ivalua

APRIL 6, 2021

A Guide to Contract Management Tools and Processes including a guide to the key steps of the Contract Lifecycle Management Process and to the benefits that using Contract Management software can bring to your Procurement processes. An Overview of Contract Lifecycle Management.

Management 52

Management Contract Contract Management Supply Chain 52

ivalua

DECEMBER 17, 2019

Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. Procure-to-pay (P2P) automation and analytics won’t work very well without accurate supplier master data. This Gartner report, “Gain Control Over Your Supplier Master Data Before It’s Too Late,” has lots of ideas for improvement.

Supplier 52

Supplier Data Procurement Accountability 52

ivalua

APRIL 23, 2020

The overall theme is the “Journey to Procurement Excellence”, focusing on how Procurement can deliver value through supplier collaboration, supplier risk management and more advanced strategies and capabilities to deal with Procurement and supply chain management risks and challenges – while not forgetting cost and operational perspectives.

Supply Chain 18

Supply Chain Procurement Supplier Risk Management 18

Federal News Network

SEPTEMBER 12, 2024

Federal Monthly Insights — Contract Management Modernization — 09/10/2024 [link] Download audio Defense contractors aren’t the only ones preparing for the launch of the Cybersecurity Maturity Model Certification 2.0. “NIST is the precursor.

Contract 109

Contract Supplier Logistics Efficiency 109

VWV

OCTOBER 8, 2024

The Procurement Act 2023 (the Act) introduces a range of reforms aimed at simplifying and enhancing transparency in the procurement process, which should be good news for suppliers. Part 2 will cover the debarment list; contract award process and what options are available to suppliers if things go wrong.

Supplier 52

Supplier Procurement Tender Transparency 52

ivalua

MARCH 16, 2020

Redwood City/Warsaw/ Hamburg – March 17th, 2020 | Ivalua, a leading global provider of procurement management solutions, and OptiBuy, Ivalua’s long-standing implementation partner, announced their selection by Körber to enable a digital procurement transformation. Projects of this size and complexity are undoubtedly a major challenge.

Supply Chain 19

Supply Chain Procurement E-procurement Supplier 19

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. A specific application for Procurement involves contract analysis.

Data 60

Data Management Contract E-procurement 60

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. In recent years, supplier self-registration has also gained traction in the private sector. Analyze and document your processes.

Management 40

Management Supplier Bidding Insurance 40

The Procurement School

JULY 16, 2024

Contract Management is often thought to be the last step in the Procurement life cycle but instead it is both the beginning and end of the procurement cycle and it provides a constant feedback loop. The following article discusses the various steps of contract management and its role in procurement efficiency.

Efficiency 52

Efficiency Procurement Contract Supplier 52

Inter-American Development Bank

OCTOBER 31, 2024

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). Source: Authors’s elaboration.

Public Procurement 52

Public Procurement Procurement Strategic Planning Balance 52

ivalua

JANUARY 29, 2020

For the vast majority of organisations, suppliers must play their part when it comes to agile business and speed to market. That requires extraordinary work internally and co-ordination with key suppliers. The related objective for that firm is that no less than 70% of those new products should come from supplier-generated ideas. .

Collaboration 65

Collaboration Innovation Procurement Supplier 65

ivalua

SEPTEMBER 20, 2021

Rapid Optimization of Contract Management, Supplier Management and Direct Materials Sourcing. Asian Paints conceptualized a technology solution using Ivalua’s Supplier Information Management , Sourcing and Contract Management solutions to streamline the end-to-end contract management and sourcing processes. .

Collaboration 52

Collaboration Supplier Contract Supply Chain 52

ivalua

MARCH 9, 2023

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?

Supplier 52

Supplier E-procurement Supply Chain Procurement 52

Bonfire

APRIL 3, 2023

Limited supplier reach: ERP systems don’t go far enough when it comes to reaching and managing suppliers. There’s often little visibility into supplier performance and risk, limited supplier collaboration and communication, and little or no ability to manage supplier contracts and agreements.

