The latest news on people and tech in the digital procurement space, as well as thought leadership pieces on all things procurement software.
This week’s piece was inspired by a LinkedIn post from well respected industry commentator Jon W. Hansen.He’s predicting that 75% of AI (procurement tech) solution...
Procurement has the once-in-a-lifetime opportunity to evolve into a strategic powerhouse.Will we grasp it, or will we fluff it?A lot of that will depend on...
Low cost purchasing software – is it a myth?And do any of these affordable solutions also have transparent pricing?The answer is YES to both.In the...
No Code Procurement is a phrase I came up with to highlight the many opportunities that are out there to build procurement apps using existing...
Hot on the back of me going to a couple of conferences, I thought it’s worth asking the controversial question: Are they worth it?We’ve certainly...
As procurement software evolves, intake and process orchestration solutions are one of the most interesting arrivals on the scene.These newer tools aim to offer a more flexible and...
The war for talent is all about the importance of attracting and retaining exceptional human capital. Companies must actively seek out and employ brilliant minds...
The topic of supplier consolidation is a popular one, especially across indirect procurement spend.If we take the 80/20 rule, then 80% of the supply base usually...
Procurement is changing. And so must the contemporary procurement leader.We’re – slowly – moving from being a process obsessed, box-ticking function to being a more value-driven,...
Category management software was one of the final frontiers for procuretech. Along with services procurement and automated negotiation bots, this is certainly a tougher nut to...
Shockwaves were sent through the procurement software industry last December when the Coupa software acquisition was announced.They are arguably the market leader and self-proclaimed “inventor...
So, you’re about to embark on a digital procurement transformation in your organization.You’ve read lots of articles, listened to a few of the best procurement podcasts,...
Finance and Procurement are two functions which should, and must, work more closely together. The sad fact is that we often don’t seem to be...
Digital procurement tools offer organisations a once-in-a-generation opportunity. Tech can help pivot their activity from being predominantly tactical and administrative, to being a highly strategic and...
Often, indirect services procurement bears the lowest hanging fruit. This despite companies often obsessing over squeezing the last cent out of their direct spend. This...