Pipefy

DECEMBER 20, 2023

This also leads to more advantageous strategic sourcing. Strategic procurement prioritizes planning and strategizing for long-term benefits across the entire procurement process and alignment with business goals, while operational procurement focuses on purchasing and sourcing services strictly for maintaining day-to-day operations.

Supply Chain Efficiency 52

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

Procurement Software

APRIL 4, 2023

This is sadly missing from ERP systems, as well as some of the legacy source-to-pay suites. However, the end user and the supplier must also be placed at the centre of the user experience. To highlight this, let’s look into the source-to-pay (S2P) process to provide a working example. It’s design and feel is clunky and dated.

Procurement 59

Procurement e2e Purchase orders Buyers 59

Arkestro

DECEMBER 12, 2022

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.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Supply Chain Opz

MARCH 6, 2015

However, complex supplier relationships, unreliable sources of material supply, and ever-increasing customer expectations greatly add to the expectations to select the best suppliers and conduct their operations more efficiently. One of these trends, in addition to inventory keeping, is dual/multi-sourcing.

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Supply chain e2e 111

Jaggaer

OCTOBER 22, 2020

Attijariwafa Bank has successfully implemented a source-to-contract solution with the JAGGAER ONE platform. Taghrichte reported that JAGGAER had enabled it to maintain continuity of service throughout the pandemic while efficiently sourcing protective equipment for its staff at short notice. It has subsidiaries in Europe and in Egypt.

Suppliers 52

Suppliers Strategy Supply Chain Efficiency Agile and Lean Supply Chain 52

ivalua

MARCH 9, 2023

A comprehensive Source-to-Pay platform is a critical component of an organization’s IT environment. What is Source-to-Pay? The Source-to-Pay process itself is quite broad but it covers most if not all the aspects of a procurement organization, at least from a process and technology perspective.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Pipefy

JANUARY 11, 2023

Procurement teams are now expected to perform as a strategic, value-creating business partner that improves business agility, financial visibility, process resilience, and competitiveness. In 2022, the five biggest procurement issues experienced by B2B buyers were: Reliable delivery (43%). Complex purchasing systems (31%).

Strategy 52

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

Jaggaer

OCTOBER 8, 2019

We dealt with one of them in the previous article in this series: the need to integrate data across the full spectrum from source-to-pay. Get additional data from new sources where you need them, e.g. about supply chain or financial risks. It identified a couple of key challenges. 4) The “Day of Digitalization”. One platform.

Procurement 40

Procurement e2e Agile and Lean Supply Chain supply chain software solutions 40

Let's Talk Supply Chain

AUGUST 12, 2024

Altana is the world’s first Value Chain Management System – a unified, comprehensive approach that goes far beyond supply chain risk management, with unprecedented visibility, contextualized netrt across business areas, and a collaborative network with end-to-end workflows to get jobs done. 52.14] The future for Altana. “An

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization e2e Supply Chain Efficiency 52

Pipefy

FEBRUARY 13, 2023

A company’s procurement department is driven by various processes and teams, including purchasing and accounts payable. One of the tactical processes leveraged to realize strategic goals is the source-to-pay process. Build better workflows with the Definitive Guide to Workflow Management Download now What is the source-to-pay process?

Sourcing 52

Sourcing e2e Purchase orders Bidding 52

Supply Chain Game Changer

NOVEMBER 10, 2018

In this climate, buyers are relying on suppliers more than ever before. And buyers aren’t collaborating with suppliers merely as providers of materials and goods, but as strategic partners that can help create products that are competitive differentiators. They may even take over the provisioning of an entire end-to-end solution.

Collaboration 66

Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 66

Spend Matters

JUNE 24, 2024

Yet buyers agonize over purchasing a car — with good reason. What are you hoping to achieve with this purchase, and what essential components will deliver this result? Orchestration : Beyond the technical aspects, how does the system handle data harmonization, task handover and visibility, and automation?

e2e 72

e2e Contract Sourcing Buyers 72

Procurement Software

MAY 16, 2023

Above $1 billion businesses are typically a target of established, enterprise source-to-pay and source-to-contract suites. Onventis Onventis provides a Procure-to-Pay module for buyers that streamlines the procurement process from purchasing to payment.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

Pipefy

JANUARY 30, 2024

That’s where procurement, sourcing, and purchasing technology comes in. 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.

