Spend Matters

JANUARY 19, 2024

Shifting a greater portion of spending to business stakeholders through self-service channels — while maintaining compliance and adequate risk management — will also amplify operational efficiencies and cost savings. 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

DECEMBER 19, 2023

Companies that are not as prepared for additional ethical, anti-bribery/anti-corruption, and sustainability regulations will have to quickly adapt or risk being left behind. Access Spend Matters dedicated ‘Artificial Intelligence in Procurement’ page for more AI insights. Read Spend Matters series on forced labor and regulations here.

Procurement solutions 111

Procurement solutions Procurement Ethics Risk 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 17, 2024

New forms of contextual decision making and tradeoff analysis across cost, risk, quality and sustainability goals using large language models and predictive analytics. 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

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

JANUARY 16, 2024

As costs continue to spiral upwards and supply chain disruptions become the new norm, procurement leaders must grapple with the dual responsibility of achieving cost savings while considering broader strategic initiatives, such as risk management, sustainability and nurturing vital supplier relationships.

Procurement solutions 103

Procurement solutions Procurement Spend management Supply Chain Optimization 103

Spend Matters

NOVEMBER 18, 2024

The post smartKYC: Vendor Analysis — Supplier risk solution overview, competitors, user considerations, analyst summary appeared first on Spend Matters. This content is for members only. Visit the site and log in/register to read.

Risk 111

Risk Suppliers Supply chain Buyers 111

Spend Matters

JANUARY 8, 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: INVERTO appeared first on Spend Matters.

Procurement solutions 101

Procurement solutions Supply Chain Optimization Procurement Supply Chain Efficiency 101

Spend Matters

JANUARY 10, 2024

Risk management will evolve with emerging risks Businesses are bracing for another challenging year ahead as an influx of threats hits the enterprise. This is a dramatic increase compared to recent years when chief risk officers were much less common. Economic uncertainty still looms.

Procurement solutions 64

Procurement solutions Risk management supply chain budgeting Procurement 64

Spend Matters

MARCH 18, 2025

Freely access Spend Matters TechMatch to directly assess and compare the capabilities of digital procurement solutions. Use Spend Matters comprehensive free vendor directory for more information on procurement tech, services and vendors. Data is refreshed every 6 months. Still have questions and want to talk to a real person?

Procurement 91

Procurement Sourcing Contract Risk 91

Spend Matters

SEPTEMBER 19, 2024

See our Risk Management in-depth guide. Freely access Spend Matters TechMatch to directly assess and compare the capabilities of digital procurement solutions. Use Spend Matters comprehensive free vendor directory for more information on procurement tech services and vendors.

Risk management 122

Risk management Procurement Risk Contract 122

Jaggaer

MARCH 24, 2025

Gen AI & Predictive AI: Enhancing Decision-Making with Smarter Automation Why Its Critical: Gen AI and Predictive AI are transforming procurement by automating not just tasks, but the decision-making process. Ready for Long-Term Procurement Success?

Procurement 52

Procurement Supply Chain Optimization Real-time Visibility supply chain budgeting 52

Spend Matters

AUGUST 29, 2023

Continuing our series of analyst observations on procurement tech market movements, this week we are considering the development of dark web monitoring as a tool in cyber supply chain risk management. Even in the 7-part risk series published last year , cyber risk is treated as a smaller category of risk.

supply chain software solutions 111

supply chain software solutions Risk management Supply chain Risk 111

Pipefy

MAY 23, 2023

In its long history , procurement has evolved from self-contained purchasing entities to an essential business partner handling processes involving several departments and many subprocesses. The risks of errors and bottlenecks alone in manual work make procurement a superb place to begin a digital transformation.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Empowering CPO

JULY 2, 2023

Our vision is to empower businesses through strategic, innovative, and efficient procurement solutions, tailored to meet the unique needs of each client. One of the key areas we focus on is enhancing supplier risk management through our managed procurement services. This is where our blog post comes in.

Risk management 40

Risk management Risk Suppliers Management 40

Spend Matters

APRIL 4, 2024

In this quarter, the Spend Matters analyst team builds on this foundation by giving an overview of how vendors have implemented GenAI in their solutions. As detailed below, the analysts’ work in Q1 took a special interest in solution providers that tackle issues of supplier risk management.

Procurement 110

Procurement Raw materials Risk management supply chain software solutions 110

Spend Matters

MARCH 18, 2025

Freely access Spend Matters TechMatch to directly assess and compare the capabilities of digital procurement solutions. Use Spend Matters comprehensive free vendor directory for more information on procurement tech, services and vendors. Data is refreshed every 6 months. Still have questions and want to talk to a real person?

Procurement 66

Procurement Sourcing Contract Risk 66

Spend Matters

JANUARY 11, 2023

The solution’s flexibility extends to other use cases like category management and innovation which benefit from capturing relevant news and information, thus setting Owlin apart from other SxM/Risk Management solutions. is important, but the volume of news produced makes that a challenge.

Risk 98

Risk Data Category management Buyers 98

Spend Matters

MARCH 5, 2024

Since then, many procurement professionals have subscribed to Spend Matters Insider and TechMatch℠ to gain access to deeper data cuts and vendor intelligence to drive procurement technology selection decisions. Freely access Spend Matters TechMatch to directly assess and compare the capabilities of digital procurement solutions.

Procurement 130

Procurement Sourcing Risk management Ethics 130

Procurement Tactics

OCTOBER 18, 2022

GEP Smart is a complete procurement solution with full spend analysis, sourcing, contract management, supplier management, purchasing, invoice handling, and saving track processes integrated into it. . Additionally, ProcureWare offers visibility and collaboration in supplier management for businesses.

