Spend Matters

JANUARY 15, 2024

As public procurement teams look for ways to increase their supplier pool, many are being required to prioritize local, veteran- and minority-owned business proactively within the procurement function. Effective contract administration is the last outcome of the S2C focus in public procurement.

Procurement solutions 105

Procurement solutions Procurement Contract administration Contract 105

Spend Matters

JUNE 19, 2023

What does an E-Procurement solution do? E-procurement solutions use an electronic interface to automate, guide and approve the purchase and reception of products and services. budget compliance and inventory availability), enable effective spend, preferred supplier and category management.

Procurement solutions 98

Procurement solutions Procurement supply chain budgeting Real-time Visibility 98

Spend Matters

MARCH 11, 2024

To overcome these challenges organizations often look for a technology solution that offers automation, centralized data management and streamlined workflows. It is exactly the kind of challenge that VORTAL addresses. This content is for members only. Visit the site and log in/register to read.

Procurement solutions 117

Procurement solutions Sourcing Procurement Market analysis 117

Spend Matters

MARCH 3, 2025

This analysis looks at Hivebuys procure-to-pay solution, its platform and application modules; it gives a competitive landscape assessment, a look at its future roadmap and offers user considerations and an analyst summary. Its integration capabilities and rapid deployment make it a strong market contender.

Budget 113

Budget Buyers Procurement solutions Procurement 113

Spend Matters

JANUARY 5, 2024

Navigating the Nexus: Supply chain risk and Scope 3 carbon emissions assessments Traditionally, the aim of managing supply chain risk was to increase the efficiency and cost-effectiveness of logistics networks. This makes it easier for enterprises to integrate Scope 3 data into their supply chain risk management solution.

Procurement solutions 111

Procurement solutions Supply Chain Efficiency Procurement Raw materials 111

Spend Matters

JANUARY 26, 2024

CLMs are central to the CPO transformation Chief procurement officers have moved deliberately from being tacticians who execute ‘3 Bids and a Buy’ to become stewards of ‘Risk-optimized strategic category management.’ For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider.

Procurement solutions 110

Procurement solutions Chief Procurement Officer Procurement Contract 110

Spend Matters

JANUARY 30, 2024

Today let’s hear from the last of the submissions for this year: Ruth Orenstein, Senior Director of Product Management at Tipalti , a provider of supplier management solutions and one of Spend Matters 50 Procurement Providers to Know. In particular, companies are streamlining their intake management process.

Procurement solutions 107

Procurement solutions Procurement Spend management Collaboration 107

Spend Matters

DECEMBER 15, 2023

Shaping the next generation of procurement professionals In 2024, as emerging technologies continue to redefine the workplace and professional landscape, and industries embrace AI, procurement departments will rethink their strategies to source top talent, retrain existing employees and attract the next generation of procurement professionals.

Procurement solutions 111

Procurement solutions Procurement Agile and Lean Supply Chain Contract 111

Spend Matters

DECEMBER 21, 2023

AI can help create greater efficiency and value across all source-to-pay processes, including spend analysis, opportunity identification, sourcing and contract management, category management, supply relationship management and risk management.

Procurement solutions 110

Procurement solutions Procurement e2e Real-time Visibility 110

Spend Matters

JANUARY 11, 2024

Procurement will step into the center of risk management As the risk landscape continues to change at an alarming rate, organizations can no longer afford to look at risk one dimensionally. For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider.

Procurement solutions 102

Procurement solutions Procurement Risk management Procurement team 102

Spend Matters

JANUARY 19, 2024

This ensures that all sourcing is done according to compliance rules and processes, and it also demystifies the process and speeds up the outcome so that every employee can act as a procurement professional. For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider.

Procurement solutions 114

Procurement solutions Procurement Sourcing Innovation 114

Spend Matters

JANUARY 25, 2024

I believe that the scope of procurement will not contract back to a sole focus on supply stability and cost containment. The challenge facing procurement will be how to tackle all of this successfully. Salvatore Lombardo , SVP, Chief Product Officer, SAP Ariba Procurement Solutions, SA.

