ivalua

FEBRUARY 25, 2021

They may not consider potential issues of integrations, supplier onboarding, supply chain data management, change management and system optimization, all of which add to complexity and costs. Sustainable master data management and governance: As much as 55% of projects fail due to data management issues. The post ERP vs.

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

Spend Matters

FEBRUARY 27, 2025

Spend Matters has been speaking with procurement practitioners and solution providers to get a wide view of how procurement and digital transformation is happening in the real world. And in the real workplace, thats where those decisions come from rather than procurement itself. Do you have your data cleansed? Not yet anyway!

Procurement 73

Procurement Real-time Visibility Change management Data 73

Jaggaer

APRIL 9, 2025

Pairing a dedicated Source-to-Pay (S2P) solution with ERP strengthens procurement by enhancing visibility into supplier performance, automating workflows, and enabling smarter decision-making. Real-Time Data Access and Analysis – Manufacturers must make quick and informed decisions to stay competitive.

Real-time Visibility 52

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

Planergy

MARCH 10, 2025

How to gain visibility and control of your indirect spend. Data-driven insights improve resource allocation and student outcomes. Technology simplifies data storage, analysis, and accessibility for schools. Technology simplifies data storage, analysis, and accessibility for schools.

Data 52

Data Management Budget Real-time Visibility 52

Spend Matters

FEBRUARY 25, 2025

Time and resources can also be a stopping point. Then there is all the ERP data, the countless hours of transaction data entry and the minefield of interpreting that data to be meaningful. By doing this they are actually missing out on the real value and transformative impact of some of the latest technologies.

Real-time Visibility 113

Real-time Visibility e2e Procurement Negotiation 113

Procurement Tactics

DECEMBER 6, 2022

However, these manual processes are ineffective and cost a lot of effort, time, and money. Spend management usually includes strategic procurement processes such as category management, supplier management, inventory management, and product development. . Manual processes in spend management cause many mistakes and errors in data.

Spend management 172

Spend management Management Real-time Visibility Budget 172

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. Enable Data-Driven Decisions With predictive analytics, governments can anticipate market trends and make strategic procurement choices.

Supply Chain Efficiency 52

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

Procurement Express

FEBRUARY 28, 2025

But to do that effectively, you need the right tech stack to streamline processes, automate tedious tasks, and provide real-time financial insights. Some focus on cloud accounting and bookkeeping, while others specialize in forecasting, budgeting, purchasing, and compliance. What are virtual CFO tools?

Real-time Visibility 52

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

Jaggaer

MARCH 24, 2025

These procurement technologies empower teams to move beyond traditional methods, using data-driven insights for smarter sourcing, demand forecasting, and risk management. Predictive AI, on the other hand, uses historical data to forecast potential disruptions, price changes, and supply chain risks.

Procurement 52

Procurement Supply Chain Optimization Real-time Visibility supply chain budgeting 52

SCMDOJO

MARCH 24, 2025

A favorable variance indicates that the company is spending less than planned, whereas a positive outcome means the company is spending more than the planned budget. 2) Planning & Budgeting Planning is a crucial part of any business activity. Why is Purchase Price Variance (PPV) Important?

Price 69

Price Purchasing supply chain budgeting Raw materials 69

Procurement Tactics

OCTOBER 16, 2022

The system gives the user accuracy, visibility, and control over whether the project can be profitable or not. Visibility of the workflow. Before the creation of ERP systems, the coordination of the involved parties in the project is time-consuming and takes a lot of effort. . Data security and risk management.

Real-time Visibility 130

Real-time Visibility Budget Inventory control Data 130

Fraxion

JANUARY 30, 2023

As facilitators of proactive spend management, we understand that giving authorized approvers the ability to access real-time budgets empowers informed decision-making and drives accountability. What are the benefits?

Budget 52

Budget Real-time Visibility Spend management Purchasing 52

Procurement Express

MARCH 9, 2025

If your company relies on vendors, an efficient purchase order (PO) system is essential for keeping cash flow predictable and preventing budget surprises. Keep contact details, payment terms, and order history organized in QuickBooks so you’re not scrambling for details when its time to place an order. The good news?

