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What is eProcurement?

ivalua

Difference Between Procure to Pay and eProcurement. Eprocurement or e-procurement comes from electronic procurement. Benefits of an eProcurement Solution. – Spend control through real-time visibility into budget consumption, negotiated prices, preferred suppliers, engagement channels. .

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What is Strategic Procurement, and How Can Cooperative Purchasing Help?

American City & Country

Your procurement strategy should outline short-term and long-term goals, identify potential risks, and focus on building strong supplier relationships. Leverage Group Purchasing and Cooperative Contracts for Cost Efficiency One of the most effective ways to streamline procurement is by using group/cooperative purchasing contracts.

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Highlighting the Impact of eProcurement in the Public Sector

ivalua

eProcurement solutions are helping government agencies not only overcome those challenges but create new efficiencies never before possible, manage spend more effectively and deliver more value to the public. Prior to COVID-19, the agency accepted supplier bids by mail or in person — two methods that in an instant became impossible.

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Raqmiyat Partners with Ivalua to Digitalize the Procurement Function of Organizations in the UAE & KSA

ivalua

UAE-based System Integrator and Digital Enabler will be a partner for Ivalua’s eProcurement solution in the United Arab Emirates and Saudi Arabia. Ivalua enables a global and diversified customer base to effectively manage spend and suppliers on a single platform. Dubai, UAE, 15 November 2022.

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3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation

ivalua

However, implementing category strategies for successful sourcing and supplier management can be challenging without the right tools. When businesses start working with local suppliers, they become part of a growing cycle of economic development. The Saudi 2030 Vision invests in the community to drive local business growth!

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

Bonfire

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.

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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Let’s explore further.

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