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.

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Jaggaer

FEBRUARY 20, 2025

Everything You Need to Know End-to-end process and end-to-end solution may be one of the most overworked phrases in business and IT. And if your organization is big enough to need a Chief Procurement Officer , that person is directly or indirectly responsible for every stage of that journey.

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Procurement Insights

APRIL 1, 2025

Unlike end-to-end Source-to-Pay (S2P) platforms (e.g., Evidence: Hansens RAM philosophy (Procurement Insights, 2025) advocates lean tools ($1M-$5M savings) over bloated suites ($10M-$20M), aligning with this efficiency. Cost Alignment Eliminates Waste Mechanism: Pay-for-what-you-use pricing (e.g., $50K

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Procurement Tactics

DECEMBER 7, 2022

33 Procurement Interview Questions in 2022. The financial supply chain is new to many procurement professionals, especially those who have just started their journey in the procurement and supply chain industry. . This approach involves the procure-to-pay cycle, order-to-cash cycle, and working capital management. .

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ivalua

DECEMBER 6, 2022

Author: Hubert Verweij , Head of Procurement Transformation, Capgemini Invent Sweden and Finland. Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. Procurement as end-to-end process owner .

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Spend Matters

DECEMBER 21, 2023

Spend Matters is publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and services providers in the market. Today, for procurement organizations too, applying an AI-first approach has become imperative, especially in the source-to-pay process.

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Procurement Tactics

JULY 20, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. ChatGPT & AI Use ChatGPT to automate procurement processes 5. Negotiation Course Learn from industry experts who negotiated billion $ deals 2.

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Procurement Software

MAY 16, 2023

Buying Procure-to-Pay software (P2P) can bring huge benefits to your business. Having a single platform for the entire procurement process is not only a simple and efficient way to work. It can liberate procurement professionals by automating much of the drudgery zone of administrative and operational procurement.

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Jaggaer

OCTOBER 24, 2024

This resilience can be defined as “ the ability of a central procurement and supply management function to prepare for unexpected events, respond to disruptions, recover, and emerge even stronger. ” Manufacturers cannot foresee every risk, inconvenience, or disaster, but they can equip themselves to handle the unexpected and come out on top.

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Spend Matters

OCTOBER 4, 2023

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.

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ivalua

APRIL 6, 2021

A Guide to Contract Management Tools and Processes including a guide to the key steps of the Contract Lifecycle Management Process and to the benefits that using Contract Management software can bring to your Procurement processes. An Overview of Contract Lifecycle Management. Why is it Important to Manage Contracts?

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ivalua

JUNE 27, 2022

Once an organization has the complete Strategic Payment cycle in place CFOs can use the end-to-end visibility to control bottom-line growth with targeted programs. . Procurement can use C2FO to reduce the risks within the supply chain, onboard diverse, environmentally conscious or innovative suppliers. What’s more?

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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. Having so many options is not always a good thing, though. Read more. )

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Supply Chain Opz

MARCH 6, 2015

In this article, Professor Burcu Keskin from University of Alabama will share 7 trends that procurement and supply chain management professionals should watch. With “Internet of everything” concept expanding, there are more opportunities to connect supply chains and increase the visibility from order initiation to order delivery.

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Spend Matters

OCTOBER 24, 2024

Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices.

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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. But there is a distinction between price and value. Assessment of the supply market (who offers what?)

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Procurement Tactics

AUGUST 19, 2022

33 Procurement Interview Questions in 2022. Through their quotes, you can compare their prices. My name is Marijn Overvest, I'm the founder of Procurement Tactics. Simply negotiating the pricing and performance leads to the completion of the contract. First Name. Download Free PDF. Or receive our famous weekly newsletter.

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ivalua

MARCH 9, 2023

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?

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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. ” — Xavier Olivera, Lead Analyst, Downstream Procurement. That might include price, functionality, ease of use, etc.

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IBM Supply Chain Blog

FEBRUARY 28, 2024

Because organizations with strategic sourcing mindsets look beyond price and cost savings-centered supplier selection initiatives. Now, sourcing and procurement professionals are reaping the rewards of such automation: streamlining workflows, boosting the bottom line and finding efficiencies.

