment was echoed by several speakers throughout the day.

Sourcing 90

Sourcing Contract Inventory Procurement 90

Procurement Tactics

JANUARY 12, 2023

It often entails that you work under contract. In procurement, many companies freelance procurement professionals to support or help them optimize their sourcing and procurement processes. The duties of a procurement analyst may include meeting with suppliers, testing products, making cost reports, and negotiating supply contracts. .

Procurement 187

Procurement Raw materials Sourcing Suppliers 187

Procurement Tactics

DECEMBER 26, 2022

Setting the appropriate strategy in procurement is the first step to improving control and effectiveness of the overall procurement and sourcing activities. Thus, being more suited to ever-changing technologies, such as digital solutions. . Thus, a call to companies to co-create an innovative solution alongside clinicians commenced. .

Procurement strategies 267

Procurement strategies Strategy Procurement Bidding 267

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 on to learn more.

Contract management 74

Contract management Contract Sourcing Suppliers 74

Future Purchasing

OCTOBER 4, 2022

Value is usually secured via three implementation routes – internal business change, supplier management and sourcing. In contrast, strategic sourcing is the process used by Procurement teams to source products and services for the business. Data gathering focuses on spend analysis and supply market research.

Category management 59

Category management Strategic sourcing Strategic sourcing Sourcing 59

Zycus Cognitive Procurement

JANUARY 12, 2021

What is Source to contract? Source to contract (S2C) refers to the set of procurement processes that come into play while sourcing a product or service. How is Source to contract affected during a crisis? How is Source to contract affected during a crisis? 2] Collaborative Sourcing.

Contract 52

Contract Sourcing Chief Procurement Officer Contract management 52