Spend Matters

AUGUST 28, 2023

In this Spend Matters Vendor Analysis Update, we give an updated overview of Zivio, a solution that helps organizations (buying organizations and MSPs) manage sourcing for complex services categories, such as legal, marketing or facilities management. This content is for members only. Visit the site and log in/register to read.

e2e 98

e2e Sourcing Real-time Visibility Contract 98

Procurement Insights

MARCH 25, 2025

ANSWER #1 AdaptOne could provide significant value to Byrne Dairy , a food and beverage company, by optimizing and digitizing its procurement operations particularly in supplier management , compliance tracking , and procurement workflow visibility. Here’s how: 1.

Real-time Visibility 60

Real-time Visibility e2e Suppliers Contract 60

Jaggaer

OCTOBER 24, 2024

Following widely-known standards keeps your vendor options open so you’re not locked into sourcing from a small pool of specialty suppliers that can negatively impact time to market. Value chain : Transparency in operations and across multiple supplier tiers gives you visibility into potential gaps in supply continuity.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Procurement Insights

MARCH 27, 2025

AdaptOne could provide significant value to Byrne Dairy , a food and beverage company, by optimizing and digitizing its procurement operations particularly in supplier management , compliance tracking , and procurement workflow visibility. Here’s how: 1.

Real-time Visibility 52

Real-time Visibility e2e Suppliers Supply Chain Efficiency 52

ivalua

NOVEMBER 25, 2020

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. Help staff sell procurement’s value during recovery.

Chief Procurement Officer 130

Chief Procurement Officer Agile and Lean Supply Chain Procurement Supply Chain Efficiency 130

World of Procurement blog

MAY 10, 2024

The Promise of AI for Procurement Teams Artificial intelligence (AI) has the potential to transform and revolutionize procurement processes. This supports strategic sourcing efforts. This maximizes value from sourcing partnerships.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

ivalua

JUNE 27, 2022

Far more than “1+1=2”, it’s a combination of the best Source-to-Pay solution with the market leading dynamic discounting environment, joint customers will be able to capture higher yields from their early payment programs turning them into a strategic revenue stream that grows the bottom-line via the C2FO marketplace. .

e2e 130

e2e Buyers Suppliers Supply chain 130

IBM Supply Chain Blog

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. And from that group, 71% would pay a premium for it.

Strategic sourcing 78

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

Procurement Tactics

AUGUST 19, 2022

Vendor sourcing . Nowadays, the vendor management system is key to the success of any procurement team. Using it will help the procurement team to make the most of the supplier relationship. . This course is a perfect fit for ambitious procurement & sourcing professionals. SAP Fieldglass.

Vendor management 130

Vendor management Management e2e Negotiation 130

Procurement Tactics

JUNE 28, 2023

Invest in Technology Leveraging procurement software or enterprise resource planning ERP systems offering a robust tracking and reporting capability. These tools allow for automated, integration to suppliers and visibility in procurement data at any time.

Supply Chain Efficiency 178

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

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

Spend Matters

FEBRUARY 22, 2024

From siloed tools to unified process orchestration Isolated tools that originally helped companies organize and track operations gave way to automated procurement systems, which are now beginning to be nudged out by specialized third-party platforms that create a unified experience for internal and external stakeholders.

Supply Chain Efficiency 111

Supply Chain Efficiency Real-time Visibility Management supply chain software solutions 111

Una

JULY 28, 2022

This is particularly true in terms of the procurement function. Is your procurement team territorial? Does your procurement team behave like a snapping saltwater crocodile? Maverick spend goes wild, savings targets are not met, and procurement fails to realize any value beyond the most basic measures.

Procurement 98

Procurement supply chain budgeting Procurement team e2e 98

ivalua

DECEMBER 18, 2019

Reduction in cost of supporting other master datasets — Supplier master data can overlap with datasets with other datasets creating multiple sources of truth that require maintenance and can become disjointed causing errors. Based on these points, Procurement is generally the lead in many successful supplier master data programs. .

Data 100

Data Suppliers Management Procurement 100

Spend Matters

OCTOBER 26, 2023

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. But mobile phones have radically evolved since 1983, and procurement is still running into the same problems caused by relying on this strategy. Today please get to know akirolabs.

e2e 114

e2e Strategy Procurement team Procurement strategies 114

Pipefy

FEBRUARY 13, 2023

One of the tactical processes leveraged to realize strategic goals is the source-to-pay process. Here’s everything you need to know about source-to-pay, from what it looks like in practice to how source-to-pay automation can improve procurement efficiency. When is source-to-pay used?

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Sourcing e2e Purchase orders Bidding 52

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. Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. How does S2P in Procurement add more value?

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

Zycus Cognitive Procurement

DECEMBER 10, 2021

Advantage Source-to-Pay(S2P). The Source-to-Pay(S2P) process begins with identifying and evaluating relevant suppliers, contracting with those suppliers, placing orders, monitoring the supply of the ordered products and services, authorization, and the final release of payment. Learn More: Zycus Source to Pay Suite.

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Sourcing e2e Contract supply chain budgeting 52

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

Spend Matters

AUGUST 10, 2023

Historically, a lack of dedicated tools and/or a concentrated focus of investments on strategic spend categories have deterred procurement teams from developing effective solutions to manage the tail. The result is increased productivity and tangible business outcomes that highlight procurement’s strategic value to the business.

