ivalua

JUNE 27, 2022

Read our FAQ to get acquainted with our newest C2FO Partner collaboration! Ivalua’s global reach of buyers and their suppliers helps us deliver on our mission-providing access to working capital to businesses so they can grow and thrive. The joint-effort benefits both large enterprise buyers and their suppliers of all sizes.

Supply Chain 52

Supply Chain Buyers IT Supplier 52

Select GCR

SEPTEMBER 3, 2024

The sole source justification process is rigorous and requires approval from the organization’s procurement services, with steps including the completion and review of a justification form, internal review and approvals, and adherence to transparency and compliance regulations to manage risks effectively.

Procurement 52

Procurement Supplier Price Competitive Bidding 52

Bonfire

MARCH 24, 2022

Fast-forward 10 years and Bonfire’s eProcurement platform has streamlined the process for 451,506 global users (and counting), including buyers, vendors, and evaluators. In that time, we’ve never stopped evolving to respond to the changing landscape of public procurement. Collaborating to find a way. What’s next?

Eprocurement 52

Eprocurement Public Procurement Procurement Procurement Team 52

ivalua

SEPTEMBER 28, 2020

So for the last decade the Procurement teams have been pushing the ‘No-PO, No Pay’ mantra, it’s now even ‘Government Policy’. However, ask any AP team member, in any company and they’ll tell you it’s impossible, ‘our business just doesn’t work like that!’ There are exceptions to every rule, and that rule just doesn’t work.

E-procurement 94

E-procurement Supplier Buyers Supply Chain 94

ivalua

OCTOBER 24, 2021

The payment process required for international trade is complex, expensive and high risk for both suppliers and buyers. With this, businesses can unlock new opportunities and innovations by finally closing the cash gap between procurement and suppliers.

Supply Chain 52

Supply Chain Supplier Finance Transparency 52

ivalua

OCTOBER 24, 2021

The payment process required for international trade is complex, expensive and high risk for both suppliers and buyers. With this, businesses can unlock new opportunities and innovations by finally closing the cash gap between procurement and suppliers.

Supply Chain 40

Supply Chain Supplier Finance Transparency 40

ivalua

JULY 8, 2020

In this article we’ll review how supplier management capabilities in Source-to-Pay technology can free-up and enable a manufacturer’s direct material procurement team to do what they do best to ensure the supply chain remains resilient and agile: be creative and strategic. Supplier Data Quality & Management in Decision Making.

Supply Chain 10

Supply Chain Procurement Procurement Team Supplier 10

ivalua

MARCH 4, 2016

Software that is built for indirect spend will not function in critical areas such as breaking down bids and collaborating with suppliers at the bill of material level. Giving buyers the proper tools to become key business partners is not a “nice to have” scenario—it is a critical path to managing risk and ensuring success.

Supply Chain 40

Supply Chain Supplier Manufacturing Strategic Sourcing 40

ivalua

MAY 21, 2020

Today, procurement leaders have a seat at the table in e-staff meetings. Procurement teams were just buyers who delivered what other departments told them to buy. Organizations viewed procurement as the bottleneck between what they wanted and when they received it. Will procurement go back to business as usual?

Supply Chain 52

Supply Chain E-procurement Leadership Supplier 52

Bonfire

MARCH 29, 2022

If the amount is over the threshold, sourcing is led by the procurement team, whether through a public bid, NOI, or limited tendering option. eProcurement is appealing because it can help agencies move the needle on strategic goals, including project efficiency, stakeholder collaboration, and vendor engagement.

Procurement 52

Procurement Eprocurement Purchasing Participation 52

ivalua

OCTOBER 1, 2019

Patrick Conquet, our Director of Product Research and Development, points out another strength by emphasising collaborative advantages. The tool must attract teams and unite them so they can work better together.”. Software effectiveness is based on data and technology, but the human element must not be forgotten.

Procurement 40

Procurement E-catalogue E-procurement Engineering 40

ivalua

MARCH 9, 2023

Also included: supplier improvement plans, innovation plans and overall supplier collaboration. The contracts govern the relationship between the buyer and supplier, an essential process to inform Procure-to-Pay. Contract Management: The piece that connects the upstream and the downstream, where value starts being captured.

Supplier 52

Supplier E-procurement Supply Chain Purchasing 52

ivalua

OCTOBER 29, 2019

Staffing for the core team members and project leadership must flex with the needs of the implementation effort. How will the project schedule and phases align with team members’ other work responsibilities? The same thought process should be extended to the larger procurement team.

Eprocurement 40

Eprocurement Change Management Influencing Procurement 40