Remove Contract management Remove Purchase orders Remove Supply chain resilience
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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

You can also use its eSourcing solution to create RFPs, receive bids from qualified suppliers, analyze supplier performance and manage contracts in one place. Ivalua’s Contract Management module allows you to easily track milestones and consumption in real time across multiple agreements.

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Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

The eSourcing solution includes the ability to create RFPs, receive bids from qualified suppliers, analyze supplier performance, and manage contracts all in one place. In addition, our Contract Management module helps Manufacturers to easily track milestones and consumption in real time across multiple agreements.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Key technologies changing the game in procurement include: E-Procurement Systems E-procurement software provides a centralized platform to manage the entire procurement process online. Processes like purchase order creation, invoicing, and expense reporting can be automated to save time and reduce errors.

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5 Big Ideas for CPOs in Europe to Develop Procurement Strategies for 2023

Zycus Cognitive Procurement

Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments. As per Zycus’ Pulse of Procurement Survey, risk management was the top procurement priority for CPOs in 2022.

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Innovative Procurement Models: Exploring Different Approaches

Empowering CPO

It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. It now plays a crucial role in cost savings, risk management, and value creation for organizations.

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The Impact of Digital Transformation on Spend Analysis

Empowering CPO

Procurement professionals had to sift through piles of invoices, purchase orders, and receipts to manually categorize and analyze spending patterns. This enables organizations to proactively anticipate and address potential challenges and opportunities, improving cost efficiency and supply chain resilience.