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Highlighting the Impact of eProcurement in the Public Sector

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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. The post Highlighting the Impact of eProcurement in the Public Sector appeared first on Ivalua. On Upcoming Trends.

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

Bonfire

No collaboration: ERP systems don’t provide support for collaborative procurement, making it difficult for procurement or evaluation teams to work together. Purpose-built procurement software provides a platform for collaboration, helping procurement teams achieve better and faster results.

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The Opportunity — and Challenges — for Digital Transformation in MENA

ivalua

MENA countries import a lot of food; disrupted supply chains and price increases mean potential food shortages. Cut off from these important imports, MENA companies sharpened their focus on transforming supply chains, as a means of becoming more resilient and agile. Enter eProcurement.

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Commemorating 10 years of Bonfire

Bonfire

Coming from the vendor side, I knew our eProcurement platform had the potential to transform sourcing and purchasing in the public sector. Before joining the team, I was a consulting engineer for a small firm and part of my job was submitting RFX responses to the public sector. Driving impact with eProcurement. What’s next?

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Roundtable roundup: Best practices for crown corporation procurement

Bonfire

If the amount is over the threshold, sourcing is led by the procurement team, whether through a public bid, NOI, or limited tendering option. Going forward, the agencies that use a patchwork approach are working towards adopting a single tool that will streamline their processes and support procurement success.

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Strategic Procurement: 4 Tactics for Economic Recovery in 2021

ivalua

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. Help staff sell procurement’s value during recovery.

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How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

ivalua

Access to this data is especially important when there are supply chain disruptions , such as those caused by the global pandemic. This highly automated approach, Jones suggested, is the future of Procurement and will enable organizations to be much more resilient and agile, especially in times of crisis.