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When businesses start sourcing local goods and services, they are presented with new opportunities to network and form strong bonds with local business owners. Analyzing spend and executing these processes across all spend is crucial to navigating these complexities.
Embarking on an eProcurement implementation can result in more efficient government, improved compliance and increased transparency. Having more information earlier, and having it presented in a straightforward way at regular intervals, increases everyone’s confidence. So where do you start and what should you know before you start?
Mike recently committed and was not present this time) Including the Negometrix staff, the group combines tremendous hands-on procurement experience with academic insights in e-procurement and digitalization of organizations in general. Current President of NPI National Procurement Institute.
It was quite a coup to get Futurist Nancy Giordano (check out her Tedx ) at the event, and she presented on “Navigating the big shift” No-one will deny that we are entering an age when who knows what will happen, and we need to think and act differently on every level. Over 20 customers presented their stories during the overall event.
Kicking off the day with our first keynote, Ivalua’s Founder and CEO David Khuat-Duy will present his reimagined vision in a post-pandemic world, leveraging digital transformation to restore growth, and igniting new opportunities for procurement teams and suppliers.
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.
A couple of weeks ago, ISM and Spend Matters had their first Eprocurement Technology Summit in Baltimore, Maryland on the Inner Harbor. During the presentation, he said “the old will not be tolerated for long. I attended with a few colleagues from Directworks. Collaboration, connectivity, and shared experiences are here to stay.”
The eProcurement Future Systems programme is moving forward with its initial phase. This presents an opportunity for procurement to come to the fore and help mitigate these challenges. 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.
This spend area still presents a huge opportunity for procurement. Attack GNFR Spend. Goods not for resale are a huge cost-center, especially in the post-Covid-19 era. According to KPMG’s 2018 Retail Trends Report, the costs of GNFR goods and services accounts for 8-14% of the total cost base for retailers.
Dawn will be presenting a thought-leader keynote titled “Leadership in Uncertain Times” at Ivalua NOW , the premier virtual event for procurement leaders, on May 5. We have tremendous insight into every part of the procurement process and all of the players involved, especially now with the help of eProcurement platforms like Ivalua.
Guest Keynotes Nadia Malek,CPA , Desjardins delivered an incredible presentation, explaining that as procurement shifts from its cost-driven origins to a more strategic function, timing becomes a crucial factor. “As With its strategic advantage, procurement is poised to be the driving engine in our collective journey towards success!
The event will feature presentations from the most innovative procurement and supply chain leaders on how they are accelerating their digital transformation journeys, and meeting today’s business challenges. to a virtual event, taking place on May 5 and 6, 2020.
The guidelines insist that attention and focus need to start from the top. The management body should ensure that sufficient resources are available to appropriately support and ensure the performance of those responsibilities, including overseeing all risks and managing the outsourcing arrangements …”.
The goal being to manage risk by easily identifying obligations within contracts and ensuring that appropriate risk mitigating language is present within legal documents. At Ivalua , the AI team has conducted research to enable our platform to understand such text in the context of contracts or legal data.
The goal being to manage risk by easily identifying obligations within contracts and ensuring that appropriate risk mitigating language is present within legal documents. At Ivalua , the AI team has conducted research to enable our platform to understand such text in the context of contracts or legal data.
The Hackett Group published this Report, State of Procurement Digital Transformation, Part 1: Value Drivers and Expectations in April 2018 and Lessons Learned by Early Adopters, Part 2 in September 2018 and over the course of this year we have been lucky enough to have Amy Fong , Associate Principal at The Hackett Group present the findings of (..)
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