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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waterfall and agile project for your procurement

Procurement: Waterfall Methodology vs. Agile Methodology

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There are many approaches to delivering a software solution but there are two main categories: waterfall, or traditional methodology, and the more recent agile delivery model. Learn the differences, and how to speed up the success of your procurement processes through agile implementation in our Get Smart webinar. Waterfall is so-called because it is a [...]

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managing outsourcing risk

Managing Outsourcing Risk: A New Framework for Banking and Beyond

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In recent years there has been an increase in the outsourcing of services by banks in order to reduce costs and improve their efficiency and flexibility. Outsourcing makes it possible to take advantage of economies of scale and is a form of easy access to new technologies and to tools and services not available in […]

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transparent procurement

How Banks Can Improve Transparency in Procurement for Better Compliance

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Banking is a unique industry in many respects. It’s one of the most profitable, but also one of the most competitive. Procurement in Banking also faces unique challenges due to the tough regulatory compliance environment that sets limits on how Banks can achieve goals like cutting costs. But there’s another aspect, often overlooked, that sets [...]

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