Procurement practitioners (and consultants and vendors who are Plus or PRO subscribers) can join us for a free pop-up webinar, 2014 eProcurement Forecast and Customer Recommendations. It’s taking place from 10:00-10:30 AM CT this Friday (January 24th). While we’ll be looking at a number of customer adoption, best practices, and growth trends in the e-procurement market, we will also provide shortlists of vendors for consideration, based on unique company organizational requirements.
The e-procurement market is a big, hairy, complicated beast (despite the attempts of Coupa and others to present a much simpler buying interface, there’s nothing simple about it). Specifically, as we note in the Spend Matters PRO analysis, E-Procurement Forecast: 2014 Market Growth, Analysis and Predictions, “we define e-procurement as a subset of the broader source-to-pay market.”
E-procurement is the automation of operational / tactical / transactional procurement, and focuses on:
- “Automation of supply search / “guided buying”
- Requisition / PO processing (and communication to supplier)
- Acknowledgement / ASN processing and related inbound execution
- Receiving and integration to inventory, AP, etc.
- Supplier setup and onboarding (shared processes with A/P and supplier management)
- Services procurement (the procurement portion of it)
- Supporting/adjacent procurement processes in catalog management, contract usage, p-card integration, budgeting integration, industry/category functionality, etc.
Join us as we explore e-procurement forecasts and customer buying trends in more detail this Friday. IBX/Capgemini is underwriting access to the event, so practitioners can register for free. Consultants, BPO providers and software companies with Spend Matters Plus/PRO access can also join. Register here.
For further reading/analysis:
- E-Procurement Forecast: 2014 Market Growth, Analysis, and Predictions
- E-Procurement 2014 Forecast: Customer Recommendations and Vendor Shortlists
For further webinar background:
Earlier this month, Spend Matters published a 2014 e-procurement forecast and predictions, including a look at overall buying trends in the market and best practices for "sourcing" e-procurement solutions.
Join us for a practitioner-only (and Plus/PRO subscriber) pop-up webinar with Jason Busch, who will explore some of the highlights from the research. The discussion will include vendor shortlists based on organizational requirements and technical considerations, as well as an overall view on market direction, including the incorporation of supplier networks and e-invoicing offerings into broader e-procurement and purchase-to-pay environments.