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What is eProcurement?

ivalua

Difference Between Procure to Pay and eProcurement. Procure-to-Pay is the sequential process we described earlier. Eprocurement or e-procurement comes from electronic procurement. Cloud-based Procure to Pay platforms are a must-have for any company that wants to become best-class in P2P.

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The risks of vendor-paid eProcurement

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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.

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10 Things Your ERP Can’t Do (And Why You Need an eProcurement Solution)

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Enterprise Resource Planning (ERP) systems have become an essential tool for complex organizations, but when it comes to procurement in the public sector, they aren’t enough. Limited supplier reach: ERP systems don’t go far enough when it comes to reaching and managing suppliers.

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Highlighting the Impact of eProcurement in the Public Sector

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It’s no secret that procurement organizations across industries were hit hard with challenges arising from Covid-19. 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.

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Hutchinson Expands its Procurement Digitalization Roadmap with Ivalua

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Ivalua, a global leader in spend management , and its partner Axys Consultants today announced that Hutchinson has selected Ivalua’s eProcurement software to expand the scope of its currently implemented solution and meet its evolving procurement requirements. Learn more at www.ivalua.com. Follow us at @Ivalua.

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Procurement Rising: The Silent Inflation Tax on Manufacturers

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Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

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

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Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

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