Optimal Spend Analysis – How to Leverage Multiple Data Classifications? 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...
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Turn Identified Savings Into Realized Savings and Prevent Spend Leakage 1. Does your company have an eProcurement system? If not, thoroughly investigate the significant savings that such a system can deliver. Most vendors are happy to provide you with an ROI analysis...
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What is Procurement ? Procure-to-Pay Supplier Relationship Management (SRM) eCatalogs & Punch out Procurement Outsourcing Purchase Request & Supplier Orders Compliance & Validation Budget Management Strategic Sourcing Contract Management Sourcing &...
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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...
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5 Keys To Drive More Spend Onto eCatalogs Procure-to-Pay Supplier Relationship Management (SRM) eCatalogs & Punch out Procurement Outsourcing Purchase Request & Supplier Orders Compliance & Validation Budget Management Strategic Sourcing Contract...
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