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%. Conga Contracts.

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Spend Matters

MAY 21, 2024

Our first practitioner-focused viewpoint came from Sören Petsch, head of procurement at end-to-end e-commerce solution Rithum — How intake cuts to the point. The idea was to keep time-tested S2P tools intact while enhancing visibility and efficiency in procurement.

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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.

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Procurement Software

JUNE 20, 2023

The contract management software market is hot right now. Organisations seem to have finally realised that they’ve suffered from having a “desk drawer” approach to contracts. Being able to manage your contracts in one place, author them, approve them and sign them is a massive productivity boost.

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Procurement Insights

MARCH 27, 2025

AdaptOne could provide significant value to Byrne Dairy , a food and beverage company, by optimizing and digitizing its procurement operations particularly in supplier management , compliance tracking , and procurement workflow visibility. Here’s how: 1. We aim to improve supplier onboarding, ensure regulatory compliance (e.g.,

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Real-time Visibility e2e Suppliers Supply Chain Efficiency 52

Procurement Tactics

JUNE 28, 2023

Contract Management Contract Management is tracking the contractual lifecycle, including contract creation, renewal, and termination dates. Compliance with the agreed terms and conditions of a contract, as well as respect for the obligations arising from it, shall also be monitored.

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

Procurement Insights

MARCH 25, 2025

ANSWER #1 AdaptOne could provide significant value to Byrne Dairy , a food and beverage company, by optimizing and digitizing its procurement operations particularly in supplier management , compliance tracking , and procurement workflow visibility. Here’s how: 1.

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World of Procurement blog

JANUARY 12, 2022

Over Christmas, I started thinking about the top Contract Management trends for 2022. One general observation I have of us Contract Managers is that there is a fantastic opportunity to become more closely aligned with our Legal colleagues. Additionally, there is a significant focus on certainty within contracts.

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Spend Matters

APRIL 5, 2023

Categories: Contract Management , Procurement Systems & Architecture , Solution Providers , Source-to-Contract Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Spendflo and its solution for SaaS procurement and management.

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Spend Matters

JULY 10, 2023

The complexity of S2P with its use of multiple systems to address each aspect it covers, manual processes, data quality issues and process variations can make managing the end-to-end process difficult. Organizations need to invest in technologies that improve visibility and control over the entire S2P process.

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ivalua

MARCH 9, 2023

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ 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.

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Sourcing Real-time Visibility e2e supply chain software solutions 130

ivalua

MAY 15, 2022

They’re also ramping up usage in contract management. . To address their gaps, Amrest is building an end-to-end procurement process that covers all of their businesses and each unique challenge these operations face. One View to Connect Procurement and Finance: Addressing the Visibility Gap and the Liquidity Gap.

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e2e Procurement supply chain budgeting Purchasing 130

ivalua

MAY 15, 2022

They’re also ramping up usage in contract management. . To address their gaps, Amrest is building an end-to-end procurement process that covers all of their businesses and each unique challenge these operations face. One View to Connect Procurement and Finance: Addressing the Visibility Gap and the Liquidity Gap.

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e2e Procurement supply chain budgeting Purchasing 130

Jaggaer

FEBRUARY 5, 2025

Optimizing source-to-paythrough digital transformation streamlines every stage of your procurement strategy, improving visibility, efficiency, and collaboration. These begin with enhanced visibility. Digital S2P platforms provide real-time insights into supplier performance, contract compliance, and spending patterns.

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Spend Matters

JANUARY 5, 2024

Contract Lifecycle Management Evisort , which was once a promising contract analytics upstart looking to disrupt the market with its strong AI and post-signature capabilities, has evolved into a well-rounded, end-to-end CLM provider that can compete for both mid-market and large enterprise customers.

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e2e Procurement supply chain software solutions Contract 103

ivalua

JUNE 11, 2019

Some of the objectives Ivalua typically has together with its Public Sector customers include: More Efficient Government: Make it easier to do business with government, maximizing automation and end-to-end Procurement cycle time.

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IBM Supply Chain Blog

FEBRUARY 28, 2024

For example, blockchain-backed contract management, when combined with automation, creates efficiencies and offers a high level of security. In addition to enhanced decision-making, flexibility and visibility, analytics engines paired with AI can help manage supplier risk. Try out cognitive intelligence free for 30-days.

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Jaggaer

FEBRUARY 5, 2025

The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Award & Onboard – At the end of the selection process, you will award the business to one or more suppliers.

