Procurement Tactics

JULY 20, 2023

However, with the advancement of technology, businesses now have access to software that simplifies and automate the entire order management process. In this article, we will explore what supplier order management software is, its benefits, and some of the best software options available in the market.

supply chain software solutions 134

supply chain software solutions Suppliers Management Purchase orders 134

Supply Chain Collaborator

AUGUST 17, 2018

After all, when it has to be there on time and lead time is already short, simply finding a carrier willing to move the freight at any price can seem like a win. Does your TMS solution provide a competitive bid spot bid management tool? Does your TMS solution provide a competitive bid spot bid management tool?

Budget 100

Budget Competitive bidding Bidding Logistics 100

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. By using PPV, managers can identify inefficiencies in cost-saving strategies by detecting cost overruns and underruns, allowing them to take corrective actions.

Price 69

Price Purchasing supply chain budgeting Raw materials 69

Jaggaer

MARCH 7, 2025

The UAE, a leader in government digitalization, continues to set new benchmarks by integrating AI-powered procurement solutions that streamline sourcing, supplier management, and contract execution. But what does the future hold for public procurement, and how can technology fine-tune the process to perfection?

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

TYA Suite

NOVEMBER 5, 2024

Spend management software offers companies the tools to streamline financial operations, monitor expenses, and maintain control over their budgets. From small enterprises to large corporations, businesses of all sizes can benefit from implementing a robust spend management tool.

Spend management 40

Spend management Management Real-time Visibility Budget 40

TYA Suite

OCTOBER 27, 2024

Using a procurement management system is one practical strategy to strengthen these connections. This comprehensive guide explores what procurement management software is, its key features, its role in vendor relations, its integration with business processes, and the benefits it offers.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

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. Fewer Emails Procurement teams typically manage more suppliers than Sales teams do customers. All of this leads to both inconsistencies and avoidable human error.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency Purchase orders 52

ivalua

SEPTEMBER 2, 2020

Redwood City, CA September 2, 2020 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced the availability of a pre-packaged procurement suite for construction and engineering companies. Just in time work package procurement from sourcing to payment of contractors.

Spend management 26

Spend management Agile and Lean Supply Chain Management Real-time Visibility 26

Spend Matters

OCTOBER 10, 2023

Pre-pandemic, T&E spending represented a significant portion of a company’s discretionary budget. As business travel rebounds to pre-pandemic levels, finance leaders must leverage this window to reassess, re-evaluate, and re-imagine travel and expense management processes and strategies.

Real-time Visibility 117

Real-time Visibility Management e2e Budget 117

Planergy

MARCH 11, 2025

Modern Spend Management and Accounts Payable software. How better management in AP can give you better flexibility for cash flow management. The seamless connection allows for automated invoice scanning, approval workflows, and real-time spend visibility. What's PLANERGY? The open P.O.

Real-time Visibility 52

Real-time Visibility Purchase orders Purchasing Export 52

Finale Inventory

JANUARY 27, 2025

Introduction Radio Frequency Identification (RFID) technology has revolutionized how businesses track and manage their inventory, offering unprecedented accuracy and efficiency for small to medium-sized eCommerce and retail operations. 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

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. Her first piece of advice would be: Dont. Not yet anyway!

Procurement 73

Procurement Real-time Visibility Change management Data 73

Spend Matters

APRIL 4, 2024

Compliance and risk management is a growing and interesting use case of GenAI for procurement, finance and, of course, legal operations. Its uptake is only going to grow as organizations begin to rely on its power to tackle big business issues, such as third-party risk management (TPRM). 20 years ago, risk management was way simpler.

Real-time Visibility 110

Real-time Visibility Management e2e Risk management 110

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. Fortunately, QuickBooks Online gives you a simple way to manage purchase orders, streamline approvals, and keep vendor relationships smooth. The good news? Heres how to get started.

Purchase orders 52

Purchase orders Purchasing Real-time Visibility Vendor relationships 52

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

Spend Matters

FEBRUARY 25, 2025

So, considering its past record of poorly managing digital initiatives and the growing need to respond to ever more frequent and profound changes (both representing threats and opportunities), Procurement must urgently learn from the past and find new ways to transform and move forward. Time and resources can also be a stopping point.

Real-time Visibility 113

Real-time Visibility e2e Procurement Negotiation 113

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. Impact on Procurement: Spend analytics give CPOs visibility into spending patterns, supplier performance, and inefficiencies. Ready for Long-Term Procurement Success?

Procurement 52

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

Procurement Express

JANUARY 30, 2025

Remote employees work from anywhere, which sounds great until your accounting team is struggling to manage a patchwork of financial processes. 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.

Management 40

Management Budget Real-time Visibility Purchasing 40

Planergy

MARCH 10, 2025

Modern Spend Management and Accounts Payable software. How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Managing data effectively is at the heart of every successful educational organization. What's PLANERGY?

