Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. How Has Strategic Sourcing Evolved?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

IBM Supply Chain Blog

FEBRUARY 28, 2024

Sourcing is getting smarter. To start, many organizations have already pivoted from a tactical to a strategic sourcing mindset—which can make all the difference when it comes to gaining and retaining a competitive advantage. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

ivalua

OCTOBER 29, 2019

If they needed contract management, they put a contract management system in place. If they needed an ERP system or a workforce management system, they would define their requirements and either select a system to implement or build their own. . Frankly, they are struggling.

e2e 145

e2e Bidding Contract management Contract 145

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.

Supply Chain Efficiency 178

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

Spend Matters

JULY 10, 2023

This Spend Matters Vendor Analysis provides an overview of Proactis and its solution for source-to-pay (S2P). 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.

Market analysis 98

Market analysis e2e Contract management Spend management 98

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.

e2e 98

e2e Management Buyers Contract 98

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.

Contract management 52

Contract management Contract e2e Management 52

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. Their main priority focused on controlling spending across the whole Source-to-Pay journey.

e2e 130

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. Their main priority focused on controlling spending across the whole Source-to-Pay journey.

e2e 130

e2e Procurement supply chain budgeting Purchasing 130

Spend Matters

JANUARY 5, 2024

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.

e2e 101

e2e Procurement supply chain software solutions Contract 101

Spend Matters

DECEMBER 21, 2023

Today, for procurement organizations too, applying an AI-first approach has become imperative, especially in the source-to-pay process. Generative AI, in particular, offers transformative potential in optimizing source-to-pay processes. And the maximum value can be extracted from these new tools through strategic integration.

Procurement solutions 106

Procurement solutions Procurement e2e Real-time Visibility 106

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. Supplier Management: Enhanced supplier document management, diversity self-identification and validation.

Procurement 169

Procurement e2e Real-time Visibility Competitive bidding 169

IBM Supply Chain Blog

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. And from that group, 71% would pay a premium for it.

Strategic sourcing 78

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

Jaggaer

DECEMBER 13, 2024

The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay Whether youre new to the world of procurement and supply chain management, or a seasoned veteran; whether you work in a major manufacturing industry, a university, or a medium-sized clinical research organization, you may find procurement jargon rather confusing.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

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.

Real-time Visibility 52

Real-time Visibility e2e Contract Contract management 52

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.

Supply Chain Efficiency 107

Supply Chain Efficiency Real-time Visibility Management supply chain software solutions 107

Spend Matters

OCTOBER 19, 2023

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. So it is a fairly disruptive approach and paradigm to driving value for companies in the source-to-pay value chain. There was still a lack of functionality, particularly in contract management.

e2e 107

e2e Contract Contract management Procurement 107

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.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

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.

e2e 52

e2e Real-time Visibility Procurement Contract 52

Pipefy

JANUARY 30, 2024

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

Agile and Lean Supply Chain 52

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

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.

Real-time Visibility 54

Real-time Visibility Management e2e Supply Chain Efficiency 54

IBM Supply Chain Blog

DECEMBER 13, 2023

It can nurture collaborative partnerships with suppliers and integrate ethical and environmental (green purchasing) considerations into the sourcing strategy. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk. Be flexible.

Procurement strategies 65

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 65

Pipefy

NOVEMBER 24, 2023

Procurement solutions encompass a wide range of specific functions due to the many aspects of the procurement process, including purchase requests centralization, procure-to-pay, sourcing, budget management, supplier management, and forecasting. What are e-procurement tools? The features of these solutions can vary widely.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 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. Click to enlarge The average vendor should be able to offer basic master data management (MDM) capabilities.

Real-time Visibility 98

Real-time Visibility Data e2e Quality 98

Empowering CPO

JULY 16, 2023

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 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

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.

Risk 52

Risk Procurement e2e Purchase orders 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.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

World of Procurement blog

MAY 10, 2024

This supports strategic sourcing efforts. Monitoring supplier relationships : AI can track supplier performance metrics, analyze contract terms for risks, and identify opportunities to improve supplier relationships. This maximizes value from sourcing partnerships.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Procurement Software

MARCH 5, 2024

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. At its heart is a source-to-pay suite offering a range of functionality, with a complete suite of cloud-based modules. FRDM FRDM is a software company specialising in supply chain risk management.

Real-time Visibility 52

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

Procurement Software

JULY 18, 2023

It’s not just about procure-to-pay (P2P) or source-to-contract (S2C applications). Source-to-Contract (S2C) 1. They provide a simple and intuitive procurement solution for source-to-contract (S2C) for small and medium-sized enterprises. It gives you full visibility of your spend data, all in one place.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 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. Blockchain can be used across various industries, including both finance and end-to-end supply chain management.

Supply Chain Efficiency 52

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

Empowering CPO

JULY 16, 2023

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

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. Role of Technology Technology plays a pivotal role in refining the procurement intake process.

Procurement 52

Procurement Real-time Visibility e2e Chief Procurement Officer 52

Pipefy

JANUARY 5, 2023

Other motives for automating procurement include solving for high error rates, reducing manual work, and adding visibility to the different workflows and processes that fall under the procurement process umbrella. Enhancing visibility and control. Enhancing visibility and control. Managing procurement is a complex undertaking.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

Pipefy

JUNE 15, 2023

This end-to-end system’s built-in collaboration and data analysis tools eliminate process friction commonly created by manual or disjointed workflows. These solutions also save money on sourcing , which is the process of identifying and assessing suppliers.

Procurement 52

Procurement supply chain software solutions Purchase orders Procurement solutions 52

Procurement Software

JANUARY 23, 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. Inhubber Inhubber is a contract management and digital signature platform powered by blockchain and AI.

Procurement 52

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

Empowering CPO

JUNE 25, 2023

Procurement, in its simplest form, is the process by which businesses acquire the goods, services, or works they need from external sources. Through tools like spend analysis, businesses can gain in-depth insights into their spending patterns, identify cost-saving opportunities, and drive strategic sourcing.

Procurement 52

Procurement supply chain budgeting Real-time Visibility Supply Chain Efficiency 52