Open Contracting Partnership

APRIL 4, 2025

As aid budgets shrink and the pressure to end aid dependency grows, governments are under growing pressure to maximize domestic resources and value for money. How can the Bank attract a wider diversity of suppliers, to optimise value for money and stimulate economic opportunity?

Procurement 52

Procurement Collaboration E-procurement Procurement Team 52

ivalua

JANUARY 13, 2021

– Spend control through real-time visibility into budget consumption, negotiated prices, preferred suppliers, engagement channels. Requisitioners see expected delivery dates, Managers their budget consumption, Accounts Payable their pending invoices. Rules and workflow engines automate this part for you.

Eprocurement 94

Eprocurement E-procurement Supplier Purchasing 94

Public Contracting Institute

APRIL 23, 2024

Under an FFP contract, the supplier agrees to deliver a specific product or service at a predetermined price, regardless of the actual costs incurred during the project. Risks of firm fixed price contracts Underestimating costs : If the supplier fails to accurately estimate the costs involved, they may end up losing money on the project.

Supplier 52

Supplier Price Government Government 52

How to Crack a Nut

JANUARY 13, 2025

Coupled with the current budget and expectations of public sector productivity gains, the action plan will put AI adoption top of the agenda for public sector organisations (if it wasnt there already). Innovative AI suppliers from the UK and around the world should be engaged to support demand and encourage investment.

Procurement 64

Procurement Tender Supplier Innovation 64

DemandStar

MARCH 31, 2022

If you’re part of any government procurement team, you’ve likely been asked, “What are you doing to increase supplier diversity?” It’s also likely you’ve heard of and possibly conducted disparity studies to improve your procurement process and identify the needs of different types of suppliers. Why Are They Needed?

Supplier 52

Supplier Procurement Team Procurement Bidding 52

ivalua

FEBRUARY 10, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Let’s explore further.

Price 105

Price Supply Chain Supplier Procurement Team 105

ivalua

SEPTEMBER 13, 2020

At Ivalua, we’ve seen how a Procure-to-Pay business process ensures sustained benefits through good buying practices, improves visibility and swifter issue resolution, and enables proactive management of suppliers. Spend is led away from preferred suppliers. Lots of new suppliers added on a regular basis. Case in Point.

Procurement 81

Procurement E-auction E-procurement Supplier 81

Open Contracting Partnership

OCTOBER 30, 2023

million (~US$24,000) being returned to the budget. million (~US$24,000) were returned to the budget. In late 2022, this question led them to look at value added tax (VAT), the second highest source of revenue for Kazakhstan’s budget. And the media outlet ProTenge has stopped suspicious purchases worth at least US$3 million.

Procurement 120

Procurement E-procurement Public Procurement Corruption 120

ivalua

JULY 6, 2020

Most public organizations are used to accepting bids from suppliers in paper form, delivered to their offices. With Ivalua for Public Sector , however, our flexibility would enable you to configure a streamlined supplier account request process and bid solicitation platform, so that suppliers could securely upload sealed bid packages.

Innovation 98

Innovation Supplier Bidding Budget 98

The Procurement ClassRoom

MAY 11, 2024

It is concerned with the “what” of public procurement—focusing on procuring goods , services , and works that meet specific requirements, delivered on time, within budget, and at the required quality. This supports not only the public sector entity and its stakeholders but also the broader community.

Public Procurement 98

Public Procurement Efficiency Procurement Management 98

Federal News Network

OCTOBER 20, 2023

Unfortunately, few defense IT programs deliver on time nor on budget in spite of over half of the budget going to consultants and system engineering and technical analysis (SETA) contractors. conflict of interests rules. conflict of interest and false claims rules.

Public Private Partnership 109

Public Private Partnership IT Influencing Corruption 109

American City & Country

SEPTEMBER 24, 2024

Food programs in schools, government agencies, and nonprofits face several challenges that impact their effectiveness, budget, and overall community well-being. From tight budgets and staffing shortages to supply chain issues and compliance hurdles, these obstacles complicate daily operations.

Purchasing 58

Purchasing Supply Chain Budget Supplier 58

ivalua

SEPTEMBER 13, 2020

At Ivalua, we’ve seen how a Procure-to-Pay business process ensures sustained benefits through good buying practices, improves visibility and swifter issue resolution, and enables proactive management of suppliers. Spend is led away from preferred suppliers. Lots of new suppliers added on a regular basis. Case in Point.

