Using natural language generation (NLG) in procurement tech

How to Transform Your Procurement Process with Natural Language Generation

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“Alexa… find information about Conversational Platforms in Procurement…” Natural Language Generation (like Alexa and Siri) technologies are transforming the way business professionals and consumers interact with technology. Voice-enabled platforms are still in their infancy, but the technology rapidly advancing to enable more complex interactions. It’s only matter of time before we are all relying on […]

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Smart Assistant

Emerging Technologies: The Evolution of the Smart Assistant

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Everywhere we turn, there is a constant buzz around new technologies such as artificial intelligence, machine learning, and cognitive intelligence. These emerging trends are expected to revolutionize procurement. According to Supply Management, “Cognitive procurement will drive the procurement profession forward” and early adopters may certainly gain a competitive advantage. Industry experts appear concerned primarily with […]

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Brexit: wat zijn de gevolgen voor Inkoop?

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Brexit: wat zijn de gevolgen voor Inkoop? Hoewel niets zeker is, lijkt het erop dat het Verenigd Koninkrijk op weg is naar een terugtrekkingsovereenkomst met de Europese Unie en het begin van de onderhandelingen over een toekomstige vrijhandelsovereenkomst. Ter afsluiting van onze serie artikelen over de mogelijke gevolgen van Brexit voor de inkoopgemeenschap, gaat Richard [...]

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Impact van Brexit op inkoop: tarieven en Business

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Wat betekent Brexit voor heffingen en handel? En zijn er überhaupt positieve punten te noemen voor inkoop en het bedrijfsleven in het algemeen? In onze volgende blogserie heten we Jeremy Smith, Managing Partner, 4C Associates en Peter Smith, Managing Director, Procurement Excellence opnieuw welkom. In afwachting van de beslissing over Brexit richten we ons op […]

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Wat betekent Brexit voor contracten?

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In het verlengde van onze blogserie over de impact van Brexit op het gebied van inkoop, hebben we de discussie met inkoopexpert Peter Smith, Managing Director, Procurement Excellence, hierover voortgezet. In deze blog richten we ons op zijn antwoorden op vragen over contracten. Vraag 1. Welke benaderingen voor het sluiten van contracten hebt u gezien […]

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Wat betekent Brexit voor Supplier Value Management?

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Wat betekent Brexit voor Supplier Value Management? In afwachting van het besluit over Brexit hebben we met inkoopdeskundigen gesproken over de gevolgen die Brexit voor ons zal hebben: Jeremy Smith, Managing Partner, 4C Associates en Peter Smith, Managing Director, Procurement Excellence. In dit artikel richten we ons op hun antwoorden op twee vragen over Supplier […]

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Standards for eInvoicing continue to push the AP revolution

eInvoicing Standards Continue to Push the AP Revolution

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With Brexit, trade wars, economic crises and recessions, 2019 has been far from boring. One of the measures governments often take to address tough economic conditions, by strengthening the collection of indirect and customs taxes, is to implement electronic invoicing mandates. New mandates announced or implemented in the last year include Italy, Greece and India, [...]

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Seven things to consider before implementing your SaaS solution

7 Things to Consider Before Implementing Procurement SaaS

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What is SaaS?  When you decide to deploy a SaaS solution for procurement, you are choosing the provider of a service. You don’t choose any of the server, storage, or networking specifics, and you don’t choose an operating system, or even a language to develop new tools in. Rather, you get an application, such as eProcurement or Supply Chain Management. However, you can choose the specific settings in the application, the […]

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Adopting an agile mindset in procurement

Why Procurement Needs a More Agile Mindset

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When it comes to delivering successful digital transformation, procurement needs to change its mindset. Apologies if that sounds a little provocative, but it is an opinion based on 20 years of experience that straddles both the procurement function and software implementation projects. A lot has changed in those two decades, on both sides. In the […]

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AI for Better Supplier Collaboration: First, Get Your Data in Order

AI for Better Supplier Collaboration: First, Get Your Data in Order

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Most software vendors have taken an applications-driven approach to delivering solutions. They have identified the main challenges faced by procurement professionals and developed applications that address those specific challenges. This has brought benefits but not sustainable value, especially when buyers have looked for “best-of-breed” point solutions with limited interoperability. The result has been isolated applications, […]

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