ProcurePort

NOVEMBER 20, 2023

Online Contract Management Safety Overview: Strong security measures, like encryption and access controls, are important for keeping online contract management systems safe. To deal with risks like data breaches and unreliable vendors, we need to be proactive. This means following rules and giving safety training to users.

Contract management 130

Contract management Contract Management Collaboration 130

Spend Matters

MARCH 25, 2024

We recently spoke with Stuart Brock , founder and President of startup iKinetiq Innovation Solutions which helps procurement functions design the right strategy to optimize processes, gain deeper insights, and enable data-driven risk management with a focus on using AI technologies responsibly.

Procurement contracts 124

Procurement contracts Contract Procurement Negotiation 124

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. It has completely changed our end-to-end enterprise contracting process.

Influencing 103

Influencing Procurement supply chain budgeting Strategic sourcing 103

SCMDOJO

MARCH 14, 2025

It emphasizes the need for fair competition among suppliers and aims to eliminate corrupt practices that have historically plagued government contracts. Additionally, this shift is indicative of a broader trend towards responsible purchasing, aligning government contracts with societal values and aspirations.

Procurement 90

Procurement Bidding Competitive bidding Contract 90

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 Templates

DECEMBER 11, 2024

Consider which projects or contracts require a plan B. In first instance you need to get your procurement house in order to deliver projects on time but once a contract is awarded you can work with stakeholders to track project delivery, whether if these are delivered to the agreed timescales.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Cost of ownership 130

Let's Talk Supply Chain

MARCH 2, 2025

By harnessing the‍ power of data-driven insights, organizations can navigate these challenging waters with precision and grace. Key Strategies for Navigating Tariff Turmoil: Utilize Data Analytics: Leverage advanced analytics tools to gain deep visibility into supply chain dynamics and identify potential areas of vulnerability.

Supplier relationship management 52

Supplier relationship management Data Suppliers Supply chain resilience 52

Spend Matters

MARCH 18, 2025

This is unequivocally the most granular data available on this rapidly growing market. Spend Matters has been covering the Intake & Orchestration market since its inception with vendor analyses and articles and is excited to showcase it in the Insider SolutionMap data comparison module. Data is refreshed every 6 months.

Procurement 91

Procurement Sourcing Contract Risk 91

Spend Matters

MARCH 25, 2025

However, when it comes to procuring third-party software, data and professional services, AWS Marketplace is the dedicated platform designed to support businesses in building and running their digital infrastructure. 4,000+ data products available through AWS Data Exchange. More than 20,000 public listings across 70 categories.

Procurement solutions 96

Procurement solutions Procurement Purchase orders Data 96

Spend Matters

MARCH 27, 2024

The high-level market overview uses data from a recent Spend Matters vendor survey. The post Meet AI in Contract Lifecycle Management appeared first on Spend Matters. Certa, Corcentric, Coupa, Creactives SpA, Deployed, ebidtopay, Evisort, Inc., Certa, Corcentric, Coupa, Creactives SpA, Deployed, ebidtopay, Evisort, Inc.,

Contract 111

Contract Management Procurement Data 111

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 Insights

FEBRUARY 21, 2025

Decentralized & AI-Driven: Uses AI, blockchain, and data-sharing to make procurement decisions autonomous and real-time across the supply chain. sourcing, supplier onboarding, contract approvals). Interoperability: Supports multi-enterprise collaboration , ensuring different procurement platforms work together as one.

Supply Chain Optimization 75

Supply Chain Optimization Contract management Networking Contract 75

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

Spend Matters

NOVEMBER 14, 2024

The report once again delivers data-backed findings of the state of SRM across the globe and gives best practice models, guidance and suggestions stemming from those findings. These findings are interwoven with real-life case studies to help organizations fulfil the job of building the ‘R’ in SRM and deriving value from it.

Suppliers 114

Suppliers Raw materials Collaboration Management 114

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

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

ivalua

FEBRUARY 10, 2023

Inflationary pressures can cause frustration levels among suppliers due to increased costs or reduced demand from customers, particularly when it comes to repeated orders or fixed pricing contracts. This could include negotiating more favorable terms with suppliers or renegotiating existing contracts to ensure that prices remain competitive.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Spend Matters

OCTOBER 31, 2024

Platforms primarily support risk assessments and due diligence during onboarding but lack an ongoing risk assessment or continuous oversight post-contract. The future of risk technology will focus on AI-driven automation, improving data quality and ensuring compliance.

Risk management 114

Risk management Risk Management Real-time Visibility 114

TYA Suite

JANUARY 27, 2025

Managing contracts efficiently can be a daunting task without the right tools, leading to missed deadlines, contract expirations, and financial losses. Enables effective management of vendor contracts, including contract creation, monitoring, and renewal. . This is where , comes into play.

