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What is eProcurement?

ivalua

Difference Between Procure to Pay and eProcurement. Eprocurement or e-procurement comes from electronic procurement. Benefits of an eProcurement Solution. – Spend control through real-time visibility into budget consumption, negotiated prices, preferred suppliers, engagement channels. .

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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

Inflationary pressures can cause frustration levels among suppliers due to increased costs or reduced demand from customers, particularly when it comes to repeated orders or fixed pricing contracts. This could include negotiating more favorable terms with suppliers or renegotiating existing contracts to ensure that prices remain competitive.

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Ivalua Launches Search360, Bringing Advanced Cross-Catalog eProcurement Capabilities

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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]. ” More information: [link].

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3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation

ivalua

By ensuring that the right goods and services are purchased at the right price and delivered on time, procurement can help to ensure that a company or organization achieves its goals. Below, we outline the 3 essential goals and initiatives of the program and how procurement plays a vital role in its execution and success!

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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. Enter eProcurement. With proper planning, the right talent and a modern eProcurement platform in place, opportunities for growth and productivity among MENA supply chains abound.

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Ivalua and Amazon Business Extend Collaboration with Truly Integrated Search

ivalua

Businesses can now access all Amazon Business content directly from within Ivalua’s eProcurement and Procure-to-Pay solutions. With real-time pricing and inventory information to ensure that the items selected are available. This was possible previously, just via the traditional punchout method. All without leaving Ivalua.

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Roundtable roundup: Best practices for crown corporation procurement

Bonfire

eProcurement is appealing because it can help agencies move the needle on strategic goals, including project efficiency, stakeholder collaboration, and vendor engagement. What strategies are crown corporations using to deal with the current price uncertainty in the market? The end goal is to drive purchase prices down for the buyer.