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To combat corruption, businesses want more technology and training, survey finds
May 20, 2020 | Alex Behrens
Companies around the world face corruption and need technology, training and insights into the varied legislation to strengthen countermeasures, according to The Global Anticorruption Survey conducted by the consulting firm AlixPartners. The biggest concerns by far surrounded procuring and effectively using digital tools in the fight against corruption, where 81% of respondents said they lacked…
Coronavirus Response survey: Spend Matters needs YOUR insights on the crisis
March 25, 2020 | Spend Matters Team
In response to the current COVID-19 pandemic, Spend Matters technology analysts have developed a Coronavirus Response series to help our readers understand the array of ways that procurement practitioners are using tools and techniques to respond to the crisis in the short-to-medium term. This is a non-commercial effort to see where procurement organizations can help…
Recession is on the mind of many procurement, finance professionals: Study
July 15, 2019 | Kyra Senese
Despite economic growth, recent headwinds have procurement and finance professionals considering how to deal with a possible recession in the next year or so, according to a survey by the data-aggregation firm Suplari, which published “Plans & Tactics to Recession-Proof the Enterprise in 2019 and Beyond.” The study notes that many recent surveys spotlight executives’…
Deloitte 2019 CPO Survey — Insights Needed on Procurement Mastery in Action
May 13, 2019 | Pierre Mitchell
Deloitte has opened up the 2019 version of its annual CPO survey for participants to share their insights. It’s important to participate because the survey’s depth, rigor and relevance produce influential findings that have set the gold standard for procurement studies. And this year’s edition is very exciting, especially for me. I’ve been doing procurement…
SupplyHive: Vendor Analysis (Part 2) — Product Strengths and Weaknesses - [PRO Content]
April 26, 2019 | Nick Heinzmann
In our last brief, we introduced you to Supply Hive, a provider based out of Chicago that is deploying a new platform for supplier performance management (SPM), specifically around simplifying the process of gathering and analyzing supplier performance reviews. Combining savvy UX/UI design and an apt use of natural language processing (NLP), SupplyHive has built…
SupplyHive: Vendor Analysis (Part 1) — Background and Solution Overview - [PRO Content]
April 25, 2019 | Nick Heinzmann
The market for supplier relationship management and risk solutions is broad and fragmented. Procurement organizations have their choice of point solutions for single areas of the supplier management lifecycle, broader suites that provide SRM capability as one module among many, and consulting firms and service providers that offer technology as an add-on to engagements, to…
How to Get Independent Professionals into Your Company’s Contingent Workforce Plan
April 4, 2019 | Alex Behrens
In a look at the contingent workforce, MBO Partners' “Client of Choice Report 2019” explores the changing needs and expectations of the independent professionals and what corporations are doing to attract and retain the best talent in this emerging labor market.
CSR Update: Corporate Social Responsibility Can Lead Customers to Spend More, Study Says
January 10, 2019 | Alex Behrens
Consumers are hungry for more information of all kinds when it comes to corporate social responsibility practices, and many are willing to pay more to companies that can provide it, according to a report in the Manufacturing and Service Operations Management Journal. The study, "Supply Chain Visibility and Social Responsibility: Investigating Consumers’ Behaviors and Motives,"…
B2C E-Commerce Has Some Lessons for B2B Platforms Being Built, Report Finds
December 20, 2018 | Spend Matters Team
As B2B e-commerce platforms try to match the level of maturity found in B2C systems, a recent report takes a snapshot of how CEOs, chief digital officers and innovation executives are investing in technology, which innovation they’re pursuing and how they’re making those decisions. In addition to that benchmarking aspect, a trend emerges in how…
Category management survey offers benchmarking in exchange for your time, insight
December 17, 2018 | Spend Matters Team
The category management experts at Future Purchasing have a request and an offer as they prepare their global 2018 benchmarking survey. People in procurement can give feedback to help take the pulse of the industry, and they’ll get a copy of the survey and benchmarking feedback for their company. The survey drills deep into current…
Study: Conflict gold from Africa may be in U.S. markets, passing through major companies
November 6, 2018 | Kyra Senese
An October 2018 study released by a watchdog group that focuses on Africa has highlighted concerns that gold mined from conflict areas in the Democratic Republic of Congo (DRC) is making its way into international markets and becoming integrated in the supply chains of major U.S. companies. Documents reviewed and interviews carried out by The…
Once You’re in the Cloud, Managing Cloud Costs Can Be a Challenge, Report Says
November 5, 2018 | Jonathan Messinger
A couple of years ago, organizations raced to catch up and understand cloud computing and formulate strategies for adopting cloud services. Now, according to a new report, the problem isn’t so much cloud adoption, it’s managing the cloud. Organizations that made the switch are finding new problems they didn’t foresee, leading to cost overruns and…

Procurement Leaders moves its event to the fall as a coronavirus precaution : Loqualist said : Tough times for business. Entreprises have to be strong. Where can we find the exact new dates for t...

AI will shift our industry even more than the internet did 20 years ago. Here’s why. : Peter Smith said : "AI will shift our industry even more than the internet did 20 years ago" Nope. Don't think s...

The state of dynamic discounting in B2B payments : David Gustin said : Yes, because they do not offer an einvoicing or AP automation software. They are more a Treasury to...

The state of dynamic discounting in B2B payments : Robert Solomon said : Hasn't C2FO made an entire business based on taking gain share from dynamic discounting?...

5 Tips and Considerations for Your Next Spend Analysis RFP : Puneet Jain said : What is a typical spend threshold when a company should go for an RFP for sourcing indirect purchase...