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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.
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. McAdoo echoed this point, adding that Covid-19 had the unexpected benefit of driving innovation and new opportunities to share ideas.
New capability optimizes the user eprocurement experience and strengthens supplier relationships. Ivalua, a leading provider of global Spend Management Cloud solutions, today announced the launch of next generation eprocurement capabilities at its Ivalua NOW event. ” More information: [link].
UAE-based System Integrator and Digital Enabler will be a partner for Ivalua’s eProcurement solution in the United Arab Emirates and Saudi Arabia. Dubai, UAE, 15 November 2022. Raqmiyat , a leading system integrator and digital enabler, is pleased to announce the partnership with Ivalua , a global leader in spend management.
With more resources at their disposal, local talents can create innovative solutions that can further transform the regional economy. Sara currently leads the Ivalua eProcurement business in the Middle East region, and is a current Alumni of the Masters of Law in Public Procurement and Policy Program in Nottingham University.
Seize the Perfect Storm with High-Performance Procurement: Read the Profiles of Innovative Local Leadership All roads to a high-performance government start with procurement. Your team ensures the purchasing of everything from infrastructure projects to healthcare services, defense equipment, and supplies for public schools.
Tools like eProcurement platforms, contract management systems, and supplier portals streamline tasks such as order processing, invoice management, and supplier communication. Working with suppliers who share your commitment to sustainability is not only good for the planet but also enhances your organization’s reputation.
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. Driving impact with eProcurement. Reflecting on the journey. That’s right, I was on the vendor side!
Innovating to Uncover New Sources of Revenue in the Public Sector. Step 1: Use eProcurement Systems as a Potential Source of Revenue. eProcurement has been part of the technology footprint in many states for decades, to reduce cycle times, streamline processes, and collaborate with suppliers. . The Public Sector is no exception.
Customers will benefit from Tealbook’s innovative approach to autonomously gathering and validating supplier information from over 400 million websites and 600 data sources. In addition, Tealbook provides a data foundation that can be leveraged by other eProcurement solutions to ensure these larger investments are successful.
In addition, Tealbook provides a data foundation that can be leveraged by other eProcurement solutions to ensure these larger investments are successful.
many Government departments and agencies use eProcurement platforms to publish contract opportunities , award decisions, and procurement processes. The best bid is not always the cheapestit is the one offering the highest overall benefit considering durability, innovation, and economic impact.
Ivalua provides the type of innovation that organisations require to thrive in the modern business environment.”. in “The Forrester Wave : eProcurement Platforms, Q4 2019.”. in “The Forrester Wave : eProcurement Platforms, Q4 2019.”. The awards continue the ongoing recognition of Ivalua’s Procure-to-Pay suite.
INNOVATION DAY. Vijay Jainaraine Director eProcurement and Analytics, Rogers Communications Inc. Innovation Showcase. INNOVATION DAY. Vijay Jainaraine Director eProcurement and Analytics, Rogers Communications Inc. Innovation Showcase. Day 1 – April 27. PRACTITIONER LESSONS. DAY 2 – April 28.
We cannot wait to connect with procurement leaders, innovators, customers, and colleagues in our beautiful nation’s capital! . Today, we are stronger, more united, and more determined to lead and innovate together! Measuring eProcurement Success: A Q&A with the State of Ohio’s Andrew Cochran.
Ivalua provides the type of innovation that organisations require to thrive in the modern business environment.”. in “The Forrester Wave : eProcurement Platforms, Q4 2019.”. in “The Forrester Wave : eProcurement Platforms, Q4 2019.”. The awards continue the ongoing recognition of Ivalua’s P2P solutions.
Ivalua is now the only vendor positioned as a Leader in four separate reports — the Gartner Magic Quadrant for Strategic Sourcing Application Suites, Gartner Magic Quadrant for Procure-to-Pay Suites, The Forrester Wave™: eProcurement Platforms, Q4 2019 and this report.
Ivalua is now the only vendor positioned as a Leader in four separate reports — the Gartner Magic Quadrant for Strategic Sourcing Application Suites, Gartner Magic Quadrant for Procure-to-Pay Suites, The Forrester Wave™: eProcurement Platforms, Q4 2019 and this report.
The first, authored by Duncan Jones and published on December 10, is The Forrester Wave™: eProcurement Platforms, Q4 2019 , which covers purchasing and invoicing (similar scope to Gartner’s P2P Suites Magic Quadrant ). In the Forrester reports, Ivalua and Coupa appear as leaders in both the S2C and eprocurement Wave reports.
The first, authored by Duncan Jones and published on December 10, is The Forrester Wave : eProcurement Platforms, Q4 2019 , which covers purchasing and invoicing (similar scope to Gartner’s P2P Suites Magic Quadrant ). In the Forrester reports, Ivalua and Coupa appear as leaders in both the S2C and eprocurement Wave reports.
He added that the on-premise, monolithic ERP system will become a thing of the past, and will be replaced by best-in-class eProcurement platforms that can integrate with specialist tools such as CRM or service management systems. . Jones said organizations may have to rethink their relationship with suppliers, as well.
Procure-to-Pay (P2P) suites include both eprocurement and einvoicing capabilities. Customers also benefit from significant and accelerating levels of innovation. Other recent innovations include Search360, which optimizes the user experience for search and content, eliminating the hassle of punch-outs.
