X
Software Functionality Revealed in Detail
We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.
Get free sample report

Compare Software Solutions
Visit the TEC store to compare leading software solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
Compare Now
 

 contract negotiating benchmarking procurement


Procurement: A Strategic Lever for Bottom-line Improvement
Companies are successfully realizing benefits from their procurement initiatives, and viewing procurement as an integral part of their overall corporate

contract negotiating benchmarking procurement  Improve financial controls and contract compliance Even after selecting the best suppliers, negotiating the optimal contract, and improving supplier information, companies can still miss the opportunity to realize hard dollar savings. To fully achieve bottom line benefits, buyers need to buy against contracts quickly and easily and companies need to control spend activity through a procurement tool. These steps allow greater visibility into contract compliance and purchasing patterns. Doing Procurement

Read More


Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

E-procurement RFI/RFP Template

Buying Entity Features, Selling Entity Features, Consulting services, Marketplace, Asset Management, Product Technology  

Evaluate Now

Documents related to » contract negotiating benchmarking procurement

Beyond Boundaries: A New Role for Finance in Driving Business Collaboration


The current global economic instability means firms have to quickly adapt to business conditions. This uncertainty may increase companies’ reliance on business alliances to provide as-needed skills, services, and products. To optimize these alliances, finance should enter the discussion as early as possible. Find out where finance’s true value lies when realigning strategic objectives to include business collaboration.

contract negotiating benchmarking procurement   Read More

Upside Software Remains on the Upside of the Contract Management Market


My recent article entitled “Why Should Enterprises Manage their Contracts Closely?” analyzed the importance of enterprise-wide contract lifecycle management (CLM) solutions and stated that many enterprises still use inappropriate makeshift tools to manage their important contractual terms and conditions. The article concluded with the fact that enterprise resource planning

contract negotiating benchmarking procurement   Read More

Negotiating the Best Software Deal


TechnologyEvaluation.COM analysts have separated the software negotiation process into three discrete categories. All three are critical individually, yet should always be pursued within the context of the larger discussion.

contract negotiating benchmarking procurement   Read More

New Dimensions in EC and SCM Part 4: Using E-Procurement to Leverage Volume


A straightforward way to drive prices down and obtain increased supplier attention is to leverage total purchasing volume through Internet-based auctions. This part addresses the implications of using e-procurement to Leverage Volume, including leveraging volume through outsourcing.

contract negotiating benchmarking procurement   Read More

Oracle Fusion Procurement: The New Standard for Supply Management


Using technology to improve procurements is not new. Unfortunately, conventional approaches have treated analytics as a discrete discipline, required extensive investment in end-­user training, and failed to account for the real-­world challenges of business interruptions. Oracle Fusion Procurement is different. It drives results by providing unprecedented insight to all users. Its revolutionary approach to business intelligence and process automation sets the new standard and fundamentally changes the way procurement professionals work. Download the data sheet and get the product’s key features.

contract negotiating benchmarking procurement   Read More

Enabling Profitable Growth through Procurement: Transforming the Sourcing and Procurement Organization


Historically, sourcing and procurement companies have been concerned mainly with reducing costs and ensuring supply availability and quality. However, this is changing. Savvy businesses are moving beyond traditional sourcing and procurement goals, and looking to the procurement company to drive competitive advantage and deliver value. Discover the sourcing strategy tricks some successful companies are using.

contract negotiating benchmarking procurement   Read More

What Does the Modern Procurement Organization Look Like?


Modern procurement executives are business driven and technology powered, making them valuable strategic business partners to the entire organization. Learn about the five key qualities that define a successful modern procurement organization.

contract negotiating benchmarking procurement   Read More

Software Evaluation, Selection, and Procurement Part Two: Recommendations for Improvement


Pursuing an alternative strategy for software evaluation and selection, based on the capital investment paradigm and the principles outlined in this article, is an effective method to mitigate implementation risk.

contract negotiating benchmarking procurement   Read More

Software Evaluation, Selection, and Contract Negotiation


Most articles about the pitfalls of software implementation projects highlight the mistakes made during implementation. Examples include poor project management, scope creep, uncommitted users, or lack of an executive sponsor. All of these areas of focus are valid, but often we forget that before starting the implementation, somehow we had to choose a package and sign a contract.

contract negotiating benchmarking procurement   Read More

New Dimensions in EC and SCM Part 5: E-Procurement for Process Improvement


From point-and-click ordering using Web-based catalogs of individual suppliers, to marketplaces that bring together in one place the products or services offered by multiple suppliers, to live auctions that determine the lowest-price bidder — there is a wide range of new e-procurement methods and tools to help businesses buy goods and services better, faster, and cheaper.

contract negotiating benchmarking procurement   Read More