Spend Matters

OCTOBER 24, 2024

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. To potential buyers — COVALYZE can save category managers and buyers significant time and money, as it takes away many of the manual processes historically required of these roles.

e2e 114

e2e Data interpretation Buyers Data 114

ivalua

MARCH 9, 2023

S2P is the end-to-end process that encompasses all the activities between an organization and its suppliers. The contracts govern the relationship between the buyer and supplier, an essential process to inform Procure-to-Pay. Also included: supplier improvement plans, innovation plans and overall supplier collaboration.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Jaggaer

FEBRUARY 5, 2025

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Negotiation with suppliers implies direct human interactions: face-to-face, by phone or email etc.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Spend Matters

JUNE 21, 2024

Intake and orchestration (I&O) solutions can transform initial customer requests and subsequent interactions for just about any business into streamlined, end-to-end, secure and transparent engagements. To understand their proposition read our Buyers Guide To Intake and Orchestration solutions.

e2e 104

e2e Procurement team Procurement Contract 104

Supply Chain Game Changer

NOVEMBER 19, 2018

From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. The Supply Chain is directly responsible for the payment terms for Accounts Payable, Inventory (this does vary between companies), and even the negotiated terms for Capital purchases. Cost and Profit Management.

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain supply chain budgeting Supply chain Raw materials 84

Pipefy

FEBRUARY 13, 2023

This includes: Sourcing Solicitation Issuing payments Supplier management Vetting new suppliers Negotiating terms Setting up contracts Example of the S2P process ( click here to enlarge ) Source-to-pay is similar to procure-to-pay (P2P), but it differs slightly. They also make it easy for buyers to compare suppliers and negotiate.

Sourcing 52

Sourcing e2e Purchase orders Bidding 52

Jaggaer

OCTOBER 24, 2024

Your goal might be to transition from purely traditional buyer-supplier business arrangements, fine-tune strong supplier relationships that yield average results, or something in between. These may also emerge during contract negotiations and any supplier development programs, resulting in more favorable terms with more reliable suppliers.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Agile and Lean Supply Chain 52

The Procuretech Podcast

APRIL 12, 2022

He tells the story of how in his short time dealing with procurement professionals, he often found himself offering the same advice and amending the exact same clauses each time he was asked to get involved in a contract negotiation process. How to simplify and self-serve legal advice to buyers.

Contract 52

Contract Negotiation Buyers Procurement team 52

Procurement Software

JUNE 20, 2023

SimpliContract SimpliContract is a SaaS-based, AI-powered end-to-end enterprise contract authoring and lifecycle management platform. Trakti Trakti is a contract negotiation and management platform integrated with blockchain, and specifically focusing on contract authoring.

Contract management 52

Contract management Contract e2e Management 52

Procurement Software

APRIL 4, 2023

Supplier evaluation and selection Once the suppliers have applied to quote/tender, the buyer must examine the responses and identify a shortlist of potential suppliers. Purchase order As well as negotiating the best price for the goods or services, the buyer must review the terms and conditions.

Procurement 59

Procurement e2e Purchase orders Buyers 59

Jaggaer

DECEMBER 13, 2024

Or alternatively, as senior managers we only see the end results of procurement as figures on a spreadsheet or a financial statement, with little awareness of how they are arrived at and how they can be improved. To understand whats really going on we need, first, to step back and get a holistic view of the end-to-end process.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

Jaggaer

DECEMBER 13, 2024

P rocure-to-pay ( P2P ), the downstream part of the end-to-end supplier management and procurement process, focuses on the expenditure side of the business. The order-to-cash (O2C) process involves receiving and fulfilling a buyers request for goods or services. Order-to-Cash ( O2C ) focuses more on the revenue side.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Buyers Vendor relationships 52

Pipefy

FEBRUARY 3, 2023

The information listed in invoices helps the accounts payable team keep track of company spending and purchase trends to better predict needs, which in turn improves the purchasing team’s sourcing and strengthens negotiation power. Department level $3.31 $2.72 $2.71 $2.68

e2e 59

e2e Management Purchase orders Real-time Visibility 59

Procurement Software

MARCH 7, 2023

Industry jargon refers to sourcing and the negotiation of terms and conditions as the “upstream” part of the process. Improvements to end-to-end supply chain efficiency. Negotiation of terms and conditions, without the need to imminently issue a PO as is the case in more transactional processes.

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

Pipefy

JUNE 14, 2023

Visibility into procurement categories and effective management of categories fosters benefits like greater risk management and less costly supplier redundancies. Spend analytics creates the visibility procurement teams need to complete a spend analysis. ignoring the importance of data quality, 2. focusing solely on cost reduction, 3.

e2e 52

e2e Real-time Visibility Contract Procurement team 52

Procurement Software

MARCH 5, 2024

Lavenir AI LavenirAI is a conversational AI-powered procurement negotiation training platform. Designed by procurement specialists, for procurement professionals, LavenirAI was developed to raise the bar for procurement negotiation. It promises to assist with improving buyer and supplier collaboration.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Pipefy

MAY 3, 2023

This payment for request is usually provided to companies in the form of an invoice, which is a document that serves as an itemized record of the transaction between the buyer and the seller. Step 1: Receive invoice After a purchase order is fulfilled and received, the supplier or vendor will issue an invoice to the buyer.

e2e 52

e2e Purchase orders Purchasing Suppliers 52

Procurement Software

JULY 4, 2023

Ultimately, digital procurement enables organisations to enhance the overall procurement experience, as well as increase efficiencies and transform their end-to-end procurement function. RPA will over time take away a lot of the need for operational buyers and purchase admin roles. What is procurement tech?

