CPOs are juggling procurement challenges

Why Procurement Simplified Is Much More than a Slogan

Posted by Ed Walker in Procurement Resources / Source-to-Pay on October 29, 2019

Deloitte’s 2019 Global CPO Survey identifies the key challenges that procurement professionals are struggling to tackle. The biggest risk factors, according to the survey, are the economic downturn and deflation (cited by 42% of respondents), internal complexity due to M&A activity, organizational silos, non-standard processes (39%), managing complexity within mega-suppliers (37%), trade war (33%), managing […]

The #1 Thing that Will Kill Your Procurement Compliance Effort

Posted by Chelsea Davis in Source-to-Pay on October 28, 2019

You identified a compliance problem within your procurement process. You came up with a plan. You created PowerPoints and ROI spreadsheets worthy of an award. Your boss loved it. Now all you have to do is get everyone else on board. With a plan that makes such obvious sense, it should be a piece of […]

AI to improve decision-making in sourcing and procurement

Artificial Intelligence to Improve Decision-Making in Procurement

Posted by Amenallah Reghimi, Product Manager Cognitive Intelligence, Category Management and Analytics in Procurement Resources / Source-to-Pay / Supplier Management on October 22, 2019

What Is the Best Way to Secure Sustainable Competitive Advantage from New Technologies? Until now the focus of attention has been process automation or augmentation. Our recently published report, “Digital Transformation in Procurement: How Close Are We?”, which is based on a global survey with responses from 391 CPOs and other senior procurement decision makers, […]

What Should You Look for in AI Solutions for Procurement?

Posted by Chelsea Davies in Procurement Resources / Source-to-Pay on September 23, 2019

A Gartner report published in September 2018, entitled “The Impact of Artificial Intelligence on Procurement Software Applications” set out the reasons why many procurement leaders are hesitant about investing in artificial intelligence (AI) solutions. The headline reason can be summarized in one word: hype. Based on the Gartner research and our own extensive survey findings, […]

How Businesses Benefit from an Integrated S2P Software Solution

Posted by Andrada Sabo, Content Marketing Manager, Xoomworks Procurement Consultancy in Source-to-Pay on May 14, 2019

Source-to-Pay software or, simply put, S2P is an integrated suite of applications developed to take care of and manage each and every process within the procurement function. A typical S2P solution can effectively manage purchasing activities that range from spend analysis, e-auctions, purchase requisitions, sourcing events, invoice and payment processing and vendor relations. A well implemented S2P solution can [...]

The extra value add of source to pay solutions

Source to Pay: The Real Value for Purchasing

Posted by JAGGAER Staff in Source-to-Pay on February 14, 2019

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are two terms often used within the software industry to describe digital solutions that create efficiencies within procurement. And while both systems include many of the same features, they are distinctly different in terms of the functionality, control and the value they deliver. In the simplest of terms, P2P solutions […]

JAGGAER Placed Highest for Ability to Execute in the Leader’s Quadrant in the 2018 Strategic Sourcing Application Suites Magic Quadrant Report

Posted by JAGGAER Staff in Procurement Resources / Source-to-Pay / Sourcing on August 15, 2018

JAGGAER is honored to announce it has been named a Leader in Gartner’s 2018 Magic Quadrant Report for Strategic Sourcing Application Suites. JAGGAER (Advantage) was placed highest in the Leader’s quadrant for ability to execute. The report evaluated several Strategic Sourcing suites for capabilities including e-sourcing, spend analysis, contract management, and supply base management (SBM). […]

Spend Matters Untangles the ROI of a Source-to-Settle Suite vs. Standalone Modules

Spend Matters Untangles the ROI of a Source-to-Pay Suite vs. Standalone Modules

Posted by JAGGAER Staff in Source-to-Pay on September 26, 2016

When making the decision to switch from disparate, standalone procurement modules to a suite of source-to-pay (S2P) solutions on the same platform, there are many factors you need to consider. Thus far we’ve discussed the benefits of a suite and how to gain leadership buy-in. Of all the benefits of the source-to-pay platform, one of […]

The Spend Matters Guide to Gaining Leadership Buy-In for a Source-to-Settle Suite of Solutions

Posted by JAGGAER Staff in Source-to-Pay on September 15, 2016

In our recent blog, Spend Matters Explains the Benefits of Having Your Source-To-Settle Solutions Centralized, we discussed the additional benefits realized after implementing a suite of solutions on a single platform over disparate point solutions. While many procurement professionals understand why a suite is beneficial, it can still be a struggle to gain buy-in from […]

Become a Procurement Compliance Power House in 9 Simple Steps

Posted by JAGGAER Staff in Procurement Resources / Source-to-Pay on June 7, 2016

When it comes to procurement compliance, there isn’t one standard all organizations adhere to. And we wouldn’t expect them to. Every organization has unique compliance needs, including yours. So how do you develop, plan and implement a framework for compliance that works for your organization? Here are nine steps to get you started. Word to […]

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