ivalua

OCTOBER 29, 2019

If they needed contract management, they put a contract management system in place. They also want transparency, but in their case, it is visibility into new bids, the state of existing bids, awards, and payment status. The same is true of the companies looking to supply the public sector with goods and services.

e2e 145

e2e Bidding Contract management Contract 145

Procurement Tactics

JUNE 28, 2023

In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution. Procurement Tracking: Why is it Important? Documents concerning the contracts shall also be undertaken.

Supply Chain Efficiency 178

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

Procurement Insights

MARCH 25, 2025

PME is not only an opportunity to warm up the market but also ensuring that any issued RFP can be met, specifications and conditions are fit for purpose and the opportunity to add innovation into the procurement and Contract and Supplier management process.” Here’s how: 1.

Real-time Visibility 60

Real-time Visibility e2e Suppliers Contract 60

ivalua

OCTOBER 29, 2019

Suppliers need bidding and contract transparency. It is one thing to make tenders public, and another to offer suppliers visibility into the end-to-end bid management process and final award decisions. Worse still, a lack of structure might suggest that no one is truly managing the spend.

e2e 113

e2e Procurement Bidding Contract 113

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. These begin with enhanced visibility. So, lets be blunt.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

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. Strategic sourcing makes sense for suppliers that are of strategic importance to your organization. Which Suppliers Are Truly Strategic?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

ivalua

MARCH 9, 2023

S2P is the end-to-end process that encompasses all the activities between an organization and its suppliers. Upstream covers all the strategic procurement activities such as spend analysis, sourcing, contract management and supplier management (which includes supplier information, risk and performance management).

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Spend Matters

AUGUST 28, 2023

At the same time, the importance and criticality of services spend for organizations hasn’t shrunk (on the contrary …) nor the need to address typical challenges and hurdles inherent to complex service categories: inefficient processes, lack of control and low spend visibility.

e2e 98

e2e Sourcing Real-time Visibility Contract 98

ivalua

DECEMBER 6, 2022

Many large organizations implement a Procure to Pay platform with the aim to deliver efficiency, visibility, simplicity, and compliance. The ultimate goal is to realize contracted savings and ensure that suppliers ‘perform to contract’. More important is how communication about policies is structured and executed.

e2e 130

e2e Suppliers Procurement Contract 130

Procurement Leaders

JUNE 13, 2022

It is the largest infrastructure project in Europe and the most important economic and social regeneration project in decades. was set up by the UK Government to design and construct the railway and is responsible for procuring and coordinating a supply chain of designers and contractors to deliver billions of pounds worth of contracts.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Supply Contract 130

Spend Matters

JUNE 21, 2024

Intake and orchestration (I&O) solutions can transform initial customer requests and subsequent interactions for just about any business into streamlined, end-to-end, secure and transparent engagements. So if it’s Finance, I talk about budget, both budget visibility and spend visibility.

e2e 107

e2e Procurement team Procurement Contract 107

ivalua

OCTOBER 29, 2019

Enormous, complex, global enterprises use procurement technology to manage their spend, suppliers, contracts and bids every day without seeming to run into the same stumbling blocks as the public sector, which operates on a smaller and more localized basis.

e2e 113

e2e Bidding Contract Budget 113

ivalua

MAY 19, 2022

But why is this so important for business, and what does it mean for prospects and customers? How important is this partnership to both Ivalua & TransferMate? This allows for part-payments, quality or milestone-based contract terms, even payment on receipt to be visible to the supplier, finance, treasury, and the buyers.

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Buyers 130

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. We also now break down the negotiation stage into sourcing and final negotiation of contracts. How Has Strategic Sourcing Evolved?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 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. One of the most important aspects of a business’ success is making the right purchasing decisions.

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. One of the most important aspects of a business’ success is making the right purchasing decisions.

e2e 130

e2e Procurement supply chain budgeting Purchasing 130

Spend Matters

AUGUST 21, 2024

Intake can support payments, sourcing, supplier onboarding, contracts and other use cases. Intake solutions give users a single point of entry as well as more visibility into what happens with requests and when. Given the newness and fast movement of the market, it’s important to understand and define the space. Get educated.

e2e 117

e2e Procurement Contract Vendor management 117

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

Procurement Tactics

AUGUST 19, 2022

You will also know how important vendor management is for the organization to manage its suppliers. . Contract negotiations. This is important so that you will know if the vendors meet your standards. . It is important to set your goals and deadlines as realistic as possible to the vendors. What is Vendor Management?

Vendor management 130

Vendor management Management e2e Negotiation 130

Spend Matters

OCTOBER 1, 2024

During the week of September 9th, I attended the Basware Premier Event in Memphis — a fantastic gathering that delved into several key topics, including touchless invoice processing to accelerate workflows, the importance of ROI assessments and how AI can enhance AP outcomes. Thanks for having me!

e2e 111

e2e Innovation Data Quality 111

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. Effective contract management provides numerous benefits for companies across industries.

