Alexa Can Wait – Technology Basics In Procurement Must First Be Secured  

Ed Cross, Executive Director of Cheshire-based procurement advisory firm, Odesma, discusses the role of voice-activated assistants in procurement. While voice-activated assistants such as Alexa are becoming a common feature in many UK homes, for procurement, an industry typically slow to adopt new and emerging technologies, the idea that it may be the ‘next big thing’ is unrealistic at best. Current digital landscape for procurement The digital focus so far has been on the adoption of enterprise systems that include a procurement component. For example, many large businesses have implemented financial management enterprise systems for managing financial processing ultimately in support of statutory and budgetary accounting. An element of these systems often includes a transactional procurement function – however, given the deployment was not driven by procurement, more it’s cross-division functionality was a side effect, procurement’s technology usage remains tactical at best. In procurement, there are three macro processes – purchase transaction, [...]

Q1 2019 SolutionMap E-Procurement, Invoice-to-Pay and Procure-to-Pay Release Notes [SolutionMap]

Q1 2019 Spend Matters SolutionMap procurement software company rankings

This Spend Matters SolutionMap Insider Release Note provides insight into the Q1 2019 SolutionMap release for E-Procurement, Invoice-to-Pay (I2P) and Procure-to-Pay (P2P), reviewing the process that we follow and highlighting what has changed since the last release. The Q1 2019 SolutionMap release sees very few changes from the Q4 2018 release. Mainly, the Procure-to-Pay customer reference set added 14 new individual customer references in Q1. No new providers were added for Q1, but will be added for the Q2 2019 cycle. This SolutionMap Insider research note provides insight into these and additional changes in the Q1 2019 SolutionMap release.