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Digital success – What makes procurement’s challenge so different?

Spend Matters

Larger organizations likely have matured and updated their tech environment over many years with best-of-breed or suite solutions, so its easier for them to get the organization on board with an end-to-end digital transformation. Time and resources can also be a stopping point. Adoption will not happen automatically.

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How can integrating more efficient and effective ProcureTech modules within a decentralized architecture framework eliminate non-usage?

Procurement Insights

Unlike end-to-end Source-to-Pay (S2P) platforms (e.g., Impact: Ensures 95-100% usage by adapting to real-time requirements, avoiding static S2P features that lag (e.g., 50K for AdaptOne vs. $500K for Ivalua) ensures budgets align with active functions, not dormant ones. sourcing, supplier management, invoicing).

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What are End-to-End Processes?

Pipefy

This approach to taking your business to the next level often involves end-to-end (E2E) processes to deliver solutions. This guide examines the benefits, challenges, and major steps of implementing these processes and includes real-world examples. What is an end-to-end process?

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Supply chain visibility in the energy and utilities industry

IBM Supply Chain Blog

For the energy and utilities industry (E&U), time is not on their side. Equipment-heavy and reliant on an aging infrastructure, E&U clients suffer from costly supply chain disruptions as wear, tear and time take their toll. Visibility. However, maintenance inventory optimization is only part of the solution.

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The new shape of business travel is here, so why are some still using rigid expense management systems?

Spend Matters

Pre-pandemic, T&E spending represented a significant portion of a company’s discretionary budget. Real-time expense automation is the future. A nearly identical amount (89%) says the organizational ability to track spending in real-time will be commonplace or a differentiator in the same timeframe.

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Source-to-Pay Digital Transformation: Roadmap for Efficiency and Resilience

Jaggaer

Optimizing source-to-paythrough digital transformation streamlines every stage of your procurement strategy, improving visibility, efficiency, and collaboration. These begin with enhanced visibility. Digital S2P platforms provide real-time insights into supplier performance, contract compliance, and spending patterns.

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The future of AI-enhanced third-party management

Spend Matters

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. AI can simplify this because it not only collects but connects data.