Remove Currency Remove Document Remove Procurement Remove Sourcing
article thumbnail

The Future of Procurement Is Upon Us. Are You Ready?

ivalua

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read. We are not your father’s traditional Procure-to-Pay solution.

article thumbnail

5 Things to Look for in eSourcing Software

EC Sourcing Group

Underneath the umbrella of supply chain management are procurement and the sourcing of goods and materials. When this is performed electronically through the internet, it is known as eSourcing or electronic sourcing. Spend management tools that are in your procurement or sourcing suite can help you make informed decisions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Things to Look for in eSourcing Software

EC Sourcing Group

Underneath the umbrella of supply chain management are procurement and the sourcing of goods and materials. When this is performed electronically through the internet, it is known as eSourcing or electronic sourcing. Spend management tools that are in your procurement or sourcing suite can help you make informed decisions.

article thumbnail

Beyond Spend Analytics: Supplier Life Cycle Data

Supply Chain View from the Field

In sourcing, data must be tracked over the entire life of a supplier. Then the evaluation of the supplier must be documented, and linked presumably to a category strategy (although not in all cases…). That is a whole process during the procure to pay process called reconciliation.

article thumbnail

Procurement Analysis: a Game Changer for Purchasing Strategically

Precoro

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Types of Procurement Analytics.

article thumbnail

Jason Busch’s Thoughts at the Coupa Conference

Supply Chain View from the Field

Spend Matters has grown to be a big part of the procurement landscape. The premise of his discussion at Coupa was around volatility, and the need for procurement transformation to stop and take a look at itself, and understand how becoming influential is becoming a bigger imperative. Look where it is today!

article thumbnail

Product Update, September 2022

Precoro

Read on to see how Precoro can help: mass payments, autocompletion of documents, bulk creation of receipts, automatic attachment transfers, revision tracking, and much more. We have introduced the Revision History feature to some documents and settings. You can now select several documents and pay them all with one click.