Bonfire

MARCH 17, 2023

Keep reading for a checklist to help you optimize procurement compliance and internal risk management. Compliance and risk management is a team effort Procurement compliance and risk management doesn’t just fall to the procurement department—it’s everyone’s responsibility.

Risk Management 52

Risk Management Procurement Management Strategic Sourcing 52

American City & Country

NOVEMBER 18, 2024

Using a cooperative purchasing program ensures compliance with state and federal laws while reducing the risks associated with supplier management. Tools like eProcurement platforms, contract management systems, and supplier portals streamline tasks such as order processing, invoice management, and supplier communication.

Purchasing 58

Purchasing Procurement Supplier Supply Chain 58

ivalua

JUNE 16, 2021

What’s more, PwC found that the average investment in risk management among MENA companies was $1.5 Enter eProcurement. It’s also critical to have the right skill sets in-house — experts in data science, intellectual property and contract management are essential. Why did MENA organizations react with such urgency?

Supply Chain 52

Supply Chain Eprocurement Procurement Team Supplier 52

Tracker Intelligence

FEBRUARY 22, 2025

many Government departments and agencies use eProcurement platforms to publish contract opportunities , award decisions, and procurement processes. The use of AI powered analytics helps in detecting abnormalities and eProcurement solutions give audit trails to reduce the chances of conflict.

Public Procurement 52

Public Procurement Transparency Procurement Tender 52

ivalua

SEPTEMBER 10, 2020

We are proud to have helped the majority of Nordic global companies to increase collaboration, improve risk management and act more sustainable. Stretch help our clients to increase the contribution from procurement. Our approach is to provide both world class solution consulting and business advisory services.

Procurement 40

Procurement Eprocurement Consulting Risk Management 40

ivalua

JANUARY 21, 2020

The next level of risk management might include identifying and tracking subcontractors and second tier suppliers as well as general contractors/first tier suppliers. While eProcurement punchout catalogs are a popular solution, they only work in some categories of spend and are prone to compliance problems.

Procurement 40

Procurement Supplier Eprocurement Transparency 40

ivalua

MARCH 14, 2019

Today, they are tackling new priorities like risk management, supplier compliance, actionable insights. .” It is not a surprise that the responsibilities of today’s CPOs are evolving fast compared to the ones they had in the past years. Traditionally, the CPO’s first priority was to ensure the optimization and reduction of costs.

Procurement 40

Procurement Supplier Capacity Risk Management 40