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Creating Tail Spend ROI Through an Improved Buyer Experience

ivalua

Lifted from their latest webinar, Jean-Baptiste Anne from Amazon Business and Vishal Patel from Ivalua offer insights into tail spend management programs and the ROI these programs can generate for procurement teams. . How to analyze your Tail Spend: Understanding spend data. Tail Spend Challenges. We’re here to help.

Buyers 52
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More than half of European suppliers say procurement teams aren’t enforcing standards for responsible labour

ivalua

Redwood City, CA – 26th August 2021 – Research from Ivalua, a leading global spend management cloud provider, has revealed more than half (58%) of European suppliers said buyers rarely or never include responsible labour practices in contracts or agreements. To make this a reality, procurement must get smarter.

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Data-Driven Procurement: Transparency is Essential, Not Optional

ivalua

The business case for data-driven transparency is not hard to make. In today’s dynamic, complex market, where procurement’s objectives continue to grow, data is the fuel for success. While data quality cannot be perfected and some technological innovations aren’t quite ready for prime time, tremendous improvements are possible.

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Invoice Hub – the Next Horizon for AP Automation

ivalua

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!’ This was the challenge made to the Ivalua R&D team a year ago.

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Procurement Technology – What it can and can’t replace in a Manufacturer’s Journey Towards Supply Chain Resilience and Agility

ivalua

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.

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How to reach your goals: 4 takeaways from our work with U.S. cities

Open Contracting Partnership

It was great to be in cities where the city leaders are using procurement as a strategic lever to bring these values to life. From compliance to service: Procurement teams are often perceived to be the compliance department. But what if the procurement analyst were calling to offer their help?

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5 Tips to Leverage Digital Tools to Deliver Tangible Sustainability Improvements

ivalua

With mounting pressure for organizations to make tangible contributions to Environmental, Social, and Governance (ESG) initiatives, the procurement function must strategize to implement and report their collective efforts. The amount of data associated with these initiatives can be exponential, a burden too heavy to manage manually.