Spend Matters

JUNE 12, 2023

Categories: Contract Management Tags: PRO This Spend Matters PRO Vendor Analysis updates our coverage of Malbek and its contract lifecycle management solution. In 2021, Spend Matters included Malbek on the Future 5 list, an annual list that highlights the most impressive procurement technology start-ups.

Contract 98

Contract Management Contract management Buyers 98

ivalua

OCTOBER 27, 2020

Food service leader digitizes procurement to drive efficiency, transparency and effective supplier management as it accelerates global expansion. Jollibee Foods Corporation (JFC) is a chain of fast food restaurants with a worldwide store network of more than 5,000 stores.

Supply Chain Efficiency 26

Supply Chain Efficiency Chief Procurement Officer Procurement Networking 26

ProcurePort

FEBRUARY 2, 2021

2020 flew by as fast as it arrived. However, unlike years past, 2020 left a mark. Not just an indent either; 2020 certainly secured itself at least a few pages in the history books to come. The post How to Manage Vendor Information Effectively appeared first on ProcurePort Blog. The digital […].

Management 100

Management Contract management Contract 100

ivalua

JANUARY 15, 2020

They will leverage Ivalua’s industry-leading Sourcing, Contract Management and Analytics functions for both direct and indirect procurement across the organisation. The implementation of Ivalua will increase efficiency, reduce manual work and help to manage growth in Laerdal’s procurement operations.

Spend management 133

Spend management Contract management Procurement Suppliers 133

Spend Matters

MAY 22, 2023

We originally covered Ignite Procurement in 2020 only two years after it launched its product.

Suppliers 75

Suppliers Management Procurement Contract management 75

ivalua

OCTOBER 28, 2022

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. In 2020, LADWP, the largest municipal water and power utility in the United States, was facing a crisis.

Bidding 130

Bidding Procurement Procurement team Procurement solutions 130

Procurement Heads

JANUARY 4, 2023

In 2020, I moved back into corporate life as Head Of Supplier Relationship Management with Coventry Building Society. So, before we’ve signed the agreement, my team ensures that we’ve got the correct service level agreements in place with suppliers that we subsequently performance manage.

Supply Chain Efficiency 246

Supply Chain Efficiency Agile and Lean Supply Chain Sustainability Suppliers 246

Procurement Leaders

JUNE 9, 2022

New digital tools: Dedicated project teams were set up over 2020 and 2021 to look at digital tools for spend, sustainability, and contract life-cycle management. The function’s NPS score grew rapidly from 27 at the end of 2020 to 69 by October 2021, with the score for indirect procurement reaching 73. to 41 in 2 years.

Category management 130

Category management Strategy Procurement Innovation 130

Procurement Templates

JUNE 18, 2023

Marillyn Hewson (formerly Lockheed Martin): As the former CEO of Lockheed Martin (until 2020), Marillyn Hewson led one of the largest defense contractors globally. She emphasized procurement excellence, cost management, and supplier diversity to ensure the company’s success in delivering advanced defense technologies.

Leadership 147

Leadership Procurement Agile and Lean Supply Chain Supply Chain Efficiency 147

ivalua

AUGUST 17, 2021

To be successful, your procurement team will need to be expert at supplier relationship management, contract management and sourcing and skilled at managing procurement cost as it contributes positively to the business. This can be summarized as the infrastructure costs you need to keep the lights on for the business.

Procurement 130

Procurement Procurement team Sourcing Supplier relationship management 130

Spend Matters

OCTOBER 19, 2023

How dSilo came into being Sharad Malhautra and Jay Gutta, with 45 years’ experience between them in procurement and supply chain, tech development and supply chain consulting, formed dSilo in 2020. There was still a lack of functionality, particularly in contract management. None so much as in CLM,” he says.

e2e 111

e2e Contract Contract management Procurement 111

Procurement Software

MAY 16, 2023

The software automates workflows and approvals, manages supplier catalogues, and provides real-time analytics for better decision-making. The module also includes features such as contract management, invoice processing, and payment processing. Case studies on their website showcase integration with SAP specifically.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

Procurement Insights

DECEMBER 6, 2024

These included the development of platforms for dairy commodity exchange, supply chain management tools, and industry-focused content. Cloudia**: Provides digital procurement solutions, including e-sourcing and contract management, aimed at streamlining procurement operations. billion in procurement spend.

