“Vendor Landscape: Supplier Risk and Performance Management” is an analyst report written by Duncan Jones. Enterprises struggle to manage the risk to their brands from suppliers’ mistakes. Your customers expect you to choose suppliers that are efficient, safe, secure, ethical, and legal — and to have robust processes to ensure that. However, few suppliers and […]

“Procurement Initiatives driving Business Performance” is a whitepaper. Many years ago, it was often said that in its primary role of interacting with suppliers, procurement worked on the ‘front lines’ of a business. But, while procurement continues to interact with suppliers, it has expanded its role dramatically over the past several decades. Procurement has moved

“The Forrester Wave: eProcurement, Q2 2017 – Zycus Named a Leader” is an analyst report. The latest research by Forrester Research, Inc., named The Forrester Wave: eProcurement, Q2 2017, evaluates 12 Procure-to-Pay vendors on 30 distinct criteria and provides a comprehensive analysis of the current solution marketplace. Zycus is cited for its “smart software behind

“The Procure to Pay playbook – Planning for eProcurement Success” is an eBook. This eBook highlights the strategies to plan e-procurement success. Procure-to-Pay benefits stem from streamlining purchasing workflow and automating procurement activities. Buyers can order products online platforms; purchases can be reviewed and approved electronically using sophisticated tools, and orders delivered to suppliers in

“The evolution of spend analysis and rise of big data” is a whitepaper by Zycus. Spend analysis has always had the attention of an organization’s top management since it has such a direct impact on the productivity of the organization, the cost of finished product, the quality of products/services, and the organization’s competitiveness. Today’s business

Supplier management building blocks are the foundational capabilities, processes, and data structures that an organization must have in place before advanced supplier management can be effective. They include a clean supplier master, a documented segmentation framework, baseline performance metrics, structured review processes, and the governance rules that define how supplier relationships are managed. Organizations that

“Driving collaboration through contract management” is a whitepaper. The contracting process has always been a major point of discontent between procurement and legal functions within an organization. The goals of the legal department to achieve control and compliance often clash with procurement’s objectives to build collaborative relationships with suppliers. This has become extremely pronounced now,

“Astute contract risk management: Best practices to mitigate risks” is a white paper. Contract management is one of the most significant phases of the procurement cycle as it can steer your entire procurement process in another direction. One of the fundamental aspects of contract management is managing the risks associated with contracts. Contract Risk, as

“Raising the grade on higher spending” is a whitepaper.

“5 steps to navigate from opportunities to saving” is a whitepaper.