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...

Empoderando al área de compras: Soluciones de technología de información para la función de compras

En Spend Matters buscamos empoderar a las áreas de compras con contenidos de valor, en esta ocasión realizamos un estudio sobre el uso que las empresas mexicanas le dan a las tecnologías de información para habilitar o fortalecer su función de compras, en especifico las relacionadas con: Compras electrónicas, análisis del gasto, contratación de servicios, catálogos electrónicos, contratos, proveedores, abasto estratégico, gastos de viaje y facturación electrónica; esperamos que este estudio sea de valor para ti y nos des tu retroalimentación.

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 Analytics: How to Plan (and Optimize) Your Process

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Since procurement, the department, is responsible for supply management (or spend management, if you like), the process, the proper scope for “analytics” is to help answer the right set of questions surrounding the optimal management of supply. Therefore, the scope of this business process is massive, and so is the breadth of technology used for supply analytics. But the key thing to remember is the analytics is a business capability - not just about technology. This paper, excerpted from our Spend Matters PRO Procurement Information Architecture series, is here to help guide you through the analytics process.

Metadata Explained: What it Means for Spend Analytics, Supply Risk, Supplier Performance, and More

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In procurement, especially in areas of risk management, the opportunity to develop additional value from metadata analysis is enticing. Sure, it requires a bit of initial programming and possibly some hardware to really massage the data, but after that there’s really no variable cost associated with this. The benefits can be tremendous – done right, this will be the most power risk analysis and opportunity assessment approach supply chain has ever seen. This paper illustrates some practical ideas regarding the benefits.

Ask the Expert: Analytics & Analysis: Theory and Practice

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This Ask the Expert session features Spend Matters Netherlands’ Gert van der Heijden on the nebulous topic of spend analysis. Specifically, he’ll answer questions like: what is the current state of technology in this area? What are companies doing (or want to be doing) right now? How can you close the analysis and analytics gap? What are some examples in predictive analytics? What are the best practices (and the worst mistakes)? And finally.. what will the future hold?

When Sourcing Becomes Supply Chain

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The migration to data-driven analysis as a constant must take place in procurement - and it is happening right now. Sourcing is becoming supply chain. This is an incredible shift that can reshape what strategic procurement can do for organizations of all types, industries, and sizes. By looking at a wide range of criteria and data that encourages options and supplier creativity in the sourcing process, a whole new range of potential supply chain and procurement outcomes emerge. This Spend Matters Perspective introduces readers to three specific case studies where we've seen sourcing become supply chain.

When Sourcing Becomes Supply Chain

Spend Matters - Free Research Download
The migration to data-driven analysis as a constant must take place in procurement - and it is happening right now. Sourcing is becoming supply chain. This is an incredible shift that can reshape what strategic procurement can do for organizations of all types, industries, and sizes. By looking at a wide range of criteria and data that encourages options and supplier creativity in the sourcing process, a whole new range of potential supply chain and procurement outcomes emerge. This Spend Matters Perspective introduces readers to three specific case studies where we've seen sourcing become supply chain.

Changing Roles of Procurement Leaders – The Analytical CPO

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To succeed in today’s quickly changing business environments, procurement leaders must be increasingly analytical and data-driven. Decisions have to be based on evidence and analysis, not just personal judgment. This paper sets the scene by describing why analysis is at the heart of procurement activity and then moves into seven key areas where success is necessary. We conclude with the skills and capabilities that are necessary to hone - will you measure up? Download now to find out.

Where Spend Analysis Meets the Supply Chain

Spend Matters Perspective - Free Research Download
Explore the case study of how FMC Technologies, a large oil & gas firm, was able to shift the paradigm of spend analysis to supplier performance management. Download to read their story and come away with action items you can apply to your own organization.

Market-Informed Sourcing: A game-changer for Procurement

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The latest advanced sourcing technology brings opportunity for organisations – but only if procurement changes the current approach to Category Management, one of our most fundamental processes and methodologies.

The Future of Procurement Analytics and Content

Analytics & Spend Visibility Compass - Free Research Download
This paper presents three experiential scenarios that we hope will provide companies with distinct visions for what advanced procurement analytics can enable using off-the-shelf capabilities today.