Sourcing Force Blog

Take procurement to the highest level 

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

Our Latest News:

The Challenge of Managing Non-PO Invoices

The Challenge of Managing Non-PO Invoices

While automating the processing of invoices delivers many benefits, challenges may arise when it comes to non-PO invoices. Non-PO invoices result when a supplier has provided goods or services to a buyer without receiving a purchase order.   Because the lack of...

5 Keys To Drive More Spend Onto eCatalogs

5 Keys To Drive More Spend Onto eCatalogs

Lately, we have seen a significant increase in the number of companies looking to drive more of their spend to eCatalogs and asking their suppliers to provide more catalog content.  During a recent trip, a customer challenged me with a goal – they wanted 90% of their...

How Machine Learning Improves Data Cleansing

How Machine Learning Improves Data Cleansing

Machine Learning Improves Data CleansingOne of the many Holy Grails of machine learning within the spend analysis domain is the ability to disambiguate and classify customer purchases accurately, quickly, and automatically. It's a fun problem to try to tackle since...

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…

What is Procurement ?

What is Procurement ?

All You Need To Know About ProcurementProcurement (or purchasing) is the process for an organization to obtain products or services from external parties (market supply) to ensure that production and business activities are smoothly carried out. Procurement practices...

The Challenge of Managing Non-PO Invoices

The Challenge of Managing Non-PO Invoices

While automating the processing of invoices delivers many benefits, challenges may arise when it comes to non-PO invoices. Non-PO invoices result when a supplier has provided goods or services to a buyer without receiving a purchase order.   Because the lack of...

Watch our videos

Guides to the procurement world

All topics

Procurement-Related Definitions

Procurement-Related Definitions

In this post, we provide definitions of various procurement-related terms as well as other terms that are related to sourcing and spend management.Cost ManagementCost management can refer to the costs associated with individual projects, or cost management of an...

read more

Shedule a demo today

We will contact you as soon as possible