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The Changing Face of Procurement

Mark Eating 0 789
Procurement is rapidly moving away from what was once a personality-centric function where senior procurement professionals did a lot of the work themselves, did a lot of the work manually, and did a lot of the work using mainly the knowledge they had amassed from years in the profession. But much has changed over the last few years. Today, the senior procurement leader is becoming much more focused on establishing standardised processes that enable and enforce good procurement practices, and on deploying technology tools that guide people on their team and throughout the wider organisation through those processes.

How to Squeeze Savings from the Most Fragmented 20% of Spend

Mark Eating 0 484
You work hard to manage your core areas of spend because that’s where the numbers are largest and savings are more quickly won. But are you taking advantage of the savings that can easily be squeezed from the tail-end of your spend? Tail-spend is often overlooked, but typically accounts for 80% of the supplier base and invoice volume. By proactively addressing this area, Procurement and Finance can deliver significant cost savings and efficiency gains.

UK’s Largest Supplier of Foreign Currency Selects PROACTIS

Mark Eating 0 481
PROACTIS, a global Spend Control and eProcurement solution provider, today announced First Rate Exchange Services, the UK's leading supplier of foreign currency to businesses in financial services, travel and tourism and the retail sector, has selected PROACTIS Purchase-to-Pay from PROACTIS reseller, Lake.
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