Purchase orders 52

Purchase orders Purchasing Real-time Visibility Budget 52

Planergy

MARCH 11, 2025

The seamless connection allows for automated invoice scanning, approval workflows, and real-time spend visibility. You can also view the Actual vs. Budget summary that provides information on both actual AP expenses and what was budgeted for that expense. The open P.O. The open P.O.

Real-time Visibility 52

Real-time Visibility Purchase orders Purchasing Export 52

Procurement Tactics

MARCH 27, 2023

Supply chain forecasting refers to the process of predicting demand by looking at past and present information to help businesses make decisions about their plan, budget, and stock inventory. All data and information in forecasting ensure that businesses will run smoothly and continuously grow.

supply chain budgeting 192

supply chain budgeting supply chain software solutions Supply Chain Optimization Agile and Lean Supply Chain 192

Procurement Express

DECEMBER 31, 2024

It integrates with cost accounting systems to track spending, ensures smoother workflows for accounts payable and accounts receivable, and provides real-time visibility into purchasing activities. By providing real-time insights, it helps businesses identify unnecessary spending and make informed decisions to optimize budgets.

supply chain software solutions 40

supply chain software solutions Purchase orders Procurement Real-time Visibility 40

TYA Suite

NOVEMBER 5, 2024

Spend management software offers companies the tools to streamline financial operations, monitor expenses, and maintain control over their budgets. These tools automate the tracking of purchases, invoices, and payments, making it easier for companies to stay within budget while improving operational efficiency.

Spend management 40

Spend management Management Real-time Visibility Budget 40

Planergy

DECEMBER 25, 2023

How to gain visibility and control of your indirect spend. Gone are the days when you must rely on historical data and make reactive decisions. Thanks to AI and other tools, you can now make better decisions with real-time data. But what exactly is FP&A, and how is it evolving with the advent of real-time data?

Real-time Visibility 52

Real-time Visibility Data Budget Strategic planning 52

Procurement Express

FEBRUARY 20, 2025

The right financial reporting software gives you real-time visibility into where money is going, automates tedious finance tasks, and helps you make smarter decisions faster. Financial reporting software helps businesses track, analyze, and present their financial data in a clear, structured way. Its a software problem.

Real-time Visibility 40

Real-time Visibility Spend management Budget Purchasing 40

IBM Supply Chain Blog

APRIL 24, 2024

An online retailer always gets users’ explicit consent before sharing customer data with its partners. A navigation app anonymizes activity data before analyzing it for travel trends. One cannot overstate the importance of data privacy for businesses today. The user can accept or reject each use of their data individually.

Data 78

Data Real-time Visibility Risk Networking 78

Jaggaer

FEBRUARY 5, 2025

Optimizing source-to-paythrough digital transformation streamlines every stage of your procurement strategy, improving visibility, efficiency, and collaboration. Ultimately, businesses looking to enhance their agility and data-driven decision-making will find significant value in modernizing their S2P workflows.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

ivalua

AUGUST 17, 2021

A recent study by Forrester found that the single greatest factor in increasing a supplier’s willingness to collaborate with and share innovations with a customer was timeliness of and visibility into payments. It is not uncommon for organizations to spend time on supplier enablement without achieving a huge amount.

Real-time Visibility 130

Real-time Visibility Suppliers Innovation Contract 130

ivalua

NOVEMBER 29, 2021

Lack of control or visibility into what is being spent and with which suppliers. Budgeting challenges as tail spend typically often not planned for . How to analyze your Tail Spend: Understanding spend data. Spend analysis enables automation of data cleansing, enriching and categorization. Who purchased it.

Buyers 130

Buyers Real-time Visibility Purchasing Spend management 130

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

ivalua

JULY 16, 2020

According to the study, almost all (95%) UK businesses have plans in place to address environmental concerns in the supply chain over the next 12 months; however, given the impact of COVID-19 on business operations and budgets, many of these could be impacted. Lack of visibility slowing plans to tackle environmental concerns.

