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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World of Procurement blog

MAY 8, 2024

It helps reduce financial losses from poor contracts, improve vendor relationships through structured coordination, increase operational efficiency and cost savings, minimize revenue leakage, and ensure proper compliance. Effective contract management provides numerous benefits for companies across industries.

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Pipefy

JANUARY 4, 2023

This guide takes an in-depth look at procurement automation to help you understand how and why more businesses are turning to this technology to contain costs, improve visibility, and protect themselves from supply chain disruptions. For example, workflows such as sourcing , vendor onboarding, RFP, and P2P. Preventing missed handoffs.

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Zycus Cognitive Procurement

NOVEMBER 24, 2021

Accounts Payable teams often have to walk a thin line between maintaining a strong supplier relationship and ensuring a positive cash flow. Furthermore, AP teams have a complex mandate as they interact with vendors and other business functions. Timely payment of goods helps in earning supplier discounts. AP automation.

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Pipefy

OCTOBER 24, 2023

This gives teams more visibility and control by providing a central hub for all purchases, payments, and other information. Better visibility improves alignment between buyers, legal teams, and accounts payable. All information can be integrated into a database for easier retrieval, deeper visibility, and to simplify updating records.

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Pipefy

JANUARY 5, 2023

Other motives for automating procurement include solving for high error rates, reducing manual work, and adding visibility to the different workflows and processes that fall under the procurement process umbrella. Enhancing visibility and control. Enhancing visibility and control. Accelerating integrated procurement.

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Pipefy

MAY 9, 2023

The success of these activities directly affects vendor relationships, customer satisfaction, and revenue. Effective modern procurement requires end-to-end process tracking to both view and control the costs, sourcing, quality, and delivery times associated with acquired goods and services.

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Planergy

MARCH 13, 2025

How AP can improve relationships with your key suppliers. Enhanced Reporting and Visibility Having access to real-time expense reporting can lead to better cash flow management while also providing the information needed to make more informed decisions. How to capture early payment discounts and avoid late payment penalties.

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