Spend Matters

DECEMBER 11, 2023

In no order of preference, other than by the date they arrived in our inbox, today let’s hear from: Donna Wilczek, EVP Strategy and Innovation at Coupa , spend management suite provider and one of Spend Matters 50 Procurement Providers to Know.

Procurement solutions 75

Procurement solutions Procurement supply chain budgeting Supply Chain Optimization 75

ivalua

MAY 9, 2023

Ivalua Spend Management Insights [ivory-search] Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study May 9, 2023 | | Innovation by Alex Saric In today’s age of uncertainty, procurement departments are under tremendous pressure. Ensuring supply continuity requires timely and open sharing of information.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Procurement Collaboration Supply Chain Efficiency 130

ivalua

MARCH 17, 2021

Office of Management and Budget (OMB) estimates federal grants to states and local governments in FY2019 totaled nearly three quarters of a trillion dollars. To put that in perspective, the US GDP that year was just over $21 trillion and federal spend was $4.4 trillion, making grants roughly 17% of the total federal budget. .

Supply Chain Efficiency 130

Supply Chain Efficiency Management supply chain budgeting Budget 130

ivalua

MARCH 5, 2020

Another major development in terms of the future Procurement role is the increasing importance of the agenda around sustainability and purposeful business, which again has relevance to the collaboration imperative. . Then, as often happens these days, the questions took us back onto sustainable Procurement or “Procurement with purpose”.

Collaboration 130

Collaboration Agile and Lean Supply Chain Procurement supply chain budgeting 130

ivalua

AUGUST 29, 2019

Procurement is perfectly placed to help manage this growing risk landscape, support innovation and create sustainable cost savings. Purchasing (45%), invoicing (41%) and budget management (39%) are the most digitised processes to date. Two-thirds of businesses still reliant on manual and paper-based processes .

Procurement 164

Procurement supply chain budgeting Procurement team Supply chain 164

Spend Matters

NOVEMBER 2, 2023

Travel and Expense management leveraging SAP Concur is an easy plug in for travel spend management and all spend flowing through expense reporting. Supplier evaluation within sourcing and supplier management applications that ingest various ESG and risk feeds from internal S2P data, adjacent SAP apps (e.g.,

Networking 89

Networking Spend management Suppliers Supply Chain Optimization 89

Una

OCTOBER 25, 2022

Procurement professionals are now celebrated for their innovation, creativity, agility, and cost-saving initiatives. And let’s not forget the crucial role they play in driving diversity and sustainability within the supply chain. Reducing suppliers also helps mitigate risk throughout the supply chain.

Supply Chain Efficiency 105

Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” But cost reduction is no longer sufficient.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Procurement 130

Planergy

MARCH 2, 2023

Tail spend analysis helps companies identify areas of spend that are falling through the cracks, allowing them to make more informed decisions and achieve greater savings. Introduction To Tail Spend Analysis Tail spend analysis examines a company’s spending patterns and identifies opportunities to reduce costs and improve efficiency.

supply chain budgeting 52

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

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. It involves optimizing procurement processes and reducing costs while maintaining the quality of goods and services.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Procurement Software

APRIL 23, 2024

-based company, offers a self-service spend analysis software that revolutionises the way businesses manage and analyse their spending. Ideal for those seeking immediate insights into their procurement processes, Spendata provides a robust yet user-friendly solution that enhances spending visibility and operational efficiency.

supply chain software solutions 52

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

Procurement Insights

DECEMBER 6, 2023

” Here is the first post on Zycus – “ Doing What Comes Naturally: Accessing Zycus Spend Management Innovation Through A Simplified and Practical User Interface (Zycus Inc. Ensuring they are best placed to reduce costs, manage risk and increase their efficiency, helping to maximise margins.”

Raw materials 62

Raw materials Price supply chain budgeting Supply Chain Efficiency 62

Una

JANUARY 8, 2024

The concept is fundamental to sustainable growth, competitive advantage, and long-term success. Why does procurement need to move beyond cost-cutting to value creation? You snag a bunch of budget-friendly printers without considering the long game. Not to mention, they're guzzlers, and your fuel budget is through the roof.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Agile and Lean Supply Chain Purchasing 52

ivalua

APRIL 28, 2023

Ivalua Spend Management Insights [ivory-search] Payment Cards FAQ: More Cash Rewards, Less Effort April 28, 2023 | | Innovation by Steve Carter Unlock your Payment Solution Organizations are rethinking their traditional payment methods as they seek to maximize savings while securely streamlining the invoicing process.

Innovation 130

Innovation Purchasing supply chain budgeting Contract 130

Procurement Software

MARCH 5, 2024

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.

Real-time Visibility 52

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

Planergy

AUGUST 16, 2022

Supplier development is an important part of a company’s overall supply chain management strategy and is essential for ensuring that the right suppliers are selected to deliver quality products and services. The goal of these teams is to work with suppliers to identify ways to reduce costs and improve quality.

Suppliers 52

Suppliers Management supply chain budgeting Supplier relationship management 52

Procurement Software

FEBRUARY 20, 2024

The platform aims to provide a one stop solution for sustainable insights. Weproc Weproc is a small French company offering a SaaS eProcurement software with a focus on purchasing and spend management. Weproc aims to facilitate the management of Purchase Orders and invoices through a simple and efficient interface.

Supply Chain Efficiency 59

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

Zycus Cognitive Procurement

JANUARY 24, 2023

As per the experts “ PLAN for 2023 requires a synergy between people, process and technology aspects.” Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Una

JANUARY 4, 2023

While cost savings is likely at the forefront of any procurement initiative, the profession continues to evolve with more focus than ever being placed on risk reduction, sustainability, strengthening supplier relationships, compliance and business continuity. Benefits of working with a group purchasing organization.

