The Scalable Benefits of Invoice Automation

London Panorama

Invoice automation is a goal for many procurement leaders who want to improve the efficiency of their processes. But depending upon the industry you work in, it may provide an opportunity for competitive advantage as well.

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E-Sourcing: An Essential Ingredient in Supply Chain Agility

Lean Procurement - Reducing Costs

In many ways, an organization’s supply chain is its backbone, and if your backbone isn’t strong and resilient you’ve got problems. Case in point: Target, which suspended operations in Canada after experiencing problems across their supply chain for more than a year.

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At least 16 benefits to an integrated source-to-pay solution

Yes, No, or Maybe concepts of making business decision

Everywhere you look, best-of-breed e-procurement providers are expanding their solution suites, either by building or acquiring code-bases or by developing new modules within an existing framework. At Ivalua, we recently asked Michael Lamoureux, best known as the brains behind the Sourcing Innovation industry blog, to ponder the reasons why suites have become so attractive. He came back with not one, but 16 benefits that an integrated suite provides to organizations pursuing an effective sourcing and procurement strategy.

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Companies Are Only As Strong As Their Riskiest Supplier

Rainbow team background

A common strategy used by organizations to help minimize costs and speed up production is to diversify their supplier base. In this push for savings and efficiency, business leaders have blinded themselves to labor practices, and the risks posed by partnering with suppliers who violate them.

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3 Metrics Procurement Officers Need to Know

Annual Report. Graph. Diagram. Chart. Analisys.

What you’re about to read here shouldn’t be earth-shattering. Think of this like posts in Yahoo or HuffPo listing the “Top 5 Beaches” or “10 Best Quoted SNL Sketches” (more cowbell!). But don’t be fooled, what we are talking about here are the 3 Metrics that, done right, can drive a whole transformation of your Procurement organization.

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