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Ignite Procurement: Vendor Analysis (Part 1) — Solution Overview, Strengths/Weaknesses, Tech Selection Tips - [PRO Content]
November 18, 2020 | Michael Lamoureux
Ignite Procurement is an analytics start-up that we’ll examine in a two-part Spend Matters PRO Vendor Analysis, and it’s part of our deep dives on various analytics vendors this year. Analytics is becoming more necessary for procurement organizations to get a handle on their spend. More and more organizations are realizing this, but few organizations…
Procurement Data Integration: A crucial step in digital transformation
October 26, 2020 | Guest Contributor
Spend Matters welcomes this guest post from Sergii Dovgalenko, CPO at JSC Ukrainian Railway. During these times of Industry 4.0, many companies have substantially progressed on the path toward digital transformation. Fellow procurement colleagues operate their new shiny source-to-contract suites, P2P and SRM tools. However, one critical aspect of digitalization sometimes remains forgotten or insufficiently…
SIG Summit opens with talk of CPOs, shareholder value, spend analytics
October 14, 2020 | Sally Ehrmann and Morgan Zombolas
The Sourcing Industry Group (SIG) kicked off its 59th Global Executive Summit on Tuesday with conversations covering procurement, finance, sourcing, cost savings, artificial intelligence, category management, workforce, data analytics and more. The Summit continues on Wednesday and Thursday.
SolutionMap Fall 2020 launches, now ranking 77 procurement technology vendors
October 1, 2020 | Spend Matters Team
Grab a comfy sweater and a hot pumpkin spice latte (don’t judge): It’s time for the latest SolutionMap release. With today’s launch of the free SolutionMap Fall 2020 release, Spend Matters’ analysts have assessed 77 procurement technology vendors, adding 12 providers since our Spring 2020 update. SolutionMap, which began in 2017, has become the definitive…
Release note, SolutionMap Fall 2020: Sourcing, Spend and Procurement Analytics, Supplier Relationship Management & Risk, Contract Lifecycle Management and Strategic Procurement Technology (SPT) Suites
October 1, 2020 | Spend Matters Analyst Team
This Spend Matters SolutionMap Insider release note provides insight into the SolutionMap Fall 2020 release for the following five categories: Sourcing, Spend and Procurement Analytics, Supplier Relationship Management & Risk, Contract Lifecycle Management, and Strategic Procurement Technologies Suite. The note reviews the process we follow and highlights what has changed since the last release. This…
Beyond Spend Influence: Enabling Procurement’s Emerging Roles in Business Transformation (Part 3) — Digitally Enabled Engagement, Outcomes, Demand and Spend - [PRO Content]
September 22, 2020 | Pierre Mitchell
In the first installment of this Spend Matters PRO series, we kicked off our analysis of how progressive organizations are influencing spend and stakeholders at a deeper level beyond traditional sourcing influence. In Part 2, we discussed how progressive procurement organizations were improving their influence through coherent communication and alignment of procurement “services” to various…
Beyond Spend Influence: Enabling Procurement’s Emerging Roles in Business Transformation (Part 2) — Empathy, Alignment, Mission, Brand and Procurement Service Delivery - [PRO Content]
September 3, 2020 | Pierre Mitchell
In the first installment of this Spend Matters PRO series, we kicked off our analysis of how progressive organizations are influencing spend and stakeholders at a deeper level beyond traditional sourcing influence. In this next edition, we’ll dive into some strategies for deeper and more meaningful engagement with stakeholders, and some examples from some progressive…
Spendata: Rewriting Spend Analysis from the Ground Up - [PRO Content]
July 16, 2020 | Michael Lamoureux
Two years ago, we introduced you to Spendata (in our PRO Vendor Analysis Part 1 and Part 2 series) as one of the newest entrants to the spend analysis space, founded by some of the oldest veterans in the market. They've been designing and building analytics solutions for over two decades, and have already defined…
aPriori: Product Cost Management tool spotlight (Part 2) — Use Cases, Depth of Solution, ROI, Summary Analysis - [PRO Content]
June 9, 2020 | Eric Hiller
Part 2 of this Spend Matters PRO series will look at an array of use cases for aPriori’s capabilities in product cost management. It also will include profiles of who should use the solution, the depth and breadth of the solution, how quickly aPriori can return value, and a summary analysis. For full disclosure, I…
Rosslyn Data Technologies: Vendor Analysis (Part 2) — Strengths and Weaknesses - [PRO Content]
April 8, 2020 | Michael Lamoureux
In Part 1 of the Spend Matters PRO Vendor Snapshot series, we detailed the history and solution capabilities of Rosslyn Data Technologies, one of the more distinctive spend analytics vendors in the procurement space. A granddaddy of the sector, it was one of the first self-serve vendors, first cloud vendors and first public providers in…
Rosslyn Data Technologies: Vendor Analysis (Part 1) — Background, Solution Overview, Selection Checklist - [PRO Content]
April 7, 2020 | Michael Lamoureux
In this three-part Spend Matters PRO Vendor Snapshot, you'll see that Rosslyn Data Technologies is a granddaddy in the best-of-breed spend analytics space. With all of the acquisitions, re-brandings, mergers, re-platformings and a recent name change from Rosslyn Analytics, there are few standalone best-of-breed providers left in the space that have been around for over…
AppZen: Vendor Analysis — Strengths/Weaknesses, Company SWOT, Competitors, Selection Checklist - [PRO Content]
March 18, 2020 | Nick Heinzmann
The term “audit” usually implies a reactive activity. When something goes wrong, a business conducts an audit to find out what happened, then corrects its procedures to prevent the error from recurring. This approach is, of course, not ideal. Rather than spend time and energy retroactively correcting a problem, taking a proactive, preventative approach to…

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Why Every Company Should Integrate Contract Management with ERP, CRM, and CPQ : Achieve Higher CLM Maturity with Automation, Data Strategy & Integration said : […] Now, let’s look at some of the highlighting benefits of integrating your CLM solution with...

Disrupting the Source-to-Contract Cycle: Putting Contract Management at the Start of Sourcing : Niuma said : Excellent examination, I found your article very interesting....

A Simplified Approach to Indirect Spend Management : Dave said : The challenge is that in many cases, indirect spend can be lower than the equivalent direct spend. F...

Inoculating supply chains against disruptive events with a resiliency strategy : Bhagyashree Indane Indane said : An exceptional article by once Bristlecone CEO on mentioning the strategy to prevent supply chains f...

Key Considerations for MRO Outsourcing : SENTHIL KUMAR T said : IN WHICH WAY TO GET OUTSOURCED PROJECT OF MRO DATA CLEANSING AND ENRICHMENT, I HAVE BEEN TRYING ...