Jaggaer

FEBRUARY 5, 2025

Complete Source to Pay cycle and Strategic Sourcing Guide An optimized Source-to-Pay (S2P) process helps businesses enhance procurement efficiency, reduce costs, and improve supplier collaboration. Strategic sourcing plays a critical role in this transformation, ensuring organizations secure the best value while mitigating risk.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

Spend Matters

OCTOBER 28, 2024

In this Spend Matters Vendor Analysis we provide an overview of Onventis and its solution for source-to-pay (S2P). Source-to-pay solutions allow organizations to streamline how they manage their procurement lifecycle from start to finish. First, it is one of the few providers in the space that is fully focused on the mid-market.

Market analysis 107

Market analysis Contract management Sourcing Buyers 107

Spend Matters

SEPTEMBER 5, 2024

In today’s fast-paced business environment, the need for agility and accuracy in contract management is more critical than ever. Contracts serve as the foundation for business relationships, outlining the terms, conditions and expectations between parties.

Contract management 122

Contract management Contract Management Collaboration 122

Procurement Freelancers

OCTOBER 2, 2023

Procurement contract management is a critical part of the sourcing process. It entails supervising the… The post The Top Skills Every Freelance Procurement Contract Manager Should Have first appeared on Procurement Blog | Procurement & Supply Chain News.

Contract management 97

Contract management Procurement contracts Contract Management 97

Jaggaer

FEBRUARY 5, 2025

What Is Strategic Sourcing? A Complete Guide Strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. It is called strategic because it replaces traditional ad hoc approaches to sourcing, which were almost entirely focused on cost savings, item by item.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

Jaggaer

FEBRUARY 20, 2025

What is Source to Pay (S2P)? Yet in the case of source to pay, it is wholly justified. The term refers to the entire journeyfrom finding suppliers and negotiating contracts to finalizing agreements and making the final payment for goods. Yet there are good reasons to do so. Or rather, it should not, in a data-driven environment.

Sourcing 52

Sourcing e2e Supply Chain Efficiency Strategic sourcing 52

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Simplified: Best Practices for Maximizing Value Strategic sourcing goes beyond cost savings its about making informed decisions that drive long-term value. Now well dive into best practices in these critical areas to ensure a more effective and resilient sourcing strategy.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

Procurement Freelancers

DECEMBER 26, 2024

Effectively managing contracts for procurement processes has become an important task for companies that want… The post 10 Best Practices for Streamlining Procurement Contract Management first appeared on Procurement Blog | Procurement & Supply Chain News.

Contract management 98

Contract management Procurement contracts Contract Management 98

Pipefy

APRIL 22, 2025

Automation within the source-to-pay (S2P) cycle from sourcing to payment is redefining how businesses handle suppliers, contracts, quotes, and payments. What is Source-to-Pay (S2P)? Before we talk about making it smarter, its worth reviewing what the source-to-pay journey actually covers. Procurement automation.

Sourcing 59

Sourcing Real-time Visibility Procurement e2e 59

Procurement Templates

NOVEMBER 21, 2024

Here’s a detailed guide to enhance procurement capabilities across various domains: Strategic Sourcing and Supplier Management Actionable Steps: Analyze Spend Data: Use spend analysis tools to identify areas where costs can be reduced or efficiencies improved. Resources: Online courses on strategic sourcing (e.g.,

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

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. In the world of business, procurement departments play a pivotal role in shaping an organization’s success.

Contract management 114

Contract management Contract Supplier relationship management Management 114

ivalua

MARCH 9, 2023

A comprehensive Source-to-Pay platform is a critical component of an organization’s IT environment. Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ What is Source-to-Pay? Sourcing: Where Procurement often creates value first.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

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

ivalua

SEPTEMBER 20, 2021

Rapid Optimization of Contract Management, Supplier Management and Direct Materials Sourcing. Asian Paints conceptualized a technology solution using Ivalua’s Supplier Information Management , Sourcing and Contract Management solutions to streamline the end-to-end contract management and sourcing processes. .

Contract 130

Contract Collaboration Sourcing Contract management 130

Spend Matters

MARCH 19, 2025

Yesterday Spend Matters released its Spring 2025 SolutionMap and TechMatchSM procurement technology rankings of 106 solution providers across 16 source-to-pay (S2P) categories. 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.

Eprocurement 79

Eprocurement Contract management Contract Sourcing 79

Jaggaer

FEBRUARY 5, 2025

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. Who Should Prioritize an S2P Digital Transformation?

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

ivalua

DECEMBER 7, 2022

Ivalua, a global leader in spend management , today announced that bol.com, the largest online retailer in the Netherlands and Belgium, has selected Ivalua’s solution to digitalize its indirect Source-to-Contract (S2C) processes. The project has been delivered in partnership with Accenture. Learn more at www.ivalua.com.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Contract Sourcing 130

Procurement Insights

FEBRUARY 21, 2025

Network Intelligence: Learns from market trends, supplier performance, and risk factors to optimize sourcing and supplier management. sourcing, supplier onboarding, contract approvals). You require real-time supplier intelligence, automated sourcing, and cross-organization spend management.

