Tagged Content: Plus or PRO

Tying up T&E Loose Ends: T&E Meets Risk Management (Part 3)

- November 28, 2014 2:31 AM | Categories: Risk Performance and Compliance, Travel

In previous installments of this PRO series, Spend Matters VP of Research Thomas Kase discussed the amount of risk companies face when deploying workers around the globe and what precautions the company and its workers must take. In Part 1, he specifically talked about duty of care provisions, and in Part 2, he continued his analysis of corporate travel risks. Today, he completes the series, offering a number of recommendations companies should take regarding T&E management.

more ▸
 

Identifying And Responding to Risks Faced By A Global Workforce: T&E Meets Risk Management (Part 2)

- November 26, 2014 6:37 AM | Categories: Risk Performance and Compliance, Travel

What do companies need to be aware of when managing corporate travel and a global workforce? Spend Matters VP of Research Thomas Kase, who has experience working abroad and is our main source for T&E management, started this PRO series discussing the amount of risk a company faces when deploying workers around the globe, how much money a company should allocated to risk mitigation and what is required under duty of care provisions. You can check it out here. Here, in Part 2, Thomas continues this analysis of travel risks and corporate obligations.

more ▸
 

Understanding “Duty of Care” When Managing Corporate Travel: T&E Meets Risk Management (Part 1)

- November 25, 2014 6:28 AM | Categories: Risk Performance and Compliance, Travel

Vendors hawking T&E software that spans travel booking and expense management claim that it is not just about policy compliance, but that it is also about the risk management benefits of actually seeing where employees (or contractors) are and, in the event of an emergency, being able to provide support as quickly as possible. In this multi-part Spend Matters PRO research brief, Spend Matters VP of Research Thomas Kase provides a primer on managing travel and the global corporate workforce, including the requirements and limits of duty of care provisions – and what procurement needs to know and how far it should consider going both as good business practice and under the law.

more ▸
 

Choosing Procurement Technology – Where Maturity Meets Solutions

Selecting procurement technology that grows with an organization as it matures is no easy feat. This Spend Matters brief, Part 2 in a series on the topic, explores how to think about evaluating and selecting procurement technology that “grows with you” based on the typical technology needs and buying criteria for procurement organizations at different stages of maturity.

more ▸
 

Best of Spend Matters Network – Week of Nov. 17

- November 21, 2014 10:13 AM | Categories: Best Of

Welcome back to another edition of our "best of" roundup - where we share the most popular and noteworthy articles published around the Spend Matters Network this week. Enjoy!

more ▸
 

CPOs at ProcureCon Talk About Supplier Innovation – and How to Capture It

- November 20, 2014 2:20 AM | Categories: Supplier Management, Supplier Performance

Innovation has become one of the very hottest of hot topics in procurement circles over the last couple of years. At the recent ProcureCon conference in Berlin, it was covered over several sessions, with a number of CPOs giving us the benefit of their views and experience around supplier innovation and how to capture it. Based on this wealth of input, what conclusions or thoughts can we draw from the 2 days of thinking and talking around the topic? Here are some key take-aways that CPOs and others might want to consider.

more ▸
 

Ask the Expert: Procurement Performance Management (PPM) – The Ultimate Alignment Tool – Not a Dashboard!

In this session, come hear from one of world's pre-eminent experts in PPM, our own Chief Research Officer Pierre Mitchell, to learn how the best procurement organizations use this capability not to track their lagging metrics of the past, but to look to the future, to stay aligned with stakeholders, to create an effective procurement operating model, and to elevate the supply management value proposition and transform functions beyond world class performance. Caveat: this week’s webinar will take a full 60 minutes. Double espresso recommended. Plus and PRO members, click on through to register.

more ▸
 

Focusing on Efficiency with the AT Kearney 2014 ROSMA Benchmark Report

- November 19, 2014 6:29 AM | Categories: Analysis, Learning / Research, Procurement, Spend Management

Earlier this week, we began our series analyzing the new AT Kearney 2014 ROSMA Benchmark Report, “Building the Brand of Procurement and Supply.” I first talked about the context and how the report analyzes ROSMA’s scores. Then, in a Plus post, I dove deeper into our analysis of the report, and I shared some of its highlights. Today, I’ll talk efficiency – what firms are the most efficient and why.

more ▸
 

Results and Additional Analysis of AT Kearney 2014 ROSMA Benchmark Report

- November 18, 2014 6:45 AM | Categories: Analysis, Learning / Research, Procurement, Spend Management

In the previous installment of this series, I outlined the background and approach for the 2014 AT Kearney Return on Supply Management Assets (ROSMA) benchmark report that can be found here. In this installment, I’ll not only highlight some interesting learnings, but also even enhance the analysis a bit based on the data in the report. The report highlights the basics of the ROSMA model, but I wanted to show a complete model that illustrates the mechanics of it a little more deeply.

more ▸
 

Investing in P2P, Trade Financing and Procurement Tech: Where the Smart Money Is

- November 17, 2014 6:24 AM | Categories: P2P, Trade Financing

file5381245784488 This year, I’ve spent what feels like about half my time working “around” the money side of this sector with a range of individuals, private firms and providers evaluating, making or exiting investments or engaged in M&A activity. To say there is significant transaction activity would be an understatement – especially comparing the number of deals that actually “get done” to those that are investigated on a cursory level or ultimately go down a busy path and never end up getting consummated.

more ▸
 

Best of Spend Matters Network – Week of Nov. 10

- November 14, 2014 10:05 AM | Categories: Best Of

Check out all the best articles published this week on the Spend Matters Network!

more ▸
 

Where Zycus Can Improve in the End-to-End Procurement Suite Big Leagues

- November 14, 2014 2:31 AM | Categories: P2P, Vendor Snapshots

Earlier this week, we published the first in a two-part series offering perspective and recommendations on what Zycus, a procurement suite vendor, is doing right. But no provider is perfect. And Zycus, which has increasingly larger ambitions to become a leading source-to-pay (S2P) provider (versus “just” spend classification, analytics, sourcing, contract management, supplier management and related areas), has some significant work to do in the purchase-to-pay (P2P) arena if it is to go head-to-head against an increasingly busy, noisy and confusing field of incumbents and upstarts. In this Spend Matters PRO research brief, Managing Director Jason Busch and Chief Research Officer Pierre Mitchell provide a candid take on areas of improvement for Zycus. They will also offer their perspective, as an addendum to this series on Spend Matters Plus, on what types of customers are an ideal fit for Zycus today.

more ▸