Downloads: Procurement Research

The Evolution of Corporate Procurement Systems

Today’s corporate procurement systems operate similarly to the way people shop at a supermarket. Users make all purchase decisions individually, decide which aisles to go down, compare products, place the items they want in their shopping cart and pay for them at checkout. At the end, the user will have had a good or a bad experience and will decide whether to frequent that supermarket again. Corporate purchasing has similarly become a self-service activity. And just as in supermarkets, providing a successful shopping experience is key for getting people to use a purchasing system consistently. While this evolution in corporate procurement would not have been possible without the foundation laid by ERP systems, these technologies have not evolved to accommodate this new style of purchasing. This is why e-procurement solutions exist. These solutions are capable of tackling new procurement challenges and providing successful purchasing experience in complex scenarios for organizations with multiple ERP systems; dozens of offices; hundreds or thousands of employees; transactions in multiple currencies and languages, mobile, and automation requirements; and, critically, the need to analyze, control and optimize all organizational spend. Download this white paper and explore what is required from e-procurement solutions to succeed in the era of evolved corporate procurement and our predictions for what the e-procurement solution of 2020 will require.

The Supply Chain Devil’s Dozen: Top 12 Supplier Risks For 2017

Spend Matters Video Content - Webinar Replay
Presenting 12 ideas that specifically focus on supply chain and supplier risks. It's all stuff you should pay attention to. Do your 2017 risk focus areas align to both Spend Matters analysis and what we hear from your peers? You may be able to gain a leg up on the competition (or pending global turmoil)!

Best Practices in Benchmarking High-Performing Procurement Teams

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The best procurement organizations in the world are intently focused on creating value in their extended supply chains, and they are very good at measuring this value. Benchmarking complements this effort, helping procurement groups identify new sources of value, pinpoint new capabilities and make a case for change.

But benchmarking itself is part of a broader competency in performance management that keeps procurement aligned with stakeholders and their dynamic needs. So before delving into particular benchmarks, you need to learn to benchmark better to get any value out of them. You need to not just buy better but also measure better so that you’re focused on doing the right things before focusing on just doing them the right way relative to others.

Suffice to say, benchmarking/performance management is not a simple exercise. Learn how to link procurement performance to value chain performance and enterprise performance — and then pull in relevant benchmarks. Download this paper today!

The Accounts Payable Bicycle: Five Reasons Why Riding is Better Than Walking!

There's no question that bicycles represent a giant evolutionary leap from human locomotion. But they also provide a great metaphor for the opportunity that accounts payable (AP) organizations have to move away from manual processes to automated ones – with even greater efficiency and speed returns than a two-wheeler can provide. In this white paper, we provide a number of benefits that AP organizations can realize from automation and digitization. These examples can help not only make the case for high-value technology investments to drive AP efficiency improvements, but also to build AP finance and procurement value in the eyes of constituents and stakeholders. Download this paper to take off the training wheels – it's better to learn to ride properly from the start – and explore five benefits of putting AP on two wheels.

Design Thinking in Procurement: Re-imagined Supply Services in a Digital Value Chain

In the 1980s, General Motors learned a difficult lesson about technology when it copied Japanese auto manufacturers in their use of robotics — but didn’t copy anything else. Thinking that large capital investments in technology were the key element to the success of Japanese automotive supply chains, GM spent billions purchasing hundreds of industrial robots. Management claimed the increased automation would significantly boost productivity. Instead, the robots broke down and started painting themselves, breaking windshields and even welding doors shut at a Cadillac plant. Yet beyond the production delays and the expensive repairs required to straighten out the wayward robots, GM missed an essential point. The Japanese automakers saw robots as just one element of a larger supply chain design. GM’s competitors were successful not because of a technological silver bullet but because they had designed an operating plan that translated customer-focused product design into a simplified, flexible, self-improving supply chain. The lesson? There are no quick fixes or cure-alls. You need a comprehensive approach. Download this paper to learn how!

What Differentiates a “Best in Class” P2P Solution From the Rest?

As companies look for new ways to remain competitive in their markets and industries, procurement is playing an important role–with a focus on the new breed of procure-to-pay solutions to give them a needed edge. This paper provides insight for organizations that want to transform their current P2P capabilities by improving operations visibility, stakeholder collaboration and overall procurement value within the company. However, before making any important decision regarding P2P, we encourage organizations to take an honest look at where they stand in terms of IT maturity, as well as assess how to take their technology to the next level without increasing total cost of ownership (TCO).
Download this paper to find out more.

Procurement Business Drivers and Considerations For Digital and E-Signatures

Digital and electronic signatures can play a significant role in accelerating procurement and supplier management processes, reducing cycle times and eliminating latency across a range of activities. They can also help create value in other areas, from organizational and vendor compliance to saving money.
This Spend Matters PRO series exploring e-signatures and digital signatures provides a foundation for procurement organizations to understand, evaluate and implement these solutions to enable a variety of use cases, including contract implementation and contract lifecycle management. In this research brief, we explore the business drivers for digital and electronic signature usage as well as selection considerations when evaluating potential solution providers.
Download this paper to find out more.

Procurement Technology and Services

Spend Matters Video Content - Webinar Replay
While there isn't a mobile app just yet for matching your organization with the most attractive and appropriate technology fit, we think we have a solution. Jason Busch, founder and head of strategy at Spend Matters, joined Beeline to discuss the good (and bad) of the ever-growing procurement technology and services spectrum.