Procurement 59

Procurement E-auction E-procurement Supplier 59

Scottish Government Procurement

FEBRUARY 1, 2024

The Framework will appoint suppliers who are assessed as having the skills and expertise to design and deliver high quality and inclusive engagements with a wide range of people – particularly those identified as being seldom heard and furthest from decision making.

Framework Agreement 77

Framework Agreement Participation Supplier Public Procurement 77

Mercell

APRIL 2, 2019

4 reasons: The software company’s revenue for the free solution will come from suppliers, not from government agencies. The suppliers! As suppliers pay, their increased costs will eventually be passed on to you as the buyer. (So Compared to a solution that is 100% free for suppliers, it is essentially limiting competition.

E-procurement 52

E-procurement Buyers Procurement Supplier 52

ivalua

FEBRUARY 25, 2021

They may not consider potential issues of integrations, supplier onboarding, supply chain data management, change management and system optimization, all of which add to complexity and costs. ERPs tend to be built for the back office, so they lack the consumer-like user experience that leads to high user adoption among suppliers.

Supply Chain 88

Supply Chain Management Total Cost of Ownership Warehouse 88

ivalua

AUGUST 5, 2020

Remove of overhead of payment queries with real-time Supplier updates. Line level multi-tax treatment and budget allocation templates that reduce effort. The AP journey starts even before the Supplier Invoice is received, and before the Supplier’s billing team generates the invoice, it begins with the Buyer’s Order.

Supplier 52

Supplier Buyers Budget E-procurement 52

Open Contracting Partnership

DECEMBER 8, 2023

It has debarred more than 60 suppliers for violations, and reduced unresolved complaints and canceled tenders. The measures seem to have increased trust in the reforms: more than 20,000 new suppliers have registered, competition is growing across open procurement processes, and supplier diversity is up 27%. in 2020 to 59.7%

Corruption 78

Corruption Collaboration Data Public Procurement 78

ivalua

AUGUST 28, 2019

82% of respondents to a recent Forrester survey on Executing a Successful Procurement Transformation had switched their technology or plan to switch during that transformation, a costly effort in terms of budget and time. Executive support is key and directly correlated to obtaining sufficient budget. Yet far too many struggle.

Procurement 61

Procurement Budget Supplier Integration 61

ivalua

APRIL 30, 2019

Digital transformation often fails because of an inability to onboard suppliers and poor user adoption. Early in the journey, lack of budget and executive support are primary obstacles, while more advanced organizations struggled with poor integration across their source-to-pay systems.

Procurement 12

Procurement Supply Chain Supplier Finance 12

Government Contracts & Global Trade

OCTOBER 17, 2023

Cara Wulf joins a panel that discusses the Office of Management and Budget’s (OMB) new final guidance implementing the Build America, Buy America Act’s (BABA) requirements for domestic sourcing and manufacturing for federally funded infrastructure projects.

Manufacturing 52

Manufacturing Supplier Budget Management 52

ivalua

MAY 7, 2019

Top of the list is supplier adoption. But that goes hand in hand with supplier adoption. If your suppliers aren’t onboarded, users can’t find what they need and have an excuse to go around your system. Beginners struggled most with lack of executive support and budget.

Supplier 58

Supplier Capacity Integration Integrity 58

ivalua

AUGUST 29, 2019

At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function. Purchasing (45%), invoicing (41%) and budget management (39%) are the most digitised processes to date. Realise the possibilities at www.ivalua.com. 0207 436 0420.

Procurement 65

Procurement Supply Chain Supplier Procurement Team 65

ivalua

AUGUST 5, 2020

Invoice to Pay is a request for payment by a supplier, and technology helps to make this simple, fast and more efficient for the Supplier and the Accounts Payable team. At each step of this Procurement process, data is gathered, suppliers are onboarded, and deliveries are accepted. Advanced Accounts Payable Journey.

Supplier 52

Supplier E-procurement Accountability Networking 52

Tracker Intelligence

FEBRUARY 28, 2025

Contract termination in public procurement under the Procurement Act 2023directs to the lawful termination of a contract between acontracting authorityand a supplier, providing compliance withpublic contracts regulations. In public procurement, this can have missed deadlines, poor implementation, or non-compliance with approved terms.

