i2B Procure to Pay Software
Any strike has the potential to cause disruptions and delays in the transportation of goods, and derail production and distribution. This can lead to increased lead times for shipments and difficulties in maintaining adequate service levels.
Procurement Key Performance Indicators (KPIs) are metrics used to measure the performance and effectiveness of an organization’s activities. Metrics can include cost savings, spending, and supplier performance.
Any strike has the potential to cause disruptions and delays in the transportation of goods, and derail production and distribution. This can lead to increased lead times for shipments and difficulties in maintaining adequate service levels.
Burgeoning inflation costs have put pressure on many businesses throughout the world and with no end in sight, it has left supply chains faced with mounting pressure. Reducing the negative impact on service and maintaining the throughput of products while struggling to keep costs down has created substantial disruption to networks across the globe.
Procurement of goods and supplies whether handled directly or indirectly all follow specific steps to evaluate demand, purchase necessary items or services, and manage orders from start to finish.
Rising energy costs and their impact on the supply chain Supply chains and their operators across the world are being faced with an unprecedented number of challenges when faced with the issue of keeping goods moving. Events like the recent pandemic, Brexit, and unexpected changes in the cost of raw materials have left many companies […]
5 benefits of using Blockchain technologies in your Procure-to-Pay Process By now, most people have heard of cryptocurrency, digital or virtual currencies which include coins like Bitcoin, Ethereum, and smaller Alt-coins. Cryptocurrency fast became an investor favourite (maybe not so much recently!) and has increasingly been adopted in business and the mainstream market. Many of […]
May 2022 Availability of 3rd Party Systems for your supply chain Outsouring your supply chain needs to a 3rd party provider can be a cost effective way of doing business. Featuring smooth integration tools and with many software programs hosted in the cloud, the increased value and reduced cost benefits many businesses. While 3rd […]
April 2022 Why Companies Should use Cloud-Based Supplier Onboarding SaaS Onboarding your suppliers with a defined and streamlined process not only ensures smooth integration with your systems but in this age of data protection legislation it can be essential to keep you in legal compliance when setting up new vendors in ERP or accounting software […]
March 2022 Benefits of using punch-out catalogues Accessing a supplier’s product range using a digital system that integrates with the buyer’s procurement software is made possible using a punch-out catalogue. These hosted catalogues allow suppliers to list their goods in a standardized format so that purchasers can easily browse and search or make price comparisons […]
