Remove Spend management Remove Supply Chain Optimization Remove Supply management
article thumbnail

Coupa’s journey from Business Spend Management to Supply Chain Management — Assessing progress on seven key dimensions

Spend Matters

Categories: Procurement Strategy & Planning , Procurement Systems & Architecture , Solution Providers , Source to Pay , Spend Management , Supply Management , Technology Tags: PRO I attended Coupa’s annual Inspire conference this year and was excited to finally attend a large event rather than just small meetings with clients and colleagues.

article thumbnail

Can Coupa (and its procurement suite peers) manage supply as well as spend?

Spend Matters

Categories: Solution Providers , Spend Management , Supply Management , Technology Tags: Coupa Inspire , EU , supply We are witnessing a pivotal change in the market for some of the big source-to-pay (S2P) suite players (like Coupa, SAP and their peers) as they move toward a broader platform and ecosystem approach.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Expanding the influence and impact of Procurement

Spend Matters

This focus and track record however, was in some ways at the expense of fully optimizing and maximizing procurements total strategic value to the enterprise as a whole. This meant that implementing one of the full end-to-end spend management suites was not feasible from a cost and change management perspective.

article thumbnail

Zip Forward 2024: Forging paths to sustainable success

Spend Matters

So, the term ‘spend orchestration’ that some like to use is really just upgraded spend management. Cross-functional orchestration beyond intake. AI-enabled invoice coding is also offered based on historical coding patterns within the organization for more accurate suggestions.

article thumbnail

The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay

Jaggaer

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.

article thumbnail

Technology Round-Up — May 8, 2024

CPO Rising

CPO Rising’s Technology Round-Up series continues this week with fresh supply management technology news and updates covering a few recent major announcements.

article thumbnail

Beginner’s Guide to Managing Spend

NLPA (Next Level Purchasing Association)

To new members of a Procurement & Purchasing team, it’s important to understand the role of managing spend and its impact on organizational success. At its core, managing spend refers to the process of strategically controlling and optimizing the financial resources allocated for procurement and purchasing activities.