Working With Customers to Customers Mitigate Risk and Maintain EBITDA

JAGGAER Ramps up Support, Helping Customers Mitigate Risk and Maintain EBITDA During the Coronavirus Outbreak

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JAGGAER Ramps up Support, Helping Customers Mitigate Risk and Maintain EBITDA During the Coronavirus Outbreak RESEARCH TRIANGLE PARK, N.C., April 08, 2020: Many organizations of all sizes around the globe are experiencing a wide variety of unexpected and unplanned supply chain disruptions during the COVID-19 pandemic. In fact, in many cases they are exposed to [...]

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Killing your compliance effort

The #1 Thing that Will Kill Your Procurement Compliance Effort

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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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Procurement Lessons from the Industrial Revolution

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The Industrial Revolution is seen as one of the most successful and pivotal points in American history.  Without it, most of the technologies we use today would not exist. Procurement was the key driver for success in the 18th and 19th centuries – it changed technology – and it continues to influence the world today. […]

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Can your Procurement Vendor(s) Pass This Test?

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Procurement software should make your life easier. Choosing that software, however, can be an arduous and confusing process. These systems are a huge investment and you want to be sure you’ve done the due diligence to see the return on that investment. You can banish buyer’s remorse by making sure all the procurement software vendors […]

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6 Reasons Why an ERP is Not the Solution to all Your Procurement Problems

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Most of the time when CFOs are shopping for business-management software, they gravitate towards ERP solutions, or enterprise resource planning software. ERPs can be attractive with the depth and all-in-one package they market to organizations. Because of this, ERPs have been the talk of the industry and the must have for businesses, until the reality […]

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Take control of maverick spend in five

5 Tips to Help Prevent and Control Maverick Spend

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Being a maverick isn’t all bad. Just look at Steve Jobs and Sir Richard Branson. Their outside-the-box ideas drove innovation and resulted in enormous successes. But for companies trying to manage spend – and let’s be honest, who isn’t? – rules-are-meant-to-be-broken behaviors such as maverick spend can wreak havoc on processes and, ultimately, your company’s […]

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Sneaky maverick spend

Maverick Spend is Sneaky. Be Sneakier.

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Maverick spend is usually defined as requestors buying items or services that are outside the defined procurement process, from non-preferred suppliers and/or off contract. Maverick spend may not seem like a big deal, but it can really add up over time, costing your business lots of money. Usually maverick spend can be easy to identify, […]

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Increase Procure-to-Pay Productivity in a Mobile App

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We all love our smart phones. Voice calls, texting, email and calendaring are all daily activities we have access to right at our fingertips.  Plus you can find an app for just about any service you need. So why not utilize our phones more to speed the procure-to-pay process and help keep things moving while […]

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What is Procurement?

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Running a procurement department is like herding cats.  Promoting preferred suppliers, ensuring contract compliance, and searching for savings opportunities are just the beginning of the challenges.  Take the first step toward becoming a powerhouse of efficiency and value by gaining a fundamental understanding of procurement and its processes. You engage in the procurement process more […]

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Become a Procurement Compliance Power House in 9 Simple Steps

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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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