Spend Matters

OCTOBER 23, 2023

In this Spend Matters Vendor Analysis we provide an overview of AnyData Solutions and its solution for spend analytics, contract management, supplier relationship management and ESG/performance tracking. AnyData is one such data expert. Today, data-driven analysis is still at the heart of all of its offerings.

Contract management 114

Contract management Contract Supplier relationship management Management 114

Procurement Templates

NOVEMBER 21, 2024

Coupa, Ariba) Data analytics tools (e.g., Coupa, Ariba) Data analytics tools (e.g., Workshops on negotiation and supplier relationship management. Use Data-Driven Arguments: Leverage cost breakdowns and benchmarks to negotiate better terms. Free online tutorials on data visualization and analytics.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply Chain Optimization supply chain software solutions 130

RPF360

DECEMBER 29, 2022

Procurement technology includes a range of interesting solutions including contract management, data sources, RFP management systems, spend analytics and more. Explore our favorite procurement technology solutions in this blog. The post The top 23 procurement technology tools for 2023 appeared first on RFP360.

Procurement 216

Procurement Contract management Contract Sourcing 216

Spend Matters

MARCH 19, 2025

Some of these providers achieved top scores in this data-backed functionality and capability assessment, and some come out on top for their customer scores. Procurement leaders use SolutionMap procuretech intelligence for deep data cuts and vendor knowledge to drive their procurement technology selection decisions.

Eprocurement 83

Eprocurement Contract management Contract Sourcing 83

Procurement Tactics

MARCH 16, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Strategic Procurement — Everything You Should Know Strategic procurement allows businesses to meet the demand of the current procurement landscape by making sense of the data and automating the procurement process.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

Spend Matters

FEBRUARY 26, 2025

Mike Cook, SOVRAs Chief Product Officer, emphasized the importance of clean data and how SOVRA is supporting users with a qualified data lake. Intelligent Solicitation Builder: A guided automated tool that uses historical purchase data and business rules for solicitation creation.

Procurement 116

Procurement Bidding Contract management Data 116

Procurement Insights

FEBRUARY 21, 2025

Key Features of a Metaprise: Beyond a Single Company: Instead of just managing procurement within one company, a Metaprise integrates multiple businesses, suppliers, and partners into one unified system. Network Intelligence: Learns from market trends, supplier performance, and risk factors to optimize sourcing and supplier management.

Supply Chain Optimization 75

Supply Chain Optimization Contract management Networking Contract 75

ivalua

DECEMBER 17, 2019

Procure-to-pay (P2P) automation and analytics won’t work very well without accurate supplier master data. Yet that goal — data accuracy — remains a considerable challenge for many Procurement and Accounts Payable organizations. Accurate supplier master data is just one aspect of a Digital Procurement journey.

Data 130

Data Suppliers Risk Procurement 130

ivalua

JANUARY 24, 2022

How do Chief Procurement Officers and their teams leverage digital transformation to take control of their data and better deliver against their strategic objectives? . Johan, can you give us a bit of background on the digital transformation journey at Booz Allen and the role of data? What role did data play on a day-to-day basis?

Data 130

Data Real-time Visibility Procurement Supply Chain Efficiency 130

Procurement Insights

MARCH 28, 2024

Both Supplier Discovery and Contract Management surfaced as the lowest-hanging fruit for the fastest win. However, one line from the above excerpt that does require some clarification, is the conclusion reached by the panel’s recommendation “ to avoid AI projects that involve dependency on clean data.

Data 80

Data Contract management Supply chain management Supply chain management 80

Una

JUNE 18, 2024

Contract Management Best Practices for Procurement Pros Learn why its critical for procurement teams to have contract management best practices in place to proactively monitor promised benefits. By Hugo Britt | June 18, 2024 Search Search At what point in the contract lifecycle does procurement’s role end?

Contract management 52

Contract management Contract Management Negotiation 52

Spend Matters

FEBRUARY 13, 2025

But to make its potato chips, Utz buys many different materials from many different suppliers, and Procurement needed greater data granularity. For the third piece of tech, a contract management system, the Legal Department was a strong ally. For the most part, this did not prove a problem.