Purchasing 92

Purchasing supply chain budgeting Procurement strategies Contract 92

Empowering CPO

JUNE 26, 2023

Spend analysis refers to the process of examining and categorizing an organization’s spending patterns, supplier relationships, and purchasing behavior to identify opportunities for cost reduction, process improvement, and strategic decision-making. Benefits of Implementing Spend Analysis in Healthcare A.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

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. By proactively addressing risks, organizations can safeguard their supply chains and drive efficiencies.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Planergy

JANUARY 12, 2023

As a procurement professional, you know how important it is to have a reliable and cost-effective supply chain. One way to ensure that your supply chain runs smoothly is by utilizing supplier tiering. Supplier tiering also helps reduce costs by eliminating inefficient or unnecessary processes in the supply chain.

Suppliers 52

Suppliers Supply Chain Efficiency Raw materials supply chain budgeting 52

Empowering CPO

JUNE 25, 2023

These systems streamlined the procurement process, improving efficiency and reducing costs. Globalization has made supply chains more complex and harder to manage. Furthermore, businesses are under constant pressure to reduce costs without compromising on quality or service.

Procurement 52

Procurement supply chain budgeting Real-time Visibility Supply Chain Efficiency 52

Empowering CPO

JUNE 22, 2023

It not only helps businesses to reduce costs and increase efficiency, but also strengthens supplier relationships, and enhances value creation. The answer lies in the powerful tool of spend analysis. This active management of costs directly translates into improved bottom-line performance.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Procurify

JULY 20, 2022

Before, purchasing managers often prioritized spend management. Although this is still an important part of their job, strictly working with low-cost suppliers isn’t always the best way to manage spending. Companies that adapt to supply chain volatility can swim against the tide. .

Purchasing 52

Purchasing Management Supply Chain Efficiency supply chain software solutions 52

Empowering CPO

JULY 17, 2023

Companies, regardless of size and industry, need to source goods and services efficiently, cost-effectively, and with an eye toward sustainability and social responsibility. These challenges can put considerable pressure on procurement teams, leading to inefficiencies, cost overruns, and missed opportunities.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Supply Chain Optimization 52

Empowering CPO

JULY 17, 2023

Companies, regardless of size and industry, need to source goods and services efficiently, cost-effectively, and with an eye towards sustainability and social responsibility. These challenges can put considerable pressure on procurement teams, leading to inefficiencies, cost overruns, and missed opportunities.

Procurement 40

Procurement Management Supply Chain Efficiency Real-time Visibility 40

Procurement Software

MARCH 7, 2023

It enables: Building stronger relationships with your key suppliers Competitive bidding, which optimises cost Evaluating non-price factors important to your organisational objectives e.g. quality, lead time, sustainability Performing the appropriate pre-qualification of suppliers. Improvements to end-to-end supply chain efficiency.

Sourcing 64

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

Pipefy

JUNE 15, 2023

This is especially true for leaders and teams wanting to become much more agile and resilient in light of the challenges created following recent supply chain disruptions. In these cases, the software can easily adapt to these processes as the business grows by automating purchase management.

Procurement 52

Procurement supply chain software solutions Purchase orders Procurement solutions 52

ivalua

MARCH 11, 2020

Ikea is a leader with plans to ensure a sustainable supply chain. Many changes can reduce costs or reduce risk at the same time as delivering improved CSR. Digitization of Procurement and supply chain is an area that is ripe for incrementalism. This is a shame not just for the social benefit.

supply chain budgeting 130

supply chain budgeting Procurement Agile and Lean Supply Chain Supply Chain Efficiency 130

Procurement Software

DECEMBER 5, 2022

Evaluating non-price factors important to your organisational objectives e.g. quality, lead time, sustainability. Improvements to end-to-end supply chain efficiency. These must be taken into account in order to save time and reduce costs. Reduction in maverick spend (H4).

Sourcing 52

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

ivalua

DECEMBER 19, 2019

Redwood City, CA – December 18, 2019 – Ivalua, a global leader in cloud Spend Management solutions , today announced that it has been recognized as a Leader by Forrester Research Inc. Ivalua’s Source-to-Contract suite helps us better manage our spend and suppliers to deliver continuous improvements in these areas.

Contract 20

Contract Sourcing Eprocurement Strategic sourcing 20

ivalua

DECEMBER 18, 2019

Redwood City, CA – December 18, 2019 – Ivalua, a global leader in cloud Spend Management solutions , today announced that it has been recognized as a Leader by Forrester Research Inc. Ivalua’s Source-to-Contract suite helps us better manage our spend and suppliers to deliver continuous improvements in these areas.

Contract 20

Contract Sourcing Eprocurement Strategic sourcing 20

ivalua

MAY 18, 2022

Even reducing costs often depends more on effective collaboration rather than negotiation in today’s market. At the same time, organizations have never been more exposed to risk from their supply chains, from supply continuity, quality, or ESG violations. Take carbon reductions for example.

Suppliers 130

Suppliers Management Supply Chain Efficiency Collaboration 130

ivalua

MARCH 9, 2023

Generate Greater and More Sustainable Value Across Your S2P Process Download the Ivalua Source-to-Pay (S2P) Datasheet Vishal Patel VP Product Marketing Vishal has spent the last 1​5​ years in various roles within the Procurement and Supply Chain technology market. Ready to revolutionize your S2P process? Let’s get started below!

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130