Remove Contract Management Remove Finance Remove Purchasing
article thumbnail

Part I: Bridging the Gap between Procurement and Finance. A New Vision for Amrest

ivalua

Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . Currently, they’re seeing exceptional success in the purchase requisition, purchase order, and invoicing. A New Vision for Amrest. Where to begin?

Finance 52
article thumbnail

Part I: Bridging the Gap between Procurement and Finance. A New Vision for Amrest

ivalua

Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . Currently, they’re seeing exceptional success in the purchase requisition, purchase order, and invoicing. A New Vision for Amrest. Where to begin?

Finance 52
professionals

Sign Up for our Newsletter

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

article thumbnail

Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

Public procurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM). What is Smart Public Procurement?

article thumbnail

Kronos Group and Ivalua join forces to optimise H.Essers’ Purchase2Pay & Contract Management

ivalua

Paris, France – 20 November, 2019 – Ivalua, a global leader in Cloud Spend Management solutions and its key consulting partner Kronos Group have joined forces to successfully deliver Purchase2Pay & Contract Management at H.Essers, a major logistics service provider. excellence,” adds Benoit Graas, Partner at Kronos Group.

article thumbnail

10 Things Your ERP Can’t Do (And Why You Need an eProcurement Solution)

Bonfire

Contract management frustration: ERP systems might have basic contract management capabilities, but they can’t handle the whole contract lifecycle, from creation to execution and renewal. Procurement software offers a one-stop solution that covers the whole range of contract management challenges.

article thumbnail

Procurement Act 2023: What’s next and why you should act now

VWV

Transitional provisions With this delay, any procurements of new contracts, including frameworks and dynamic purchasing systems (DPS), that begin before February 24, 2025, will continue to be governed by the Public Contracts Regulations 2015. 3 and Transitional and Saving Provisions) (Amendment) Regulations 2024.

article thumbnail

Simplifying Public Sector Procurement: Strategies to Increase Sme Participation

The Procurement School

These reactions can lead to strict risk management and purchasing policies with overly complicated bid documents and onerous requirements that are imposing on potential SME bidders. Mandatory bonding and the financial liquidity required to finance large projects can result in high bid cost.