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Aligning Procurement Strategy with the Business Strategy (best practices)

By: alexandrapogacean | March 19, 2019

Procurement has become a key enabler in the generation of incremental profits and is now  becoming the custodian of third party risk awareness and risk mitigation. This trend has been an evolving journey for over 50 years. In particular, looking back at the statistics post 2008 when the world experienced the global financial crash, organisations […]

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The importance of a successful RFx process

By: alexandrapogacean| March 4, 2019

  Before choosing a P2P implementation partner or a P2P software provider your organisation should ensure that you are aiming for the best possible outcome for your needs rather than just the best in breed solution. It is important to be willing to have a real conversation about what the products can or cannot do, […]

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Meet the Team – Loredana Dobos, OPS Team Lead

By: alexandrapogacean| March 1, 2019

This month we had the pleasure of chatting with our colleague Loredana Dobos, one of our Operational Procurement Support Team Leads, based in Cluj-Napoca. Lore is a true professional when it comes to her job but also a very kind person. She loves SciFi books and has 2 very cute pets (a cat and a […]

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Delays in procurement implementation – How can you reduce the risk of delays?

By: alexandrapogacean| February 19, 2019

It’s not just about implementing a source to pay solution. Most companies tend to focus too heavily on the implementation period, putting the majority of their efforts and attention on this section of the journey. However, the two areas that seem to get the least attention, but are equally as important, are the pre and […]

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Upskill your procurement team

By: alexandrapogacean| February 13, 2019

Having a world class procurement function has become a hot topic over the past few years with more and more procurement departments really stepping up their game in order to deliver a greater return on investments for the business.   Challenges As the Deloitte’s global chief procurement survey pointed out, 51% of procurement leaders believe […]

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How to transform your supplier collaboration into a competitive advantage

By: alexandrapogacean| February 5, 2019

Procurement systems are most powerful when the majority of spend and suppliers are flowing through it. In turn, this helps improve the user experience, increase compliance and savings and reduce costs. Supplier enablement services can dramatically increase the number of suppliers enabled onto your systems and in turn increasing the benefits your organisation can achieve. […]

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Digitising payment processes – the first step to digital transformation

By: alexandrapogacean| January 30, 2019

These days the benefits of digital automation are increasingly well-recognised. When so much of our business and personal lives are digitised, it seems almost ancient to still have teams of people handling paper invoices. One of the most important steps in bringing a company into the 21st century is digitalisation.The P2P landscape is changing rapidly […]

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What’s new in procurement technology?

By: alexandrapogacean| December 20, 2018

Research estimates that procurement departments are spending up to 30% of their time on activities that prevent them from tackling the challenges that really matter- such as negotiating better contracts, achieving greater value for money, increasing spend under management and reducing risk. Building a world class procurement function means driving ongoing behavioral and organisational change […]

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SAP Ariba SNAP – delivered by Xoomworks

By: alexandrapogacean| November 28, 2018

In a volatile economic environment with pressure on increasing share price value and declining profit margins, it can be hard to find the time to focus on making savings and achieving efficiencies. Businesses are additionally faced with continuous challenges from areas such as: Gaps in current technology infrastructure Businesses challenging Procurement Directorates Regulatory challenges Poor […]

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