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Why now is the time to transform procurement - [Sponsored Article]
September 15, 2020 | Ian Thompson, UK General Manager, Ivalua
The need to increase supply chain sustainability, boost profitability and mitigate supplier risk in the wake of COVID-19 has turned procurement from a cost-cutting department to a strategic arm of the business. Recent research found most procurement professionals believe colleagues consider them to be a key business partner, contributing significant strategic value (67%). Ian Thompson…
Bad Buying, Believing the Supplier — and the Beauty of SolutionMap
September 7, 2020 | Guest Contributor
In this guest post, our former colleague Peter Smith gives us a sneak peak into his new book of insightful and funny tales of procurement blunders and failures, all from an industry insider point of view. He explains that his movtivation behind the book was a desire to communicate the importance of procurement to a…
How can Procurement best align with Finance right now? A CFO perspective
September 2, 2020 | Nancy Clinton
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…
How to improve your international procure-to-pay process - [Sponsored Article]
September 1, 2020 | Steve Thompson, Transfermate
Mismatched invoices. Lost payments. Hours of reconciliation. For companies operating in international markets it can be difficult to manage spending abroad and integrate that efficiently with accounts payable processes. Often the invoices are not aligned with payments, and too many times the payment received is not the full amount due to international fees and FX…
Aligning your digital P2P strategy to your ‘post COVID-19’ business environment (Introduction) - [PRO Content]
July 14, 2020 | Xavier Olivera
Companies’ plans and the markets' demands for procure-to-pay process digitization have accelerated and evolved over the last five years, but that change is nothing compared to the COVID-19 disruption seen in the first half of 2020. The coronavirus crisis made all organizations react and rethink the pace of their digital transformation strategies, which now often…
Xeeva: Vendor Analysis (Part 3) — In-Depth Solution Overview - [PRO Content]
June 25, 2020 | Magnus Bergfors and Michael Lamoureux
In this third and final part of our Spend Matters PRO Vendor Analysis of Xeeva, we provide a complete overview of each main module of the Xeeva offering, which covers most areas of an S2P suite. Part 1 of the series focused on solution strengths and weaknesses, and Part 2 focused on Xeeva’s competitors and…
The $1 trillion world of the B2B payments market, and what it means for procurement
June 25, 2020 | Nancy Clinton
If you are one of the many procurement people who find the world of B2B payments a bit of a mystery, worry not, for our payments specialists at Spend Matters are holding webinar discussions to clarify just how this space relates to procurement and to answer all your questions. One session will be held for…
Xeeva: Vendor Analysis (Part 1) — Company Background, Solution Strengths/Weaknesses - [PRO Content]
June 23, 2020 | Magnus Bergfors and Michael Lamoureux
The source-to-pay space is starting to get crowded. While it was only a dream a scant decade ago, with a couple of providers offering minimal S2C or P2P suites, in the last five years we've gone from just a few players to more than 10 that now compete with more or less complete S2P suites.…
BuyerQuest: Vendor Analysis 2020 Update (Part 2) — Strengths and Weaknesses - [PRO Content]
May 5, 2020 | Xavier Olivera
This Spend Matters PRO Vendor Analysis 2020 Update (Part 2) explores BuyerQuest’s strengths and weaknesses in its P2P capabilities, providing facts and expert analysis to help organizations decide if they should shortlist the vendor as a potential provider. Part 1 of our analysis provided company background information and a detailed solution overview, as well as a…
BuyerQuest: Vendor Analysis 2020 Update (Part 1) — Company & Solution Overview and Tech Selection Tips - [PRO Content]
May 4, 2020 | Xavier Olivera
This three-part Spend Matters PRO Vendor Analysis is an update of our 2017 series on BuyerQuest, an e-procurement provider known for its user interface then and since has been building out its full P2P capabilities with a focus on e-invoicing and payments. Many e-procurement providers can stand to improve their UI, a topic that we…
5 questions on finding your ‘best fit’ digital procurement technology, featuring analyst Magnus Bergfors - [Sponsored Article]
April 20, 2020 | Basware Inc.
Spend Matters note: Because of the coronavirus outbreak, Basware’s conference in Europe was canceled and Spend Matters’ Magnus Bergfors was not able to speak there. So this interview is being shared here. Basware sat down with Magnus Bergfors, VP of European Research and Lead Analyst at Spend Matters, to hear his take on the selection,…
Spring 2020 Procure-to-Pay (P2P): Provider Scoring Summary
March 24, 2020 | Spend Matters Team
The Spend Matters SolutionMap Procure-to-Pay (P2P): Provider Scoring Summary is only available to SolutionMap Members. This SolutionMap analyzes a select group of procure-to-pay solution providers. It is part of our Spring 2020 SolutionMap report series, also featuring spend analytics, sourcing, supplier management, contract management, e-procurement and invoice-to-pay providers.

Has Your Company Considered Outsourcing Your HR Business Processes? : Kathyrine Peterson said : Our company does not depend on outsourcing we have our HR staff. but I think there is still a lack o...

“Ariba Doesn’t Have Customers, It Has Prisoners” : Steve Saxon said : Freemarket is a similar firm that buys goods online with supplier agreements locked up. No problem a...

Afternoon Coffee: Amid COVID-19, the services PMI grows slower in August; Unemployment claims fall this week; Autonomous trucking gains ground : Kevin Melton said : I wonder whats the cost of autonomous fleets and people being replaced. It dosnt seem like it would ...

Re-evaluating the cash conversion cycle in the COVID-19 era : Dino Solari said : NOTHING WILL BE LIKE BEFORE Impact of the virus corona (COVID-19) on the DSO A simple question. If...

Re-evaluating the cash conversion cycle in the COVID-19 era : Dino Solari said : se il fatturato nel post covid è crollato e i pagamenti hanno subito rallentamenti come si fa a calc...