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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. A transparent approach lowers procurement risk, prevents corruption, and fosters confidence between suppliers and public sector organisations.
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 digital environment allows us to make our information — and the benefits of having it — transparent to the C-suite.
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.
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.
All entries endure a thorough three-stage judging process, comprising scoring, peer reviewing and final judging meetings, to ensure complete transparency and guarantee that the winners really are the best of the best. Ivalua provides the type of innovation that organisations require to thrive in the modern business environment.”.
All entries endure a thorough three-stage judging process, comprising scoring, peer reviewing and final judging meetings, to ensure complete transparency and guarantee that the winners really are the best of the best. Ivalua provides the type of innovation that organisations require to thrive in the modern business environment.”.
Rather than trying to secure budget for new tools, André advises working with tools you already have, like your eProcurement system or even Excel. This also provides transparency to leadership, council, the public, and other project stakeholders. And innovation would probably have been second.”
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. KEEN , Salomon , and Gibson Brands, Inc.
Transparency = Trust. Metadata that tracks small business spend simultaneously promotes fair competition and alignment with policy objectives, leading to transparency as well as trust. One of the worst possible side effects of a solicitation is when a supplier protests the award decision. Happy Suppliers are Engaged Suppliers.
Digitizing the source-to-pay process eliminates paper, unnecessary phone calls / emails and improves transparency for all stakeholders. 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.
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. .
Backed by decades of technology innovation, Euna Solutions provides a suite of leading software solutions that power critical administrative functions and financial operations for the public sector in the U.S. and Canada. With historic levels of funding available, now is the time to modernize the public sector.”
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.
With its mix of charm, history, and major public works set to transform its infrastructure for the future, Rome was the perfect backdrop for our event which was all about harnessing our collective knowledge to make procurement more results-driven, transparent, and impactful across Europe.
eMaryland Marketplace Advantage is a technologically advanced electronic procurement system designed to make state procurement and business processes more efficient, transparent, secure, and user friendly for all stakeholders. With Ivalua, it is finally possible to bring best practice procurement to the public sector.”.
This data is transformed into the eProcurement Ontology (ePO) and sorted in the PPDS Knowledge Graphs, which is at the center of the diagram. Researchers, journalists, and citizens gain unprecedented transparency in public spending. Architectural diagram of the PPDS.
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