Paving a Digital Road for Procurement in 2020

December 20, 2019By Mari StromBlog, Procurement

Procurement has seen rapid change within the enterprise, with the opportunity to become more strategic, collaborative and technology-driven. This momentum is expected to continue in 2020 and beyond with procurement as an important and integral function of an enterprise through digital technology. Innovation through digitization can be applied to procurement roles in order to increase … Read More

Data Analytics for Procurement Series: Calculating Outliers in Spend Data – Part 1

December 17, 2019By Bryn LouiseBlog

Data is everywhere and especially within Finance and Procurement. It is indispensable in tackling spend savings, contract management, supplier management, and compliance. The goal of our Data Analytics for Procurement blog series is to educate procurement teams on methods and best practices that can be leveraged with the vast quantities of information being generated by … Read More

3 Ways Small Procurement Teams Can Get Outsized Results

December 2, 2019By Mari StromBlog

What does your procurement department look like? Just a few staff? Only you? Or maybe it’s just one of the many revolving you carry. Whatever the case, it’s no secret that many procurement teams at small-to-enterprise sized businesses are quite small, underdeveloped, and far too busy. The Best Procurement Teams Are Shrinking A 2018 study … Read More

A Day in the Life of a Suplarian

November 8, 2019By Sonora HetrickBlog

At Suplari, our work culture is a point of pride for us. We believe work should be something you look forward to daily. To foster this belief, we have team events throughout the year to celebrate our amazing people and the effort they put into making Suplari a great product for our customers. A favorite … Read More

How Procurement Innovators Drive Outsized Savings

November 6, 2019By Niki ParekhBlog

The most innovative procurement teams in the industry are driving outsized results, achieving 1.5x greater savings per year than their peers, greater spend under management and better reputation across business stakeholders. Everest Group did a deep dive into the core drivers of success and discovered 6 distinctive drivers: innovation strategy, analytics adoption, strategic sourcing, risk … Read More

What Does the ScoutRFP Acquisition Mean for Procurement?

November 5, 2019By Niki ParekhBlog

Today, Workday announced the $540m acquisition of a procurement SaaS start-up called ScoutRFP which has created an easy to use request for proposal (RFP) tool for procurement teams. Using ScoutRFP, procurement teams and stakeholders across the business can email suppliers to compete for an opportunity at their enterprise. Scout created a pipeline product which allows procurement … Read More

Suplari Showcases Modern Spend Analytics and Supplier Management System at Workday Rising

October 14, 2019By Juliet LouwBlog

Suplari, the first AI-driven spend analytics and supplier management system for modern procurement will be a Workday Ventures exhibitor at Workday Rising. Workday Rising is Workday’s annual gathering of customers, prospective customers, partners, and employees that collaborate and learn how Workday helps organizations achieve their growth objectives and prepare for the future. This year’s Workday … Read More

Detecting Enterprise-wide Employee Spend Fraud is Easy with AI-powered Insights

October 7, 2019By Mirza AvdicBlog

One of our multi-national conglomerate customers had an interesting task they wished to tackle with Suplari’s help. Their Procurement team caught word that the company’s employees were charging multiple Amazon Prime memberships to their corporate credit cards. If true, this presented two potential problems to the company: There was untapped potential to negotiate and consolidate … Read More