Agile and Lean Supply Chain 52

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

Una

AUGUST 30, 2022

Strategic sourcing experts are using machine learning to categorize and manage spend, AI to better predict demand, and act upon alerts such as contract expiry/renewals. How to Optimize Your Spend with a Strategic Sourcing Process. IT Procurement | Stranger Things Keeping IT Buyers Up at Night. Digital procurement game-changers.

Procurement 98

Procurement e2e Supplier relationship management Real-time Visibility 98

Procurement Software

JULY 18, 2023

When you think of the best purchasing software solutions for SMEs, or procurement tech in general, you probably think “expensive” This list of 15 procurement tools specifically targeted to smaller and growing businesses will prove it’s not so. Source-to-Contract (S2C) 1. How do you define an SME?

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Pipefy

FEBRUARY 3, 2023

Invoices provide procurement teams the ability to leverage information from past purchases to better inform future purchases. Automated invoice processing simplifies end-to-end invoice processing activities by eliminating the time and costs associated with manually processing invoices.

e2e 59

e2e Management Purchase orders Real-time Visibility 59

Procurement Software

MARCH 5, 2024

At its heart is a source-to-pay suite offering a range of functionality, with a complete suite of cloud-based modules. These modules can be purchased separately or as one complete suite. It promises to assist with improving buyer and supplier collaboration. Automated alerts help you track supplier performance and analysis.

Real-time Visibility 52

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

Zycus Cognitive Procurement

DECEMBER 10, 2021

Advantage Source-to-Pay(S2P). The Source-to-Pay(S2P) process begins with identifying and evaluating relevant suppliers, contracting with those suppliers, placing orders, monitoring the supply of the ordered products and services, authorization, and the final release of payment. Learn More: Zycus Source to Pay Suite.

Sourcing 52

Sourcing e2e Contract supply chain budgeting 52

Pipefy

JANUARY 31, 2023

Procurement risks occur as a result of unreliable purchasing and P2P processes. The procure-to-pay (P2P) process , also sometimes referred to as purchase-to-pay, is a structured workflow that involves receiving goods or services and issuing payments. Procurement risks occur wherever visibility and control are limited.

Risk 52

Risk Procurement e2e Purchase orders 52

Pipefy

MAY 3, 2023

Company purchases are a common and necessary part of running a business, whether it’s for office supplies, outsourced services, or raw goods. When these purchases are made, they’re usually issued using a line of credit; companies place an order, the vendor or supplier provides the goods or services, and then payment is requested.

e2e 52

e2e Purchase orders Purchasing Suppliers 52

Pipefy

JUNE 14, 2023

Key takeaways Spend data is the information related to a company’s spending, specifically goods and services purchased from external suppliers or vendors. Visibility into procurement categories and effective management of categories fosters benefits like greater risk management and less costly supplier redundancies. What is spend data?

Real-time Visibility 52

Real-time Visibility e2e Contract Procurement team 52

Pipefy

NOVEMBER 24, 2023

In fact, 98% have plans for investments or upgrades in analytics and insights tools, automation, and AI-driven optimization of purchasing decisions. Pure platforms only handle procurement processes and are primarily used by large companies with a dedicated purchasing team that manages complex processes. What are procurement tools?

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Procurement Software

FEBRUARY 20, 2024

If you’re a consultancy, an investor, or a solution provider and need to do deeper analysis of the market, we also offer subscriptions to our back end database , with all data points searchable. Apadua Apadua is a professional services sourcing software, based in Cologne, Germany. The platform is especially suited for SMEs.

Supply Chain Efficiency 59

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

Jaggaer

JUNE 28, 2024

Iain went on to point out that you need visibility over all of these moving parts in a dynamic environment. Products that used to be profitable in the past may not be today when you add up all the costs in the end-to-end direct supply chain, all the way from sourcing raw materials to delivering final product.