Influencing 103

Influencing Procurement supply chain budgeting Strategic sourcing 103

ivalua

DECEMBER 21, 2021

Redwood, CA, 20th December 2021 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Canada’s largest co-operative, Federated Co-operatives Limited (FCL), has gone live with its source-to-contract solution which includes a seamless integration to TealBook, the leading supplier data foundation.

Contract 130

Contract Sourcing Suppliers Data 130

Procurement Tactics

JUNE 28, 2023

Procurement Tracking is the process of monitoring and managing procurement activities. Contract Management Contract Management is tracking the contractual lifecycle, including contract creation, renewal, and termination dates. What is Procurement Tracking?

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

World of Procurement blog

MAY 8, 2024

Introduction to Contract Management Contract management is the process of systematically and efficiently managing contract creation, execution, and analysis to maximize operational and financial performance at an organization. Negotiations may be required to create new contracts.

Contract management 52

Contract management Contract Management e2e 52

Procurement Tactics

FEBRUARY 19, 2023

Sourcing suppliers ChatGPT can help procurement professionals to identify potential suppliers by analyzing supplier data. Contract management ChatGPT can provide assistance to procurement professionals by assisting them in managing their contracts by providing information on the contract terms and conditions.

Procurement 287

Procurement Market analysis Contract Suppliers 287

Procurement Tactics

OCTOBER 18, 2022

The SRM software centralizes supplier-related data, supports contract and procurement management, automates supplier scoring, and provides a supplier portal as a medium for communication with different suppliers. . It provides supplier relationship management tools that are designed to make the source-to-pay workflow easy.

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

SCMDOJO

DECEMBER 29, 2024

The Fundamentals of Sourcing Process This course by SCMDOJO academy provides a comprehensive overview of sourcing strategies and best practices, including: Supplier Selection Negotiation Contract Management Risk Mitigation. It covers KPI selection, data analysis, and performance improvement strategies.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain KPIs Supply Chain Efficiency Category management 98

Procurement Insights

FEBRUARY 18, 2025

In ProcureTech , the phrase “Cant build a house on a cracked foundation” means you cannot successfully implement AI-driven procurement solutions (or digital transformation) if the underlying procurement processes, data, and strategy are flawed. Lesson: Fix data governance before implementing AI.

Procurement team 52

Procurement team Procurement solutions Contract management Quality 52

ProcurePort

NOVEMBER 3, 2021

Creating, negotiating, managing, and settling contracts is an essential part of any business. Contract management is also a critically underpinning element of sourcing in the supply chain. However, each step is tedious and time-consuming and is prone to standard types of data errors.

Contract 130

Contract Contract management Negotiation Supply chain 130

ivalua

FEBRUARY 10, 2023

S2P and Mitigating Effects of Inflation One way of mitigating these effects is through S2P solutions – providing visibility into a company’s spend data across all categories of spend and help identify opportunities for cost savings through better supplier management techniques.

Price 264

Price Strategy Sourcing Real-time Visibility 264

ivalua

FEBRUARY 25, 2021

They may not consider potential issues of integrations, supplier onboarding, supply chain data management, change management and system optimization, all of which add to complexity and costs. Sustainable master data management and governance: As much as 55% of projects fail due to data management issues.

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

ivalua

APRIL 6, 2021

A Guide to Contract Management Tools and Processes including a guide to the key steps of the Contract Lifecycle Management Process and to the benefits that using Contract Management software can bring to your Procurement processes. An Overview of Contract Lifecycle Management.

Contract 130

Contract Management Contract management e2e 130

Jaggaer

JANUARY 28, 2025

Technology Optimization: 2018 Perspective: The focus was on adopting eProcurement systems, electronic sourcing, contract management, and total supply management to automate functions and create efficiencies. 2025 Update : Real-time data integration and analysis are now standard practices in many institutions.

