Viewing Supplier Management tagged with 'PRO'

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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…
Procurement KPIs: The ‘Keys’ that Unlock the Value of Spend and Supply Management (Part 3) - [PRO Content]
May 7, 2020 | Pierre Mitchell
In the first two parts of this KPI series, we highlighted some of the foundational measurements for procurement pros and the problems of traditional procurement key performance indicators in terms of how they can be incomplete, misleading and even damaging to a value chain transformation. In fact, one of the easiest ways to assess an…
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…
The 5 Building Blocks of Supplier Management Capabilities - [PRO Content]
December 20, 2019 | Magnus Bergfors and Pierre Mitchell
As an analyst you want to define things, classify them and put them in buckets to be able to analyze and compare them. Often that works fairly well, and we can rate vendors and solutions against each other to find the best fit in any given situation. But in some areas this is more difficult,…
ConnXus Brings ‘Quick and Clean’ Supplier Data Cleansing to the Masses with SmartScrub: Vendor Analysis Update - [PRO Content]
July 1, 2019 | Nick Heinzmann
For the majority of procurement organizations today, obtaining and maintaining accurate supplier master data is a huge pain point. Most organizations still do not trust their vendor master as a single source of truth (or even have one!) — nor do they have the time or personnel to continuously validate and enrich supplier records to…
AI in Supplier Management: Today (Part 1) - [PRO Content]
April 22, 2019 | Michael Lamoureux
With this brief we begin the next installment of our series on the application of artificial intelligence (AI) to various source-to-pay technologies. Previous entries focused on AI in procurement (Today, Part 1 and Part 2; Tomorrow, Part 1, Part 2 and Part 3; and The Day After Tomorrow), AI in sourcing (Today; Tomorrow, Part 1…
After EcoVadis’ Sustain 2019: Company Update, Solution Overview and Technology Enhancements (Part 1) - [PRO Content]
March 14, 2019 | Spend Matters Analyst Team
This week, Spend Matters founder and analyst team member Jason Busch represented the Spend Matters team at the EcoVadis Sustain 2019 customer conference in Paris, where about 500 attendees gathered. EcoVadis, a sustainability/CSR solutions provider that combines ratings content (CSR focused) and a technology platform, is not so dissimilar from providers such as Avetta and…
Avetta and Browz to Merge: Facts, Figures, Solution & Market Overview (Part 1) - [PRO Content]
February 14, 2019 | Spend Matters Analyst Team
Avetta announced earlier today that it and Browz are merging. Together under the Avetta name, the two providers of supplier management and supply chain risk management will become one of the clear leaders in perhaps the most “under the radar” procurement solutions market. The general focus of these two providers is on supplier and contractor…
Beyond Supplier Risk Management: How Procurement Can Take a Leadership Role in Enterprise Risk Management (Part 2) — Aligning Enterprise Risk to Supply Risk - [PRO Content]
January 3, 2019 | Pierre Mitchell
In Part 1 of this series, we described the process that most progressive procurement organizations use to relate enterprise risk to supply risk. Throughout such transformations, a single theme pervades: alignment. The premise here is that while value chains are, in fact, a chain of value that flows across multiple stakeholders, the “signal” often gets…
ConnXus Envisions a Next-Generation Supplier Network With myConnXion: Vendor Analysis Update - [PRO Content]
December 27, 2018 | Nick Heinzmann and Jason Busch
ConnXus has grown in less than a decade from a specialized supplier diversity compliance tracking service to a notable provider of supplier relationship management solutions. As Spend Matters’ Q4 2018 Supplier Relationship Management and Risk SolutionMap indicates, ConnXus offers mid- to top-tier functionality for capabilities including supplier performance management, risk management, configurability and services —…
Supplier Management: Dozens of Markets in One (Market Introduction) - [PRO Content]
December 17, 2018 | Jason Busch
The supplier management technology and services market is one of the broadest, most complex and mysterious to those who try to make sense of it — and take advantage of the many solutions that it offers. Spend Matters tracks well over 100 providers in this market, and they fall into more than a dozen individual…
Coupa buying Hiperos: Acquisition Facts, Analysis and Insight - [PRO Content]
December 10, 2018 | Jason Busch
Just this morning Coupa announced it was acquiring Hiperos as a carve-out transaction from Opus, which previously owned the supplier management, compliance and risk management solution provider. This Spend Matters PRO analysis provides background and quick facts on Hiperos. It also offers analysis and insight on what the transaction brings to Coupa from a capability…

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Q&A: ‘Unless procurement takes a different view to management of services spend, it will continue to be difficult to get it right’ : Outsourced Procurement said : Procurement should always be seen as a collaboration. Whether that's with internal departments and s...

Suppliers and Ariba: Prisoners or Not? : K said : Agree!!! Suppliers should not have to pay for access to a customer mandated system. If they want us...

WorkMarket Partners to Offer Full Coverage Workers’ Compensation for Freelancers : Andrew Karpie said : Hi James, This article is from 2017. So not sure of what is the current status at WorkMarket for t...

5 Themes That Excite Me About Procurement & Finance Tech Venture Investing : Peter Smith said : Great stuff Jason. I might add that despite the maturity, there are still some major areas with big ...

WorkMarket Partners to Offer Full Coverage Workers’ Compensation for Freelancers : James Calbert said : Is this saying that, as a service provider, workers comp is covered by WorkMarket?...