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The Lowdown on Legacy Systems and Disparate Procurement Solutions

July 26, 2016 by Hillary Ohlmann

Procurement teams can fall into a trap of using disparate and decentralized systems to manage their procurement processes. This can happen for a number of reasons, including complex and cumbersome legacy procurement systems, software feature fatigue, budget limitations, and a reliance on...

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E-sourcing is the Key to Reducing Risk in the Procurement Process

March 22, 2016 by Andres Kuuse

Product design, R&D, IT, marketing, logistics providers, suppliers… the list can go on. In one way or another, Procurement touches them all. As a function spanning multiple activities and communication points, there are many opportunities for risk to enter the procurement process.

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Pros & Cons: 3 Different Methods for Managing the Procurement Process

March 08, 2016 by Andres Kuuse

Traditionally procurement professionals have relied on two main tools, both with and without ERP, for managing the procurement process: email and Excel. However, with the advent of affordable SaaS solutions, more modern methods are now available to SMBs and small procurement departments with...

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The Dangers of Using Outdated Technology for the Procurement Process

February 01, 2016 by Andres Kuuse

It can be tempting to run your procurement process the way it’s always been done. After all, changing a core process like procurement is daunting; gaining buy-in from stakeholders and reworking the process, all while maintaining or improving the quality of the process is a lot to juggle at one...

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How to Tell if e-Sourcing is Right for Your Organization

January 11, 2016 by Andres Kuuse

Procurement directly impacts many internal groups and your organization’s bottom line, so it’s important to make sure it is being handled efficiently. Even so, many organizations find themselves experiencing high costs and inefficiencies directly related to the procurement process. This can be a...

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The Link Between E-sourcing and Strategic Sourcing

December 09, 2015 by Andres Kuuse

If you're going to bring Procurement to the attention of the C-suite and demonstrate value beyond cost-cutting measures, you've got to recognize the benefits inherent in adopting strategic sourcing.

But to truly wring the most benefit out of strategic sourcing, you must include e-sourcing....

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10 Steps to Painless E-sourcing Software Implementation

November 05, 2015 by Hillary Ohlmann

Technology is supposed to make life easier.

Request a taxi with one click and then follow its path all the way to your destination. Meet a potential partner by taking out your phone and swiping right. Do all of your Christmas shopping from the crowd-free comfort of your living room.

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SaaS in Procurement: Top Reasons Why Companies are Choosing the Cloud

September 01, 2015 by Hillary Ohlmann

Does your procurement function run on-premise or in the cloud? If your procurement function is not using a cloud-based, software as a service (SaaS) solution, then you should reconsider. While software as a service is not new, only in the past few years have organizations really begun taking...

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Benefits of E-Sourcing: a Look at the Numbers

August 06, 2015 by Hillary Ohlmann

According to Aberdeen, mid-market companies miss $134 billion in supply savings opportunities due to inadequate sourcing processes every year.

However, the industry’s research leaders have found implementing an e-sourcing solution is one of the best ways companies can capture those savings.

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How to Choose E-Procurement Software: 5 Simple Steps to Help You Search

August 04, 2015 by Hillary Ohlmann

As a procurement professional, you are the person in the best position to choose e-procurement software.

Here are 5 steps to help you stay focused as you search for the perfect e-sourcing solution.

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