Viewing Supplier Information Management

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Making Sense of Supply Risk Management Solutions (Part 3) — A Look at 8 Supplier Management Providers - [PRO Content]
July 9, 2020 | Pierre Mitchell
“Supplier management,” often called “supplier lifecycle management,” is an area that procurement practitioners struggle with because of its complexity (as is the intersecting area of supply risk management that we’re covering in this series). Supplier management generally breaks out into two main areas: Extracting value from supplier relationships. This includes supplier performance management (SPM), supplier…
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…
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.…
Supplier management — the need to implement at speed in times of crisis
May 11, 2020 | Nancy Clinton
Spend Matters in the U.S. and in Europe has amassed a whole spectrum of insight through our Coronavirus Response series to bring you a set of go-to places for specific guidance and advice during this time of crisis. One key area is supplier information and performance management (SXM). To that, we recently joined a webinar-based…
‘E-Sourcing Execution’ Competitors: Defining the Market Landscape (Part 1) — Introduction - [PRO Content]
May 11, 2020 | Magnus Bergfors
“E-sourcing” emerged as a term in the 1990s as Freemarket and others developed solutions to enable organizations to negotiate online. The problem now is that sourcing, and especially strategic sourcing, encompasses more than what the traditional e-sourcing solutions supported. We are therefore introducing the term “e-sourcing execution” solutions that in our opinion more accurately reflects…
Coupa buys ConnXus: Product Background and Deal Rationale - [PRO Content]
May 4, 2020 | Nick Heinzmann
Coupa announced Monday it has acquired ConnXus, an Ohio-based provider of supplier relationship management and diversity solutions, for an undisclosed sum. The deal continues Coupa’s ongoing R&D investment augmented by its corporate development streak. Over the past 18 months the San Mateo, California-based S2P provider has acquired five firms, including another in the SRM space,…
CORONAVIRUS RESPONSE: Fraud, P2P and Vendor Management Safeguards — Protecting cash and rapidly vetting suppliers in a crisis - [PRO Content]
March 31, 2020 | Nick Heinzmann
In this installment of our “Coronavirus Response” series, Spend Matters will explore fraud, P2P and vendor management safeguards. With the COVID-19 crisis creating new fires for procurement to put out and critical supply risks arising to address, fraud is an unfortunate reality that businesses need to remain on guard against — especially in times where bad…
Case study: How industry mergers required an energy firm to begin its supplier management transformation
March 12, 2020 | Spend Matters Brand Studio
When should companies consider acquiring the latest procurement technology? It seems like a simple question, but many businesses don’t always get to spend time considering the latest solutions, like in the area of supplier management — they’re more often compelled to do it when the market changes through a merger or acquisition, when their old…
Kodiak Rating: Vendor Analysis (Solution Overview, Strengths/Weaknesses, Company SWOT, Selection Checklist, Analysis) - [PRO Content]
February 26, 2020 | Magnus Bergfors
As we’ve mentioned in previous research, the market for supplier management applications is fragmented with many types of solutions and approaches. At Spend Matters, we have defined five core supplier management capabilities: * Supplier information management (SIM) * Supplier performance management (SPM) * Supplier relationship management (SRM) * Supplier risk management (Supplier Risk) * Supplier…
Customer reviews for Market Dojo are in the new SolutionMap Customer Insights report
February 19, 2020 | Spend Matters Team
This week’s SolutionMap Customer Insights report focuses on customer reviews for Market Dojo, an e-sourcing specialist with a suite of solutions for RFX, document and template management, supplier information management, innovation management, and category (analysis and strategy) management The applicable SolutionMap category for this report is in our ranking of Sourcing solutions. SolutionMap Insider members…
Supplier onboarding: Top 12 ways to speed up the process
February 6, 2020 | Guest Contributor
Spend Matters welcomes this guest post from Jag Lamba, Founder & CEO of GetCerta.com, a provider of a SaaS platform for supplier management and contract lifecycle management. At many large enterprises, it can take 3-6 months to onboard a new supplier. This is because, as each new supplier adds multiple layers of risk (operational, reputational,…
Beyond the Traditional SRM Scorecard: Supplier Management Metrics to Diagnose Your Supplier Management Operations (Part 1: Search and Enablement) - [Plus + Content]
January 24, 2020 | Spend Matters Analyst Team
Editor's note: This is a refresh of our 2017 series on supplier management metrics, which originally ran on Spend Matters PRO. In recent years, prominent procure-to-pay (P2P) providers have increasingly offered opt-in peer benchmarking capabilities. This newly available data has changed the way consultants and advisors evaluate procurement performance. Benchmarks and key performance indicators (KPIs)…

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Negotiation Strategy with a Monopoly Supplier : Dong said : from my point of view, we need to make cost workshop with them and breaking down their cost detailed...

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...