Procurement Insights

NOVEMBER 25, 2024

KKR, one of the largest private equity and investment firms globally, has considerable experience and insights into procurement and ProcureTech solutions, especially through its portfolio companies and investments. How successful are KKR ProcureTech companies when it comes to solution implementations? Are Coupa and Ivalua competitors?

supply chain software solutions 52

supply chain software solutions Influencing Supply Chain Optimization Supply Chain Efficiency 52

Spend Matters

MAY 27, 2025

Automated spend management AI-powered spend analytics automatically reconcile procurement cost data with financial reports, reducing the risk of mismatched data and inaccurate financial forecasting. Enhancing spend forecasting accuracy to give finance full visibility into procurement-driven cost factors.

Real-time Visibility 81

Real-time Visibility Procurement supply chain budgeting Supply Chain Optimization 81

Procurement Insights

APRIL 4, 2025

Network Member Question Aside from the basics of spend analysis and eliminating redundancy, Im curious to hear of others experiences in dealing with merger/acquisitions and how the cultural elements were addressed in terms of promoting the use of preferred vendors and the adoption of expense management policy.

Agile and Lean Supply Chain 81

Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization e2e 81

Procurement Tactics

JANUARY 8, 2023

It can also help drive sustainability initiatives in your supply chain and procurement process. . The Closed Loop Spend Management. You may ask yourself, why is closed loop spend management being brought up? Manage and monitor cost savings and sustainability impact for each initiative.

Sustainability 207

Sustainability Procurement Agile and Lean Supply Chain Supply Chain Optimization 207

Procurement Express

DECEMBER 31, 2024

Facilities management : Maintenance, cleaning, and security services. IT services : Software subscriptions, cloud storage, and tech support. When you’re comparing direct and indirect spend, half the battle comes down to managing changes in the supply chain. What’s Behind This Disconnect?

Spend management 40

Spend management Strategy Management Real-time Visibility 40

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.” Start by Putting the Right Technology in Place.

Agile and Lean Supply Chain 130

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

Procurement Insights

APRIL 5, 2025

Below is a ranking of the top 10 ProcureTech should-cost solution providersGEP, Zycus, Ivalua, SAP Ariba, Coupa Software, Jaggaer, Keelvar, Lytica, ProPurchaser, and Archletacross three criteria: length of time in business, company size, and top reason for dealing with each one. market share (Apps Run The World, 2023) lead.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization Negotiation Supply Chain Efficiency 52

Planergy

MAY 8, 2025

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. What's PLANERGY?

Strategy 52

Strategy Real-time Visibility Procurement Agile and Lean Supply Chain 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. Redwood City, CA, 25 April, 2023.

Contract 130

Contract Suppliers Supply Chain Efficiency Sourcing 130

Jaggaer

FEBRUARY 20, 2025

Each stage contributes to a more strategic approach to procurement: Spend management: Despite the title, source to pay cannot really start with sourcing. Category management: Whereas spend management aims to depict the entire landscape, category management fills in the detail for each major spend category.

Sourcing 52

Sourcing e2e Supply Chain Efficiency Strategic sourcing 52

Spend Matters

FEBRUARY 13, 2025

This focus and track record however, was in some ways at the expense of fully optimizing and maximizing procurements total strategic value to the enterprise as a whole. This meant that implementing one of the full end-to-end spend management suites was not feasible from a cost and change management perspective.

Influencing 104

Influencing Procurement supply chain budgeting e2e 104

Planergy

MARCH 12, 2025

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Simpler Logistics and Supply Chain Management With operations overseas, you run the risk of becoming too reliant on global supply chains.

Agile and Lean Supply Chain 52

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

ivalua

AUGUST 17, 2022

Redwood City, 17 August, 2022 – Ivalua, a global leader in spend management , today announced that O-I Glass Inc, an American Fortune 500 company headquartered in Perrysburg, Ohio, has selected its solution to streamline its Global Direct and Indirect Source-to-Pay (S2P) Processes. in 2021 and 24,000 employees. About Ivalua.

Sourcing 130

Sourcing Buying process Supplier relationship management Supply Chain Optimization 130

ivalua

DECEMBER 20, 2022

Ivalua, a global leader in spend management , today announced that Hillenbrand, Inc. The solution adopted will include Ivalua’s supplier risk and performance management and contract lifecycle management modules and will feature a number of integrations to ensure optimal user experience and maximum efficiency.

Data 130

Data Supply Chain Efficiency Spend management supply chain software solutions 130

Procurement Insights

MAY 3, 2025

Sourcing Innovation Launch Date: June 2006 Overview: Authored by Michael Lamoureux, a Computer Science PhD, Sourcing Innovation focuses on procurement technology, strategic sourcing, and supply chain management. AI, e-sourcing), spend analytics, and best practices. It serves analysts, procurement leaders, and managers.

Procurement 40

Procurement Supply Chain Optimization Ethics supply chain software solutions 40

Jaggaer

NOVEMBER 15, 2018

The right software can guarantee better fleet management and more efficiency which can translate to increased profitability overall. This echoes JAGGAER’s focus on better spend management for a host of industries including the supply chain. Manual labor can be inefficient and lead to poor spend management.

Fleet Tracking 40

Fleet Tracking Spend management supply chain software solutions Supply Chain Optimization 40

Jaggaer

FEBRUARY 5, 2025

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. But today this is largely executed electronically, for example by eSourcing events and with sourcing optimization software.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Procurement Tactics

JULY 2, 2023

There are various tools and software that provide a template to create a job order document. To continue to optimize procurement processes, implement these lessons in future job orders. Softwares Available for Creating and Managing Job Orders 1. CERTIFICATE COURSES Related courses about this subject 1.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Arkestro

NOVEMBER 12, 2024

Historically, the focus has been on optimizing portfolios of spend—prioritizing what to address, defer, or ignore—using well-known frameworks such as the Kraljic Matrix and the Pareto Principle. However, this convenience comes with a downside. Subscribe to news from Arkestro. No spam, just relevant procurement news and tips.

