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What to expect from Procurement in 2021

By: Andrada Sabo | January 8, 2021

If 2020 has taught us anything, it’s that we shouldn’t take things for granted, even if it’s the most basic things like visiting loved ones, going on holidays or even going to the office every morning. 2020 has taught businesses that they should always have a contingency plan in place for when the unexpected happens. […]

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Managing sustainability and reducing risk – There’s more to the story

By: Andrada Sabo| December 10, 2020

Given all the uncertainty that has surrounded 2020, we can bet that 2021 is going to be a wild ride of a year. If you think you are an agile organisation, next year will really put that to the test. The disruption caused by the global pandemic has brought the issues of sustainability and risk […]

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Procurement Change Management Best Practice Principles

By: Alexandra Pogacean| December 9, 2020

Change Management is defined as the approach taken to prepare, support and help individuals, teams and organisations successfully implement change. Embedding new ways of working in an organisation is a key component in the implementation of a new S2P system. If delivered successfully it can make a good implementation transformational. Getting the technical aspects of […]

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Newsquest’s Journey to Digital Procurement 

By: Andrada Sabo| November 27, 2020

How Newsquest upgraded to Purchase to Pay and expense processing to gain financial visibility, control and compliance Digital procurement transformation not only creates savings and optimises process, it brings innovation and competitive advantage. Fast advancing Purchase to Pay technology is making all this possible but many mid-market firms have still not started their digital procurement […]

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2020 Procurement Challenges for the Pharmaceutical Sector

By: Andrada Sabo| November 5, 2020

2020 has been a challenging year for many people and businesses. The pharmaceutical industry, even with upward trending share prices, didn’t escape unscathed as it too was hit with supply chain disruptions and uncertainties. Pharma companies that had already digitally transformed their end-to-end sourcing and procurement processes achieved much better performance, they managed supplier irregularities […]

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How a Business Spend Management System enhances the CFO’s role

By: Xoomworks Author| October 16, 2020

Technology is changing the role of the CFO. And with business resilience, financial risk management and cost control now more important than ever, CFOs can’t afford to ignore digital transformation if they want to stay relevant and pull away from the competition. While traditional functions such as accounting, tax, compliance and financial management are still […]

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How to overcome challenges in a digital procurement implementation project

By: Alexandra Pogacean| October 13, 2020

One key question and concern that our clients have is regarding cost savings. Embarking on a digital procurement implementation project is an important step towards better saving opportunities, improved efficiency and better control over spend. In order to take advantage of the full spectrum of benefits that come with a new Source to Pay system, […]

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Robotic Process Automation – What’s in it for procurement?

By: Andrada Sabo| September 30, 2020

Every day we create technology that is better and faster, which in turn allows us to create new technology that is even better and faster.  Now more than ever, we are changing the way we do business, as everyday processes are being improved by technology and companies all over the world are expanding their market […]

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Why you should continually optimise your Source to Pay system

By: Andrada Sabo| August 25, 2020

We’ve touched on this subject numerous times, as we believe it should be on the radar for any business that has gone live with a Source to Pay solution. Running regular health checks on your system to make sure it is running smoothly and is still delivering against your original business case is an important […]

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