Catégorie "Supplier Relationship Management (SRM)"

5 Practices That Might Put Financial Services Companies at Risk

by Olivier Audino | 22/05/2019 | Spend analytics, Strategic Sourcing, Supplier Performance, Supplier Relationship Management (SRM)

5 Practices That Might Put Financial Services Companies at Risk The financial services industry is going through a major reconstruction as it continues to climb out of the financial crisis. With increased regulatory pressure, particularly when working with ...

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What is Supplier Normalization in Spend Analysis?

by Olivier Audino | 16/05/2019 | Supplier Performance, Supplier Relationship Management (SRM)

This blog post focuses specifically on supplier normalization. What is Supplier Normalization? Supplier normalization is the process of taking supplier names with multiple spellings, mis-spellings, abbreviations, etc. and normalizing them (cleaning them up so that...

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6 Ways eProcurement Can Lower Your Cost-to-Income Ratio (CIR)

by Olivier Audino | 06/05/2019 | Procure-to-Pay, Spend analytics, Strategic Sourcing, Supplier Relationship Management (SRM)

Competition is as fierce as ever in the European financial services industry as the move toward a harmonized market over the past decade has driven down margins. It’s Economics 101 – by pushing for transparency, competitors will undercut one another until they are...

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e-Procurement to facilitate procurement management

by Olivier Audino | 10/10/2018 | Supplier Relationship Management (SRM)

As part of purchasing management, e-procurement is one of the favorite methods used by companies to place their item orders. What does e-Procurement mean ? It is commonly referred to as “electronic or online procurement”. E-procurement is a commercial...

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