Viewing Spend Management tagged with 'PRO'

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Creactives: Vendor Analysis (Part 1) — Solution overview, strengths/weaknesses, tech selection tips - [PRO Content]
April 6, 2021 | Michael Lamoureux
In this two-part Spend Matters PRO series, we will overview Creactives' unique technologies and capabilities that make it a vendor that every global multinational sourcing direct materials should be considering as part of their overall source-to-pay and/or supply chain technology arsenal. While there are a large number of traditional solutions for material master data management…
Airbase: Vendor Analysis — Solution overview for spend management, roadmap, customer feedback, Airbase competitors, analyst insights - [PRO Content]
March 15, 2021 | Nick Heinzmann
There’s no company that doesn’t benefit from exerting better control over external spending. Yet if you looked at the procurement technology market, one might be forgiven for assuming that small and medium-size enterprises (SME) don’t suffer from this issue enough to merit their own class of spend management solutions. Airbase, a San Francisco-based vendor that…
Beyond Spend Influence: Enabling Procurement’s Emerging Roles in Business Transformation (Part 8) — Beyond Continuous Improvement - [PRO Content]
December 2, 2020 | Pierre Mitchell
This is the last of our multi-part Spend Matters PRO series on transformation, focusing not just on digital procurement transformation, but also a broader supply-aware transformation of the value chain and the business (i.e., spend management and supply management improve business management). In the previous installment, we covered: How procurement can use an empathetic, but…
LLamasoft and Coupa: Exploring Procurement, Finance and Supply Chain Use Cases for Today and Tomorrow - [PRO Content]
November 4, 2020 | Spend Matters Analyst Team
In our Spend Matters PRO coverage of Coupa’s acquisition of LLamasoft, we have defined and explored the linkages between direct procurement and supply chain functions and provided a functional overview of LLamasoft’s offerings and their connections to procurement. In this analyst article, we turn our attention to use cases for the solutions today, as well…
Coupa acquires LLamasoft: Defining and Exploring the Overlap Between Direct Procurement and Supply Chain - [PRO Content]
November 2, 2020 | Spend Matters Analyst Team
To understand the points of intersection between Coupa and LLamasoft, we must first understand the intersection between procurement and supply chain. These two functions are distinct within most companies. Procurement activities are historically centered on managing commodity and category spend, negotiating with suppliers, putting contracts in place, managing onboarding and compliance, and tactical/transactional buying. According…
Coupa acquisition: A functional overview of LLamasoft’s supply chain design offering and its intersections with procurement solutions - [PRO Content]
November 2, 2020 | Spend Matters Analyst Team
Just what do the functional intersections of direct materials procurement and supply chain solutions look like? In the case of Coupa and LLamasoft, there are a number of fascinating use cases that can bring procurement and supply chain teams together — and that in fact LLamasoft has been addressing in a more limited fashion independent…
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…
Beyond Spend Influence: Enabling Procurement’s Emerging Roles in Business Transformation - [PRO Content]
August 31, 2020 | Pierre Mitchell
Anyone familiar with YouTube “influencers” knows that they’re not trying to engage you for your benefit, but for their own. They intend to monetize that influence for themselves and their corporate backers. Speaking of the corporate realm, the ability to influence others isn’t exactly a new concept. In fact, you can go back 85 years…
Corcentric Payments — Introduction and Solution Overview - [PRO Content]
July 29, 2020 | David Gustin
Being in the source-to-pay (S2P) space with a competitive “last mile” payment offering these days is increasingly being viewed as a must-have. There appears to be little doubt that B2B payments functionality is playing catchup when it comes to automation, compared to other key areas in the enterprise. Most businesses, regardless of size, will look…
Procurement KPIs Series (Part 4) — Deep Diving into ‘Spend Under Management’ - [PRO Content]
July 27, 2020 | Pierre Mitchell
One of the goals of a business is to have as much spend (with a capital “S” for all expenditures: CapEx, OpEx and COGS) under management as possible. And that goal should be extended out to supplier spend, where procurement wants to have as much supplier spend influence as possible. That way you know what…
Banks can do business payment innovation too: A look at U.S. Bank’s Instant Card - [PRO Content]
July 23, 2020 | David Gustin
Millions of employees across the globe have adjusted to working remotely. Amid the coronavirus disruption, some regions are beginning to see storefronts, businesses and factories slowly re-open. Whether employees are working remotely or starting to go back into the office, they need a way to make business purchases for things like home office supplies, PPE…

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Incremental to exponential: 5 overlooked benefits of procurement automation : Michael Shaw said : Good summary. Great points, Alan....

Modernizing the healthcare supply chain in the coronavirus era : Jam Saeed Ahmed said : yes, investments in advanced manufacturing capabilities make it easier to build products in the Unit...

'Sell me this procure-to-pay solution' : Thierry Jaffry said : I truly agree with Mark's analysis. And I would add a couple of things from the SI point of view: mo...

What Really Drives Valuation For Technology Companies These Days? : Pranav Trivedi said : Interesting read indeed !...

'Sell me this procure-to-pay solution' : Jason Busch said : To be revisited! I've been involved in far too boring stuff of late, but I too look forward to the r...