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Spend Matters

FEBRUARY 13, 2023

The impact of Covid-19 on demand, the opening and closing of borders, factories and ports, the obstruction of the Suez Canal and the war in Ukraine have created a nightmare for supply chain and procurement professionals. Even now, supply chains are far from being “back to normal.”

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Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

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Procurement Leaders

JUNE 13, 2022

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. This includes the procurement of materials, where they come from, and the conditions in which they were produced.

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Spend Matters

OCTOBER 26, 2023

The procurement technology market is evolving rapidly and deploying the latest power that innovation can bring to support the changing and challenging needs of its customers. We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices.

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Jaggaer

DECEMBER 13, 2024

What is Procure to Pay (P2P)? Procure-to-Pay commonly known as P2P, encompasses the entire cycle of buying activities from identifying a need for goods or services to completing payment to a supplier. A well-managed P2P process improves operational efficiency, controls costs, and enhances compliance with procurement policies.

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Spend Matters

OCTOBER 1, 2024

He highlighted Basware’s comprehensive platform, which includes: Global compliance for end-to-end invoicing, ensuring adherence to legal, tax and security requirements worldwide. He emphasized the need for solutions that are adaptable, secure and forward thinking. The Basware Network for speedy and high-quality invoice exchanges.

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Supply Chain Game Changer

AUGUST 3, 2021

The Coronavirus pandemic created a dramatic and highly visible disruption in that paradigm. procurement techniques) as opposed to educating the next generation of leaders equipped with the broadest possible set of management and leadership skills to run the entire end to end operations of a massive global company.

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Supply Chain Game Changer

FEBRUARY 8, 2022

Commodity and raw material shortages of every kind have delayed the manufacturing and distribution of goods across most industries, driving up prices in the process. One of the fundamental problems which has contributed to the current breakdowns is the sheer lack of visibility. Once admired just-in-time systems have faltered badly.

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Supply Chain Game Changer

MARCH 28, 2020

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. But there is a profoundly significant Procurement value chain. Procurement is strategic! Now is the time for Procurement to SELL! Could the CPO Be Replaced by the Chief Value Officer? ” Ouch!

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Procurement Heads

JUNE 22, 2022

How did you get into procurement? We won a CIPS award for Best Procurement Operation Start-Up. I really started to cut my teeth on the whole end-to-end category management and the industry as a whole, the progression was natural for me. What are you most passionate about when it comes to procurement?

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Supply Chain Game Changer

JULY 2, 2021

We’ve interviewed executives in Retail , Public Sector , Procurement and other industries and disciplines to get a sense of how the industry is reacting, not only to navigate the immediate challenges, but to future proof themselves from future disruption. Prioritizing supply chain visibility. The massive global shipping squeeze.

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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. As procurement organizations deal with an increasing volume and complexity of contracts, they need solutions to effectively manage the entire contract lifecycle from request through closeout.

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Procurement Software

MARCH 7, 2023

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are not just fancy acronyms used by consultants, procurement and finance professionals. This reflects the increasing digitisation trend in procurement to manage both operational and strategic processes more effectively. Table of Contents What is P2P in Procurement?

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Arkestro

DECEMBER 12, 2022

Procurement professionals of all types face a challenging and dynamic work environment. What Are the Biggest Procurement Challenges in Health and Pharma? Beyond procurement teams working within the constraints of profit and cost savings, lives are at stake. Supply Chain Visibility. Limited Supplier Network. Managing risk.

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Procurement Software

APRIL 4, 2023

Over the last few years there has been a fundamental shift in how the procurement function has been viewed within a business. Once seen as a back-office administrative function, procurement has rightly moved into the spotlight. A whole new breed of procurement tech platforms have sprung up since the outbreak of the pandemic.

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Arkestro

JUNE 6, 2023

Resources / Blog / What Does Finance Think of Procurement? What Does Finance Think of Procurement? Procurement and finance are two sides of the same coin. On the other side, procurement is concerned with keeping company operations running smoothly and judicially making the most of budgets.

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Procurement Software

FEBRUARY 20, 2024

European procurement software startups are growing fast, and we’re constantly seeing new ones landing onto the scene. Lots of European procurement tech startups are still in early or growth phase. Lots of European procurement tech startups are still in early or growth phase. Procuretech in Europe is buzzing right now.

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