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Get Ready for Success! 4 Critical Workstreams for Successful Procurement Implementation

ivalua

Ivalua Spend Management Insights [ivory-search] Get Ready for Success! We recommend leveraging these workstreams, based on Gartner’s 4 Workstreams for Successful Implementation of Any Procurement Application to maximize the impact of your next large-scale procurement implementation: 1.

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Artificial Intelligence: Procurement and Legal’s “New Frontier”

Proxima

And what for procurement teams? Procurement will need to understand all the ways that AI could transform how attorneys manage their work and what challenges AI could create for legal suppliers that need to be considered. For example: Contract management and e-discovery. Data meets requirements.

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12 Ways To Get Control Over Supplier Master Data

ivalua

Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. Procure-to-pay (P2P) automation and analytics won’t work very well without accurate supplier master data. Yet that goal — data accuracy — remains a considerable challenge for many Procurement and Accounts Payable organizations.

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Guiding Principles for Success in Your Enterprise’s Master Data Management

Vinculum

Look at most successful businesses, enterprises or retail stores; the leading reason behind their success is their master data management solutions. Data is known to be one of the valuable assets this 2020. All thanks to the technological revolution, there has been data generated at an unprecedented pace.

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Sustainable Supply Chain Best Practices: How to Get Started 

Logility

Your sustainability policies should not just pay lip service to these ideals. Public scandals don’t convince these companies to change their policies in the same way they do with consumer-facing organizations. Draft a sustainability policy for your enterprise.

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Overcoming The Barriers to Use Channel Data

Supply Chain Shaman

Why have we not improved our use of channel data in supply chain processes?” ” (The use of the term “basics” is usually code for the implementation of Enterprise Resource Planning (ERP) to improve order-to-cash and procure-to-pay.). Insights from market data to drive bi-directional orchestration.

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Accounts Payable Superheroes, It’s Time to Empower your Suppliers

ivalua

Recent data from the Hackett Group reveals that AP teams that provide self-service capabilities to suppliers can achieve Superhero status by reducing inquiries by 49% and saving 50% on master data management costs. In some organizations, this task belongs to Procurement, and in others the responsibility lies with the AP team.