Procurement 52

Procurement Contract Supplier Public Procurement 52

ivalua

JULY 11, 2022

New release features AI-powered contract management, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . The Message Center is an embedded chat functionality that will enable collaboration and contextual discussions amongst internal users and suppliers.

Supply Chain 52

Supply Chain Collaboration Innovation Supplier 52

ivalua

NOVEMBER 29, 2022

And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budget management. Surprisingly, competitive sourcing has decreased in 2022, down from 48% to 44%, mainly because of rising prices that put suppliers in the driving seat.

Supply Chain 52

Supply Chain Supplier Collaboration Transparency 52

ivalua

JANUARY 31, 2022

As operating budgets tighten, restrictive spending will pressure businesses to focus on savings and creative alternatives. . The Criticality of the Supply Chain (and Suppliers). Companies must proactively fill positions and increase talent acquisition budgets to meet industry demands. Inflation will Continue to rise in 2022.

Procurement 52

Procurement Supply Chain Supplier Consumer Demands 52

Tendersinfo

MARCH 24, 2021

The Procurement Team involves divisions like Procurement Manager, Budget Holder, Management of the contract, and representatives of different sectors. Procurement Formalization- It determines the sources, budget, and approach to formalize the requirements.

Public Procurement 52

Public Procurement Procurement Tender Bidding 52

ivalua

JULY 16, 2020

A lack of digital maturity and a focus on supplier cost and quality are also limiting green practices. The results show businesses face several hurdles when implementing sustainability initiatives, with 93% claiming it is challenging to gain visibility into suppliers to track the environmental impact of their supply chain.

Sustainability 52

Sustainability Supply Chain Supplier Quality 52

Inter-American Development Bank

OCTOBER 31, 2024

This would result in large monetary and transactional savings for governments because, for example, approximately 25% of public contracts in the region require time extensions averaging nearly double their original terms, while around 13% experience budget increases of up to 50%. of GDP, according to FISLAC calculations.

Public Procurement 52

Public Procurement Procurement Strategic Planning Balance 52

ivalua

NOVEMBER 29, 2021

Lack of control or visibility into what is being spent and with which suppliers. Extra work processing supplier invoices, creating higher costs. Delays in paying suppliers as they cannot be matched with an order or an initial requestor. Budgeting challenges as tail spend typically often not planned for . Who purchased it.

Buyers 52

Buyers Supplier Purchasing Procurement Team 52

ivalua

AUGUST 17, 2021

Increased outsourcing has made businesses increasingly dependent on suppliers to drive innovation. A recent study by Forrester found that the single greatest factor in increasing a supplier’s willingness to collaborate with and share innovations with a customer was timeliness of and visibility into payments.

Supplier 52

Supplier Accountability Innovation Import 52

GovCon Chamber of Commerce

FEBRUARY 6, 2024

Every year, federal government buyers actively search for thousands of small business vendors who are ready to meet their procurement needs, ensuring projects are completed efficiently 'on spec, on time, and on budget'. As they seek out trustworthy small business partners, your small business profile will come under scrutiny.

Buyers 105

Buyers Government Government Government Contracts 105

ivalua

NOVEMBER 18, 2020

As businesses look to restoring growth, it can help them restore growth and gain a competitive advantage by enabling unique business processes, and more effective collaboration with suppliers and internal stakeholders, while eliminating manual processes that can hamper productivity. Digitalisation is no longer optional.

Supply Chain 52

Supply Chain Supplier Collaboration Procurement 52

ivalua

APRIL 23, 2021

One of the most interesting suggestions is that a procurement team should take a service mindset when working with the budget holders within the organisation. By supporting the budget holders they can then deliver value to the organisation.

Collaboration 52

Collaboration Automotive Supplier Procurement Team 52

The Procurement ClassRoom

JUNE 25, 2019

It is an assessment of the evaluated price of a responsive bid to ascertain that it is not unreasonably high nor unreasonably low, but fair enough to the procuring entity and the supplier. According to Section 6.4 What is Price Reasonableness Analysis? The different prices are compared to determine the variations.

Evaluation 52

Evaluation Price Bidding Procurement 52