Eprocurement 52

Eprocurement Strategic Sourcing Supplier Bidding 52

ivalua

JUNE 11, 2019

At some point, there was a need for this, a solicitation process to select a supplier, a competitive bidding process, a contract negotiation, transactions and so on. Reduction of Risk: Enable better risk and compliance management by enabling proactive mitigation and real-time monitoring with vendors.

Procurement 67

Procurement IT Public Procurement Supplier 67

Open Contracting Partnership

OCTOBER 3, 2023

The anticipated public procurement law, coupled with the revival of anti-corruption initiatives and institutional reforms, symbolizes a renewed commitment to good governance and the prudent management of public resources.

Public Procurement 123

Public Procurement Procurement Corruption Transparency 123

Tracker Intelligence

FEBRUARY 22, 2025

Having a solid understanding of public procurement principles enables procurement professionals and suppliers to confidently navigate public sector procurement. A transparent approach lowers procurement risk, prevents corruption, and fosters confidence between suppliers and public sector organisations.

Public Procurement 52

Public Procurement Transparency Procurement Tender 52

Tracker Intelligence

NOVEMBER 20, 2024

Advanced analytics tools are being integrated into procurement operations, enabling public and private organisations to rethink procurement processes, supplier relationships and cost optimisation. This knowledge enables procurement professionals to streamline operations, optimize spending patterns, and improve supplier performance.

Efficiency 52

Efficiency Procurement Data Supply Chain 52

ivalua

OCTOBER 27, 2020

Food service leader digitizes procurement to drive efficiency, transparency and effective supplier management as it accelerates global expansion. Jollibee Foods Corporation (JFC) is a chain of fast food restaurants with a worldwide store network of more than 5,000 stores.

Procurement 10

Procurement Supply Chain Supplier Chief Procurement Officer 10

ivalua

DECEMBER 7, 2022

Ivalua, a global leader in spend management , today announced that bol.com, the largest online retailer in the Netherlands and Belgium, has selected Ivalua’s solution to digitalize its indirect Source-to-Contract (S2C) processes. Ivalua is a leading provider of cloud-based Spend Management software. About Ivalua.

Strategic Sourcing 52

Strategic Sourcing Retail E-procurement Contract 52

VWV

OCTOBER 15, 2024

The Ministerial Statement highlighted that the extension aims to facilitate a smoother transition for both contracting authorities and suppliers. In practice, this means that the Public Contract Regulations 2015 could still be applicable for governing call-off contracts and modifications of contracts to 2029 and beyond.

Procurement 52

Procurement Supplier Tender Procurement Strategies 52

ivalua

DECEMBER 18, 2019

The second, authored by Andrew Bartels and published on December 18, is The Forrester Wave™: Source-To-Contract Suites, Q4 2019. It covers spend analysis, sourcing, contract management and supplier risk and performance management (SRPM), similar in scope to Gartner’s Strategic Sourcing Application Suites Magic Quadrant.

Supplier 59

Supplier Eprocurement E-procurement Integration 59

ivalua

NOVEMBER 23, 2020

One of the most important issues the pandemic exposed has been that most manufacturers have only a limited view into any of their suppliers beyond Tier One. Most have little understanding of who is supplying their suppliers or those suppliers’ suppliers. And which suppliers are you replacing? . Lesson One.

Supply Chain 52

Supply Chain Supplier Risk Management Evaluation 52

Scottish Government Procurement

FEBRUARY 8, 2024

In our analysis of recommendations from major digital reviews we have found three distinct themes relating to procurement and contract management.

Procurement 45

Procurement Tender Public Procurement Contract Management 45

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Manufacturing 52

Manufacturing Supply Chain Procurement Supplier 52

ivalua

NOVEMBER 29, 2022

And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budget management. of cost savings this way, but they can reduce leakage by about 40% with better connected sourcing, contracting and procure-to-pay processes. Risk Metrics.

