ivalua

MARCH 5, 2020

Last week, round 40 Procurement leaders got together in the very pleasant surroundings of the Royal Lancaster Hotel in London to talk about collaboration, and to celebrate Ivalua’s increased presence in the UK. My own contribution was to lead a discussion around collaboration.

Collaboration 130

Collaboration Agile and Lean Supply Chain Procurement supply chain budgeting 130

Skill Dynamics

MARCH 14, 2024

As the year draws to a close, organizations face the critical task of effectively utilizing their end-of-year Learning and Development budgets. The allocation of this budget is not a decision to be taken lightly, as it has a direct impact on the company’s growth, productivity, and talent development.

supply chain budgeting 96

supply chain budgeting Budget Raw materials Procurement team 96

ivalua

JULY 11, 2022

The release includes a broad set of innovations to empower Procurement and Supply Chain leaders to improve collaboration among internal stakeholders and suppliers, proactively mitigate supplier risk and performance issues, gain efficiency and visibility in contracting and improve guidance and effectiveness across procure-to-pay. . ivalua.com.

Supply chain resilience 130

Supply chain resilience Collaboration Supply Chain Efficiency supply chain budgeting 130

Spend Matters

JANUARY 7, 2025

This leads to redundant purchases, budget overruns and a lack of accountability. A lack of stakeholder collaboration can result in a host of legal and security problems. An effective procurement process is highly visible and includes centralized discussions from key collaborators across Legal, IT and InfoSec.

Procurement 117

Procurement Purchasing Vendor relationships Suppliers 117

Procurement Express

JULY 5, 2024

The Importance of Strategic Budgeting Budgeting is so much more than just crunching numbers – it’s a strategic exercise that can reveal your company’s mission and provide a roadmap to success. This includes anyone who touches the budget, whether on the revenue or expense side.

Budget 52

Budget Real-time Visibility Product development Collaboration 52

Spend Matters

MARCH 25, 2025

AWS Cost Explorer and Budgets, integrating AWS Marketplace expenditures into broader financial management tools. Expanding vendor collaboration: AWS Partner Connections will strengthen partnerships between software vendors and enterprise buyers. Cost allocation tagging, allowing organizations to categorize and track software expenses.

Procurement solutions 96

Procurement solutions Procurement Purchase orders Data 96

Spend Matters

FEBRUARY 26, 2025

And in collaboration with NIGPs RMGPA chapter and Colorados OEDIT department, SOVRA will host The Small Business Showcase at the NIGP Forum in Denver to highlight small businesses looking to expand their presence in public procurement. Recent successes include: In 2024, 321 new government procurement teams were onboarded.

Procurement 116

Procurement Bidding Contract management Data 116

Una

AUGUST 23, 2022

How to Improve Collaboration Between Procurement and IT. For sourcing professionals, attempting to collaborate with another function can feel a bit like trying to establish contact with an alien species. The consequences of poor collaboration can be very expensive, particularly in the realm of IT. Contact us to learn more.

Collaboration 98

Collaboration Procurement Purchasing Data 98

ivalua

JANUARY 13, 2021

– Spend control through real-time visibility into budget consumption, negotiated prices, preferred suppliers, engagement channels. Requisitioners see expected delivery dates, Managers their budget consumption, Accounts Payable their pending invoices. Now, you need to build your business case to get that budget from Finance.

Eprocurement 235

Eprocurement Real-time Visibility Purchase orders Budget 235

Procurement Tactics

JULY 2, 2023

Laying out the relevant details such as the quality standards, quantities, and specifications of the subject goods or services as well as the other dependencies will allow for an effective collaboration and avoid misinterpretation. A clear budget 4. Effective Planning Effective planning is where everything starts.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

ivalua

SEPTEMBER 13, 2020

For organizations, this means employees can easily and quickly buy all the goods and services need from preferred contracts, ensures they stay within budget and work with required approvals. Buying at negotiated prices and within budget. Pain-Point: Purchasing compliance and collaboration. Reduced errors, fraud and risk.

e2e 204

e2e Procurement Budget Contract 204

Procurement Tactics

MAY 8, 2023

Collaborative Planning, Forecasting, and Replenishment (CPFR) is a set of practices in which supply chain partners plan essential supply chain activities to meet customer demand while also lowering their costs. The collaboration in CPFR usually includes business planning, forecasting , and replenishment of raw materials and finished products.