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Spend Matters

DECEMBER 21, 2023

AI can help create greater efficiency and value across all source-to-pay processes, including spend analysis, opportunity identification, sourcing and contract management, category management, supply relationship management and risk management.

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Jaggaer

JULY 7, 2020

Over time, this engagement has expanded globally and is still focused on one of the most testing categories of sourcing and contract management within procurement: transport and logistics. In 2019 the company decided to embark on a project to implement global dashboards for sourcing and contracting events.

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Spend Matters

FEBRUARY 22, 2024

A significant difference of a unified system that provides third-party alignment is the real-time end-to-end visibility it provides to allow for more effective risk monitoring. For companies, these systems can become the digital cornerstone of their procurement operations.

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Supply Chain Efficiency Real-time Visibility Management supply chain software solutions 111

Spend Matters

OCTOBER 19, 2023

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. There was still a lack of functionality, particularly in contract management. So we are delighted to introduce you to our Future 5 as we capture their voices.

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World of Procurement blog

MAY 20, 2024

A dedicated CLM platform provides the automation, control, and analytics procurement teams need to maximize the value of contracts while minimizing risk. With the right CLM solution in place, procurement can achieve end-to-end visibility into the contracting process, reduce cycle times, and eliminate inefficient manual tasks.

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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. How Has Strategic Sourcing Evolved?

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Supply Chain Game Changer

OCTOBER 28, 2021

Lack of Visibility Beyond Tier 1. According to the 2021 Deloitte Chief Procurement Officer Survey, “Around 70% of CPOs felt that they had good visibility on the risks that existed in their direct (tier 1) suppliers. And, only 15% had visibility into tier 2 or beyond. Dirty Little Secret #1.

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Procurement Software

MAY 16, 2023

The software automates workflows and approvals, manages supplier catalogues, and provides real-time analytics for better decision-making. The module also includes features such as contract management, invoice processing, and payment processing. They are not an end-to-end procurement software suite.

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Procurement Purchase orders Real-time Visibility Purchasing 96

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.

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IBM Supply Chain Blog

APRIL 4, 2024

And while enterprise resource planning (ERP) integrates and manages all aspects of a business, BPM focuses on its individual functions—optimizing the organization’s existing, repeatable processes end-to-end. BPM can also provide real-time visibility into claim status and performance metrics.

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Pipefy

JANUARY 31, 2023

Procurement risks occur wherever visibility and control are limited. Purchases that evade compliance policies occur when visibility is limited by data or collaboration silos. That happens because process structure and visibility don’t evolve fast enough to match the scale of procurement.

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Pipefy

JANUARY 30, 2024

From procure-to-pay software to spend management and analysis tools, procurement technologies are disrupting the status quo and bringing efficiency to teams like never before. Contract management Contract management tools help control fragmented data and workflows that make it difficult or impossible to manage contracts.

Agile and Lean Supply Chain 52

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

Pipefy

MAY 23, 2023

It also provides visibility into your entire invoice workflow, from issuance to payment. End-to-end integrations A new digital procurement tool may replace a few software systems in your tech stack. Document management Digital contract management should be included in any e-procurement tool; it’s that important.

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Pipefy

NOVEMBER 24, 2023

This process grants transparency and visibility into purchase orders and approvals to a sometimes surprising degree. These tools are classified according to the procurement functions they perform, including contract management, informing, ordering, sourcing, and tendering. What are e-procurement tools?

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IBM Supply Chain Blog

DECEMBER 13, 2023

Tasks such as vendor selection criteria, contract management and compliance initiatives should be clearly defined. Additional procurement software includes spend analytics tools and supplier relationship management (SRM) software. This is a good time to review current processes and adjust them to suit the new approach.

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Procurement strategies Strategy Procurement Agile and Lean Supply Chain 65

IBM Supply Chain Blog

FEBRUARY 13, 2024

Technology that streamlines and automates transactions and contract management can significantly reduce these errors and expedite sourcing processes. It also can help optimize transportation costs and service-level agreements as well as improve inventory management and visibility.

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Empowering CPO

JULY 16, 2023

This is where managed procurement services come into the picture. Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.

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Spend Matters

JUNE 19, 2023

The top vendors extend the analytics schema to also support predictive data analysis, AI/ML models or real-time visibility across many systems. Additionally, top performers advance knowledge management via AL/ML or advanced algorithms. We have seen top performers who take MDM capabilities a step further.

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Empowering CPO

JULY 16, 2023

This is where managed procurement services come into the picture. Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40