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AI and the practice of Procurement – Contracting and Legal

Spend Matters

Having led multiple projects to select and deploy technologies and worked both as a practitioner and a consultant, he knows the amount of time and effort procurement puts into finding a practical solution to help them run more efficiently, and that spurred his move to form iKinetiq. “A That’s an inherent risk in all things GenAI.

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7 Best Procurement Tools to Streamline Your Business Processes

Pipefy

According to Amazon’s 2024 State of Procurement report, 95% of decision makers believe that procurement has room for optimization. What are e-procurement tools? E-procurement software automates an organization’s entire procurement cycle and integrates it into other systems.

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10 CLM Platforms to Take Your Procurement Game to the Next Level

World of Procurement blog

A dedicated CLM platform provides the automation, control, and analytics procurement teams need to maximize the value of contracts while minimizing risk. With the right CLM solution in place, procurement can achieve end-to-end visibility into the contracting process, reduce cycle times, and eliminate inefficient manual tasks.

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13 Best Contract Management Software for the Mid-market

Procurement Software

Being able to manage your contracts in one place, author them, approve them and sign them is a massive productivity boost. Not only that, it also offers a single source of truth, having all of your contract documents and contract management data in one place.

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Unleashing the Power of Procurement Buyers: Delving into this Impactful Role

Arkestro

Regardless of industry, procurement buyers fulfill their role by finding the best suppliers, negotiating contracts, and identifying the most cost-effective, timely procurement of goods. The best procurement buyers have a solid understanding of market trends, supplier performance, and ethical sourcing.

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Agile Procurement: A Smarter Way to Buy

TYA Suite

By adopting an agile approach, companies can make smarter, quicker purchasing decisions, build better with , and adapt to changes without losing time or money. Agility in procurement is becoming increasingly important for businesses to stay competitive, efficient, and responsive in today's fast-paced world.

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Top 10 Procurement Best Practices for Modern Businesses

Empowering CPO

By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. Greater transparency: Real-time tracking of procurement activities allows for better monitoring and control of the entire process.