Remove Negotiation Remove Procurement solutions Remove Real-time Visibility
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Here is an example of a potentially great and unexpected procurement solution suite!

Procurement Insights

Risk Mitigation: Real-time supplier risk scoring (e.g., Zycus Overview: A pioneer in cognitive procurement with a GenAI-powered Source-to-Pay suite (Merlin AI), serving large enterprises. Tech Modernization: Automates 70-80% of P2P tasks, cutting $15K-$400K in legacy waste and enhancing visibility across Chevrons operations.

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Key Procurement Technology for Excellence in 2025

Jaggaer

Together, they enable procurement teams to move from reactive to proactive, optimizing sourcing strategies, improving supplier negotiations, and ensuring more accurate, real-time decision-making. Impact on Procurement: Spend analytics give CPOs visibility into spending patterns, supplier performance, and inefficiencies.

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10 Digital Procurement Quick Wins

Procurement Software

Digital procurement tools offer both immediate benefits and long-term returns. While full-scale digital transformation certainly takes time, organisations can see rapid improvements in efficiency, collaboration, and data accuracy right from the outset. As a result of better data, procurement teams gain a whole range of benefits.

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What is eProcurement?

ivalua

– Spend control through real-time visibility into budget consumption, negotiated prices, preferred suppliers, engagement channels. Also, an eprocurement solution provides you with clean spend data, which is the basis for a sound spend analysis and eventually relevant category management.

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Episode 137: Using Visibility to Combat Supply Chain Abstraction with Frank Kenney

Una

EPISODE 137 Using Visibility to Combat Supply Chain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.

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How Real Estate Can Benefit from a Procurement Management System

TYA Suite

The real estate industry, characterized by intricate processes and substantial investments, constantly seeks ways to enhance efficiency, reduce costs, and ensure timely project completion. This comprehensive solution streamlines procurement activities, improves and provides transparency across the entire supply chain.

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Procurement Technology: What Public Sector Organizations Should Look For in 2025

Jaggaer

Navigating Regulatory Changes Public sector organizations need procurement solutions that align with new frameworks, such as the UK Procurement Act, which comes into force in February. Strengthening Cybersecurity The rise in cyber threats has made robust security measures a non-negotiable aspect of procurement technology.