Generic selectors
Exact matches only
Search in title
Search in content
4 Key Pillars of an Outstanding Procurement Automation Solution
4 Key Pillars of an Outstanding Procurement Automation Solution
Highly effective strategic sourcing and its potentially huge impact continue to evade many organizations today as outdated business workflows leave data obsolete, siloed, and unusable. Businesses must bridge the gap between finance, sourcing, and operations to discover strategic revenue opportunities. Strategic sourcing and procurement teams are burdened with tedious legacy software, spreadsheets, email chains, etc. […]
Procurement of the Future Will Be Run By Analytics
Procurement of the Future Will Be Run By Analytics
Global supply chain sufferings aren’t going to fade any time soon. Aspects such as continued virus outbreaks and trade volatility will persist to stress the market well in the future. AI-powered systems will be in increased demand, due to their advanced analytics capabilities. 1. What is procurement analytics? – Procurement analytics is the methodology of […]
Spend Taxonomy – Vital Component in Spend Analysis
Spend Taxonomy – Vital Component in Spend Analysis
A spend taxonomy is nothing but a hierarchy or a categorical spend structure customized for your business.This hierarchical structure of spending can take a lot of time and effort to get built but a robust category structure will benefit the organization's spend management in the longer run.
Moving Towards a New Model of Procurement
Moving Towards a New Model of Procurement
A Study from Harvard Business Review According to Eloise Epstein, partner at Kearney, a global management consultancy, digital technologies will automate all the mundane and repetitive procurement processes in the coming years. The organization which will embrace the digital technologies in its procurement function will stay a cut above its competitors while improving the products […]
Top 7 Trends in Procurement for 2021
Top 7 Trends in Procurement for 2021
Here is the list of top 5 procurement trends we haveobserved in the year 2021. 1. Supplier Management This would perhaps go down as one of the most valuable lessons learned in the post-pandemic era. All companies irrespective of size, scale, and sector are equally vulnerable. Ways and means to prevent disruptions in supply chains […]
All About Contract Management Software
All About Contract Management Software
Your answers to the following questions will help you improve your organization’s profitability and efficiency. Go ahead and take the plunge: Does your company deal  with large number of vendors and service providers ? Do you have paper contracts for each one of them? Are you finding it difficult to manage the contracts in terms […]

Request A Demo

×