Spend Matters

JANUARY 16, 2024

Here, spend analytics, e-sourcing and tail spend management have emerged, not just as business tools but also as catalysts of change, sculpting a new narrative in the source-to-pay domain. Efficiency gains in the procurement lifecycle contribute directly to cost optimization by reducing manual effort and cycle times.

Procurement solutions 103

Procurement solutions Procurement Spend management Supply Chain Optimization 103

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

A well-defined procurement strategy is the key to optimizing your procurement process. This strategy builds strategic partnerships, mitigates risks, and ensures a smooth flow of goods and services. This strategy unlocks benefits like cost reduction, risk management, and strong supplier relationships.

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52

Planergy

MARCH 19, 2025

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Cost Efficiency: Thoughtful management helps schools meet financial goals by eliminating waste. Proper risk management protects against these situations.

Suppliers 52

Suppliers Management supply chain budgeting Supply Chain Efficiency 52

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. According to Supply Chain Now’s Greg White, the cracks have been exposed and there is nowhere to hide.

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

Planergy

FEBRUARY 24, 2025

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. How better management in AP can give you better flexibility for cash flow management. What's PLANERGY?

Procurement 52

Procurement supply chain budgeting Supply Chain Efficiency Budget 52

Spend Matters

OCTOBER 4, 2024

So, the term ‘spend orchestration’ that some like to use is really just upgraded spend management. TPRM is a huge opportunity right now, as document-centric approaches die when they reach the scale needed to perform supplier management (i.e., See our risk management guide and ongoing TPRM coverage.

Sustainability 112

Sustainability Spend management Real-time Visibility Supply Chain Optimization 112

Spend Matters

JULY 10, 2024

Part 1 Part 2 Sourcing ivoflow ‘s direct spend management solution combines internal procurement data and external market intelligence to surface new value-delivery opportunities and allow initiative management that ensures these opportunities are actually realized.

Procurement 114

Procurement Management Contract Sourcing 114

Spend Matters

JANUARY 5, 2024

While it is best known for its end-to-end CLM for legal, procurement, sales and risk teams, CobbleStone Software ’s capabilities also touch on sourcing and e-procurement, giving it broad coverage of procurement processes. It makes the invisible visible through discovery and continuously monitors key issues to supply chain risk.

e2e 103

e2e Procurement supply chain software solutions Contract 103

Skill Dynamics

JULY 19, 2024

The Foundation of a Successful Procurement Strategy To put it simply, a procurement strategy is a plan that outlines how an organization optimizes its external spending, manages its various supplier relationships, and maintains streamlined internal processes to support cost-effectiveness and generate efficiency.

Procurement strategies 90

Procurement strategies Strategy Procurement supply chain budgeting 90

Planergy

SEPTEMBER 5, 2023

We will also look at how spend management software , like Planergy, can help keep track of expenses and control spending within budget limits. Using spend management software, like Planergy, will allow you to gain real-time spend visibility and make better decisions. Why is Business Budgeting Important?

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

TYA Suite

JANUARY 27, 2025

This comprehensive solution streamlines procurement activities, improves and provides transparency across the entire supply chain. Understanding Procurement Management in Real Estate Procurement in real estate involves acquiring goods, services, and works necessary for the development and maintenance of properties.

Real-time Visibility 40

Real-time Visibility Management Procurement supply chain budgeting 40

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. Here’s why: 1.

Real-time Visibility 49

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

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. Improve spend management by implementing a buying plan Effective spend management is crucial for any organization’s financial health.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Jaggaer

DECEMBER 13, 2024

The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay Whether youre new to the world of procurement and supply chain management, or a seasoned veteran; whether you work in a major manufacturing industry, a university, or a medium-sized clinical research organization, you may find procurement jargon rather confusing.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

NLPA (Next Level Purchasing Association)

FEBRUARY 29, 2024

In today’s dynamic business landscape, category management in procurement has become an essential weapon for procurement teams seeking to optimize spend, strengthen supplier relationships, and drive growth. This is where category management in procurement emerges as a game-changer.

Category management 52

Category management Management Procurement Supplier relationship management 52

Pipefy

JANUARY 30, 2024

In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization. Teams will need to rely on greater investments in the right tools and technology to make these optimizations, from no-code automation to AI and data analytics. Purchase orders.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

Arkestro

MARCH 27, 2024

After years of focusing on cost reduction, the majority of procurement leaders say they plan to spend more and increase workloads in 2024, meaning procurement buyers will have more power to influence change and optimize spend across the entire supply chain. But what does a procurement buyer do, exactly?

Buyers 52

Buyers supply chain budgeting Supply Chain Efficiency Procurement 52

Jaggaer

OCTOBER 10, 2024

Now we have entered a period of relative stability, spend management and cost reduction has moved back to the top spot, and ensuring supply continuity has moved from first down to second. Strengthen third-party risk management visibility and capability JAGGAER delivers unique strengths in this area.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain software solutions Supply Chain Efficiency Supply Chain Optimization 52

HICX

SEPTEMBER 16, 2024

According to the Logistics Bureau , strategically reducing supply chain costs can substantially boost net profits, while the scope for potential reductions remains wide open. This is especially the case as supply chains become increasingly complex and digitalized.

Suppliers 52

Suppliers Management supply chain software solutions Supply Chain Efficiency 52

Procurify

JULY 20, 2022

So, what are the common challenges purchasing managers face today, and how can they address them? Risk management and mitigation. Risk management and mitigation is a primary purchasing challenge today. Before, purchasing managers often prioritized spend management. Issues with deliveries.

