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Understanding the procure to pay process

Unleashed

The procure to pay process is complex and far more than simply making a phone call, or sending a few emails to arrange the purchase of goods. Strategically approaching the procure to pay process can see your company reap the rewards. In this guide, we’ll cover: What is the procure to pay process.

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Ivalua Recognized with a Customers’ Choice Distinction in 2022 Gartner® Peer Insights™ ‘Voice of the Customer’: Procure-to-Pay Suites

ivalua

Redwood City, CA – April 1st, 2022 – Ivalua, a global leader in spend management , today announced that it has been recognized as a Customers’ Choice vendor in the March 2022 Gartner Peer Insights ‘Voice of the Customer’: Procure-to-Pay Suites report. About Gartner Peer Insights.

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Cogniture Procurement Technologies will Change Your World

NC State SCRC

Initially, we expect to see many procurement applications of AI in spend analysis, accounts payable, and source to pay applications, but this will become more important as we observe AI applications in areas such as supply risk management, buyer-seller relationships (including email exchanges), and improved supply base management.

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Overcoming The Barriers to Use Channel Data

Supply Chain Shaman

A requirement to apply as an analyst position for AMR Research was to write an opinion piece and defend the article in an interview. However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy.

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Lifting The Gray Curtain

Supply Chain Shaman

In our research, we find that 72% of planners primarily depend on Excel and desktop analysis despite the rollout of advanced platforms for planning in 92% of manufacturers with greater than 5B$ in revenue. The solution was too black box. Hence the solution couldn’t be much maintained. ” My take?

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In the Middle East, the Need for Risk Management Guides the Transformation Journey to Procurement 4.0

ivalua

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. High-Potential Transformation Use Cases Will Impact Procurement’s Future.

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Is It a Good Idea to Invest in Hiring a Purchasing Manager?

Precoro

The question arises: when to separate purchasing management tasks into an autonomous operational role and hire a designated professional? There is no universal answer to this question, as purchasing process, procurement policies, goals, and volumes differ not only in the industries but even from company to company.