Procurement solutions 101

Procurement solutions Procurement supply chain software solutions Supply Chain Efficiency 101

Spend Matters

JANUARY 4, 2024

For example, with a robust configuration, GenAI could be used in supplier relationship management to analyze supplier documents like ESG disclosures and contracts, generating queries and recommended resolutions to issues spotted via performance evaluations.

Procurement solutions 114

Procurement solutions Procurement Agile and Lean Supply Chain Supplier relationship management 114

Spend Matters

DECEMBER 12, 2023

In no order of preference, other than by the date they arrived in our inbox, today let’s hear from: Nick Heinzmann, Head of Research at Zip , provider of e-Procurement and intake management solutions and one of Spend Matters 50 Procurement Providers to Watch. You can read our in-depth analysis of Zip’s solution here.

Procurement solutions 110

Procurement solutions Procurement Sourcing Strategy 110

Spend Matters

JANUARY 24, 2024

In no order of preference, other than by the date they arrived in our inbox, today let’s hear from Richard Hogg, CEO at Vizibl , a provider of supplier management solutions and one of Spend Matters 50 Procurement Providers to Watch.

Procurement solutions 111

Procurement solutions Procurement Supply Chain Efficiency Consumer demands 111

Spend Matters

JANUARY 3, 2024

For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider. The post New Year Insights for the procurement solutions and services marketplace 2024: Scoutbee appeared first on Spend Matters.

Procurement solutions 117

Procurement solutions Procurement Procurement team Budget 117

Spend Matters

DECEMBER 13, 2023

In no order of preference, other than by the date they arrived in our inbox, today let’s hear from Julia Salant, general manager, carbon solution at EcoVadis. For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider.

Procurement solutions 113

Procurement solutions Supply Chain Efficiency Procurement supply chain software solutions 113

Spend Matters

JANUARY 23, 2024

In no order of preference, other than by the date they arrived in our inbox, today let’s hear from Aylin Basom, CEO of Supplier.io , provider of supplier management solutions and one of Spend Matters 50 Procurement Providers to Know. appeared first on Spend Matters.

Procurement solutions 110

Procurement solutions Procurement Procurement strategies Suppliers 110

Spend Matters

JANUARY 18, 2024

By focusing on orchestration — the ability to synchronize interdependent procurement teams, systems and processes — procurement leaders will see improvements in operations efficiency as well as benefits in the management of cost, teams, risk and sustainability as a matter of course.

Procurement solutions 114

Procurement solutions Procurement Innovation Procurement team 114

Spend Matters

JANUARY 16, 2024

Redefining procurement in 2024: A quest from cost savings to strategic value creation Today, procurement leaders find themselves at a crossroads, torn between the age-old pursuit of cost savings and the imperative to infuse strategic value into their organizations.

Procurement solutions 103

Procurement solutions Procurement Spend management Supply Chain Optimization 103

Spend Matters

JANUARY 17, 2024

There will be a critical need for companies to tap into AI applications across market intelligence, design for cost and supply chain, risk management and agile direct materials sourcing. For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider.

Procurement solutions 103

Procurement solutions Agile and Lean Supply Chain Procurement Supply Chain Optimization 103

Spend Matters

JANUARY 12, 2024

Key to that process will be procurement leveraging its risk-reduction capabilities, exemplified by the 35% of senior leadership committing to focus more on mitigating risks from economic and geopolitical challenges, per global decision makers and senior management surveyed in the 2024 Amazon Business State of Procurement Report.

Procurement solutions 111

Procurement solutions Procurement supply chain budgeting Procurement team 111

Spend Matters

MARCH 26, 2025

Companies with multiple locations and decentralized procurement processes are increasingly seeking automation, visibility and control over their spending and, consequently, are moving toward more holistic procurement solutions.

Spend management 72

Spend management Buyers Procurement solutions Procurement 72

Spend Matters

JANUARY 8, 2024

In no order of preference, other than by the date they arrived in our inbox, today let’s hear from Sushank Agarwal, Managing Director of INVERTO. For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider.

Procurement solutions 101

Procurement solutions Supply Chain Optimization Procurement Supply Chain Efficiency 101

Jaggaer

MARCH 7, 2025

Advanced technologies such as AI, automation, and predictive analytics are playing a pivotal role in optimizing procurement processes, enhancing transparency, and driving efficiency. But what does the future hold for public procurement, and how can technology fine-tune the process to perfection?

