Sourcing Force Blog

Take procurement to the highest level 

Skill up and learn about procurement tips, advices, strategies and digitization on Sourcing Force blog

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So, You’ve Decided to Add New Procurement Technology

So, You’ve Decided to Add New Procurement Technology

Although procurement technology is nothing new, there are first-time implementations going on all the time. Whether you are introducing the company’s first full end-to-end platform or adding a new area of functionality to an existing platform (i.e., contract...

CLM Vs. eCLM: Which Comes First?

CLM Vs. eCLM: Which Comes First?

I have been blogging about contracts at the core of business for some time now, but it appears there is still some confusion as to what the best way is to get started – a holistic approach or a functional/departmental approach. The answer is actually both. The term...

7 Reasons to Move to CLM in 2022

7 Reasons to Move to CLM in 2022

In the earlier blog we noted that CLM in the past was based on the inability to completely address the needs of an enterprise due to siloed approaches – so how do we look forward? CLM - Contracts are the lifeblood of all business relationships. Today, organizations...

Procurement System ROI

It’s important when you want to gain more credibility with your internal and external stakeholders to know how much a Procurement system can be such a great solution to help your organization with its current challenges.

Why Do I Need SRM?

SRM is much more than a buzzy acronym that’s been tossed around the business and procurement world for the past decade or so. Is it time to invest in a Supplier Relationship Management solution? 
The contents of this e-book will help you determine that. Signs your business needs an SRM solution to improve procurement and productivity.

How to boost your Procure-to-Pay value

Learn how to Identify and drive organizational procurement value. Effectiveness is about producing an expected result and the gap between the target and the actual result defines the level of performance. “The less, the better” is now the objective for streamlined and powerful Procure-to-Pay processes.

The Ultimate Guide To Spend Analysis

Procurement organizations should use spend analysis to leverage buying power, reduce costs, provide better management and oversight of suppliers, and to develop an informed procurement strategy. 
Spend analysis should include the identification, automated collection, cleansing, grouping, categorization, and analysis of all spend data for the goods and services purchased for the organization.

Source-to-pay : Learn how to create new sourcing opportunities 

Read about stabilizing your spend, choosing the right suppliers, maximizing internal value and more…

Four Pillars of DIY Contract Management

Four Pillars of DIY Contract Management

What Are The Four Pillars of DIY Contract Management ? In this day and age of business apps and mobility, technology is driven by the do-it-yourself approach or DIY. Consumer-side technologies and personal experiences support the notion that today it has become easier...

So, You’ve Decided to Add New Procurement Technology

So, You’ve Decided to Add New Procurement Technology

Although procurement technology is nothing new, there are first-time implementations going on all the time. Whether you are introducing the company’s first full end-to-end platform or adding a new area of functionality to an existing platform (i.e., contract...

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Soucing process

Soucing process

Structured Sourcing Process and E-tool Deliver Double Digit Savings As sourcing organizations mature, it becomes more and more challenging to deliver significant savings across well-sourced categories. However, it has been Sourcing Force experience that there continue...

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