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How the importance of risk management has changed for procurement – and what to do about it

Spend Matters

A common thread among the conversations we’ve had recently with senior procurement practitioners tells of the extent to which attitudes towards risk have changed over the past decade. According to one procurement leader we spoke to, all that changed around 2020. That statement couldn’t be less true today.

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Best QuickBooks procurement software options

Procurement Express

Thats where QuickBooks procurement software comes in. QuickBooks doesnt offer a dedicated procurement tool. These add-ons help automate and streamline procurement, reducing manual data entry, minimizing errors, and keeping your QuickBooks data in perfect sync. What is QuickBooks procurement software? But heres the catch.

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Procurement transformation starts with getting your house in order – not buying tech

Spend Matters

Spend Matters has been speaking with procurement practitioners and solution providers to get a wide view of how procurement and digital transformation is happening in the real world. We wanted to ask her what she has witnessed as the main motivator for procurement transformation.

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Overcoming Visibility Challenges to Kick-Start Sustainability Initiatives 

ivalua

In our latest study of UK-based procurement, supply chain and finance professionals, we found that 60% of UK businesses have decreased investment in sustainability initiatives as a result of the coronavirus outbreak. Lack of visibility hindering sustainability progress. Procurement needs to get smarter. View infographic.

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Navigating the Future of Supply Chains: Insights & Procurement

Jaggaer

Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supply chains to navigate an increasingly complex global landscape. A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority.

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Reducing Obsolete Inventory: A Practical Guide

SCMDOJO

Such as: Real-time visibility into stock levels Visibility of stock location and movement When accurate and up-to-date information on the product quantity is available to a particular firm, it dramatically helps a company’s growth and reduces obsolescence. Click here! Click here!

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Why Procure-to-Pay Software is Critical Today

ivalua

This month Gartner published its eagerly awaited Magic Quadrant for Procure-to-Pay (P2P) Suites , ranking the top 14 vendors based on ability to execute and completeness of vision. This year’s edition comes at an interesting time, with the Covid-19 pandemic having shifted Procurement priorities and employee working practices.