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Getting the most out of your S2P software solution – improvement opportunities – part 2

By: Andrada Sabo | August 8, 2019

In part one of this blog series we talked about the importance of continually monitoring the performance of your procurement software solution and we provided some insights into how you can do this, whilst at the same time obtaining in-depth information about your system and the areas that may require future attention. We also talked […]

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Meet the Team – Delia Demian – OPS Team Lead

By: Alexandra Pogacean| August 5, 2019

August’s meet the team section features Delia Demian, one of our Operational Procurement Support Team Leads, based in Cluj-Napoca. Delia is a true professional, always happy to help our clients and colleagues. She has 2 cats, loves playing video games and reading.   1. Tell us about your time/journey in Xoomworks I started working in […]

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Getting the most out of your S2P software solution – improvement opportunities – part 1

By: Andrada Sabo| July 25, 2019

You’ve implemented a S2P software solution and now all your procurement worries can be put to rest. From now on it’s smooth-sailing. Hopefully, not many organisations think so. The implementation phase is just a step towards transforming your procurement function into a valuable corporate asset. It is, however, a crucial step which, if not done […]

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Speeding up the invoice approval time

By: Alexandra Pogacean| July 22, 2019

Organisations nowadays have the fundamental need to cut costs and be more efficient. As a result, companies have started taking a much closer look at how they manage and track their spend. Having an e-invoicing solution can help bring a lot of advantages to these activities.  Even today the invoice approval process can still be […]

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How a Target Operating Model can help achieve more value from your S2P technology investment

By: Xoomworks Author| July 9, 2019

For many organisations, going live with Source-to-Pay (S2P) will be the first time they have had to manage strategic and transactional procurement systems with hundreds or thousands of users and suppliers. But overlooking the structure and organisation of your procurement function can make the difference between the success and failure of your S2P, many months […]

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Benefits of supply chain analytics

By: Alexandra Pogacean| July 2, 2019

Analytics is the foundation for making data-driven decisions, based on a summary of relevant, trusted data, often using graphs, charts and other means. Supply Chains typically generate massive amounts of data. Supply chain analytics can therefore generate very valuable insights for your business and help you improve on all aspects. Thoroughly monitoring your supply chain […]

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Transaction support services – Does your organisation need it?

By: Alexandra Pogacean| June 20, 2019

Developing world class procurement with a clear path to a commercially mature function delivers collaborative, digitally enabled, procurement services for a variety of industry and sector specific transformations. Having a clear end to end remit that elevates procurement’s broader value proposition, will maximise shareholder value, drive profit enhancements, mitigate strategic risk, provide visibility and control […]

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Why the CPO should strengthen its relationship with the CIO

By: Andrada Sabo| June 10, 2019

Within an organisation, procurement is responsible for the buying of goods and services in the best possible conditions whilst also ensuring cost optimisation and savings; whereas IT is responsible for automating processes by ensuring the best technology infrastructure is in place, both hardware and software. Even by reading this sentence out loud you can spot […]

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Blockchain – What are the opportunities for procurement?

By: Alexandra Pogacean| May 27, 2019

Blockchain technology is not only related to crypto-currencies, that only scratches the surface of blockchain which has the capability of going far beyond the means of just financial transactions. Even though when thinking about blockchain the first thing that comes into mind is finance, blockchain technology can transform your procurement function too.  Blockchain is revolutionising […]

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