Sustainability 130

Sustainability Real-time Visibility supply chain budgeting Supply chain 130

FourKites

DECEMBER 23, 2020

One additional area of focus is risk management, which, if left unchecked, can cause unexpected expenses to skyrocket within the other three budget areas. When creating a strategy for improving the productivity of your supply chain, you should analyze your costs within the following four areas: Staff time. 2: Right-size Your Inventory.

Supply Chain Efficiency 52

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

Finale Inventory

JANUARY 27, 2025

Introduction Modern warehouse operations demand precision, speed, and real-time visibility – qualities that a well-implemented warehouse barcode scanner system delivers with remarkable consistency. These systems serve as the eyes and hands of inventory control, transforming physical products into trackable digital assets.

Real-time Visibility 52

Real-time Visibility Warehouse operations Inventory Data 52

Finale Inventory

JANUARY 27, 2025

As warehouses grow more complex and customer expectations rise, rfid inventory management emerges as a transformative solution that addresses critical operational challenges. Modern businesses require real-time visibility into their stock levels, locations, and movements.

Inventory 52

Inventory Real-time Visibility Management supply chain software solutions 52

ivalua

OCTOBER 1, 2020

A recent study by Forrester found that the single greatest factor in increasing a supplier’s willingness to collaborate with and share innovations with a customer was timeliness of and visibility into payments. Organizations cannot improve invoice match rates when there is no visibility into the root causes of match failures.

Real-time Visibility 130

Real-time Visibility Networking Supply Chain Efficiency Suppliers 130

TYA Suite

OCTOBER 27, 2024

With automated systems, purchase orders can be generated based on predefined criteria, such as inventory levels or specific triggers, ensuring timely and accurate procurement. Real-time tracking and reporting capabilities allow organizations to monitor the status of purchase orders, deliveries, and payments.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

TYA Suite

JANUARY 27, 2025

The real estate industry, characterized by intricate processes and substantial investments, constantly seeks ways to enhance efficiency, reduce costs, and ensure timely project completion. From sourcing construction materials to hiring contractors, a well-organized is essential for timely project completion and cost control.

Real-time Visibility 40

Real-time Visibility Management Procurement supply chain budgeting 40

Procurement Tactics

JULY 20, 2023

This integration enables businesses to have real-time visibility into order status, inventory levels, and supplier performance, enabling them to make informed decisions and respond quickly to changing market demands. It eliminates the need for manual data entry, reduces errors, and speeds up the order processing cycle.

supply chain software solutions 134

supply chain software solutions Suppliers Management Purchase orders 134

SCMDOJO

MAY 6, 2022

The growth of coding capabilities and accessible resources can help several firms consolidate data sources and create real-time visibility throughout the end-to-end supply chain using no-code development platforms. The benefits include cost savings and a quick turnaround time from development to implementation.

supply chain software solutions 138

supply chain software solutions Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 138

Spend Matters

APRIL 4, 2024

The technology opens up a wealth of capabilities not previously possible for the procurement practitioner in terms of data availability, end-to-end visibility, cost, time and risk reduction, and ultimately the overall health of the third-party network. So you had one data source, one data point.

Real-time Visibility 110

Real-time Visibility Management e2e Risk management 110

Planergy

MARCH 18, 2025

Common disruptions such as economic instability, vendor delays, natural disasters, and supply shortages uniquely challenge schools due to tight budgets and rigid schedules. Tools like PLANERGY enhance supply chain resilience by providing real-time tracking, data-driven insights, and streamlined communication with suppliers.

supply chain budgeting 52

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

Planergy

FEBRUARY 24, 2025

While less visible, these procurement areas are crucial for maintaining a functional educational environment. 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.

Procurement 52

Procurement supply chain budgeting Supply Chain Efficiency Budget 52

Procurement Express

JANUARY 30, 2025

Between juggling remote office setup reimbursements, tracking software subscriptions, and coordinating with vendors across time zones, its easy for things to spiral. And lets be real. Effective communication about budgets and policy enforcement doesnt always reach the entire team. Dont skim on financial data protection 13.

Management 40

Management Budget Real-time Visibility Purchasing 40