Remove Spend management Remove supply chain budgeting Remove Supply Chain Visibility
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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.

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The 25 Hottest American Procurement Tech Startups

The Procuretech Podcast

Highlighting 25 innovative US-based procurement startups, the episode provides valuable insights into emerging players who don't necessarily have the marketing presence and events budget of larger companies. Tune in to discover how these startups are shaping the future of digital procurement.

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The 25 Hottest US Procurement Startups

Procurement Software

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.

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Procure-to-Pay (P2P) vs. Source-to-Pay (S2P)

Procurement Software

Improvements to end-to-end supply chain efficiency. These must be taken into account in order to save time and reduce costs. End-to-end supply chain visibility ensures more synergy in cooperation. The graphic below show how P2P process sits within the entire S2P procurement flow.

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Procure-to-Pay (P2P) vs. Source-to-Pay (S2P)

Procurement Software

Improvements to end-to-end supply chain efficiency. These must be taken into account in order to save time and reduce costs. Nonetheless, these are the main advantages of using P2P and S2P software: Hard Cost Savings (H3). Reduction in maverick spend (H4).