This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Whether it’s moving on from a complex custom eProcurement solution or stewarding public trust, there are many factors that Caribbean procurement leaders need to navigate to see success. and Joe Fagan, an eProcurement consultant with many donor banks, who both work directly with Caribbean procurement departments. Get started!
in “The Forrester Wave : eProcurement Platforms, Q4 2019.”. As stated in the report, eProcurement platforms “give CPOs complete, timely visibility of who is buying what from whom by helping employees get the products and services they need for their work.”. eProcurement technology has advanced greatly in recent years.
No collaboration: ERP systems don’t provide support for collaborative procurement, making it difficult for procurement or evaluation teams to work together. The post 10 Things Your ERP Can’t Do (And Why You Need an eProcurement Solution) appeared first on Bonfire.
Embarking on an eProcurement implementation can result in more efficient government, improved compliance and increased transparency. It is also advisable to establish a change control board for managing post-implementation enhancement requests and evaluations. So where do you start and what should you know before you start?
Today on the blog, we’re sharing how eProcurement can help you deliver that impact and make student-first buying decisions. With internal discussions and online evaluations directly within Bonfire, stakeholders can collaborate to define and respond to student needs with the best possible purchasing decisions. See how Bonfire can help.
Coming from the vendor side, I knew our eProcurement platform had the potential to transform sourcing and purchasing in the public sector. The very last project I worked on really opened my eyes to the promise of eProcurement. I don’t envy the evaluators who had to manually sift through thousands of pages.
Bonfire allows them to bring every stage of the procurement lifecycle into a central platform where the procurement team and relevant stakeholders can collaborate on RFPs and evaluations with full visibility into the process. opportunity identification worksheet, clause menu, evaluation criteria). Developing policies and strategies.
The Gartner report evaluated full-suite procure-to-pay solutions from 14 different software vendors across a broad set of criteria, placing Ivalua in the Leaders quadrant based on its ability to execute and completeness of vision. Ivalua was also positioned as a Leader in the preceding Gartner Magic Quadrant for Procure-to-Pay Suites.
The Gartner report evaluated full-suite procure-to-pay solutions from 14 different software vendors across a broad set of criteria, placing Ivalua in the Leaders quadrant based on its ability to execute and completeness of vision. Ivalua was also positioned as a Leader in the preceding Gartner Magic Quadrant for Procure-to-Pay Suites.
How Transparency is Ensured in Procurement Transparency is achieved through open contract notices, public tenders, and clear evaluation criteria. many Government departments and agencies use eProcurement platforms to publish contract opportunities , award decisions, and procurement processes.
Day-long meeting (in Brooklyn, NY) Two of our advisors joined our complete US staff & Negometrix’s new CEO from the Netherlands during our first meeting in February 2019. During an interactive, productive, day-long discussion we covered: 1. Prioritize the development of product modules and features pertaining to the US market 4.
is the CEO of Negometrix, Utrecht, the Netherlands, and Member of the EU Expert Group on eProcurement. Scores are calculated using a bid evaluation formula that takes as inputs price and quality, and their respective weights. Jan Siderius, MSc., The choice of formula critically affects which bid wins.
It’s tool, the Procurement Business Alignment Too l (BAT), evaluates 30 attributes of the Procurement function across multiple spend categories. For information on how Ivalua’s end-to-end eProcurment solution can improve transparency and data quality in your organizagiton to support these efforts, contact us today.
As user expectations for a consumer-like purchasing experience grow, providing intuitive, self-service eProcurement with access to all content is essential. Leaders must avoid the trap of focusing evaluation purely on today’s requirements. The disparity in challenges provides a great lesson for selecting technology.
Procure-to-Pay (P2P) suites include both eprocurement and einvoicing capabilities. The Gartner report evaluated full-suite procure-to-pay solutions from 13 different software vendors across a broad set of criteria, placing Ivalua in the Leaders quadrant based on its ability to execute and completeness of vision.
Procure-to-Pay (P2P) suites include both eprocurement and einvoicing capabilities. The Gartner report evaluated full-suite procure-to-pay solutions from 13 different software vendors across a broad set of criteria, placing Ivalua in the Leaders quadrant based on its ability to execute and completeness of vision.
Rather than relying on store managers to navigate local purchases, Procurement can add value by organizing the effort, evaluating and sourcing local suppliers, negotiating best pricing and delivery options, and automating the process by using technology to simplify inventory management at the local level.
According to Gartner , engaging with internal stakeholders can help to develop a set of appropriate metrics and KPIs to evaluate which suppliers can provide the most value. Instead, Automate! . Becoming an AP superhero isn’t about making things more complex. Through automation, the P2P process becomes simple, streamlined and more efficient.
A key lesson being that leaders must carefully evaluate technology based on not just current requirements, but also those as they advance in their transformation journeys. Duncan also highlighted the broad challenges organizations face with their technology choices and how the challenges vary with maturity.
Tender application is evaluated on the grounds of financial, technical, capability, and service it is important to keep all the documents handy and mention the details to make sure that the bid is compliant with all the criteria. Also, it is seen that mentioning past references talk volume of your business and work model.
If they feel that their proposal was not properly evaluated, this combined lack of confidence can quickly turn to protest. If suppliers already have a poor opinion of the process, either because of difficult communications or cumbersome technology, their trust in the decision-making process may also be diminished.
Such visual representations of legal clauses enable us to navigate into the space of clauses by their meaning and help the user quickly analyze and evaluate the quality of the clause repository (duplicates, mislabeled, modifications of original clauses…). retrieval of the original clause or template.
Such visual representations of legal clauses enable us to navigate into the space of clauses by their meaning and help the user quickly analyze and evaluate the quality of the clause repository (duplicates, mislabeled, modifications of original clauses…). retrieval of the original clause or template.
Have regular meetings with the users and do evaluations in the tool. Management WIIFM must be crystal clear – less clicks, less screens, cross cataloging, search web for best deals, Ivalua is a tool but what you get out depends on the company strategy and day to day better experience. Data is the new fuel of your organisation.
Naturally, you should make sure you evaluate technologies’ capabilities in those areas, but think about the future at the same time. If you are getting started, you are likely looking to start with technology to address a specific process ( Strategic Sourcing or P2P for example).
This data is transformed into the eProcurement Ontology (ePO) and sorted in the PPDS Knowledge Graphs, which is at the center of the diagram. A data quality analysis tool is also available, enabling users to evaluate and ensure the integrity of their data. Architectural diagram of the PPDS.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content