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Preserving Cash and Maintaining Liquidity in the “New Normal”

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As a 25-year veteran in procurement and a value consultant here at JAGGAER, Bruce Logan is well versed in strategies for reducing spend and maintaining liquidity. That’s why he recently hosted a webinar called Money in Hand: How to Adapt Promptly and Conserve Your Cash. We want to share some of the questions that he […]

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The Role of the CFO: What You Might’ve Missed

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On Thursday, JAGGAER’s SVP of Strategic Operations Kristian O’Meara sat down with our COO/CFO Vic Chynoweth and Discover Global Network’s Head of Finance Bill Franklin to discuss how CFOs can be most effective in responding to the global COVID-19 crisis. The conversation ranged from communicating priorities to maintaining cash and collaborating with the procurement function […]

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What on Earth is “Autonomous Procurement,” Anyway?

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With hot new buzzwords coming and going year after year, it’s hard to blame any procurement professionals who are becoming disillusioned. One of the latest, “autonomous procurement,” has been the focus of writings by industry experts both enthusiastic and less optimistic. But many purchasing team members, including leadership, still lack clarity on what exactly the term means. Understanding the definition of autonomous procurement – […]

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COVID-19 Procurement Response: Your Questions Answered

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JAGGAER’s Amenallah Reghimi and Michael Roesch recently partnered with Philip Ideson, founder and managing director at Art of Procurement, to bring procurement professionals a presentation on response tactics for the current global crisis. Our speakers received far more questions than they were able to answer at the time, so we’ve compiled some of the best and asked our presenters to provide a […]

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Augmented analytics

What Does Augmented Analytics Mean for Procurement?

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It’s OK, we understand. Here we are throwing another buzzword at you. But bear with us because it is not really the words that matter, but the thinking and the technology behind the words. And most importantly, what augmented analytics can do for you. Read up on How Augmented Analytics Will Transform Your Organization: A […]

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CPOs are juggling procurement challenges

Why Procurement Simplified Is Much More than a Slogan

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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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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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Integrating S2P - source to pay

How Businesses Benefit from an Integrated S2P Software Solution

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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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Source to Pay… The Real Value for Purchasing

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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 […]

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

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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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