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Spend Matters Future 5 2024 – Introducing COVALYZE

Spend Matters

Following months of debate based on extensive knowledge of the many procurement technologies they have demoed, analyzed and benchmarked, they arrive at a list of five young providers that they believe are innovative and exciting, have a rapidly rising presence in the market, can grow sustainably and which every CPO should have on their radar.

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Release Your AP Team with Invoice-to-Pay

ivalua

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. AP teams need to embrace digital data and think end-to-end. What is Invoice-to-Pay? How does Invoice to Pay Work?

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Evaluating Intake and Orchestration vendors: A simple 3-step guide

Spend Matters

Yet buyers agonize over purchasing a car — with good reason. Orchestration : Beyond the technical aspects, how does the system handle data harmonization, task handover and visibility, and automation? Just as all car buyers are different, no two companies are exactly alike. Selecting a software vendor is a bit like buying a car.

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The top capabilities of Spend Analytics solutions

Spend Matters

The top vendors extend the analytics schema to also support predictive data analysis, AI/ML models or real-time visibility across many systems. These techniques can categorize incoming data based on similarities to already captured data, further cutting down the amount of time a buyer needs to spend on data management.

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13 Best Contract Management Software for the Mid-market

Procurement Software

SimpliContract SimpliContract is a SaaS-based, AI-powered end-to-end enterprise contract authoring and lifecycle management platform. We did a Live Demo stream with Cobblestone back in October 2022. It offers a user-friendly software solution for managing the entire source to contract process.

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Predictive Procurement: Overcoming Challenges in Health and Pharma

Arkestro

Supply Chain Visibility. Supply chain visibility is another critical issue. Visibility provides regulatory and consumer assurance in the face of issues like counterfeiting. To combat these issues, health and pharma need supply chain visibility—all the way down the supply chain. Managing Supplier Relationships.

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AI in commerce: Essential use cases for B2B and B2C

IBM Supply Chain Blog

Over 90% of business buyers say a company’s customer experience is as important as what it sells. To avoid this, it’s crucial for businesses to carefully plan and design intelligent automation initiatives that prioritize the needs and preferences of their customers, whether they are consumers or B2B buyers.