article thumbnail

Streamlining Public Procurement: 6 Strategies for Efficiency and Compliance

ivalua

As public procurement teams face increasing pressure to improve efficiency while upholding compliance and transparency, it’s essential that they have the right strategies in place. When it comes to managing ongoing regulatory compliance, having a dynamic platform is key. Scalability. Modernizing Technology Systems .

article thumbnail

Get Ready for Success! 4 Critical Workstreams for Successful Procurement Implementation

ivalua

People: Engaging Stakeholders and Nurturing Change Engaging stakeholders early in the implementation process is crucial for gaining their support and supporting the change management process. Everyone is a contributor to change management A successful implementation engages everyone in the change management effort.

professionals

Sign Up for our Newsletter

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

article thumbnail

Three ways World Bank procurement can drive collaboration for the SDGs

Open Contracting Partnership

This limits its utility and efficiency for both the Bank and its clients. Leverage the data for risk monitoring, using predictive analytics to identify and address procurement risks early, ensuring that resources reach beneficiaries efficiently. At the Open Contracting Partnership, we stand ready to support these efforts.

article thumbnail

Defining organizational roles with a RACI matrix

AWS Public Sector

Streamlined decision making : The RACI matrix clarifies the decision-making process, making it easier for the central IT department and agencies to align on priorities and move forward efficiently.

article thumbnail

10 success factors for implementing e-procurement system

Open Contracting Partnership

Public procurement needs to be more transparent, efficient, and accountable to tackle the major social and economic challenges faced by governments across the world. Software as a Service (SaaS)-based government e-GP systems can offer cost-effective and efficient alternatives.

article thumbnail

Friends not Foes, Supplier Relationships Made to Last

ivalua

How can you create a more efficient supply chain and gain a better understanding of overall performance? Gartner, in its 4-Step Framework to Implement an Effective Supplier Relationship Management Program, stated that managing supplier relations on your tier 1 list is crucial. Why is Supplier Information so important?

article thumbnail

Ivalua and Axbility Consulting partner to help companies create value through successful procurement transformation

ivalua

In addition, Axbility Consulting will support Ivalua in strengthening its professional services leveraging Axbility Consulting’s unique methodology and change management capabilities to deliver best practices and tangible results for customers aiming to transform Procurement. Axbility Consulting Inc. www.axbility-consulting.com.