How to Streamline Your Procurement Process
It takes good tools to drive growth. However, inefficient software purchasing creates headaches for both the budget and technical infrastructure. Companies that prioritize their tech stack keep a handle on...
How to Make Your Vendor Management More Efficient and Effective
A solid contract management process extends beyond negotiating and drafting effective contracts. In this blog, you’ll learn how vendor contract management helps you achieve key procurement goals. We’ll also provide...
What is the Difference Between Sourcing and Procurement?
Have you ever wondered what the difference between sourcing and procurement is? You’re not alone. While there are key differences between the two, there are some commonalities. Sourcing and procurement...
Indirect Procurement— What it is and How to Keep a Handle on it
As the price of goods and services continue to increase, the need to implement solid budget controls becomes even more important. Today we’ll cover indirect procurement—what it is, how to...
Navigating the SaaS Procurement Process
In the age of SaaS, effective procurement management means something different. Getting by with spreadsheets is no longer effective. In this blog, we’ll look at the elements of the modern...
The real price in complex technology contracts: 3 things to know
Price is not pricing when it comes to many technology contracts. After you and your team get past the “warmth” of the proposal evaluation, the contract comes. That’s often when...
6 Tips for Software Negotiation
Purchasing software is not a static process. Software pricing is subjective and dynamic. As the software buyer, it’s crucial to approach the conversation with your sales rep armed with the...
Determining Fair Market Value: 5 Factors to Consider
Overpaying for enterprise software, cloud infrastructure, hardware, and IT services happens a lot. Inconsistencies in market pricing make it difficult for buyers to determine whether a vendor’s pricing is within fair...
Is Outsourcing Procurement Right for Your Company?
For fast-growing companies focused on adapting to changing landscapes, business process outsourcing (BPO) is becoming increasingly common. Instead of hiring in-house teams, companies are outsourcing critical business functions like IT,...
Supplier Relationship Management Software: Where to Start
True or false: procurement and supply chain management is all about cost. False. Yes, cost is a driving factor. But procurement and supply chain teams today are focused more on...