Supply Chain Efficiency 52

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

Supply Chain Game Changer

OCTOBER 28, 2021

between 2018–2023 (MarketWatch 2020). More than $500M of venture capital was invested in procurement technology startups over the previous 6 years (Digital Procurement World 2020). Oftentimes, supplier, contract, and category management have kept a mix of spreadsheets and SharePoint, as this is the comfortable choice.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Procurement Software

FEBRUARY 6, 2024

The company offers a simple and competitively priced contract management solution. These centralise all your company’s contract documents, giving you a top-down view of the entire contract portfolio. Key Data: Founder / CEO: Kustaa Kivelä Date Founded: 2020 Visit Workfellow profile in our Software Finder 3.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Negotiation 52

World of Procurement blog

APRIL 23, 2024

Additionally, they regularly review contracts, manage budgets, and ensure compliance with laws and regulations. Procurement Manager Salary Salary varies widely depending on factors such as location, industry, and experience. Being adept at problem-solving is essential, as unforeseen supply chain issues are quite common.

supply chain budgeting 52

supply chain budgeting Management Procurement Chief Procurement Officer 52

World of Procurement blog

APRIL 23, 2024

Additionally, they regularly review contracts, manage budgets, and ensure compliance with laws and regulations. Procurement Manager Salary Salary varies widely depending on factors such as location, industry, and experience. Being adept at problem-solving is essential, as unforeseen supply chain issues are quite common.

supply chain budgeting 52

supply chain budgeting Management Procurement Chief Procurement Officer 52

Jaggaer

JUNE 9, 2020

JAGGAER (@JaggaerPro) April 30, 2020. There are plenty of other questions to ask yourself about your contract terms, too. If there are areas of your agreement that you already know will not be met or won’t be necessary for 2020, now is the time to evaluate them and make appropriate revisions with your suppliers.

Procurement strategies 52

Procurement strategies Strategy Management Procurement 52

Zycus Cognitive Procurement

JANUARY 12, 2021

3] Astute Contract Risk Management. What happens after the contract awarding phase is most significant because it could move your entire procurement process in another direction. Contract management plays an essential role in maintaining an effective and competitive supply chain.

Contract 52

Contract Sourcing Chief Procurement Officer Contract management 52

Procurement Heads

JUNE 14, 2023

There were no category strategies in place, sourcing was often about re-tendering the same specifications again just to try and squeeze further cost out, and there was a culture of disputes in post contract management. We were not very innovative or creative in our commercial deals.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Networking Supply Chain Efficiency Innovation 130

Procurement Software

APRIL 23, 2024

established in 2020, is a pioneer in the field of spend analysis automation. Ignite Ignite , based in Norway, offers a comprehensive platform designed to enhance supplier management and procurement processes. Ignite’s tools help organisations gain a holistic view of their suppliers, manage risks, and achieve sustainability goals.

supply chain software solutions 52

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

Procurement Software

FEBRUARY 20, 2024

Founded in 2016, the company is led by two experienced procurement and management experts. It serves Fortune 500 companies, and in 2020 the platform managed more than $150M of spend. trueLedger trueLedger is an early stage contract-to-invoice platform based in Zurich, Switzerland.

Supply Chain Efficiency 59

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

Arkestro

APRIL 25, 2023

from February 2020 to August 2022. Project delays, contract management, and quality control can further complicate the process—not to mention sustainability goals and risk management. Transform the way you manage your construction purchasing activities with Arkestro.

Supply Chain Efficiency 52

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

SCMDOJO

JUNE 28, 2024

She founded New Gen Architects in 2020 to show companies how to transform business operations, starting with their supply chain. Leveraging her business acumen and technical expertise, Dyci’s vision is to empower clients to be customer-centric and scale intelligently.

Supply Chain Optimization 93

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 93

Barkers Procurement

JULY 18, 2023

Our FMCG client chose a major Indian outsourcer as their preferred managed service partner in late 2020. It has led to the creation of over 100 different Statements of Work (SoWs) and Change Requests (CRs), ranging from complex managed service agreements to systems development and integration projects, and resources contracts.