Supply Chain Optimization 75

Supply Chain Optimization Contract management Networking Contract 75

Spend Matters

OCTOBER 14, 2024

and its solution for Sourcing, Contracts, Procurement, AP Automation, Vendor Onboarding, Budgets, Reporting & Analytics and Vendor Risk Management. Companies seeking support in areas across the source-to-pay (S2P) process can struggle with managing multiple tools. Here’s why Zapro.ai

Sourcing 114

Sourcing Budget Market analysis Risk management 114

Spend Matters

FEBRUARY 13, 2025

Utzs Procurement team had never focused on influencing budget owners in the corporate services area to strategically source their categories. The team launched many new sourcing opportunities and engaged with stakeholders in different ways resulting in other positive impacts for the company.

Influencing 101

Influencing Procurement supply chain budgeting e2e 101

Procurement Tactics

MARCH 16, 2023

Category Management Category management sorts your spending into areas with the same supplier markets. Strategic Sourcing Strategic sourcing assesses the patterns of business spending in order to find and choose the best suppliers that align with your business goals and objectives. Why is it important?

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

Procurement Software

MARCH 2, 2025

Source-to-Pay software is the cornerstone of every procurement tech stack. As you will see, many of these Source-to-Pay software solutions straddle either SME and Mid-Market, or Mid-Market and Enterprise. The exception is if they have significant crossover, such as contract management or fraud detection tools.

Sourcing 52

Sourcing Procurement Contract management Price 52

Art of Procurement

JUNE 9, 2024

“A contract lifecycle management platform drives processes for you. The post The Future of Digital Contract Management appeared first on Art of Procurement. That drives your price down, your risk down, and you get.

Contract management 69

Contract management Contract Management Price 69

Spend Matters

MARCH 11, 2024

In this Spend Matters Vendor Analysis we provide an overview of VORTAL and its source-to-pay (S2P) solution. To overcome these challenges organizations often look for a technology solution that offers automation, centralized data management and streamlined workflows. This content is for members only.

Procurement solutions 117

Procurement solutions Sourcing Procurement Market analysis 117

Spend Matters

APRIL 17, 2025

For sourcing and contracting, natural language processing (NLP) enables metadata extraction at both document and clause levels, offering granular visibility into contract terms and obligations.

Strategy 93

Strategy Real-time Visibility Procurement Procurement team 93

ivalua

APRIL 25, 2023

Ivalua provides us with greater transparency and data-driven insights which will allow us to improve our sourcing decisions and contract management, and also optimize supplier management”, said Niklas Selle, Digital transformation lead in Supply Chain at Aker BP. “We Learn more at www.ivalua.com.

Contract 130

Contract Suppliers Sourcing Supply Chain Efficiency 130

Procurement Templates

MARCH 3, 2024

I asked my assistant to help me mock up a strategic sourcing framework and she did a fairly good job but made a few mistakes. By the way, when doing sourcing preparations it doesn’t mean that you can’t work on multiple parts at once and go back and forth before the tender is issued but there is a typical order.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

ProcurePort

APRIL 13, 2021

Two of the most common supplier-management strategies in the history of procurement are category management and strategic sourcing. The post Category Management vs Strategic Sourcing – Breaking Down the Differences appeared first on ProcurePort Blog. Both are valid options of developing […].

Strategic sourcing 130

Strategic sourcing Strategic sourcing Category management Sourcing 130

ivalua

NOVEMBER 27, 2019

So what does “good” strategic sourcing look like? The primary difference between Strategic Sourcing and “good” Strategic Sourcing is contextualized flexibility. Procurement must be able to apply the general principals of Strategic Sourcing in a way specific enough to maximize the value of each spend category.

Strategic sourcing 113

Strategic sourcing Strategic sourcing Sourcing Suppliers 113

Spend Matters

MARCH 16, 2023

An S2P suite automates spend/supply management processes primarily in procurement, accounts payable and inbound supply chain management, but also other areas within Legal (e.g., contract management), Finance (e.g, working capital management, treasury and FP&A), R&D (e.g.,

Supply Chain Optimization 97

Supply Chain Optimization Sourcing supply chain software solutions Procurement strategies 97

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

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 Procurement team 52

ivalua

MAY 6, 2020

Last year Forrester published 2 major Wave reports, which together span the full Source-to-Pay process. The second, authored by Andrew Bartels and published on December 18, is The Forrester Wave : Source-To-Contract Suites, Q4 2019. Ease and level of integration is an important criteria for spend management solutions.

Sourcing 130

Sourcing Eprocurement Contract Suppliers 130

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

ivalua

MARCH 16, 2020

Optimization of the entire source-to-pay process for nearly all Körber locations worldwide. The close cooperation between supply chain management and internal stakeholders as well as external partners made a major contribution to this. The goal was to increase efficiency across the Group’s Business Areas.

Agile and Lean Supply Chain 49

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Chief Procurement Officer 49

Procurement Tactics

OCTOBER 18, 2022

GEP Smart is a complete procurement solution with full spend analysis, sourcing, contract management, supplier management, purchasing, invoice handling, and saving track processes integrated into it. . 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