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Article — 3 min read

From Amsterdam With Love: Insights From Digital Procurement World 2019

You’d have to have a stone heart and the ability to block out the left half of your brain not to come out of DPW feeling hugely inspired and energised about all the cool tech stuff going on and transforming procurement at the moment. I loved the diversity of ProcureTECH providers at DPW. Too often […]

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Article — 1.5 min read

Spend Matters SolutionMap Q1 2019 – SRM and Risk: a good start to the year!

Q1 2019 is already drawing to a close (if you can quite believe it – where does the time go?), and that means it’s time to dive into the latest Supplier Relationship Management (SRM) and Risk SolutionMap from Spend Matters. Truth be told, not a huge amount has changed since the last SolutionMap was released […]

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Article — 1.5 min read

The Digital Revolution in Procurement

Don’t you just love positive surprises? This might be harsh, but I imagine many people would be surprised if they learned that a small national grid operator had hired engineers, data geeks and software scientists into their procurement team. The reason for this? To empower and allow them to spend 20% of their time working […]

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Article — 6 min read

W-9 vs W-8: What’s the Difference Between W9 and W8 Tax ID Forms?

Organizations operating in the United States need to have accurate tax ID information in order to report income that is paid to their suppliers. This process of data collection applies to companies based in both the US and abroad, if they have operations in the US. It is essential to store accurate W-series tax ID […]

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Article — 4.5 min read

Have You Got the Talent to Survive the AI Revolution?

Procurement professionals will need to learn new, advanced skills to stay relevant when low-level tasks become increasingly automated. Early adopters who seize the opportunities of artificial intelligence (AI) are likely to generate real value for their company, but will they also risk half of their procurement team becoming obsolete? Worse still, will their own role […]

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Article — 4.5 min read

Getting to Work: Where AI Can Make a Difference

In this article, experts identify which steps in the procurement process are most likely to benefit from the AI revolution. Data-driven decisions One of the main uses for artificial intelligence in procurement is to meld internal and external data to provide enhanced supplier risk management software solutions. “AI is fantastic at finding patterns and correlations,” […]

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