This report is a summary of a webcast by the same name delivered in June, 2015. Alongside Seal Software, we explored how a contract, which is supposed to commercially protect a firm, might have the quite unintended consequences that do just the opposite. This is especially pertinent today, as companies are trying to build better visibility into their supply chains, partners, spending, and underlying contracts. The webcast replay can be viewed here. This quick-hit report summarizes what we found when we dug into some of Apple’s publicly available contract templates. We’ll also comment on results from the real-time polls we conducted during the event, which provides a pulse on where companies actually find themselves in this space (vs. where we think they should be!)
Spend analysis is changing - and it's changing fast. In this paper, Peter Smith interviews Stefan Foryszewski from Tungsten Analytics, discussing some of the bleeding-edge approaches companies are taking in this area.
E-Signatures and Digital Signatures – Understanding the Difference And Learning What They Really Mean For You
This Spend Matters Research download provides a foundation for procurement and supply chain practitioners to understand the benefits that digital signatures can bring to contracting and contract management as well as interactions with internal stakeholders, suppliers and partners. Download this paper to find out more!
This Q & A style paper looks at why the time is right for mid-sized firms to consider investing in purchase to pay technology, and answers the questions typically asked by CFOs and CPOs.
The future for e-sourcing is bigger and brighter. But as it evolves, it's becoming something different, stretching far beyond what others originally conceived it to be. This future may even seem foreign to those brought up to think about the tools as just a way to model a traditional seven-step process. Yet we can promise you this: emerging e-sourcing scenarios and capabilities will create far greater value for the business and help procurement’s stature rise more than simply pushing through as many events and auctions as possible.
Organizations as well as individuals should absolutely think about what they do all day, and then compare it to the allocation of what they should be doing all day. Being disciplined about what holds value for you (and your stakeholder) and then measuring and managing (including building capabilities to achieve those measures) to that is a foundational competency that is often overlooked!
Is consensus decision making the right approach for CPOs and other executives in leadership positions? Maybe not, according to some recent academic research.
By framing categories holistically and flexibly you can find new ways to model and manage supply markets to extract more value out of the supply chain. Supply markets are constantly changing and innovating, and so must your approach in managing supply. Off-the-shelf market intelligence reports and category strategies developed years ago will not likely give you a big boost. As such, you must look at category management as a living, breathing thing. It is both an art and a science. This ebook can only give you a broader palette of colors and some methods and tools to consider.
There is no one-size-fits-all P2P implementation strategy, but the tactical advice we provide in this download is crucial to consider for success. You may have to bend the points to fit your organization’s needs, but if you follow these best practices, you will avoid a lot of the nightmare scenarios we've heard about from our readers.
Tactical spend analysis and strategic supply management are two very different beasts. If you believe you need to provide supply market intelligence to your business, if you think such intelligence requires more than outsourced or pre-packaged solutions or that you’ll need your own analytics capability, then download now!
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...