Procure-to-Pay (P2P) suites include both eprocurement and einvoicing capabilities. Customers also benefit from significant and accelerating levels of innovation. Other recent innovations include Search360, which optimizes the user experience for search and content, eliminating the hassle of punch-outs.
A couple of weeks ago, ISM and Spend Matters had their first Eprocurement Technology Summit in Baltimore, Maryland on the Inner Harbor. Can I share suppliers a 3D sketch for accurate pricing, faster time to market, and help facilitate supplier collaboration in innovation? I attended with a few colleagues from Directworks.
The eProcurement Future Systems programme is moving forward with its initial phase. The plan is to replace the current pre award systems (PCS and PCS-t), innovation notices and contract and supplier management, with a single system. Don’t forget to register and I look forward to seeing you on the day.
Premier event for procurement & supply chain practitioners will showcase latest technological innovations and extensive line-up of industry leaders. The technological innovations coming this year that will help leaders transform faster and further. Redwood City, CA. to a virtual event, taking place on May 5 and 6, 2020.
As user expectations for a consumer-like purchasing experience grow, providing intuitive, self-service eProcurement with access to all content is essential. No surprise then that there is hardly a procurement organization out there that has not started or is now contemplating digital transformation.
Collaboration is key to a successful solution and we are able to achieve this with innovative partnerships. New products, more progress, endless possibilities… Pascal Bensoussan introduced Ivalua ’s Trends & Vision before Vishal Patel took the stage for our Innovation Showcase.
Premier event for Procurement & Supply Chain practitioners will showcase latest technological innovations and extensive line-up of industry leaders. Showcases revealing the latest spend management innovations that will help organizations transform faster and further. edition of its marquee annual event series, Ivalua NOW 2020.
Rather than trying to secure budget for new tools, André advises working with tools you already have, like your eProcurement system or even Excel. And innovation would probably have been second.” Gather, store, and use your data One critical piece of any procurement department is a system to collect vendor diversity data.
A panel discussion moderated by KPMG (top sponsor at the event) featuring leaders from Honeywell and Meritor on the future pf procurement, where innovation and ways to best collaborate with supply chains was one of many points made.
With change comes innovation. Providing a digital catalog of both local and nationwide or even global suppliers enables choice and flexibility, helping to mitigate any unforeseen disruptions that can lead to a shortage of supplies. NFR Categories. Optimize New Spend .
Strong supplier relationships lead to new product development and innovation, as well as reduced costs and increased efficiencies. Every Superhero needs a side-kick to achieve maximum performance, and according to Hackett’s Nicolas Walden, turning your suppliers into allies is an essential first step towards achieving AP Superhero status. .
Chief Procurement Officers stand at the precipice of change and taking the next steps towards Procurement innovation is going to require strong leadership and expert guidance. BUT, technology is only there to empower innovators through their paradigm shift. Show the results and move forward with the next stage of innovation.
By building a team with a diverse background you foster a culture of innovation that can push people to think outside of the box. For a team to be more than just the sum of its parts, you need to have a strong team-culture. This consists of hiring people that will bring more than just their specific category experience. Dare to mix it up.
The realisation that innovation from suppliers is a huge strategic opportunity for most organizations has been slow to dawn, but now we see these concepts rapidly becoming more and more accepted. In the public sector, it is about finding innovation which can ultimately benefit the citizen and taxpayer. .
Automation, unified data and a 360-degree view of suppliers ensure smart procurement gives the modern CPO the tools required to monitor risk, innovate and ensure compliance.
This is where helping organizations innovate, ensuring business agility and even growing revenue comes into play. Procurement was tasked with supporting a board level initiative to accelerate innovation and increase margins. Global automotive component supplier Meritor is a great example.
Christopher Bourez, Artificial Intelligence Architect at Ivalua. Contract Lifecycle management is an area we have seen huge demand in over the last year or two. Many of our customers leverage our contract management solution for both authoring or contract repositor.
Christopher Bourez, Artificial Intelligence Architect at Ivalua. Contract Lifecycle management is an area we have seen huge demand in over the last year or two. Many of our customers leverage our contract management solution for both authoring or contract repository.
Join us at the Ivalua Public Sector Procurement & Acquisition Summit in Washington DC on 3rd April 2019, where the Ivalua team will showcase how innovative Public Sector leaders are transforming procurement today, and the technology that will drive the next wave of value. Blog first published on Public Spend Forum.
Ivalua has seen among its customers a huge appetite for innovation, not least because it is making the role of Procurement so much more strategic and also, put more bluntly, it’s becoming a much more interesting role. There is no doubt that Digital Procurement is a reality for many organisations.
Automation and innovation are at the forefront of the supply chain industry with procurement acting as a key enabler in the process. Körber, a leading international technology group with over 10,000 employees, aims to be a tech leader in procurement to open the door in supply chain performance and drive innovation in the community. .
eVA is Virginia’s award-winning eProcurement portal, which provides a centralized, online purchasing hub for state and local agencies and more than 112,000 approved vendors who provide essential goods and services. Ivalua’s platform will further modernize the Commonwealth’s eProcurement system. Mid-Atlantic Business Unit Leader.
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