Tagged Content: 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.

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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.

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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.

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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.

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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.

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Zycus: Welcome to the End-to-End Procurement Suite Big Leagues (The Good)

Earlier this week, two members of the Spend Matters research team, Pierre Mitchell, chief research officer, and Jason Busch, founder and managing director, spent a couple of days down in Amelia Island, Florida, at Zycus’ annual customer and prospect conference, speaking directly with dozens of Zycus customers and prospective clients. This two-part Spend Matters PRO brief provides a perspective on Zycus’ position in the market today – the good and the bad – and what types of procurement organizations are an ideal fit for what the provider has to offer.

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2015: The Year E-Procurement 2.0 Takes Shape

- November 3, 2014 2:17 AM | Categories: Analysis, eProcurement / Procurement, Vendor Snapshots

Not much has changed in e-procurement in recent years other than the movement toward more tightly coupled P2P (integrated e-procurement and e-invoicing) and the evolution of cloud-based offerings by both challengers (e.g., Coupa) and incumbents (e.g., Ariba). The “bones” of many of the solutions with dominant brands and reputations in the market have changed little in the core e-procurement area, although some like Coupa have done a commendable job expanding the suite outward. This two-part Spend Matters PRO research brief, authored by Founder and Managing Director Jason Busch, outlines some of the providers representing the new face of top-end and specialized e-procurement. We start today with BuyerQuest and Ivalua.

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Choosing Procurement Technology That Grows With You

As a procurement practitioner, when you start looking at the portfolio of solutions you have available today, some patterns will likely emerge. First, you’ll have a range of tools in your arsenal. There will be a few painfully obsolete tools that are creaking along (used only by select specialists still able to maneuver them). There will be specific procurement tools (analytics, sourcing, etc.) not used by many. There there will be several mainstream ERP solutions that are used nearly daily by all, and so on. In one of the most important Spend Matters' PRO research briefs published this fall, Thomas Kase, vice president of research, looks at how we have reached the current state of procurement technology and the impact of this technology on people, processes, habits, culture and time.

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Exploring MBO Partners – Putting the Freelancer First to Capture Contingent Spend Beyond Staffing

- October 28, 2014 6:35 AM | Categories: Analysis, Spend Analysis

In this two-part Spend Matters PRO research brief, Jason Busch, founder and managing director of Spend Matters, explores MBO Partners in detail. We will be offering a look at how the provider has historically worked with the independent consultant and small firm supply community and how it is ramping up its efforts to serve the other half of this freelancer equation – corporations themselves consuming these services themselves. The analysis covers MBO’s scope of services and technology capability, solution roadmap, fee/pricing models and value added services offered to buyers and suppliers – and how MBO fits in the VMS and broader services procurement technology ecosystem.

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2015: A “Banner Year” for Invoice Discounting

- October 22, 2014 2:13 AM | Categories: Analysis, Invoicing

Invoice discounting is about to hit the afterburner with significant program acceleration inside existing accounts as well as new program implementation and adoption in 2015. In the second installment of this two-part Spend Matters PRO research brief, Jason Busch, founder and managing director, Pierre Mitchell, chief research officer and managing director along with David Gustin, managing director of Trade Financing Matters, explore 10 reasons for this growth. Part 1 of this series included reasons 1-5. In Part 2, we cover reasons 6-10.

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SciQuest 14.2 Update Part 2: Total Supplier Management – Sophisticated Supplier Lifecycle Management Solution Renewed

In Part 1, we looked at the new TSM (Total Supplier Manager) 14.2 release by SciQuest. Details included a Base TSM with extendible functionality on a core Java framework shared with the rest of SciQuest’s suite offering, which concludes the migration of AECsoft IP from the older .NET architecture to SciQuest’s core platform. Read on to hear more insights in Part 2.

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10 Reasons Why 2015 Will be the Year Invoice Discounting Growth Hits an Inflection Point (Part 1)

- October 20, 2014 6:28 AM | Categories: Analysis, Invoicing, P2P

There. We’ve put a date on it. 2015 will be the year invoice discounting growth hits a true inflection point with many procurement and A/P organizations finally moving away from poorly managed static payment terms. What type of growth are we talking about? At Spend Matters, we would argue that from a relative dollar standpoint (i.e., discounts captured based on dollars advanced early to suppliers), we will see in excess of 25% growth from programs in 2015 within the Global 2000. There are many elements coming together to create what we view will be a banner year in 2015 for invoice discounting. In this two-part Spend Matters PRO research brief, Founder and Managing Director Jason Busch, Chief Research Officer and Managing Director Pierre Mitchell along with Managing Director of Trade Financing Matters David Gustin explore 10 of them.

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