Contract 52

Contract Risk Contract management Procurement 52

NLPA (Next Level Purchasing Association)

MARCH 6, 2025

A 2020 report by The Gap Partnership revealed that nearly half of senior procurement professionals admit to lacking confidence in their face-to-face negotiation skills.

Negotiation 52

Negotiation Chief Procurement Officer Procurement Supply Chain Efficiency 52

IBM Supply Chain Blog

APRIL 4, 2024

Also, BPM provides real-time insights into compliance metrics and risk exposure, enabling proactive risk management and regulatory reporting. Standardized workflows can be created that guide contracts through each stage of the lifecycle. Real-time visibility into contract status improves overall contract management.

Real-time Visibility 54

Real-time Visibility Management e2e Supply Chain Efficiency 54

The Procuretech Podcast

SEPTEMBER 29, 2022

Today we've got a returning guest who was on the first series of the podcast way back in 2020. During that time he started looking into procurement tech and contract tech. In that role, he sourced and implemented a contract management product called Gatekeeper, then decided he wanted to join that company.

Procurement 40

Procurement Contract Influencing Ethics 40

Procurement Software

JANUARY 23, 2024

Inhubber Inhubber is a contract management and digital signature platform powered by blockchain and AI. Inhubber enables you to create, sign and store contracts securely. Key Data: Founder / CEO: André Petry Date Founded: 2020 Visit Tacto profile in our Software Finder 6.

Procurement 52

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

Procurify

JULY 20, 2022

Purchasing managers need reliable supplier intelligence for quick decision making. In 2020, 41% of procurement leaders found their supplier data inadequate. However, organizations need separate contracts that define their working relationship with their suppliers.

Purchasing 52

Purchasing Management Supply Chain Efficiency supply chain software solutions 52

Jaggaer

SEPTEMBER 23, 2019

It quotes Gartner’s own Tech and Service Provider CEO Survey, which indicated that 75% intend to incorporate AI into their products by 2020, up from 39% in 2017. This is up from 39% in 2017. And yet, procurement professionals are yet to be convinced.

Procurement 40

Procurement Chief Procurement Officer Data Ethics 40

Procurement Software

NOVEMBER 14, 2023

Contract Lifecycle Management (CLM) software, spend analytics and eSourcing software are all great examples of modules where the suites didn’t – and still don’t – do a particularly good job. When 2020 came around and the pandemic hit, we saw a further explosion in these point-based solutions.

supply chain software solutions 52

supply chain software solutions Spend management Agile and Lean Supply Chain Risk 52

Let's Talk Supply Chain

MARCH 23, 2023

This month we’re proud to feature Erica Patterson, Director of Contracts Management & Supplier Diversity at Philadelphia Gas Works. Erica is an accomplished contracts specialist with education experience at the University of Phoenix where she earned a Doctorate in Management and Organizational Leadership.

Agile and Lean Supply Chain 52

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

Procurement Software

MARCH 5, 2024

Key Data: Founder / CEO: Anders Lillevik Date Founded: 2020 Visit Focal Point profile in our Software Finder 2. The software was founded by a group of seasoned procurement professionals who have developed a full-suite spend management platform with two overriding principles: time to value and ease of use.

Real-time Visibility 52

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

Procurement Software

MAY 9, 2023

World Of Procurement World of Procurement is a podcast about procurement, supply chain and contract management. Founded in 2020, the Proctopus network is on a mission to make the procurement community more engaged and the profession better understood. ProctoCast ProctoCast is brought to you by the Proctopus network.

Procurement 52

Procurement supply chain software solutions Supply chain Sourcing 52

Procurement Software

AUGUST 8, 2023

In 2020, Coupa announced the acquisition of Llamasoft , a supply chain planning software company, for $1.5 Some examples: SRM Contract management Risk management ESG Spend, and wider data analytics There will be more acquisitions. They went on to raise additional funding rounds. This isn’t over yet.

supply chain software solutions 52

supply chain software solutions Agile and Lean Supply Chain supply chain budgeting Procurement team 52