Tracker Intelligence

FEBRUARY 22, 2025

The fundamental tenets of fairness, value for money, and transparency form the foundation of public procurement and contribute to the development of an atmosphere that benefits suppliers as well as buyers. Transparency, fair competition and also robust contract management are required to ensure that public money is being spent responsibly.

Public Procurement 52

Public Procurement Transparency Procurement Tender 52

ivalua

MAY 15, 2019

Contract Lifecycle management is an area we have seen huge demand in over the last year or two. Many of our customers leverage our contract management solution for both authoring or contract repositor. Christopher Bourez, Artificial Intelligence Architect at Ivalua.

Data 60

Data Management Contract E-procurement 60

ivalua

MAY 15, 2019

Contract Lifecycle management is an area we have seen huge demand in over the last year or two. Many of our customers leverage our contract management solution for both authoring or contract repository. One of the initial use cases the team is tackling is for contract analysis. .

Contract 58

Contract E-procurement Data Management 58

Procureware

DECEMBER 29, 2017

All phases can be connected into a group, making it easy for bid administrators to manage the different steps. Invite unregistered bidders Particularly for infrequent types of procurement, like accounting software, buyers need to research possible vendors and invite them to respond to an RFP.

Bidder 40

Bidder Supplier Bidding Buyers 40

ivalua

FEBRUARY 24, 2021

Streamlined Contract Authoring: By starting contracting during sourcing, customers can reduce the cycle time from quote to contract and consider negotiated terms in sourcing decisions. Now, customers can create and iterate on a draft contract during an RFX.

Supply Chain 40

Supply Chain Innovation Supplier Collaboration 40

ivalua

MARCH 9, 2023

Upstream covers all the strategic procurement activities such as spend analysis, sourcing, contract management and supplier management (which includes supplier information, risk and performance management). Contract Management: The piece that connects the upstream and the downstream, where value starts being captured.

Supplier 52

Supplier E-procurement Supply Chain Procurement 52

ivalua

JUNE 1, 2022

Amrest onboards new vendors at competitively-positioned pricing on a regular and consistent basis. However, they could probably leverage their great buyers in a better way by having proper data delivered to them upfront and allowing them to identify the most strategic new projects.

Finance 52

Finance Supply Chain Procurement Supplier 52

Procureware

FEBRUARY 21, 2018

In the beginning, our software was simply a tool to post RFP documents, later we added supplier registration, then online bidding, and finally contract management to our ProcureWare platform. While most systems today have tools for collecting and responding to questions, there is significant variation in how questions are managed.

Management 40

Management Supplier Bidding Insurance 40

ivalua

AUGUST 17, 2021

Capturing Value occurs when a contract has been established that governs the responsibilities and obligations of both supplier and buyer, and well as when the organization has the right Procure-to-Pay processes in place to ensure compliance to those agreements, goods, services and prices. .

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

The Procurement School

OCTOBER 22, 2024

Public sector professionals must responsibly procure goods and service contracts on behalf of the taxpayer. Seasoned practitioners in public procurement can be jaded from situations that have gone wrong, and it is common for inexperienced public buyers to experience risk aversion and fear of the unknown.

Participation 52

Participation Procurement Strategies Procurement Buyers 52

Mercell

DECEMBER 29, 2017

The awarded contract worth € 2,4 million was a result of an extensive European tendering procedure which took almost 1 year. The awarding criteria was 60% on quality and 40% on price. Web-based contract management and supplier relation management tools ensure systemic performance- and contract monitoring avoiding revenue losses.

E-catalogue 40

E-catalogue E-procurement Procurement Tender 40

The Procurement School

JANUARY 22, 2024

Sometimes buyers may send the opportunity listing to existing vendors, previous bidders or even select organizations. Once a procurement is awarded it moves to contract management whose primary functions are implementation, compliance and issue management. The latter is a potential issue as it is viewed as being bias.

Procurement 40

Procurement Procurement Contracts Bidder Contract 40

Federal News Network

NOVEMBER 14, 2023

And for many programs, the program officers, the contract managers and administrators will not know if they’re being furloughed under a shutdown or if they’ll be required to work without pay. And then the third prong, why, again, talk about agree right up front getting contracts right the first time.

Government 102

Government Government Professional Services Buyers 102