Articles
Articles about e-procurement, spend visibility, growing revenues, the future of procurement and more
10 Things to have in place to transform your tail spend
Tackling Tail Spend is not a quick and easy challenge. It takes perseverance and commitment to hunt down the data, challenge silo approaches, change embedded habits and lock in process improvements and savings. Don’t expect too many quick wins, but the prize is great enough – provided you have a Can Do approach.
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Cloud based Procurement Automation – The Opportunities are Endless
Does your organisation struggle with its traditional procurement software?
Many businesses do. I speak to many Procurement Professionals on a regular basis and it’s apparent that an increasing number of companies are finding their procurement software is no longer fit for purpose.
Consider these points for a moment…
Procurement Data
With advanced technological advancements storing and generating data from suppliers and customers has never been easier. For the procurement department, which works with many different suppliers, a large range of data will be produced. Capturing and analysing this data properly is crucial if procurement departments want to monitor their effectiveness and improve efficiency.
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The Challenges of Traditional Procurement Process
A traditional procurement process is characterised by manual events , including many small and repetitive tasks. This article discusses how automation affects these traditional processes
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Claritum selected as one of the 20 Most Promising Supply Chain Tech Solution Providers 2016 by CIOReview
“We take pride in ourselves to announce Claritum as one among the 20 Most Promising Supply Chain Tech Solution Providers 2016,” said Jeevan George, Managing Editor of CIOReview. “Claritum offers a range of additional services, which gives clients the option to enhance...
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Are you ready to digitize your procurement operation? 4 reasons to stop using manual processes
Are you still using manual procurement processes for raising orders, ordering goods and reconciling invoices? Most companies we speak to are considering digitizing their procurement operation in some way.
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5 Reasons to Tackle Tail Spend
The traditional view of procurement, promoted by large consultancies, is to focus on managing the top 80% of spend and ignore the 20% of spend in the tail. The argument for ignoring spend is that there are few opportunities for savings. However, as "sourcing doctor"...
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Claritum named as a Provider to Watch 2016 by Spend Matters
We are delighted to be listed as a 2016 Provider to Watch by Spend Matters. At Claritum, we’re focussed on helping clients gaining visibility and control of their tail spend, and Spend Matters have recognised our innovative cloud based platform. We’re looking forward to another successful year.
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Category-Specific Workflows
Product and Service categories with different workflow steps can now be configured, with mandatory steps, optional steps and the ability to require notes and/or attachments for each step. Key for highly compliant procurement environments. Align workflow to your...
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5 signs you have a tail spend problem
Do you have a Tail Spend problem? This article covers 5 signs that indicate you could have a tail spend problem.
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5 things you need to automate procurement
The goal of automation in procurement should be to speed up processes and free employees from repetitive time consuming admin. This will enable staff to focus on higher value tasks.
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The impact of Cloud based Procurement in 2016 and beyond
As 2016 kicks off it’s worth taking a looking at the technologies that are continuing to disrupt the traditional procurement space. For procurement professionals and forward thinking procurement service providers, staying ahead of technology is critical to achieving...
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Make 2016 a year of growth
We all like to start the New Year with good intentions and aspirations about what we will achieve during the coming year. If you intend to make 2016 a year in which you grow your business here are a few ideas that might help.
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A list of the best procurement blogs
Keeping up to date with constant change is one of the challenges of being a procurement professional. Fortunately there are some great procurement blogs and resources out there to help you stay up to date with all the latest ideas and innovations.
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How the cloud is helping CPO’s Save Millions in Tail Spend
In procurement circles, it is widely accepted that the Pareto Principle holds true. 80% of a companies spend touches just 20% of suppliers. Conversely, 20% of a company's annual spend is with 80% of the supplier base. Naturally, when companies are looking for cost...
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