Supply Chain Efficiency 200

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 200

Procurement Insights

JANUARY 3, 2025

Here’s a breakdown of the shifts over this period: 2011: Procurement as a Tactical Function Primary Focus on Cost Savings : In 2011, CFOs largely viewed procurement as a cost-control function , tasked with negotiating contracts, reducing spend, and maintaining compliance with budgets.

Agile and Lean Supply Chain 52

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

Planergy

FEBRUARY 24, 2025

This involves consulting educators, administrators, and department heads to identify specific needs, performance expectations, and budget constraints. Though it makes budgeting a bit more complex , its often worth it. This improves the purchasing power of the group compared to the individual.

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

ivalua

SEPTEMBER 28, 2020

The Purchase Order has been touted as the only way to manage ‘maverick’ spend (stopping off budget expenditure), but it’s also a way to automate invoice processing. Is there a budget and contract (the purchase order is a contract) for these items? Is the tax and budget allocation information correct?

supply chain budgeting 237

supply chain budgeting Purchase orders Networking Buyers 237

ivalua

FEBRUARY 10, 2023

It also has an impact on procurement teams as they are responsible for managing supplier relationships, identifying opportunities for cost savings, and ensuring that goods and services are delivered on time and within budget.

Price 264

Price Strategy Sourcing Real-time Visibility 264

ivalua

AUGUST 5, 2020

Line level multi-tax treatment and budget allocation templates that reduce effort. With both the supplier and the AP needing to match the same information, it’s in everyone’s interest to automate the payment process through the introduction of collaboration and agility within the payables journey.

Budget 130

Budget Buyers Collaboration Purchase orders 130

IBM Supply Chain Blog

OCTOBER 24, 2023

However, dispersed, unreliable data and time-consuming, error prone processes can lead to bloated budgets, ineffective planning and missed opportunities. The result of the implemented solutions was increased automation and improved budgeting. They also reportedly had configuration challenges using multi-cloud technologies.

Collaboration 77

Collaboration e2e Budget Leadership 77

Jaggaer

MARCH 20, 2025

Community colleges, public universities, and private institutions alike must navigate the potential for budget cuts, shifts in federal aid programs, and changing regulatory requirements. Budget Shortfalls First, the good news. They can often limit the choice of suppliers and reduce collaboration and control.

supply chain budgeting 52

supply chain budgeting Procurement Budget Supply Chain Efficiency 52

Let's Talk Supply Chain

MARCH 24, 2025

This unpredictability makes it challenging for businesses to effectively budget and plan ‍for the future. From leveraging technology to enhancing collaboration, organizations are adapting to ensure the smooth flow of their supply chains.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Demand 52

Procurement Express

FEBRUARY 28, 2025

Some focus on cloud accounting and bookkeeping, while others specialize in forecasting, budgeting, purchasing, and compliance. vCFOs need the right technology stack to streamline accounting, forecasting, reporting, and collaboration. With so many financial tools on the market, choosing the right ones can be overwhelming.

Real-time Visibility 52

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

Jaggaer

MARCH 7, 2025

Why Modernizing Government Procurement Matters Government procurement is a complex process, often involving multiple stakeholders, large-scale budgets, and stringent regulatory requirements. Improve Supplier Collaboration Digital platforms facilitate smoother interactions, from onboarding to contract execution.

Supply Chain Efficiency 52

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

Procurement Tactics

OCTOBER 13, 2022

Additionally, it assesses the suppliers of the company to find the best supplier in the market and collaborate effectively which will enable them to establish a long-term relationship. A strategic sourcing manager is common in large enterprises with a huge procurement budget and works with various suppliers that are in different places. .

Strategic sourcing 200

Strategic sourcing Strategic sourcing Sourcing Management 200

Planergy

MARCH 19, 2025

However, budget restrictions and transparency requirements present challenges. Supplier management involves selecting, evaluating, and maintaining supplier relationships to ensure timely delivery of goods and services within budget. Schools benefit from partnerships built on trust, collaboration, and reliability.

Suppliers 52

Suppliers Management supply chain budgeting Supply Chain Efficiency 52

Procurement Tactics

OCTOBER 18, 2022

The SRM aims to ensure buying from reliable suppliers, bring end-to-end visibility of supplier collaboration workflow, and improve the resilience of the supply chain. . Many companies benefit from the software as it offers improved visibility into the supply chain and enables cost traceability for enhanced budget management. .

