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The Pivotal Role of Technology in Modern Procurement

World of Procurement blog

Electronic Procurement (e-Procurement) Systems Electronic procurement platforms streamline the purchasing process by allowing businesses to automate operations such as order placement, invoicing, and payment processing. This technology significantly reduces manual work, minimizes errors, and speeds up transaction times.

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The Pivotal Role of Technology in Modern Procurement

World of Procurement blog

Electronic Procurement (e-Procurement) Systems Electronic procurement platforms streamline the purchasing process by allowing businesses to automate operations such as order placement, invoicing, and payment processing. This technology significantly reduces manual work, minimizes errors, and speeds up transaction times.

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Pareto Analysis in Procurement: How To Use Spend Analysis To Cut Costs

Planergy

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This would mean that 70% of your spending is going toward one type of product—in this case, stationery—and 30% is being spent on other types of office supplies.

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Supply Chain Risks: Different Types and How To Mitigate Them

Planergy

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Project Organization Risk Also considered a planning risk, this occurs because you don’t have the right staff or tools in the right place at the correct time.

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Supercharge Your Business With Back-Office Automation: The Ultimate Guide

Pipefy

Business process automation streamlines many time-consuming, labor-intensive, and repetitive tasks typically handled by internal departments like HR, IT, and finance. These solutions can easily store and organize data for back-office processes like accounting, invoicing, and cash flow management. What is back-office automation?

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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.