Posted by Chris Masterson in eProcurement / Source-to-Pay on February 11, 2020
The world is digitizing right before our eyes. From Cortana, Siri, and Alexa to Tesla, Uber, and Waymo, autonomous devices and so-called artificial intelligence are all around us. Even long-time escapes like sports have become playgrounds for IoT fitness devices and big data statistical analysis. Forbes predicts that AI will revolutionize everything from scouting and performance analysis to […]
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Posted by Chris Masterson in Events / Source-to-Pay on December 17, 2019
Digital procurement platforms are capable of producing incredible amounts of data, from spend history to supplier scores, delivery rates and more. But such massive amounts of data can easily lead to a new generation of questions. What do all these numbers really mean? How can I put them to good use? Which data can I trust? At REV2019, […]
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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 […]
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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 […]
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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, […]
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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, […]
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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 [...]
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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. Discover JAGGAER’s Source-to-Pay Solutions > In the […]
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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). […]
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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 […]
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