How Reverse Bidding Benefits Your Auction Process
When was the last time you changed vendors? Are you being charged a fair market price for your...
MRO Spend Metrics Procurement Needs to Focus On
No matter the business, and no matter the industry, money is what keeps the gears grinding and the...
What Kind of Vendor Risk Management System Do You Have in Place?
Data and personal information are two of the most valuable commodities in the marketplace today....
Breaking Down the Category Management Definition in Procurement
When Brian F. Harris, former university professor at the University of Southern California (USC)...
Enhancing Your Contract Management System for 2021
Whenever there are a variety of moving parts that all have to work seamlessly together –...
Purchase Order Requisition Software Developments for Your Procurement Team
In most technologically saturated markets, there are going to be constant developments. This is...
What Does Source to Pay Mean in the “New Normal” of Procurement
The global coronavirus pandemic has brought millions of businesses the world over to a grinding...
What the Procure to Pay Process Contributes to the C-Suite
Running a business or organization requires dedication and strategic thinking. Some of the best...
RFI vs RFP: How to Progress in the Request Process
Understanding the nuanced differences between similar terms in an industry is essential to...
3 Limitations of e-Auctions and How to Overcome Them
Did you know that reverse auction software can help you save 18 to 40% on addressable spend?...
How Procurement Software has Progressed in 2020
2020 is going to be a significant year historically. From the world-wide pandemic, to the mass...
Purchase Requisition vs Purchase Order in Review
In an industry like procurement, there are a lot of different terms that sound very similar, and...
Procurement Software Implementation in 3 Easy Steps
Procurement and sourcing teams are some of the busiest departments of any organization. All year...
5 Tips When Using Inventory Management Software
Without inventory management, businesses, economies, and societies would descend into chaos....
A Vendor Management Guide for Procurement Leaders
As discussed in previous articles, there are various roles throughout a procurement team. While...
How Contract Management Software is Changing the Game
Contract management software (CMS) is revolutionizing the way sourcing and procurement teams do...
The 5 Major Benefits of e-Tendering
Before implementing a procurement software, or a series of procurement technologies just because...
The Role of a Sourcing Specialist on a Procurement Team
As with any sort of team that is composed of various people with varying obligations, procurement...
The Source to Pay Life Cycle in a Procurement Year
A lot of people often ask us, ‘What is source to pay process?’ Many people are under the...