Data 52

Data Management Budget Real-time Visibility 52

Procurement Express

DECEMBER 31, 2024

Procurement managers are pros when it comes to negotiating deals down to the penny, working closely with suppliers to secure terms that place them at a strategic advantage. In this article, we’ll go over a few ways to improve the process: education, gaining spend visibility , categorizing spend by supplier or department, etc.

Spend management 40

Spend management Strategy Management Real-time Visibility 40

Procurement Tactics

MAY 31, 2023

Inventory Control: What is it? Inventory control, also known as stock control, refers to the process of managing and regulating a company’s inventory levels to ensure efficient and cost-effective operations. It is a way for a company to manage its supply to make sure it has enough but not too much.

Inventory control 174

Inventory control Inventory Real-time Visibility supply chain budgeting 174

Let's Talk Supply Chain

MARCH 24, 2025

This unpredictability makes it challenging for businesses to effectively budget and plan ‍for the future. Companies must also contend with the risk of geopolitical tensions impacting trade relations, adding ‍another layer of complexity ‍to their supply chain management efforts.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Demand 52

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

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

Procurement Tactics

OCTOBER 16, 2022

The system usually includes the management of contractors, subcontractors, construction accounting, payroll, and service operations in a central database. . The system gives the user accuracy, visibility, and control over whether the project can be profitable or not. Management of contractors. Management of subcontractors.

Real-time Visibility 130

Real-time Visibility Budget Inventory control Data 130

SCMDOJO

FEBRUARY 5, 2025

MCIPS: The Gold Standard in Procurement Qualifications MCIPS is a globally recognized professional qualification that signifies a deep understanding of procurement and supply management. The interactive approach caters to learners who want to develop practical skills and gain real-world insights.

Procurement 59

Procurement Real-time Visibility supply chain budgeting Supply Chain Optimization 59

Procurement Express

DECEMBER 31, 2024

There are enterprise resource planning (ERP) systems, which are complex systems designed to help companies manage all ends of the supply chain. How Does Procurement Management Software Work? How Does Procurement Management Software Work? Gain real-time insights to eliminate unnecessary spending and stay within budget.

supply chain software solutions 40

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

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. Some solutions focus on general accounting, while others prioritize procurement, approvals, and spend management. Its a software problem.

Real-time Visibility 40

Real-time Visibility Spend management Budget Purchasing 40

Procurement Express

DECEMBER 24, 2024

Its the foundation for managing company spend, keeping cash flow in check, and making sure your team doesnt spend three days tracking down a single lost receipt. Purchasing is about getting the right stuff at the right time from the right suppliers for a fair price without blowing up your budget or your supplier relationships.

Purchasing 40

Purchasing Purchase orders supply chain budgeting Budget 40

Planergy

FEBRUARY 24, 2025

Modern Spend Management and Accounts Payable software. How better management in AP can give you better flexibility for cash flow management. While less visible, these procurement areas are crucial for maintaining a functional educational environment. Though it makes budgeting a bit more complex , its often worth it.

Procurement 52

Procurement supply chain budgeting Supply Chain Efficiency Budget 52

Spend Matters

MARCH 26, 2024

In today’s dynamic business landscape, effective spend management is crucial for maintaining financial controls and achieving sustainable growth. However, many organizations still find themselves grappling with cumbersome and needlessly complex legacy spend management technologies which hinder, rather than facilitate, their efforts.

Spend management 114

Spend management Management Real-time Visibility Innovation 114

Supply Chain Game Changer

SEPTEMBER 22, 2022

Using an automated system for procurement and procurement management is critical to succeeding in today’s business world. As a procurement manager, you’re going to be responsible for the entire procurement process running smoothly. Spend Visibility. Transparency is a good thing when it comes to spending visibility.

supply chain budgeting 101

supply chain budgeting Real-time Visibility supply chain software solutions Procurement 101

ivalua

JULY 16, 2020

16th July 2020, London – Research from Ivalua, a leading provider of spend management cloud solutions, has shown that six-in-ten (60%) UK businesses have decreased their investment in sustainability initiatives due to the COVID-19 pandemic. Lack of visibility slowing plans to tackle environmental concerns.

Sustainability 130

Sustainability Real-time Visibility supply chain budgeting Supply chain 130

Planergy

MARCH 18, 2025

Modern Spend Management and Accounts Payable software. How better management in AP can give you better flexibility for cash flow management. Common disruptions such as economic instability, vendor delays, natural disasters, and supply shortages uniquely challenge schools due to tight budgets and rigid schedules.

supply chain budgeting 52

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

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

TYA Suite

NOVEMBER 15, 2024

This introduction to supplier risk management outlines the importance of effectively identifying and managing risks that may arise from suppliers. Supplier risk management is crucial for businesses, as it helps them mitigate potential challenges that can disrupt operations. This process is known as supplier risk management.

Risk management 40

Risk management Risk Suppliers Strategy 40