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Unleash The Power of the Business Spend Management (BSM)

ProcurePort

Business spend management (BSM) refers to a unified, coherent set of business processes, supported by software that encompasses invoice management, procurement, and expense management. Business spends management addresses all the ways employees spend money within an organization.

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Ivalua Launches Pre-Packaged Spend Management Solutions for Financial Services

ivalua

Redwood City, CA June 25, 2020 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced the availability of a pre-packaged suite of solutions for financial services. Effectively manage third party risk with 360 degree visibility, including subcontractor exposure.

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Spend Management — The Ultimate Guide of 2023

Procurement Tactics

Spend Management — The Ultimate Guide of 2023. Spend management is an important process to reduce losses and mistakes. However, how do you manage your spending? In this article, we will discuss what spend management is. We will tell you the challenges and benefits of spending management.

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John Cockerill selects Ivalua spend management to digitize all procurement processes and cover all spend in one single system

ivalua

John Cockerill was looking for a unified end-to-end spend management platform to be deployed across 4 business units in 22 countries, helping to reduce administrative tasks for the buyers, improve the fluidity of the procurement process and optimize collaboration between internal stakeholder and suppliers in a highly secure environment.

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Ahlsell Digitizes Management of Trading Goods Suppliers with Ivalua

ivalua

Successful deployment of source-to-contract suite increases tail supplier management efficiency and optimizes overall process automation. Ahlsell was looking to optimize the management of large tail-end trading goods suppliers.

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5 Steps to Strategic Spend Management

ProcurePort

. • An organization’s spending determines how much money goes to suppliers and how much remains to pursue other strategic growth objectives. Strategic spend management is a renewed outlook on spending management entailing careful planning of your expenditure – overheads, […].

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Paying Attention to Tail-End Spend Management

ProcurePort

This percentage is gathered from 80% of non-strategic suppliers to such a company. Tail-end spends usually cumulates through low-value transactions companies engage in with their suppliers, though they do not occur frequently. The post Paying Attention to Tail-End Spend Management appeared first on ProcurePort Blog.