Resource Centre - MavenVista

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

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 […]

How to Plan a Successful E-Auction

The following steps can be considered to plan and execute a successful E-auction event. 1. Analyzing the marketplace Depending on the type of Services and Items the buyer wishes to buy or the seller wants to sell via auctions- the individual should have an understanding of the demand in the market and the kind of […]

Invoicing Solutions – How They Can Benefit Your Business

Invoicing is perhaps the most important business activity as this is the penultimate step for a Business organization to realize its payment for all the hard work done. This is the document on the basis of which revenues are recognized in the books and payables or receivables are booked. Therefore it is very important to […]

Step By Step Guide To Implement a Procurement Savings Program

For time immemorial, Savings has been THE KPI against which the performance of a procurement organization has been judged. As businesses and industry sectors became more competitive, the role of Procurement evolved from a “PO Creator” to an active contributor to the bottom line of a company. Today, as the world moves to a more […]

Top 6 Risks in the Procurement Function

It is a fact that risks exist everywhere and in every business decision, it is more so. While procuring goods and services Organizations must consider the risks attached at every stage. Managing risks from the very start of the process is important. Disruption of operations, poor quality, the safety of employees and neighborhood, the reputation […]

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