Downloads: Procurement Research

Understanding How E-Invoicing Fits

For some, an invoice is a piece of paper sent by a supplier to a customer with varying amounts of detail about services performed or items purchased or to be purchased, along with other details including mailing and remittance information, the maturity date of the invoice and the conditions, such as penalties, if the maturity date is not met. But in practice, an invoice is much, much more...

Guided Buying: Making P2P Consumerized and Compliant

Rote “drive-by sourcing” events and a resultant contract thrown over the wall into a poorly designed and automated P2P process/system doesn’t make for the best buying experience. Requisitioners who are not able to easily find what they’re looking for (and then get hand-slapped when they bypass preferred vendors) are not exactly going to have a delightful experience with procurement’s designed buying process. Let’s make it easy. Here’s how.

Ask the Expert: The State of Trade Financing Technologies

Spend Matters Premium Content - Ask the Expert Video Replay
Jason Busch and David Gustin talk trade financing news and technology in this Ask the Expert session. They dissect the market, giving a glimpse of the behind-the-scenes action with solution providers, what companies are partnering up and discuss integration efforts with P2P, services procurement and other areas.

Supplier Catalogs for Maintenance: The Internet of [Getting] Things

In the industrial B2B world, and in the MRO (maintenance, repair, and operations) world in particular, relevance and personalization via a complexity-taming intelligent system is exceedingly important. If strategic capital assets are not maintained with the right items and services, whether it's new tooling and lubricant for a planned maintenance job or critical spares for unplanned emergency maintenance, millions of dollars can be lost in minutes and hours. Supplier catalogs matter: a lot.

Cloud P2P Deployment: A How-To Guide to SAP and ERP Integration with eProcurement and Beyond

It is our hope that CPOs, CFOs, and other senior procurement and finance decision makers that must develop a P2P integration strategy (and program) will find this report invaluable in their efforts. IT and other resources are likely to find useful tidbits as well. At its core, this report doesn’t just look at success criteria for ERP integration. It provides general strategy options for P2P cloud integration as well. The best news? All of this can be way easier than you think. Download to find out how!

10 Reasons Why 2015 Will Be A Banner Year For Invoice Discounting

Spend Matters - Free Research Download
Let’s talk about receivables financing that isn’t buyer-led, aka, a low 10-digit opportunity of a pie to be split by buyers and suppliers. A billion here, a billion there, and pretty soon you’re talking about some real money. And where there’s money to be made, you will see money coming in (e.g., from private equity players) to get a sweet slice of that pie. This paper gives 10 reasons around the how and why, so download today.

50 Shades of Pay: Working Capital Optimization Using Spend Analysis and Payment Clocks

Spend Matters - Free Research Download
If you haven't been reading Pierre Mitchell's "50 Shades of Pay" content, then you've been missing out. Over the next few months, we'll be pulling bits and pieces of especially important content from the series from behind the paywall and making them available for general download. This paper focuses on setting your "payment clock" - that's right - the 'perfect order' goes well beyond fulfilling the right quantities, on time, with the right invoice information. Read on for more!

Spend Analytics, Payment Analytics: The Gateway to Gold in Them Thar Hills

Traditional approaches to spend analytics go deep by focusing on cost and price. Yet by going so deep – especially with more advanced queries – procurement might be missing out on a potentially bigger, easier and more consistent prize that is easier to obtain and keeps “paying back” versus simply driving one-time savings opportunities. Might there be potentially better (or at least supplementary) information sets to start with that focus more on the AP and treasury side of the P2P house rather than procurement alone? Read this paper to find out!

Procurement is from Mars and Finance is from Jupiter: How to Align Planets

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There is no Venus here (that's a paper for another day on working with Marketing). Mars might be the god of war and mighty in his own right – ready to battle any time with a combative supplier or recalcitrant internal stakeholder. But Jupiter is the king of gods: large, distant, cold, foreboding. These gods might seem similar, and in the business world, Procurement and Finance should in theory be highly aligned and focused on cost management, risk mitigation, quantitative analysis, and other areas. But how do you make it work, sans self-help book from the early 1990's? That's where we step in.

Decoupling Creative and Production Procurement – Handle with Care!

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This short paper addresses an important issue for buyers of marketing services and of course budget holders in the marketing area. We look at the idea of ‘de-coupling’ spend – the separation of different elements within the marketing process in terms of commercial management, so (for instance), looking to split the procurement of creative and production activities. What are the key factors to consider when deciding how to structure marketing services supply chains? Read about the opportunities – and risks – here.

How to Justify Spend Analysis to Finance / IT When There’s No Clear ROI

Spend Matters PRO Only - Premium Research Download
Analytics are all the rage. And spend analysis is Procurement 101. So, getting some reasonable investment shouldn't be a problem, right? Wrong. The problem with analytics is that the identified value is all “option value.” You don't know how much value opportunity you will uncover with the analytics until you actually perform them (and implement the identified opportunities)! This article, which previously appeared on Spend Matters PRO, gives you ten ways to overcome this Catch-22 problem.