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The risks of vendor-paid eProcurement

Bonfire

If you’re planning a transition to eProcurement, you’ve likely come up against the question “who should pay for this?” With so many competing priorities and budgetary constraints, when does it make sense to go with a vendor-paid eProcurement model? What is vendor-paid eProcurement? And for good reason. powered by Sounder.

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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. This may include posters with project progress, presentations, and the mobilization of internal influencers. So where do you start and what should you know before you start? Change Management.

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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. Influence The Board by Mapping the value of procurement projects to business priorities.

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

Tracker Intelligence

This guide examines the fundamentals of public procurement, including fairness, value for money, and transparency, and how they influence both ethical and effective procurement procedures. many Government departments and agencies use eProcurement platforms to publish contract opportunities , award decisions, and procurement processes.

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Retail Recovery: 4 Ways Procurement Can Unlock Savings and Add Value

ivalua

Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Procurement teams will continue to play a significant role in helping retail businesses find their footing as they not only commit to new ways of doing business, but look to optimize spend, cut costs, and drive revenue.

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6 Lessons for Procurement Digitization

ivalua

Welcome to the new age of Procurement where we are ideally positioned to influence not only cost control measures but also to embrace top line growth ambitions and to drive innovation, powered by digitization. Here are the key takeaways. Change does not happen by accident. Sounds great doesn’t it?

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Establishing Procurement as a Competitive Advantage

ivalua

That frees capacity, increases influence and improves access to insights for better decision making. Bringing more spend under management and digitizing are key steps along the way. But it doesn’t by itself give you an edge. To do that, you need teams that can act on that information, use that free time, to bring their best ideas to life.