Procurement 52

Procurement Bidding Procurement team Supply Chain Efficiency 52

Jaggaer

FEBRUARY 5, 2025

JAGGAER characterizes the steps in this process as Spend Management, Category Management, Sourcing , and Contracts. Secondly come eProcurement, Supply Chain Collaboration, Invoicing, and Payments. Digitalization also fosters greater agility in supplier management. Make them feel in control.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Procurement Express

FEBRUARY 28, 2025

Instead, you are responsible for driving financial strategy, optimizing cash flow, and helping businesses make smarter financial decisions. Virtual CFO tools range from cloud-based accounting platforms to cash flow forecasting, budgeting, and spend management software. Thats where a virtual CFO tool stack comes in handy.

Real-time Visibility 52

Real-time Visibility supply chain budgeting Budget supply chain software solutions 52

ivalua

NOVEMBER 12, 2019

New Risk Center adds capabilities and integrations to extend existing leadership in enabling holistic management of supplier risk. The latest innovations extend the existing strength of Ivalua’s Supplier Management solution, which had already been recognized as a Leader by Forrester Research Inc.

Risk management 20

Risk management Risk Management Real-time Visibility 20

Procurement Insights

MAY 15, 2025

in 2015 and climbing steadily to $1.21B by 2025 – representing extraordinary growth as the company established itself as a leader in the spend management space. million in 2015 (pre-IPO) to approximately $725 million by fiscal year 2022.

Spend management 52

Spend management Supply Chain Efficiency Change management Innovation 52

Planergy

FEBRUARY 24, 2025

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. How better management in AP can give you better flexibility for cash flow management. What's PLANERGY?

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

Planergy

JULY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. ESG In Supply Chain: Creating a Sustainable Value Chain. ESG In Supply Chain: Creating a Sustainable Value Chain We all know just how valuable the supply chain is. Written by.

Sustainability 52

Sustainability Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

ivalua

MARCH 9, 2023

By gaining visibility into spending patterns, demand, supplier performance, and supply markets–opportunities will be uncovered. Spend under management: S2P software can help procurement teams better manage the percentage of company spend that is under contract and under management.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

A well-defined procurement strategy is the key to optimizing your procurement process. Case Studies in Action Walmart’s Transformation : Walmart leveraged its procurement strategy for cost savings and supply chain efficiency. In today’s competitive landscape, getting the best price isn’t enough.

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52

Planergy

MARCH 19, 2025

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Cost Efficiency: Thoughtful management helps schools meet financial goals by eliminating waste. Proper risk management protects against these situations.

Suppliers 52

Suppliers Management supply chain budgeting Supply Chain Efficiency 52

Spend Matters

JANUARY 5, 2024

While it is best known for its end-to-end CLM for legal, procurement, sales and risk teams, CobbleStone Software ’s capabilities also touch on sourcing and e-procurement, giving it broad coverage of procurement processes. It makes the invisible visible through discovery and continuously monitors key issues to supply chain risk.

e2e 103

e2e Procurement supply chain software solutions Contract 103

TYA Suite

APRIL 13, 2025

raw materials, software licenses). They submit a formal request, which managers review for necessity and cost-effectiveness. Minimizing supply chain disruptions and compliance risks. An automated purchasing system uses software to streamline procurement activities. Avoiding delays that could disrupt operations.

Purchasing 40

Purchasing supply chain budgeting Supply Chain Efficiency Real-time Visibility 40

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

APRIL 23, 2024

Spend analytics software would be the first tech investment I’d make in a greenfield Head of Procurement role. You have to know what you’re spending your money on before you can start to transform your procurement operations. To do this quickly and efficiently, spend analytics software is your best friend.

supply chain software solutions 52

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

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. AI, GenAI and Joule SAP made some announcements about SAP Joule, its GenAI-powered copilot solution.

Networking 115

Networking Spend management Suppliers Supply Chain Optimization 115

TYA Suite

JANUARY 27, 2025

This comprehensive solution streamlines procurement activities, improves and provides transparency across the entire supply chain. Understanding Procurement Management in Real Estate Procurement in real estate involves acquiring goods, services, and works necessary for the development and maintenance of properties.

Real-time Visibility 40

Real-time Visibility Management Procurement supply chain budgeting 40

Skill Dynamics

JULY 19, 2024

The Foundation of a Successful Procurement Strategy To put it simply, a procurement strategy is a plan that outlines how an organization optimizes its external spending, manages its various supplier relationships, and maintains streamlined internal processes to support cost-effectiveness and generate efficiency.

Procurement strategies 90

Procurement strategies Strategy Procurement supply chain budgeting 90

Planergy

SEPTEMBER 5, 2023

We will also look at how spend management software , like Planergy, can help keep track of expenses and control spending within budget limits. Modern Software Reduces Budgeting Time & Effort Many businesses still rely on outdated, manual budgeting methods, such as spreadsheets or pen and paper.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

Procurement Express

DECEMBER 24, 2024

Do you struggle to analyze spending by vendor, cost center, or commodity? If any of this resonates, its time to explore how digital tools like ProcurementExpress.com can simplify your processes, optimize purchase order creation, and make managing your purchasing process far less of a headache. How does the software achieve this?

Purchasing 40

Purchasing Purchase orders supply chain budgeting Budget 40