Leadership 52

Leadership Agile and Lean Supply Chain Raw materials Influencing 52

Pipefy

MAY 9, 2023

Build a more efficient and connected procure-to-pay process with The Definitive Guide to P2P Optimization Importance of procurement KPIs Procurement has evolved over the years from transactional functions (now associated with purchasing) to encompass strategic activities focused on maximizing and creating value for a business.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Procurement Software

JUNE 20, 2023

Not only that, it also offers a single source of truth, having all of your contract documents and contract management data in one place. If you’re not an enterprise company, any software you purchase needs to be versatile, easy to use and fast to implement. Contract management software covers a pretty broad spectrum.

Contract management 52

Contract management Contract e2e Management 52

Spend Matters

JUNE 19, 2023

Spend Analytics solutions provide a single view into all historic, current and planned supplier spending in order to improve that spending through better sourcing, compliance and demand management. The top vendors extend the analytics schema to also support predictive data analysis, AI/ML models or real-time visibility across many systems.

Real-time Visibility 76

Real-time Visibility Data e2e Quality 76

Procurement Software

JULY 4, 2023

It also provides real-time data and analytics that can be used to improve purchasing decisions. Ultimately, digital procurement enables organisations to enhance the overall procurement experience, as well as increase efficiencies and transform their end-to-end procurement function.

Supply Chain Efficiency 52

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

IBM Supply Chain Blog

SEPTEMBER 20, 2021

Goods arrived exactly when needed, waste and holding costs were kept to a minimum, and single source strategies prevailed due to ease and cost savings. One overarching lesson supply chain leaders have learned is that customers increasingly want full visibility of supply chains from inventory to last-mile logistics.

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Zycus Cognitive Procurement

MARCH 25, 2021

Electronic invoicing (e-Invoicing) is the invoice document exchange between a supplier and a buyer in an integrated electronic format. It fully automates the process of invoice capture with data being read and routed straight from the supplier into the buyer’s AP system regardless of the format of the invoice. Sources: [link].

e2e 40

e2e Real-time Visibility Supply Chain Efficiency Buyers 40

Pipefy

OCTOBER 24, 2023

For all industries and companies of all sizes, purchasing plays a critical role in helping teams operate effectively. This process is fundamental for increasing efficiency, saving money, and mitigating risks — and the impact of a broken purchase process is too costly to ignore.

Real-time Visibility 52

Real-time Visibility e2e Procurement Procurement team 52

ivalua

SEPTEMBER 24, 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. AP teams need to embrace digital data and think end-to-end. What is Invoice-to-Pay? How does Invoice to Pay Work?

e2e 100

e2e supply chain budgeting Supply Chain Efficiency Suppliers 100

Claritum

OCTOBER 12, 2018

Are you a 2-dimensional or a 3-dimensional purchasing organisation? Automation for the 3-dimensional purchasing organisation. However, when you look at automation tools it seems there is no way to manage a purchase process without these tools involving you directly in the process. Defining the Perfect Procurement World.

Procurement 47

Procurement Eprocurement Category management Purchasing 47

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. It supports them in budgeting, requesting, and ordering articles and services for their business, while benefiting from better purchasing conditions.

Procurement 52

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

World of Procurement podcast

NOVEMBER 7, 2021

It's a pretty cool platform that automates a whole bunch of, well, a whole bunch of things regarding onboarding the purchase order, invoicing elements, and even contract elements. I didn't have to do, I was never a buyer. Today, this is such a cool episode with Natasha from Paid. And Natasha from paid is a wow. So, and automate that.

Procurement 52

Procurement Suppliers supply chain software solutions Contract 52

HICX

NOVEMBER 29, 2022

How the technology landscape relates to the end-to-end management of the relationship, particularly after onboarding, is crucially important but is often overlooked. Have I got a purchase order? Has the purchase order come in? Where do I send the invoice? How do I get paid? Who do I phone to chase up?

Suppliers 52

Suppliers e2e Purchase orders Data 52