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Planergy

FEBRUARY 24, 2025

Address challenges like tight budgets and high transaction volumes with smart planning and collaboration. Keeping AP organized makes budgeting easier and helps schools build good relationships with vendors by being reliable payers. For example, if a school faces a budget delay, informing the vendor beforehand prevents surprises.

Management 52

Management Budget Negotiation Purchasing 52

Planergy

MARCH 24, 2025

From tracking tuition payments to managing budgets and grants, schools handle complex financial landscapes that require transparency and precision. Look for options like income statements, budget analysis, and grant usage summaries. Real-time budgeting tools. Accounting is a pivotal part of day-to-day school operations.

Budget 52

Budget Spend management Price Data 52

ivalua

SEPTEMBER 13, 2020

For organizations, this means employees can easily and quickly buy all the goods and services need from preferred contracts, ensures they stay within budget and work with required approvals. Buying at negotiated prices and within budget. Pain-Point: Purchasing compliance and collaboration. Reduced errors, fraud and risk.

e2e 147

e2e Procurement Budget Contract 147

Procurement Software

MARCH 16, 2025

While full-scale digital transformation certainly takes time, organisations can see rapid improvements in efficiency, collaboration, and data accuracy right from the outset. Automated approvals, chat-based collaboration, and real-time notifications ensure that key stakeholders stay informed without inbox overload.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency Purchase orders 52

ivalua

NOVEMBER 18, 2020

As businesses look to restoring growth, it can help them restore growth and gain a competitive advantage by enabling unique business processes, and more effective collaboration with suppliers and internal stakeholders, while eliminating manual processes that can hamper productivity. No progress on digital transformation.

supply chain budgeting 130

supply chain budgeting Collaboration Innovation Suppliers 130

ivalua

NOVEMBER 7, 2019

Ivalua’s BOM Lifecycle Manager enables teams managing direct materials spend to work collaboratively to design and deliver products that meet quality requirements, delight customers, and yield maximum profitability. The new innovations extend the leadership of Ivalua’s solutions for Manufacturing and Direct Materials.

Innovation 22

Innovation Bill of materials Supply Chain Efficiency Management 22

ivalua

NOVEMBER 29, 2022

And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budget management. Visibility is essential to quickly and effectively respond to a supply chain event, and to collaborate with suppliers on innovative risk mitigation strategies.

Risk 130

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

ivalua

JULY 10, 2019

Procurement leaders can improve efficiency, reduce costs, improve the employee experience and better collaborate with stakeholders to achieve strategic objectives. PO and Forecast Collaboration: Close collaboration with suppliers to ensure supply chain efficiency and continuity of supply.

supply chain budgeting 113

supply chain budgeting Agile and Lean Supply Chain Bill of materials Supply Chain Efficiency 113

Procurement Tactics

AUGUST 25, 2022

Additionally, from 2019 to 2021, he has led his team to win 4 Asia Awards which are the Most Improved Procurement Operation, Transformation, Best Public Procurement Project, and Best Supplier Collaboration. . Trillion budget. . His mission is to help companies collaborate with their supplier ecosystem to drive sustainable growth.

Procurement 231

Procurement Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 231

Procurement Templates

FEBRUARY 19, 2024

Foster a culture of collaboration, innovation, and employee engagement. Collaborating with our leadership team to select the preferred organization design. Clarity and completeness of the proposal, including detailed work plan and budget. Clarity, completeness, and feasibility of the proposed work plan and budget.

Budget 130

Budget Change management Stakeholder engagement Collaboration 130

Planergy

MARCH 10, 2025

Optimize Energy Usage Energy consumption often makes up a large share of a schools budget. Streamline Administrative Processes Administrative work, such as budgeting, payroll, and reporting, may hide additional costs caused by inefficiency. Conduct Energy Audits Start by performing an energy audit to determine where money is wasted.

Strategy 52

Strategy Management Budget Spend management 52

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. trillion, making grants roughly 17% of the total federal budget. . Federal grants often make up a large portion of any state, county or municipal budget. Reason No.

Supply Chain Efficiency 130

Supply Chain Efficiency Management supply chain budgeting Budget 130