The latest news on people and tech in the digital procurement space, as well as thought leadership pieces on all things procurement software.
Cost avoidance in procurement rarely gets the recognition it deserves from CFOs. Despite the industry’s shift toward a broader value-driven view of procurement excellence, most teams are...
Invoice problems are the bane of procurement teams.Picture this: You’re deep in a value-added task when your phone rings. It’s that vendor again. The one...
Your poor procurement data probably means you’re losing money without even knowing it.How?Messy procurement data is the invisible fiend lurking in your business operations, silently...
Procurement efficiency (or lack of it) is the elephant in the room. Most experienced Procurement Managers don’t enjoy performing administrative tasks and firefighting operational issues.And...
You’d think the age-old “build vs buy” debate would have been settled by now.The procurement technology landscape is incredibly crowded, with over 450 software solutions competing for...
The market for procurement talent harbours a dangerous disconnect. Procurement Directors post openings demanding Excel wizardry and SAP expertise. Meanwhile, AI quietly renders these skills...
Effective Hourly Rate is a concept I came across back in 2017.Back when what seems like an eternity ago, I still had a corporate job....
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...
1999. The year I first tasted procurement.I was doing a summer job as a Buying Assistant in an automotive gearbox manufacturing company in my hometown.Procurement,...
As procurement automation and the increased hype around artificial intelligence (AI) technologies continues to evolve, the big question for procurement professionals is: how much of our processes...