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Procurement Supply Chain Optimization 52

Spend Matters

SEPTEMBER 26, 2024

For this year’s Spend Matters Fall 2024 SolutionMap release – our comprehensive methodology designed to help organizations evaluate and select procurement solutions – we launched a new module: third-party (and supply chain) risk management (TPRM and SCRM).

Risk management 117

Risk management Risk Management Procurement 117

Spend Matters

DECEMBER 14, 2023

They must, in parallel, be willing to challenge the status quo and discover how new technologies can help reimagine the way the procurement function works. Finally, they should ensure that new digitally enabled workflows are supported by a solid change management plan to facilitate adoption.

Procurement solutions 102

Procurement solutions Procurement Procurement team Change management 102

Procurement Tactics

JUNE 19, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Your Ultimate Guide To Launching A Digitized Procurement Startup One of the biggest advantages of digitization in the procurement industry is that it allows you to use data analysis to make informed decisions.

Procurement 201

Procurement supply chain software solutions Procurement strategies Collaboration 201

Spend Matters

JULY 11, 2023

Each week our analysts turn their eye to the procurement tech trends they are observing in the marketplace. This week we discuss the growing use of blockchain in procurement solutions. Recently, however, it has found a receptive audience in the procurement space. ” Read more … This content is for members only.

Procurement solutions 74

Procurement solutions Procurement Management 74

ivalua

MARCH 16, 2020

Redwood City/Warsaw/ Hamburg – March 17th, 2020 | Ivalua, a leading global provider of procurement management solutions, and OptiBuy, Ivalua’s long-standing implementation partner, announced their selection by Körber to enable a digital procurement transformation. About Körber.

Agile and Lean Supply Chain 49

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Chief Procurement Officer 49

Spend Matters

OCTOBER 18, 2023

This year, our analysts identified three solution providers that have proven their potential to be considered best-in-class, one of which is SIM (supplier information management) and SDM (supplier discovery management) specialist Scoutbee. Our discovery solution was incredibly impactful and effective during Covid.

Procurement solutions 114

Procurement solutions Procurement Suppliers Management 114

Spend Matters

JANUARY 22, 2024

The delegation of lower-tier sustainability management to first-tier partners, coupled with incentivization through preferred supplier programs or long-term contracts, can serve as catalysts for transformative change. For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider.

Procurement solutions 97

Procurement solutions Procurement Supply Chain Efficiency Sustainability 97

Spend Matters

OCTOBER 31, 2024

Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. Driving year-over-year sustainable procurement cost savings is among the top targets for most manufacturing companies.

Real-time Visibility 120

Real-time Visibility Supply Chain Efficiency Buyers Supply Chain Optimization 120

Spend Matters

DECEMBER 18, 2023

For granular analysis and comparisons of procurement technology solutions, subscribe to Spend Matters Insider. The post New Year Insights for the procurement solutions and services marketplace 2024: The Classification Guru appeared first on Spend Matters.

Procurement solutions 102

Procurement solutions Procurement Supply Chain Efficiency Quality 102

Spend Matters

NOVEMBER 7, 2024

Spend Matters honors a vast array of procurement solution providers each year by selecting them for our ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ celebration lists. Subsequently, I moved to the Bay Area to serve as the Chief Procurement Officer at a rapidly growing tech startup that had just gone public.

Supply Chain Efficiency 111

Supply Chain Efficiency Risk management Real-time Visibility Ethics 111

Procurement Software

MARCH 16, 2025

A strong data foundation will also facilitate a faster return on investment when implementing AI-driven analytics for future procurement optimisation opportunities. Fewer Emails Procurement teams typically manage more suppliers than Sales teams do customers.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency Purchase orders 52

Spend Matters

JULY 25, 2022

I, and other members of the Spend Matters analyst team, spent the event at a tech analyst session, but we also made sure to spend time with customers, partners and Coupa senior management. modeling and management of the n-tier inbound value chain to do things like cost-to-serve analysis or supply risk analytics).

Spend management 98

Spend management Supply Chain Optimization Supply chain management Supply chain management 98