Contract 40

Contract Real-time Visibility Contract management Management 40

ivalua

JUNE 14, 2023

Up front efforts to define roles and responsibilities, document requirements, integrate with other enterprise systems, and maximize the value of data will be rewarded in multiple forms well beyond the conclusion of the implementation. Contact Sales The post Get Ready for Success!

Procurement 239

Procurement Change management supply chain budgeting Supply Chain Optimization 239

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. Follow us on LinkedIn and Twitter.

Contract 130

Contract Suppliers Sourcing Supply Chain Efficiency 130

SCMDOJO

FEBRUARY 16, 2025

From rule-based systems to predictive analytics and the generative AI boom, businesses have leveraged these technologies to optimize operations, forecast trends, and create data-driven strategies. They can proactively identify risks, optimize processes in real time, and even negotiate supplier contracts without human oversight.

Supply Chain Efficiency 73

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 73

Spend Matters

DECEMBER 23, 2024

GDPR alignment, secure data storage) reduce organizational risk. Making the business case and implementing the solution remains challenging Data integration with existing systems: Integrating procuretech with existing ERP and finance systems is a common challenge. Risk reduction: The platforms compliance features (e.g.,

Procurement 120

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supplier consolidation 120

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 Software

MARCH 16, 2025

While full-scale digital transformation certainly takes time, organisations can see rapid improvements in efficiency, collaboration, and data accuracy right from the outset. Better Data One of the biggest advantages of digitising your procurement operations is improved data quality.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency Purchase orders 52

ivalua

SEPTEMBER 28, 2020

Why force a supplier to rekey, when you can have pure electronic invoice data linked to real-time delivery data, capture receipt information all integrated into RFID tracking of inventory, all supported by a Government stamp saying its a real invoice, from a real supplier? What’s changed, nothing other than data!

supply chain budgeting 237

supply chain budgeting Purchase orders Networking Buyers 237

Spend Matters

MARCH 27, 2025

In my experience, even the most advanced IT system cannot compensate for poorly defined processes and unreliable data. Clearly define master systems Secondly, she says, remember that data is the foundation of any digital project. So ask yourself: have you clearly defined the master systems for each data type?

Change management 112

Change management Data Import Project management 112

Procurement Tactics

JUNE 28, 2023

It involves systematically tracking, recording, and analyzing data or metrics relating to procurement activities to improve efficiency, and cost-effectiveness , comply with business policies and procedures, and ultimately aid in important business decision-making. Documents concerning the contracts shall also be undertaken.

Supply Chain Efficiency 178

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

Spend Matters

JANUARY 7, 2025

Ramps transaction data indicates a 24% rise in year-over-year software spend. Contracts signed without proper review may expose businesses to compliance and liability risks, while purchases made without security checks can create data vulnerabilities. Businesses are doubling down on this investment in particular.

Procurement 117

Procurement Purchasing Vendor relationships Suppliers 117

Procurement Insights

MARCH 16, 2025

Smart Supplier Recommendations & Risk Analysis AI models track historical supplier interactions, contract performance, and risk factors to provide real-time recommendations. Contract Lifecycle & Compliance Monitoring MCP helps AI track and reference contract clauses, renewal deadlines, and regulatory changes.

Supply Chain Optimization 52

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency Bidding 52

SCMDOJO

OCTOBER 30, 2024

These platforms can dynamically adjust the difficulty of tasks, provide targeted resources, and suggest personalized learning paths based on real-time performance data. Developing Analytical Skills Data analysis is at the heart of effective supply chain management.

supply chain budgeting 97

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 97

ivalua

JUNE 29, 2020

According to OECD and National Health Expenditure data, US healthcare spending per person was approx $10,224 in 2017. Shift towards self-contracting and self-distribution: With health systems gaining significant scale and wanting more control over their supply chain, this shift is accelerating. Share on Twitter. Share on Twitter.

Agile and Lean Supply Chain 219

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 219

Spend Matters

MARCH 18, 2025

This is unequivocally the most granular data available on this rapidly growing market. Spend Matters has been covering the Intake & Orchestration market since its inception with vendor analyses and articles and is excited to showcase it in the Insider SolutionMap data comparison module. Data is refreshed every 6 months.

Procurement 66

Procurement Sourcing Contract Risk 66

Procurement Heads

APRIL 28, 2023

The data – provided by Bullhorn – revealed that permanent jobs grew 10% month-on-month in March while demand for highly skilled contractors rose 4%. Placements also increased, up 21% for permanent jobs and 11% for contract positions between February and March.

Budget 130

Budget Data Influencing Contract 130

Procurement Heads

APRIL 28, 2023

The data – provided by Bullhorn – revealed that permanent jobs grew 10% month-on-month in March while demand for highly skilled contractors rose 4%. Placements also increased, up 21% for permanent jobs and 11% for contract positions between February and March.

Budget 130

Budget Data Influencing Contract 130