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The 25 Hottest US Procurement Startups

Procurement Software

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. Raindrop has also been recognised as a cloud-enabled procurement focused Contract Lifecycle Management (CLM) application. FRDM FRDM is a software company specialising in supply chain risk management.

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Episode 137: Using Visibility to Combat Supply Chain Abstraction with Frank Kenney

Una

EPISODE 137 Using Visibility to Combat Supply Chain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.

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Procure-to-Pay (P2P) vs. Source-to-Pay (S2P)

Procurement Software

Improvements to end-to-end supply chain efficiency. These must be taken into account in order to save time and reduce costs. End-to-end supply chain visibility ensures more synergy in cooperation. The graphic below show how P2P process sits within the entire S2P procurement flow.

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Procure-to-Pay (P2P) vs. Source-to-Pay (S2P)

Procurement Software

Improvements to end-to-end supply chain efficiency. These must be taken into account in order to save time and reduce costs. Nonetheless, these are the main advantages of using P2P and S2P software: Hard Cost Savings (H3). Reduction in maverick spend (H4).