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How the importance of risk management has changed for procurement – and what to do about it

Spend Matters

As little as 10 years ago, we heard stories of pretty much indifference to risk: “supply risk management was young,” we heard, and “we didn’t worry too much about risk; we spent a very small percentage of our time on it.” It’s often felt that it just adds more time to the procurement process. That statement couldn’t be less true today.

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Best QuickBooks procurement software options

Procurement Express

Benefits of using purchasing software Managing purchase orders manuallyor relying solely on QuickBookscan lead to approval bottlenecks, overspending, and a lack of real-time visibility into company spending. No one has time to manually match invoices to purchase orders and receipts. But not all tools are created equal.

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Sage Intacct Accounts Payable: Everything You Need To Know

Planergy

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Preparing Your AP Department For The Future", to learn: How to transition from paper and excel to eInvoicing. The seamless connection allows for automated invoice scanning, approval workflows, and real-time spend visibility.

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The ultimate guide to Virtual CFO tools

Procurement Express

But to do that effectively, you need the right tech stack to streamline processes, automate tedious tasks, and provide real-time financial insights. The best virtual CFOs combine multiple tools to create a system that reduces manual work and improves financial visibility. What are virtual CFO tools?

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Tail Spend: Your Guide to Full Spend Visibility and Savings

Una

This is where strategic sourcing professionals spend most of their time, communicating directly with their top suppliers through an SRM program , and using cutting-edge procurement software to analyze spend and track risk. Even with the help of procurement tech, it takes time and resources to bring an unruly tail spend under control.

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285: Unlock the Power of Partnerships, with Cargo Chief and Hubtek

Let's Talk Supply Chain

Cargo Chief enables 3PLs and freight brokers to expand their carrier network, gain visibility into real-time pricing, and streamline their processes. And we serve everything up on our project and procurement software… for an easier way to book freight.”. We solve some of the industry’s biggest issues….

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Alpine Investors’ ASG Acquires Trucker Tools

Supply Chain Brain

ASG, a portfolio company of Alpine Investors that buys and builds vertical SaaS companies, has announced that it has acquired Trucker Tools, a digital freight management platform that provides capacity management, predictive freight matching, automated booking, real-time GPS-based visibility and digital workflow solutions for the transportation industry. (..)