Contract management 52

Contract management Contract Management e2e 52

Spend Matters

APRIL 4, 2024

The technology opens up a wealth of capabilities not previously possible for the procurement practitioner in terms of data availability, end-to-end visibility, cost, time and risk reduction, and ultimately the overall health of the third-party network. when things start to become a risk) is very important.

Real-time Visibility 110

Real-time Visibility Management e2e Risk management 110

Spend Matters

FEBRUARY 13, 2023

Even if logistics teams are more responsible for operational fulfillment, procurement still has a massive impact on it in terms of the initial design of the supply network (Design For Supply) and in the contracting of conditions (prices, Incoterm, MOQ, etc.).

Risk management 98

Risk management Supply Chain Optimization Risk Supply chain 98

Jaggaer

OCTOBER 24, 2024

The result is improved business processes and the agility that makes you nimble—whatever comes. Strategies for Building Resilient Supply Chains Recurring disturbances in recent years have highlighted the need for manufacturers and contract manufacturers to build resilience into their supply chains. Performance and stability can waver.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

ivalua

JANUARY 27, 2021

3 Top Digital Transformation Blockers: Although 86% of AP professionals served by Hackett Group say digital transformation of the Purchase-to-Pay (P2P) process is of “critical” or “major” importance, few have been successful in making it happen. They follow an end-to-end channel strategy with nearly all spend covered by contract or POs.

e2e 26

e2e Real-time Visibility Suppliers Supply Chain Optimization 26

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. To make massive improvements to how your business operates from a contracts perspective.

Contract management 52

Contract management Contract Management e2e 52

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

Una

AUGUST 30, 2022

Strategic sourcing experts are using machine learning to categorize and manage spend, AI to better predict demand, and act upon alerts such as contract expiry/renewals. For old-school procurement professionals , going digital may simply mean moving away from paper-based processes. Digital procurement game-changers.

Procurement 98

Procurement e2e Supplier relationship management Real-time Visibility 98

Value Match

JULY 21, 2022

Contract for Change. Find a Tender – 1 st January 2021 the UK Government launched Find a Tender where suppliers can search and apply for high value contracts, usually above £118,000. Contract Finder – is used to publish opportunities over £10,000, it allows suppliers to search in different sectors, by CPV codes and region.

Strategy 96

Strategy Procurement Contract Bidding 96

Supply Chain Opz

NOVEMBER 9, 2014

The list is presented in the order the responses were received in: 1) Andreas Wieland , Assistant Professor at Copenhagen Business School Successful supply chain management means that organizations are well-orchestrated in an end-to-end value network. Keep it Simple : It’s important to not over complicate things.

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

Supply Chain Collaborator

AUGUST 30, 2018

First and foremost, it is important for a shipper to develop a clear understanding of what they hope to achieve by automating transportation logistics processes. It is important to realize that automation is not a remedy for broken or otherwise compromised processes. Her TMS solution wish list includes: End-to-end execution.

e2e 81

e2e Bidding Logistics Influencing 81

ivalua

SEPTEMBER 24, 2020

Recent trends have increased the strategic importance of an effective, transparent Invoice-to-Pay process, managed by AP. A recent study by Forrester found that the single greatest factor in increasing a supplier’s willingness to collaborate with and share innovations with a customer was timeliness of and visibility into payments.

e2e 100

e2e supply chain budgeting Supply Chain Efficiency Suppliers 100

SCMDOJO

OCTOBER 14, 2023

It has made visible changes in the SCM systems. These participants start transactions in the network through smart contracts. Smart Contracts for Automation : Savvy contracts are self-executing contracts with the particulars of the arrangement straightforwardly composed into code.

Supply Chain Efficiency 105

Supply Chain Efficiency supply chain software solutions Supply chain management Supply chain management 105

Spend Matters

SEPTEMBER 14, 2023

Risk reduction is especially important in the supply chain, where leaders are focused on supply and supplier transparency to assess vulnerabilities. Therefore, procurement leaders are placing a higher level of importance on supplier relationship management, so they can better differentiate with and nurture those critical relationships.

Procurement 114

Procurement Supply Chain Efficiency Category management e2e 114

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

Contract lifecycle management (CLM) software has become an invaluable tool for procurement teams looking to optimize their contracting processes. A dedicated CLM platform provides the automation, control, and analytics procurement teams need to maximize the value of contracts while minimizing risk.

e2e 52

e2e Real-time Visibility Procurement Contract 52

Jaggaer

APRIL 9, 2025

In todays highly competitive market, where there is an expectation of rapid delivery, every link in the supply chain is critically important to ensure that products are manufactured efficiently, and waste is minimized. Longer term, they lobby their governments to reduce duty costs on imports/exports.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 52