Purchasing 52

Purchasing Management Supply Chain Efficiency supply chain software solutions 52

Procurement Software

JULY 9, 2024

Procurement tools for direct spend need to be tailored to work with your supply chain, quality and production teams. Indirect procurement software, however, centres around purchase order management , expense tracking, and vendor management for non-production items. Where can tech make a difference on direct spend?

Raw materials 40

Raw materials supply chain software solutions Procurement Supply Chain Efficiency 40

Jaggaer

OCTOBER 22, 2020

Optimizing cost, in the order of a 20-25% reduction on the current situation, is therefore a must in order to survive. Spend management and procurement will play a key role in enabling banks to achieve their efficiency targets while managing supply chain risks,” he added.

Suppliers 52

Suppliers Strategy Supply Chain Efficiency Agile and Lean Supply Chain 52

Una

OCTOBER 9, 2023

How to Implement a Strategic Sourcing Process A play-by-play manual showing how to implement a strategic sourcing process that aligns with your organization’s goals, optimizes spend, and creates long-term value. By proactively addressing risks, organizations can safeguard their supply chains and drive efficiencies.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Empowering CPO

JULY 17, 2023

Procurement teams are often confronted with issues such as maintaining cost control and visibility over spending, managing relationships with a diverse range of suppliers, staying compliant with a myriad of regulations, mitigating risks in the supply chain, and leveraging new technologies effectively.

Procurement 40

Procurement Supply Chain Efficiency Real-time Visibility Supply Chain Optimization 40

Empowering CPO

JULY 17, 2023

Procurement teams are often confronted with issues such as maintaining cost control and visibility over spending, managing relationships with a diverse range of suppliers, staying compliant with a myriad of regulations, mitigating risks in the supply chain, and leveraging new technologies effectively.

Procurement 40

Procurement Management Supply Chain Efficiency Real-time Visibility 40

Empowering CPO

JUNE 26, 2023

Explanation of Spend Analysis and its Importance in Healthcare In the ever-evolving landscape of the healthcare industry, optimizing costs and maximizing efficiency has become paramount. This is where spend analysis steps in as a powerful tool to help healthcare organizations gain deep insights into their procurement activities.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

Una

AUGUST 31, 2023

Supplier diversity Maintaining a diverse supplier base is important in terms of risk mitigation and ESG. Small businesses may struggle to find and engage with diverse suppliers, potentially missing out on valuable opportunities and risking reputational damage. With Una’s assistance, strategic sourcing for SMEs is possible.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supplier relationship management 52

Procurement Software

MARCH 5, 2024

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. Raindrop has also been recognised as a cloud-enabled procurement focused Contract Lifecycle Management (CLM) application. FRDM FRDM is a software company specialising in supply chain risk management.

Real-time Visibility 52

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

Pipefy

JANUARY 5, 2023

Build better procurement processes with the Definitive Guide to Workflow Management Download now. Digital procurement is the use of technology to optimize and automate procurement processes and workflows. But effective procurement goes beyond these tasks to include activities such planning, strategy, and supply chain management.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

Zycus Cognitive Procurement

JANUARY 31, 2023

By engaging in SRM practices, businesses can identify the best suppliers from which to source materials and services, optimize costs, mitigate risk, explore new opportunities for top-line growth through supplier innovation, streamline operational processes and receive preferential treatment as a customer of choice.

Supplier relationship management 40

Supplier relationship management Suppliers Management Supply Chain Efficiency 40

Empowering CPO

JUNE 20, 2023

But don’t be fooled by their size – when accumulated, these costs can form a substantial part of a company’s expenditure, and a large number of suppliers can add complexity and risk to the supply chain. While tail spend is often neglected, it holds a gold mine of untapped savings opportunities.

Real-time Visibility 40

Real-time Visibility supply chain budgeting Spend management Risk 40

Planergy

SEPTEMBER 12, 2023

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. What is Horizontal Integration?

Supply Chain Efficiency 52

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

Planergy

JANUARY 19, 2024

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. Vendor analysis is crucial for risk management. Vendor Risk Analysis This analysis identifies potential risks associated with a supplier.

Vendor management 52

Vendor management Suppliers Quality Supply Chain Efficiency 52

Procurement Software

APRIL 23, 2024

Ignite’s tools help organisations gain a holistic view of their suppliers, manage risks, and achieve sustainability goals. Their commitment to integrating advanced technology ensures that businesses can optimize their procurement strategies effectively.

supply chain software solutions 52

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

Empowering CPO

JUNE 22, 2023

The answer lies in the powerful tool of spend analysis. Spend analysis, a cornerstone of procurement and supply chain management, is the process of collecting, cleansing, classifying, and analyzing expenditure data with the goal of reducing procurement costs, improving efficiency, and monitoring compliance.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Empowering CPO

JUNE 25, 2023

It’s a delicate balancing act, where businesses must juggle quality, cost, supplier relationships, and risk management, all while keeping an eye on their bottom line. Globalization has made supply chains more complex and harder to manage.

Procurement 52

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

Procurement Software

JUNE 13, 2023

Curtis Fitch holds ISO 27001:2013 certification for Information Security Management, as certified by the globally recognised BSI. It claims a ‘guided approach to sourcing optimization, AI-based algorithms and an intuitive user interface’. Archlet’s software can be used as a standalone or in conjunction with other suites.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52