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Procurement Consultancy Blog

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Tackling tail spend – it’s time to address the issue

By: Andrada Sabo | August 14, 2018

Category management, spend analysis and contract management – all the processes that ensure spend is handled properly in an organisation. Risk is controlled, compliance is maintained and the organisation is delivering savings. But these activities don’t apply to 100% of a company’s spend. It accounts for about 80%, which is still a lot but not […]

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e-Invoicing – Part 2: The benefits and how it can impact your business

By: Andrada Sabo| August 3, 2018

Now that we know what the prerequisites for an e-Invoice enabled business are, and we’re one step closer to understanding if e-Invoicing is right for your business, we need to make sure we understand the benefits and that we can maintain an environment where e-Invoicing keeps on delivering on the business case. In part 2 […]

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e-Invoicing – Part 1: creating the context for an e-Invoice enabled business

By: Andrada Sabo| July 31, 2018

Did you know that invoices account for 10% of all trees cut worldwide? Not to mention the millions of pounds and energy invested in producing these paper invoices annually. There are multiple reasons for giving up paper-based invoices and turn to the more efficient and environment-friendly solution, which is the e-invoice. e-Invoicing has been around […]

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Integrating your procurement platform into your ERP

By: alexandrapogacean| July 31, 2018

Your financial systems are the backbone of your business and integrating procurement technology into these systems can be a real headache if you don’t have the right strategy, experience and tools. Generally, once organisations go live with a new system, there is a large sigh of relief and they start to relax. However there are […]

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How to transform spend data into actionable insights

By: alexandrapogacean| July 24, 2018

Understanding how cash is spent is very important for the effective operation of any business. Yet, businesses still lack clear visibility into spend. This lack of visibility is usually caused by disparate systems across the world, employees spending outside of hard-to-use systems, and spend occurring in different languages or currencies. Once you take the time […]

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Driving value through digital procurement – Supplier Management & Risk (part3)

By: Andrada Sabo| July 23, 2018

In the business world, as in life, risk is always part of the equation. It is the unknown factor that has the power to change everything – either for the worst or for the best, but never with certainty. Although it can never be predicted, there are a number of measures that businesses can take […]

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Source to Pay implementation. Go-Live is here. Now what?

By: alexandrapogacean| July 9, 2018

Going live with a Source to Pay solution is a major step towards better spend management – capturing savings, improving efficiency and gaining control. However, it is only the start of a journey and the most successful organisations keep project momentum going to really deliver against the business case. Having the right approach and planning, […]

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Meet the Team – Dora Eszes, OPS Team Lead

By: alexandrapogacean| July 4, 2018

July’s Meet the team interview features Dora Eszes, one of our Operational Procurement Support Team Leads, based in Cluj-Napoca. Dora is a very energetic person with great intrapersonal skills and a true professional when it comes to her job. She is always happy to help.   Tell us about your time/journey in Xoomworks I joined […]

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Driving value through digital procurement – Spend Analytics & Reporting (part2)

By: Andrada Sabo| June 27, 2018

In part one of our “Driving value through Digital Procurement” blog series, we uncovered the top 10 processes that help build a digital procurement function and we expanded on how to digitise contract management – one of the “messiest” and most time consuming of the 10 processes. Data analytics is now a well-known and acknowledged […]

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