Remove Eprocurement Remove Evaluation Remove Supplier
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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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Ivalua Cited as a ‘Leader’ in eProcurement by Independent Research Firm

ivalua

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.

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Accounts Payable Superheroes, It’s Time to Empower your Suppliers

ivalua

In Accounts Payable, it’s the Supplier inquiry. However, could this interruption by your supplier be turned into an automation opportunity. Bad Supplier Relationship Management is the kryptonite for AP . In this situation, suppliers may start regarding AP team members as adversaries — and that’s a recipe or disaster.

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Public Sector eProcurement Implementation: Ways to Mitigate Risk and Ensure Success

ivalua

Embarking on an eProcurement implementation can result in more efficient government, improved compliance and increased transparency. Each process or system that is transitioned needs to be managed independently to minimize the impact to suppliers and preserve the integrity of centralized data. Executive Level Project Sponsors.

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Driving Value through the Supplier Experience

ivalua

This involves the perspectives of immediate stakeholders, agency leads and the general public, but it also includes the perspectives of suppliers participating in solicitations or seeking opportunities to work with the government. One of the worst possible side effects of a solicitation is when a supplier protests the award decision.

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Key Principles of Public Procurement: Transparency, Value, and Fairness

Tracker Intelligence

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.

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The Keys to Successful Digital Transformation – You Must Spot the Differences

ivalua

As user expectations for a consumer-like purchasing experience grow, providing intuitive, self-service eProcurement with access to all content is essential. Top of the list is supplier adoption. But that goes hand in hand with supplier adoption. Leaders must avoid the trap of focusing evaluation purely on today’s requirements.