Resource Library for Procurement & Finance
Stay current on the latest trends and technology for artificial intelligence in procurement & finance
Learn how Suplari customers are applying AI to transform their procurement process
Deepen your understanding of AI for procurement - enjoy the convenience of on-demand webinar content
eBooks are a great place to begin your relationship with Suplari. Suplari strives to provide high-quality business guidance and informational materials that inform and educate. We offer a wide variety of content themes for procurement and finance specializing in those central to applications of AI & machine learning technology. You’ll find research studies on high-level economic trends influencing procurement strategy to tactical guides for digital transformation detailing ways to optimize enterprise spend management. Please browse our eBook library, freely download and share with your colleagues.
Suplari Blog: Stay Current on the Latest in Procurement Technology
Executive Insights Companies are aggressively looking for tactics to reduce costs and unlock savings on all their indirect and direct purchases and to more effectively manage their cash flow in procurement. Declining market demand and over-capacity is driving finished product manufacturers to put price pressure on their suppliers. They too must then re-negotiate contracts with … Read MoreRead More
Suplari has been recognized by Spend Matters as one of the fast-rising and most promising “50 to Watch” procurement providers for 2020. Independently selected by Spend Matters analysts based on growth, innovation, tech capabilities, and solution delivery — Suplari is most certainly a company worth watching!Read More
Now more than ever, companies need actionable insights from their data to improve performance in every part of the organization and to help weather Covid-19 and all its economic impacts.Read More
In the last blog post, I described two rules: the empirical and IQR rules, that could be used to calculate outliers. However, those rules were only valid with normally distributed data. Spend data is rarely normally distributed and is typically right-skewed. This means it has many small transactions and few large transactions like figure (1) … Read MoreRead More
Managing cash flow, finding savings, and enforcing new spend policies are top of mind for most CFOs right now. With no end in sight to the coronavirus crisis (yet), procurement teams must prepare now for a recession. Their big challenge is to determine what should be prioritized to maximize results. Suplari is reacting quickly to customer requests to deliver fully automated insights from a customers existing ERP and financial data that identify opportunities to conserve cash, avoid large payments, negotiate better terms, and enforce new policies.Read More
As the Head of our Customer Success team at Suplari, I have the privilege of speaking with many of our current clients each week, even in this crisis. In the past month or so we have all seen a sudden shift in business priorities. The normal flow of strategic sourcing, long term supplier negotiations, and … Read MoreRead More
Procurement leaders must urgently spearhead a campaign to help their businesses endure the coronavirus recession and lay a solid foundation that maximizes future business opportunities. This article outlines how procurement teams can formulate effective Cash Management, Supplier Management, Risk Management, and Spend Management Strategies that help mitigate the effects of this (or any future) crisis. … Read MoreRead More
Procurement leaders have a unique opportunity to play a proactive role in managing risk and reducing spend to help provide much needed flexibility in this time of high uncertainty. At Suplari, we’re ready to help support procurement and finance teams as they strive to come out of this crisis stronger than ever.Read More
Recently Greg published a thought piece called “Spend Visualization” as a [wake-up call] for the procurement industry to the importance of data in making strategic decision and his recommendation on how to aggregate, cleanse, analyze and train your team on using decisions to drive insights and actions.Read More
As global demand continues to drop for many goods and services, fears of a worldwide slowdown and a “coronavirus recession” loom large over corporate leaders. Chief Financial Officers (CFO’s) are scrambling to do sensitivity analyses to understand their profit outlooks and cash needs. Procurement and sourcing teams can play a significant role in reducing supplier spend and improving cash flow by using spend analysis to leverage data in the ERP, contract management, and procure-to-pay systemsRead More
Suplari’s leadership team is meeting every day to assess the growing business and personal challenges we’re all encountering with the spread of the COVID-19 virus.Read More
As the business environment begins to contract due to the coronavirus recession, procurement teams have an opportunity to save the day – delivering spend reductions that avoid painful layoffs and help their companies to weather the storm.Read More
In Part 5 of this series, we examine how Best-of-Breed solutions help improve the quality, efficiency, and value small teams bring to their organizations. For more information, read our post 3 Ways Small Procurement Teams Can Get Outsize Results. Introduction Smaller finance and procurement teams at small to midsize organizations are the most likely to … Read MoreRead More
In Part 4 of this series we look at how leveraging the power of data and AI gives CEOs, CPOs, CFOs, and COOs the ability to gain a better understanding of what their data means and how it can guide their strategy and vision. The Power Of Data & Machine Learning Too few businesses recognize … Read MoreRead More
In Part 2 of this series, we looked at 7 ways Best-of-Breed solutions benefit procurement teams. In Part III, we examine how these solutions make CPOs and other C-Suite executives’ lives easier and provide the effective tools necessary to focus more on big-picture strategy. Introduction CPOs and other corporate leaders understand the importance of having … Read MoreRead More
Plans & Tactics to Recession-Proof the Enterprise
A Survey of Procurement & Finance Professionals
Procurement & Finance Events
The best way to keep up to date on the latest technologies and digital trends is by attending trade shows and networking with other professionals looking to solve the same challenges. To help, we’ve compiled a list of top procurement trade shows and conferences happening in North America in 2019.
Discover hours of detailed and engageing on-demand webinar content covering a range of helpful topics such as; customer stories, metrics, best practices and business guidance to help answer these questions and more:
- How to gain control of spend blind spots, suppliers activity and contracts renewal – when we still struggle with messy data, broken across systems?
- What are the target savings benchmarks to aim for and how to find enough opportunities to confidently hit our savings goals?
- Can I get my team out of data fixing and report crunching tasks, so they find more time to focus on decisions, relationships and value creation?
- How can we better align procurement, finance and all up company’s priorities, to drive strategic impact and move the business forward?
Customers from large Fortune 500 to mid-size enterprises have worked with our dedicated success team to get up and running quickly – from rehabilitating their fragmented data to capturing cost savings. With Suplari, category managers, buyers, auditors, financial analysts and anyone with budget responsibility become catalysts of value creation in the spend-accountable enterprise.