Supply Chain Efficiency 52

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

Pipefy

OCTOBER 24, 2023

This gives teams more visibility and control by providing a central hub for all purchases, payments, and other information. Better visibility improves alignment between buyers, legal teams, and accounts payable. Buyers get what they need with every request without having to chase after information.

Real-time Visibility 52

Real-time Visibility e2e Procurement Procurement team 52

Pipefy

JANUARY 30, 2024

6 procurement technologies to improve your business Transform analog, manual, and paper-ridden processes with end-to-end digitization and automation to improve security, visibility, and control with these six procurement technologies. It’s also a great source for making better, more data-driven business decisions.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

Pipefy

NOVEMBER 24, 2023

This process grants transparency and visibility into purchase orders and approvals to a sometimes surprising degree. When properly equipped with the right platforms, procurement teams can achieve benefits such as increased efficiency and productivity, cost savings, better supplier management, and improved process visibility and transparency.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Procurement Software

FEBRUARY 6, 2024

Workfellow offers a next-generation end-to-end visibility into workflows, systems usage, and tasks. These assist with management of supplier information by improving supplier insights, providing business intelligence, and enhancing buyer-supplier innovation. These all help to drive supply chain impact.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Negotiation 52

Procurement Software

MAY 14, 2024

Enhanced Efficiency and Visibility: By adopting process orchestration tools and platforms, businesses gain real-time insights and control over their procurement activities, facilitating quicker decision-making and improved risk management. You can now relieve your Buyers of their overflowing inboxes or voice messages.

Procurement 52

Procurement Real-time Visibility e2e Chief Procurement Officer 52

Procurement Software

DECEMBER 5, 2022

Industry jargon refers to sourcing and the negotiation of terms and conditions as the “upstream” part of the process. Improvements to end-to-end supply chain efficiency. Negotiation of terms and conditions, without the need to imminently issue a PO as is the case in more transactional processes. Supplier due diligence.

Sourcing 52

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 52

Procurement Software

JULY 18, 2023

We also touch on a few more niche solutions for SMEs, for example project management software, supplier intake, accounts payable automation, “build-a-bot”, as well as a negotiation planning guidance tool. It gives you full visibility of your spend data, all in one place. Contract Management 9.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Claritum

OCTOBER 12, 2018

For example in the Retail Sector, The Category Manager is moving to be an “In-store expert” in the visual merchandising, pricing, management, and sales of a certain group or type of products and not just a buyer. Typically the purchasing activity, and hence the automation processes, are set up for a buyer to interact with a supplier.

Procurement 47

Procurement Eprocurement Category management Purchasing 47

Pipefy

DECEMBER 20, 2023

It also benefits end-to-end procurement management since visibility and transparency are emphasized. An analysis of buyer-supplier workflows and interactions at every stage of the procurement framework and lifecycle must be continuously performed to efficiently and continuously meet and predict demands and opportunities.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Strategic planning 52

HICX

AUGUST 4, 2022

In turn, this has led to high levels of interconnectedness and dependence between organizations, as well as abundant choice for the buyer, whether consumer or business. Furthermore, failure to tackle data quality issues created in the past will hamper the ability to obtain full visibility, thus creating even more ambiguity.

Suppliers 52

Suppliers e2e Real-time Visibility Collaboration 52

Pipefy

JANUARY 31, 2023

The report also found that of the top five biggest day-to-day pain points experienced by buyers, 29% reported complex approval processes. This complexity creates headaches for procurement teams and fuels an error-prone and resource-consuming approval loop that obstructs visibility into the approval process.

Purchasing 52

Purchasing Purchase orders Real-time Visibility e2e 52

Pipefy

MAY 9, 2023

Effective modern procurement requires end-to-end process tracking to both view and control the costs, sourcing, quality, and delivery times associated with acquired goods and services. Buyers that don’t use enough suppliers make themselves vulnerable to dependency on one for certain goods or services.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Procurement Software

JANUARY 23, 2024

End-to-end encryption provides a uniquely secure way to sign and store contracts, eliminating the need for dedicated servers and VPN connections. Specific and sustainable supplier catalogues are included, allowing users to benefit from Hivebuy’s bulk buyer conditions. This enables teams to make decisions and remain in control.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Real-time Visibility 52

World of Procurement podcast

NOVEMBER 7, 2021

I didn't have to do, I was never a buyer. Then, an, a buyer side platform and the buyer side, we fully configure to conform to the enterprise's own onboarding processes and workflows. I moved into banking, and used to be in advisory for finance and oil and gas companies. I mean, honestly, probably nowhere near procurement.

Procurement 52

Procurement Suppliers supply chain software solutions Contract 52

Procurement Software

FEBRUARY 20, 2024

Feature highlights include: Easy to use five-category classifications, best in class enterprise taxonomy, the ability to gain insights from trend analysis and organisation behaviours, 100% spend visibility and proprietary machine learning algorithms designed to deliver accuracy. M&A) The solution gives you full spend visibility.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59