PROCUREMENT OPTIMIZATION BLOG

Procurement Optimization Blog

  • Don’t Let Integration Delay Your Cloud Based P2P Implementation
    January 20, 2016

    Integration is known as the layer that facilitates data flow between applications. Sounds simple, right? Not quite. Many cloud based project go live dates have been pushed back due to errors within an integration build. Often times, systems go live…

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  • Spare a thought for Santa – a poem
    December 15, 2015

    The following poem was written by Martin Blake, Competition Lead Manager at the Ministry of Justice in London, and originally appeared in Supply Management. 12 December 2013 | Martin Blake ’Twas the night before Christmas And all through the house…

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  • Making Procurement Performance Metrics Matter: 3 Questions to Ask Before Settling on KPIs
    November 25, 2015

    Last month, Kari Ostgaard presented a comprehensive list of 15 Procurement Metrics that Save Money in her blog post. While each of the metrics listed represent real and measurable value, tracking all 15 may seem like a daunting challenge. As…

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  • 15 Procurement Metrics that Save Money
    October 22, 2015

    Do you know these metrics off the top of your head? Or how to pull them from your system into a regular report? If not, this is your first step on the path to smarter spend management. Far too often…

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  • The Pressure’s on for Procurement to be Faster and Simpler
    October 15, 2015

    Running a business is like weeding a garden – you have to be vigilant about complexity “sprouting up” in your organization. Many times “weeding” is left undone, and our organizations become overly complicated and slow. With the pressure on business,…

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  • 3 Steps for Preventing, “That’s Not Quite What I Had in Mind.”
    September 16, 2015

    It happens all too often on new projects. You’ve nailed down the project requirements, established a budget, and set a date for completion. Next, you identify the project team, assign roles, and conduct the kick-off meeting, and you’re off to…

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  • Spend Analytics Challenges?
    August 10, 2015

    Consider the “Carrot vs. the Stick” Approach to Compliance A spend analysis, when properly performed, can lead to insightful findings and sustained savings, and often can act as a catalyst to driving business decisions. A vast majority of organizations have…

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  • Overcoming Professional Services Sourcing Challenges
    July 21, 2015

    There are few categories in Corporate America that are harder for a procurement organization to influence and source than Professional Services. There are several reasons for this, not the least of which is that many of the negotiator/decision makers for…

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  • The Dangers of Getting AP Automation Wrong
    June 9, 2015

    Somehow, we went from being 15 minutes early to being 25 minutes late in the blink of an eye. Why? What happened here that caused such a drastic shift from a plane full of happy satisfied customers to a plane…

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  • Supplier Enablement: A Strategic Roadmap for Success
    May 15, 2015

    Supplier Enablement is a critical success factor for returning solid value on a Procure-to-Pay (P2P) investment. Along with Change Management initiatives to drive user adoption and compliance, Supplier Enablement is a key strategic ‘make or break’ activity by bringing most…

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