Remove Contract Management Remove Innovation Remove Procurement Contracts
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Speed, Collaboration and Innovation – Key Words for the New Procurement Decade

ivalua

No organisation does everything itself, and whether we’re looking at buying raw materials, components, innovative technology, or sourcing the best in marketing or professional services, the whole process of engaging and working with suppliers must reflect this need for speed and agility. .

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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).

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Leveraging Data Analytics in Procurement: Unlocking Efficiency and Strategic Value

Tracker Intelligence

Predictive Analytics: Uses advanced data analytics, such as machine learning, to predict future demand, analyze potential supply chain risks, and facilitate informed procurement decisions. It also provides transparency which encourages compliance with regulatory frameworks and positive ethical procurement practices.

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The Public Procurement Glossary

Tracker Intelligence

Awarding the Contract The winning supplier is selected based on clear criteria, ensuring fair and competitive procurement. Contract Management Once the deal is signed, contract management ensures the supplier delivers as promised. E-Procurement It is the digital way of handling public purchasing.

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The Public Procurement Journey: Tools for Modern Challenges

ivalua

This bill sends plenty of money to the state and local governments–but along with these allocations comes solicitations, procurements, contracts, deadlines, reporting requirements, and other overhead. We need to mobilize and challenge traditional processes and look for areas where we can change, innovate, or automate. .

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Contract Data Management With AI

ivalua

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.

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Contract Analysis leveraging AI – A Technical Overview

ivalua

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. .