Author Archives: Nancy Clinton



Public Spend Forum: GovShop in response to Covid-19; Engaging with Government from a distance

news

Public Spend Forum (PSF) is a public sector procurement global community and market intelligence platform dedicated to improving public buying everywhere. GovShop is its free-to-use global government market research tool for finding and connecting with suppliers. Here's the latest from PSF: GovShop in response to Covid-19 and Engaging with Government from a distance, plus public sector news stories.

ABX – Amazon Business implementation and insight from Oxfordshire County Council

Earlier this month Amazon Business held its annual flagship event Amazon Business Exchange online to bring together the procurement, finance and supply chain community to connect, collaborate and share knowledge and best practice. Spend Matters spoke with one of the presenters - Paul Ashby of Oxfordshire County Council - about his experience of the event and to garner his insight on implementing an Amazon Business account for ad-hoc spend.
He gave some insightful and informative answers based on his first-hand experience of implementing the system, which will be valuable advice for other organizations thinking of doing the same, maybe as part of a wider digital transformation process. But we also had some other questions up our sleeve which we think readers will be interested in:

New Agiloft CEO talks about scaling up its CLM platform that ‘can live and grow’ as a business transforms

Following the announcement that specialist contract lifecycle management (CLM) provider Agiloft, had secured a $45 million growth equity investment from FTV Capital, Spend Matters spoke with its new CEO, Eric Laughlin, about his vision for the firm in the coming 12 months.

He also foresees a future for contracting that reaches into the realms of wider business-process improvement for every node in an organization that contracting touches.

“Contracts are no longer considered documents,” Laughlin said in a Q&A. “They are data, and that data is the construction manual for the entire business.”

Public Spend Forum – Public Procurement news from this week

public procurement

Public Spend Forum talked to Kraus Hamdani Aerospace CEO & Co-founder Fatema Hamdani about the company, the problems it is solving, and how it is doing that. Under her leadership, the firm is reinventing Smart-Persistent, ultra-long-endurance drones using artificial intelligence, machine learning technology, and biomimicry. The firm develops autonomous persistent fixed-wing Unmanned Aerial Systems and has taken a massive leap forward with a record-setting 12-hour flight at the U.S. Army Yuma Proving Ground.

Public Spend Forum – Public Procurement news from this week

procurement news

Public Spend Forum (PSF) is a public sector procurement global community and market intelligence platform dedicated to improving public buying everywhere. GovShop is its free-to-use government market research tool for finding and connecting with suppliers. Here's the latest from PSF.

Webinar - eProcurement: The Backbone of Digital Government — Spend Matters’ Jason Busch, Jarrod McAdoo of Ivalua, and Hal Good, Procurement Advisor and Futurist will be joining Public Spend Forum on Tue, Oct 13, 2:00 ‒ 3:00 pm EDT to talk about the critical role eProcurement plays in enabling a digital government.

Amazon Business Exchange: ‘Digital-First’ – Interact with Amazon Business and its customers in a free-to-attend event

Next month, October 6-7, sees the return of Amazon Business Exchange (ABX) — a free-to-attend event for procurement, finance and supply chain leaders. This on-line event will bring together a community of B2B buyers from procurement and the supply chain, and representatives from industry, to connect and collaborate and to share the experiences and learnings that heads of procurement and finance from some of largest organizations across Europe are experiencing right now. Two morning sessions will address the business buying challenges that leaders are facing and will have to face up to in the coming months.

How can Procurement best align with Finance right now? A CFO perspective

finance

Right now, as the COVID-19 pandemic takes its toll on jobs, consumer spending and the global economy, many businesses are scrambling to adjust to a new financial reality. They are also coming to terms with the fact that the path to recovery remains long, and mostly uncertain. Experts, including Deloitte, predict the U.S. economy won’t bounce back until the middle of 2021. And the Bank of England is anticipating slower recovery, as late as the end of that year, for the UK.

Within organizations, the CFO’s voice is one of the most critical during a crisis, but contributing directly to the firm’s financial resilience is the CPO, who has a strategic role in leading the business through the tough times ahead.

We spoke recently with one CFO who has many years of experience across corporate finance and public accounting and is now CFO of spend management firm Jaggaer. We asked Jeff Laborde how he sees Procurement and Finance best working together to drive benefits across the business, given their natural overlap in priorities and responsibilities.