Supply Chain 52

Supply Chain Supplier Collaboration Transparency 52

ivalua

MARCH 13, 2019

Afrika Morris, Senior Field Marketing Manager UKI at Ivalua. F1 Veteran, Mark Gallagher highlighting the impact of supplier innovations on pit stops – resulting in team success. Adopt a Collaborative Approach – Embrace suppliers as partners, not vendors. Move beyond a transactional relationship with suppliers.

Supply Chain 45

Supply Chain Innovation Supplier Collaboration 45

ivalua

AUGUST 17, 2021

An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis. What does Procurement mean? What is Direct Procurement?

Procurement 52

Procurement Supply Chain E-procurement Procurement Team 52

ivalua

FEBRUARY 25, 2021

This complex series of business processes includes everything from supplier and category management to sourcing projects and contract negotiations and often suffers from inefficiency, poor visibility, unnecessary complexity and missed opportunities. Strategic category management.

Category Management 40

Category Management Supplier Negotiation Contract Management 40

ivalua

FEBRUARY 24, 2021

Redwood City, CA – Feb 24, 2021 – Ivalua , a global leader in Cloud Spend Management solutions , today announced the general availability of its new platform release 168. The release includes a broad set of innovations to help organizations better manage their spend and suppliers. Sourcing Innovations: .

Supply Chain 40

Supply Chain Innovation Supplier Collaboration 40

Scottish Government Procurement

JULY 2, 2024

Over this period, MPIP has delivered almost two thousand contracts, securing over £40 million in savings and embedding Community Benefits and Fair Work. The latter has delivered workplace benefits such as over 60 Modern Apprentices and all current suppliers now commit to paying the real Living Wage (RLW) to directly engaged employees.

Procurement Team 59

Procurement Team Procurement Public Procurement Collaboration 59

ivalua

MAY 6, 2020

The second, authored by Andrew Bartels and published on December 18, is The Forrester Wave : Source-To-Contract Suites, Q4 2019. It covers spend analysis , sourcing, contract management and supplier risk and performance management (SRPM), similar in scope to Gartner’s Strategic Sourcing Application Suites Magic Quadrant.

Supplier 52

Supplier Eprocurement E-procurement Integration 52

ivalua

MARCH 5, 2020

And increasingly, that means collaborative working with key suppliers who can support that need to be innovative, flexible and agile. Sometimes action can be taken by the buyer that either does not affect the supplier or just requires their agreement.

Collaboration 52

Collaboration Procurement Supply Chain Supplier 52

How to Crack a Nut

JULY 1, 2024

Slowing Down Public Sector AI adoption PROCUREMENT CONFERENCE DAY I am at an industry conference day, there are rows upon rows of supplier stands, and tables covered with branded pens and tote bags. I am reading a leaflet for a contract management portal when I overhear a conversation between a buyer and a supplier. “I

Bidder 52

Bidder Tender Buyers Bidding 52

ivalua

JANUARY 24, 2022

So, then we must ask ourselves, how can you partner with your suppliers to leverage this insightful data? Reaching those key suppliers, accurately assessing inventory, and making that data visible to stakeholders via a high level of integration is imperative for successful supply chain forecasting. Timeliness is also important.

Data 52

Data Procurement Supply Chain Supplier 52

ivalua

JUNE 1, 2022

By bridging the gaps, Amrest could even start the tendering process earlier with a wider range of suppliers. Suppliers can support company growth as part of the Amrest procurement journey. The level of supplier involvement depends on the category of spend. Engaging strategic suppliers in the process can help mitigate risks.

Finance 52

Finance Supply Chain Procurement Supplier 52

ivalua

JUNE 16, 2021

What’s more, PwC found that the average investment in risk management among MENA companies was $1.5 These solutions also improve collaboration among organizations and suppliers, and enable procurement teams to leverage data analytics to optimize contract negotiations, payments, buying patterns and more. Enter eProcurement.

Supply Chain 52

Supply Chain Eprocurement Procurement Team Supplier 52