Remove Contract Management Remove Purchasing Remove Strategic Sourcing
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Bol.com Selects Ivalua to Digitalize Strategic Source-to-Contract

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Bol.com was in search of a solution to digitalize its indirect S2C cycle to support its business colleagues with efficient and robust sourcing and contract management processes. The post <strong>Bol.com Selects Ivalua to Digitalize Strategic Source-to-Contract</strong> appeared first on Ivalua.

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

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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.

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Ivalua Now and the Art – or is it the Science – of Procurement?

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But now with strategic sourcing and category management, the process has become much easier to track, monitor and control. Add sourcing workflow to the mix, and introduce machine learning that can link directly to the supplier and track savings, then you can start to see where the science comes in.

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What’s the Difference Between Direct vs Indirect Procurement?

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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.

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Establishing Procurement as a Competitive Advantage

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If you are getting started, you are likely looking to start with technology to address a specific process ( Strategic Sourcing or P2P for example). For advanced respondents looking to build a competitive advantage, the top obstacles are integration of S2P tools followed by Procurement’s change resistance (13%). Plan to avoid those.

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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

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According to the panelists, there are some key features and functionality that make best-in-class supply chain solutions a better choice for healthcare organizations: Guided procure-to-pay compliance: The concept of compliant purchasing in healthcare encompases the front-end user experience. Efficient warehouse management.

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Lessons from the Latest Forrester Wave Reports

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The first, authored by Duncan Jones and published on December 10, is The Forrester Wave™: eProcurement Platforms, Q4 2019 , which covers purchasing and invoicing (similar scope to Gartner’s P2P Suites Magic Quadrant ).