Procurement 52

Procurement Eprocurement Contract management Sustainability 52

ivalua

OCTOBER 29, 2019

A decade ago, very few public sector jurisdictions or agencies were concerned about the amount of disparate systems they were operating and what data-driven challenges this might lead to in the future. If they needed contract management, they put a contract management system in place.

e2e 145

e2e Bidding Contract management Contract 145

Let's Talk Supply Chain

SEPTEMBER 7, 2022

And today in episode four, we’ll be turning our attention to Sifted’s Contract Management Suite. IN THIS EPISODE WE DISCUSS: [01.43] Some of the big challenges around contract management in the current climate. It’s about providing visibility… You need to be looking at your contracts.

Contract 97

Contract supply chain budgeting Contract management Supply Chain Optimization 97

Jaggaer

FEBRUARY 5, 2025

It includes sourcing and supplier management, contract management, and procure-to-pay (P2P) functions. Mastering Strategic Sourcing: Efficiency and Cost Savings in Procurement Strategic sourcing is a data-driven approach that focuses on long-term supplier partnerships rather than one-time cost reductions.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

Jaggaer

FEBRUARY 5, 2025

Historical data and AI-driven insights help optimize decision-making, allowing procurement teams to focus their expertise on more nuanced evaluations like supplier alignment with business strategy and customer service approach. Then experienced procurement teams can assess all the data for more nuanced and context-specific judgments.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

ContractSafe

OCTOBER 28, 2024

From software licenses to cloud services, data privacy agreements and vendor agreements, these contracts govern how businesses acquire, use, and manage IT assets like SaaS subscriptions, cloud infrastructure, or even hardware rental. IT contacts are the lifeblood of any modern organization.

Contract management 52

Contract management Contract Management Data 52

Procurement Tactics

JUNE 19, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Your Ultimate Guide To Launching A Digitized Procurement Startup One of the biggest advantages of digitization in the procurement industry is that it allows you to use data analysis to make informed decisions.

Procurement 201

Procurement supply chain software solutions Procurement strategies Collaboration 201

TYA Suite

JANUARY 27, 2025

Procurement managers can set thresholds and receive alerts when spending approaches these limits, enabling proactive management of contract value. By leveraging this data, procurement teams can negotiate better terms with vendors and optimize contract value.

Contract 40

Contract Real-time Visibility Contract management Management 40

ivalua

APRIL 11, 2019

Additional AI-powered capabilities showcased include: Advanced invoice data capture capabilities that help drive fully digital invoice processing. Contract data capture and analysis to improve company-wide contract management. A broad set of other AI applications to improve automation and access to information.

Procurement 124

Procurement Contract management Contract Spend management 124

Procurement Tactics

DECEMBER 20, 2022

According to an investment banking company, Goldman Sachs, automating contract management speeds up sales negotiation cycles by up to 50%. Additionally, it removes inaccurate payments by 75 to 90% and decreases the operating and processing costs related to contact management by up to 30%. What is a contract lifecycle?

Contract 130

Contract Management e2e Contract management 130

Jaggaer

MARCH 19, 2025

Based on these strategy decisions you may then want to adjust supplier management , for example by phasing out some suppliers and introducing new ones. You will certainly be enriching your data on each supplier with up-to-date non-financial information. For up-to-date information on carbon emissions JAGGAER works with carbmee.

Contract management 52

Contract management supply chain budgeting Sustainability Influencing 52

ivalua

MAY 15, 2019

Contract Lifecycle management is an area we have seen huge demand in over the last year or two. Many of our customers leverage our contract management solution for both authoring or contract repository. One of the initial use cases the team is tackling is for contract analysis. .

Contract 147

Contract Data Contract management Risk 147

Spend Matters

MAY 21, 2024

In an attempt to field the growing responsibility and complexities within the role, procurement began to onboard several new ‘point solutions’ — from supplier and contract management tools to intake solutions. Focal Point was created to solve the problem of disconnected data within an organization’s procurement process.

e2e 111

e2e Procurement Contract management Leadership 111

Spend Matters

AUGUST 29, 2022

Categories: Analytics , Contract Management , Procurement Systems & Architecture , Solution Providers , Technology Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of SimpliContract and its contract lifecycle management solution.

Contract 96

Contract Contract management Buyers Collaboration 96