Supply Chain Brain

DECEMBER 13, 2024

The GPSR updates existing rules to reflect the growth of online commerce, and aims to give better protections to consumers.

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Jaggaer

DECEMBER 13, 2024

Understanding Procure-to-Pay (P2P) Strategies and Solutions Procure-to-pay (P2P) is a crucial process for organizations looking to streamline procurement, improve financial management, and enhance supplier relationships. We break down the entire P2P process, including steps, solutions, and related processes like source-to-pay and order-to-cash. Dive into these essential insights to gain a clear understanding of how P2P can optimize your procurement workflow.

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Strategy Procurement Procurement strategies Contract 52

Planergy

DECEMBER 13, 2024

The post Expense Receipts: What Are They and Why Tracking Proof of Purchase for Business Expenses Is Important appeared first on PLANERGY Software.

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Jaggaer

DECEMBER 13, 2024

Order-to-Cash vs. Procure -to-Pay: A Comprehensive Overview While Procure-to-Pay (P2P) is widely recognized as a key process in managing organizational spend, its counterpart on the revenue side, Order-to-Cash (O2C), often raises the question s : whats the difference and how does it fit into the bigger picture? P rocure-to-pay ( P2P ), the downstream part of the end-to-end supplier management and procurement process, focuses on the expenditure side of the business.

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Advertiser: GEP

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

Category management

CPO Rising

DECEMBER 13, 2024

Did you miss Ardent Partners’ recent webinar,Cast a Wider Net: Leveraging Innovation to Expand Procurements Influence and Impact,that shed light on how procurement can deliver greater value by focusing on… The post Part Two: Expanding Procurement’s Influence Bridging Complexity with Orchestration appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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Jaggaer

DECEMBER 13, 2024

Understanding P2P: The Core of Effective Procurement The procure -to-pay (P2P) process drives purchasing efficiency for organizations of all sizes, covering every stage from initial requisition to final payment. This end-to-end workflow , typically managed by procurement and finance teams, ensures compliance, efficiency, and transparency across transactions.

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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. Its an integrated, end-to-end process that unifies procurement and finance, helping organizations streamline purchasing, minimize delays, and ensure timely payments.

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Procurement Insights

DECEMBER 13, 2024

Hi Jon, Did you see that paper by GEP / CIPS? I didn’t read it, yet. Thank you for sending it; I hadn’t seen it. Interestingly, GEP has been following me and my posts on LinkedIn in increasing numbers and frequency lately. 1999 Revisited (Video) – Real Agents Leveraging AI GEP Autonomous Agentic AI Agents (High-Level Summary) GEP is set to revolutionize procurement and supply chain operations by introducing autonomous AI agents into the Source-to-Contract (S2C) and Procure-to-P

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Supply Chain Efficiency Agile and Lean Supply Chain Supply chain Supplier relationship management 59

Jaggaer

DECEMBER 13, 2024

What are P2P solutions? Procure-to-pay i s a specific subdivision of the procurement pr ocess. Whereas source-to-contract describe s upstream processes, includ ing sourcing and contract management, procure-to-pay refers to the downstream activities involved in actually acquiring goods and services. P rocure-to-pay solutions create approval flows that ensure the savings negotiated during the upstream S2C part of the procurement process are delivered to the companys bottom line.

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Supply Chain Efficiency Eprocurement Procurement Contract 52

Supply Chain Brain

DECEMBER 13, 2024

ILA workers went on a short but crippling strike in October and, after securing a large wage increase, agreed to go back to work until January 15.

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Advertiser: ZoomInfo

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

Data

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. The bulk of this confusion is caused by only have a partial view of the total process and where we fit into it.

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