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Arkestro

NOVEMBER 12, 2024

However, as supply chains have evolved into complex, global systems, the demands on procurement, and associated workload have increased significantly. Today’s procurement challenges go far beyond cost negotiations and sourcing. He holds a bachelor’s in economics from The Johns Hopkins University and an MBA from Duke University.

Procurement 52

Procurement Bidding Procurement team Supply Chain Efficiency 52

The Procuretech Podcast

OCTOBER 12, 2021

Hot Digital Procurement and Supply Chain Startups in the ESG and Risk Management Space. On this episode, we’re looking at startups whose mission is solving problems in the rapidly growing and increasingly important ESG and Risk Management area. Next up is Harald Nitschinger, CEO of risk management solution Prewave.

Risk management 40

Risk management Risk Supply Chain Efficiency Management 40

Procurement Tactics

JUNE 28, 2023

Compliance and Risk Management Throughout the procurement process, monitoring compliance with the applicable legislation and regulations is crucial. This includes checking standards of ethics, legal requirements, supplier diversity, and minimizing any risk that may arise in connection with the procurement activities.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Procurement Insights

DECEMBER 6, 2024

This acquisition combined the expertise of both companies to offer customers an extensive portfolio of AgTech software, risk management resources, services, and market intelligence offerings. These included the development of platforms for dairy commodity exchange, supply chain management tools, and industry-focused content.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions supply chain budgeting Supply Chain Optimization 52

Spend Matters

MARCH 25, 2024

We recently spoke with Stuart Brock , founder and President of startup iKinetiq Innovation Solutions which helps procurement functions design the right strategy to optimize processes, gain deeper insights, and enable data-driven risk management with a focus on using AI technologies responsibly.

Procurement contracts 124

Procurement contracts Contract Procurement Negotiation 124

Spend Matters

JUNE 19, 2023

Why buy an SxM with Enhanced Risk solution Despite that there is no single ‘supply risk management’ solution market (i.e., I have seen leading providers with capabilities to identify and manage risks beyond tier-1 suppliers, e.g., CO2 Scope 3 and human rights in supply chains.

Risk 97

Risk Risk management Supply Chain Optimization Suppliers 97

Spend Matters

JUNE 19, 2023

Click to enlarge Contract Lifecycle Management plays a crucial role in organizational risk management. Whether through identifying risks present in existing contracts or proactively avoiding risks in the negotiation/authoring process, vendors use a variety of different techniques for risk management.

Contract 103

Contract Management Negotiation Real-time Visibility 103

Spend Matters

OCTOBER 7, 2024

Join the Spend Matters Analyst Team on October 31 at 10:30 EST as they host “ Unmasking Procurement Excellence: A look at the 2024 Spend Matters 50/50 Lists ,” a webinar covering this year’s 50 to Watch, 50 to Know and Future 5 lists.

Influencing 110

Influencing Procurement Procurement solutions Innovation 110

World of Procurement blog

APRIL 23, 2024

Contract Management Systems By automating contract creation, storage, and monitoring, these systems ensure compliance, reduce risks, and foster better supplier relationships. Cloud-Based Procurement Solutions Cloud technology has made procurement systems more accessible, scalable, and secure.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 52

World of Procurement blog

APRIL 23, 2024

Contract Management Systems By automating contract creation, storage, and monitoring, these systems ensure compliance, reduce risks, and foster better supplier relationships. Cloud-Based Procurement Solutions Cloud technology has made procurement systems more accessible, scalable, and secure.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 52

Planergy

MARCH 18, 2025

How better management in AP can give you better flexibility for cash flow management. Use PLANERGY to manage purchasing and accounts payable Weve helped save billions of dollars for our clients through better spend management, process automation in purchasing and finance, and reducing financial risks.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 52

Supply Chain Game Changer

JANUARY 21, 2021

Meanwhile, 60% of procurement teams have no tools or rely primarily on improvised systems for Supplier Management. When looking at risk management, category management, and information sharing, that number is as high as 70% ( Bain & Company 2018 ). Is Procurement drowning in data?

Data 85

Data Procurement Supply Chain Efficiency Procurement team 85

TYA Suite

JANUARY 27, 2025

Advanced Features of Procurement Management Systems are advanced features of procurement management systems that enable electronic transactions between buyers and suppliers. These solutions streamline the by automating tasks such as vendor registration, bid submission, and order placement.

Real-time Visibility 40

Real-time Visibility Management Procurement supply chain budgeting 40

ivalua

SEPTEMBER 2, 2019

You need to get your house in order, and Procurement leaders can use the report as a stick to beat their own bosses and Boards with, to ensure that Procurement gets the resources it needs, at least to execute the more fundamental requirements outlined here. . The post EBA Guidelines – A Call to Action for Banking Sector Procurement?

Procurement 140

Procurement Contract Risk Suppliers 140

Procurement Insights

AUGUST 14, 2024

Supporting the Liquor Control Board of Ontario (LCBO) during a rail strike requires a procuretech provider that offers strong supply chain visibility, risk management, and flexibility in sourcing and logistics. Supply Chain Visibility and Risk Management 3. Flexible Procurement and Logistics Solutions 4.

Real-time Visibility 49

Real-time Visibility Supply Chain Visibility Supply Chain Efficiency Supply Chain Optimization 49

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Procurement teams equipped with risk management tools can ensure business continuity and minimize potential negative impacts.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Zycus Cognitive Procurement

JANUARY 12, 2021

Start by getting the most out of your spend analytics solution. While small companies rely on home-grown tools and larger organizations use legacy ERP-based spend analytics solutions, they realize the need for a dedicated procurement solution only after such tools have either reached a stage of saturation or failed.

Contract 52

Contract Sourcing Chief Procurement Officer Contract management 52