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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.
Is Your Contract Management Really Effective?
This document presents some of the contract management problems that organizations encounter and the benefits that a perfect contract management system can offer.Signs your business needs a SRM solution. Contracts are a fundamental building block in any business. They really are the binding relationship between an organization and its customers and suppliers.
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.
Latest Procurement Insights
Focusing on Business Specific Category Sourcing Groups is key, with or without UNSPSC.Transforming raw Spend and Supplier data from payment and purchasing systems and reclassifying it into common, meaningful sourcing categories creates significant visibility and...read more
One of the most frequent questions we get from our clients is hands down: What is the best approach to use and identify savings opportunities through spend analysis?This is an excellent question. There are a wide variety of opportunity analyses that can be conducted...read more
You may already know that Procurement is usually used as a generic term for "purchasing" within an organization. Though, there is a lot of variables and invisible details that make it trickier to understand than just the overall aspect. I'm going to dive into a...read more