Spend Matters

SEPTEMBER 14, 2023

In a second one, we are talking to the end users about their expectations and requirements. This week we spoke with Baber Farooq, Senior Vice President and Head of Market Strategy for SAP Procurement Solutions. Over the last few years, life has been an adventure for procurement professionals.

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Una

AUGUST 30, 2022

For old-school procurement professionals , going digital may simply mean moving away from paper-based processes. A recent paper from Deloitte has helpfully categorized digital procurement into three areas: automated P2P (Procure-to-Pay), proactive SRM (Supplier Relationship Management), and predictive S2C (Source to Contract).

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Spend Matters

OCTOBER 1, 2024

Innovation and collaboration with customers were major themes, with future developments like ‘co-pilots’ being explored to enhance compliance, supplier management, data insights and more. He emphasized the need for solutions that are adaptable, secure and forward thinking.

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Procurement Software

MAY 16, 2023

Onventis Onventis provides a Procure-to-Pay module for buyers that streamlines the procurement process from purchasing to payment. The software automates workflows and approvals, manages supplier catalogues, and provides real-time analytics for better decision-making. They are not an end-to-end procurement software suite.

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Let's Talk Supply Chain

JUNE 5, 2023

Logward is a logistics technology company offering supply chain management as a service, delivering end-to-end visibility as well as control over freight shipments through cloud based solutions. 22.23] A closer look at Logward’s Sourcing Solutions – what they do, the key features and benefits.

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Pipefy

NOVEMBER 24, 2023

This guide explores the ability of these solutions to improve business efficiency and reduce operational costs, surveys the many types of tools on the market, their benefits, and essential features. What are procurement tools? How are procurement solutions classified? What are e-procurement tools?

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Pipefy

JUNE 15, 2023

As businesses complete their digital transformation and move away from complex (and often manual) legacy systems, modern procurement solutions are rapidly replacing traditional methods. Build a more efficient procurement with the Definitive Guide to P2P Optimization Download free guide What is cloud procurement?

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Jaggaer

OCTOBER 22, 2020

In our poll, webinar participants saw business partnering, supplier innovation and collaboration, and supply chain risk management as their key areas of focus for procurement. Purchase orders were issued through the ERP system, but with no link to the approvals workflow and procurement decisions.

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Spend Matters

JUNE 19, 2023

What does a Spend Analytics solution do? Spend Analytics solutions provide a single view into all historic, current and planned supplier spending in order to improve that spending through better sourcing, compliance and demand management. normalizing/enhancing spend data for benchmarking), causal factor analysis (i.e.,

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Arkestro

DECEMBER 12, 2022

Here are some challenges in health and pharma procurement—and how to overcome them. Limited Supplier Network. Relying on a limited number of suppliers can lead to back-orders and other delays. Supply Chain Visibility. Supply chain visibility is another critical issue. Managing Supplier Relationships.

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Empowering CPO

JULY 16, 2023

Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.

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World of Procurement blog

JANUARY 12, 2022

Additionally, in-house legal teams use non-qualified commercial professionals to review and draft contracts for their supplier facing contracts. This shift will mean more focus on contract authoring, which procurement solutions typically don’t offer.

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Empowering CPO

JULY 2, 2023

The procurement process, which involves sourcing and purchasing goods and services, plays a vital role in ensuring businesses operate efficiently and competitively. Yet, the intricacies of this process, especially in terms of supplier management, can present a myriad of challenges. This is where our blog post comes in.

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Pipefy

JUNE 14, 2023

Key takeaways Spend data is the information related to a company’s spending, specifically goods and services purchased from external suppliers or vendors. Visibility into procurement categories and effective management of categories fosters benefits like greater risk management and less costly supplier redundancies.

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Barkers Procurement

DECEMBER 5, 2024

The business had grown significantly through acquisition creating inherent alignment challenges, exposing its aging procurement systems and ways of working, and creating bottlenecks in its supply-chain and accounts payable processes. Over 120 digital catalogues were considered.

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Procurement Software

MARCH 5, 2024

The software was founded by a group of seasoned procurement professionals who have developed a full-suite spend management platform with two overriding principles: time to value and ease of use. FRDM’s platform integrates with procurement data to map supplier relationships across multiple tiers automatically.

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Pipefy

DECEMBER 20, 2023

However, the successful execution of a strategic procurement process can streamline and even simplify decisions for operational purchases required for businesses. With the analysis of supplier performance data, purchase managers can make decisions that benefit the company faster and more accurately.

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Procurement Software

JANUARY 9, 2024

Paid Paid is one of the leading British procurement startups offering invoice financing automation. This facilitates a complete transformation of how businesses transact with long tail suppliers in the procure-to-pay (P2P) cycle. With Canopy, you can pull all the data about a supplier into a Vendor Master Record.

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supply chain software solutions Procurement Real-time Visibility Supply Chain Efficiency 52

Empowering CPO

JULY 16, 2023

Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.

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Pipefy

JULY 31, 2023

One way companies can become more agile and remain competitive despite economic uncertainties is end-to-end business process automation. This stress and increased workload trickles down to additional employees, who then experience slow response times, delayed action, and a lack of visibility into the status of their requests.

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Zycus Cognitive Procurement

JULY 27, 2021

If only human procurement practitioners were involved, the answer would be yes, but this is the digital era. You can perform a task such as spend analysis or category market analysis in next to no time with the aid of a smart procurement solution. PROCURE-TO-PAY AUTOMATION: IDENTIFYING PROCESS GAPS. Account Payables.

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Procurement Software

JULY 18, 2023

We also touch on a few more niche solutions for SMEs, for example project management software, supplier intake, accounts payable automation, “build-a-bot”, as well as a negotiation planning guidance tool. This is a great solution for either “lone ranger” procurement managers.

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Spend Matters

AUGUST 10, 2023

. “By combining our technology and tail spend expertise with Kearney’s distinctive, agile approach to strategic consulting, operations, sustainability, and governance, we can broaden the scope of our delivery of a comprehensive procurement solution that drives truly impactful outcomes for our clients.”

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Procurement Insights

JANUARY 19, 2025

ManMan by ASK Group : Overview : ManMan was an early ERP system with procurement capabilities, used predominantly in manufacturing environments. Significance : As one of the pioneering ERP systems, ManMan set the stage for future developments in integrated procurement solutions.

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