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Collaboration, Procurement with Purpose and the Entente Cordiale…

ivalua

In this disruptive age, businesses must move faster and become more agile, so Procurement must respond, to this or we will become obsolete. And increasingly, that means collaborative working with key suppliers who can support that need to be innovative, flexible and agile.

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SAP Ariba and the future of the source-to-pay suite: Ecosystems, complexity and a more holistic approach to evaluating procurement technology

Spend Matters

This ecosystem strategy for managing “best-in-class architectures” is unfortunately still nascent, but recent activity has thankfully signaled the start of a greater shift by the large technology vendors themselves (and not just progressive buyers). Let’s just focus on the SAP Ariba portion of this discussion.

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How to Improve Procurement Efficiency

Una

In recent years, however, many teams have managed to successfully shake off this long-outdated reputation. Procurement professionals are now celebrated for their innovation, creativity, agility, and cost-saving initiatives. Reducing suppliers also helps mitigate risk throughout the supply chain.

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Wake Up AP, Before it’s Too Late! E-invoicing Mandate | France 2024

ivalua

E-invoicing Mandate | France 2024 Ivalua Spend Management Insights [ivory-search] Wake Up AP, Before it’s Too Late! The AP team moves from invoicing to supplier expectation management, becoming an embedded Finance team. Instant invoice approval, no supplier inquiries, and no exceptions.

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Strategic Sourcing Success – Techniques Deployed by Leaders in S2P

Jaggaer

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. This helps businesses to recognize supplier risks and create plans to prevent supply chain interruptions.

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Let’s Get Digital: Introducing your Source-to-Pay Guide

ivalua

Contract Management: The piece that connects the upstream and the downstream, where value starts being captured. The contracts govern the relationship between the buyer and supplier, an essential process to inform Procure-to-Pay. Also included: supplier improvement plans, innovation plans and overall supplier collaboration.

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Procurement Technology: 6 Solutions You Should Know In 2024

Pipefy

Finally, procurement teams are responsible for anticipating and responding to disruptions in the supply chain and their own process. From procure-to-pay software to spend management and analysis tools, procurement technologies are disrupting the status quo and bringing efficiency to teams like never before.