Spend management 97

Spend management Management e2e Vendor management 97

Spend Matters

JUNE 24, 2024

Orchestration : Beyond the technical aspects, how does the system handle data harmonization, task handover and visibility, and automation? This is where intake and orchestration start to overlap with source-to-pay (S2P). Early involvement can increase total sourcing savings by 5%-10%.

e2e 98

e2e Contract Sourcing Buyers 98

Spend Matters

SEPTEMBER 14, 2023

Strategic sourcing remains critical, especially given our inflationary environment. What we do know is that supply chains often account for more than 90% of a company’s environmental footprint, and SAP can help provide visibility into the data across this value chain. A recurring request is to reduce risk and contain costs.

Procurement 114

Procurement Supply Chain Efficiency Category management e2e 114

Procurement Software

DECEMBER 5, 2022

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are not just fancy acronyms used by consultants, procurement and finance professionals. Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. What is P2P in Procurement?

Sourcing 52

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 52

Pipefy

OCTOBER 25, 2023

From reducing waste and containing costs to mitigating risks such as procurement fraud and inflated expenses, procurement’s insights and expertise can help businesses navigate some of their most pressing challenges. This means bringing the right people — including procurement — to the strategy table.

Innovation 52

Innovation Strategy e2e Supply Chain Efficiency 52

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

Pipefy

JANUARY 4, 2023

But the inherent complexity of the procurement process means that it’s also prone to inefficiencies, errors, and broken handoffs. That makes procurement automation more important than ever. Escalating supply-chain volatility and inflation put pressure on procurement teams to “do more with less.” Containing costs.

Procurement 52

Procurement Procurement team Purchase orders e2e 52

Pipefy

JANUARY 30, 2024

Teams will need to rely on greater investments in the right tools and technology to make these optimizations, from no-code automation to AI and data analytics. That’s where procurement, sourcing, and purchasing technology comes in. To do any of these effectively, they need the right procurement technology.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

Procurement Software

MAY 16, 2023

Mid-market businesses, on the other hand, could invest in this software and easily see a quick return if they have the right change management and procurement talent in place. Above $1 billion businesses are typically a target of established, enterprise source-to-pay and source-to-contract suites.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

Jaggaer

DECEMBER 13, 2024

Its an integrated, end-to-end process that unifies procurement and finance, helping organizations streamline purchasing, minimize delays, and ensure timely payments. A well-managed P2P process improves operational efficiency, controls costs, and enhances compliance with procurement policies.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility e2e 52

Supply Chain Game Changer

MARCH 28, 2020

So if your Procurement team is truly a transactional based organization today then your focus needs to be on getting it out of the dark ages and into modern times. The starting point is defining where you Procurement team is on the Procurement Value Chain continuum. Procurement 101. ” Conclusion.

Procurement 71

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 71

Pipefy

JUNE 14, 2023

Spend analysis in procurement provides teams with actionable insights and improvements to optimize existing procurement processes, reduce costs, increase efficiency, generate bottom-line business value, and grow competitive advantages. Spend analysis is necessary for strategic sourcing. not reviewing spend data regularly.

e2e 52

e2e Real-time Visibility Contract Procurement team 52

IBM Supply Chain Blog

DECEMBER 13, 2023

In addition, a well-crafted procurement framework fosters innovation and sustainability. It can nurture collaborative partnerships with suppliers and integrate ethical and environmental (green purchasing) considerations into the sourcing strategy. A procurement strategy is not merely a series of steps for acquiring goods and services.

Procurement strategies 65

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 65

Jaggaer

OCTOBER 24, 2024

Furthermore, you can provide assistance through efficient communication and encouragement combined with SRM or supplier development. 6: Leverage Technology for Streamlined Processes With a n intelligent, purpose-built source-to-pay (S2P) and supplier collaboration platform , you can cover every aspect of your end-to-end S2P lifecycle.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Agile and Lean Supply Chain 52

Pipefy

JANUARY 5, 2023

Companies that still rely on manual procurement processes are at a competitive disadvantage. That’s because manual procurement processes tend to be inefficient, fragmented, and error-prone. Fortunately for procurement teams, the shift from manual to digital procurement has never been easier or more cost-effective.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

Pipefy

JANUARY 31, 2023

Procurement risks occur wherever visibility and control are limited. Unoptimized P2P processes pose risks not only for procurement and accounts payable teams but also for the business as a whole. Purchases that evade compliance policies occur when visibility is limited by data or collaboration silos.

Risk 52

Risk Procurement e2e Purchase orders 52

Pipefy

OCTOBER 24, 2023

Problem: maverick spend and unmanageable spot requests Recurring emergency purchase requests Poor purchase policy and company alignment Non-compliant purchases repeatedly slip through Solution: centralize, standardize, and automate Pipefy centralizes all communication to give every stakeholder a common, single source of information.

Real-time Visibility 52

Real-time Visibility e2e Procurement Procurement team 52

Pipefy

FEBRUARY 3, 2023

Invoices provide procurement teams the ability to leverage information from past purchases to better inform future purchases. Automated invoice processing simplifies end-to-end invoice processing activities by eliminating the time and costs associated with manually processing invoices.

e2e 59

e2e Management Purchase orders Real-time Visibility 59