Daniel Graversen’s Post

🌐 NetSuite Procurement Features 🌐 Save time with easy-to-use automation capabilities, reduce costs by channeling purchases to approved suppliers and pre-negotiated contracts and improve visibility via real-time insights into company spend and vendor performance. Source Management Sourcing management equips employees with the tools to select vendors able to supply the quality of goods you expect at the price you need to maximize profits. Purchase Management Tracking purchases is an important step in maintaining inventory. Knowing what’s on order, in what quantities and when goods will be received makes it easier to optimize inventory levels. Invoice Processing Effectively manage vendor payments by automating receipt of ordered items, processing bills and planning payments in a timely manner. Vendor Management Centrally manage all aspects of your vendor relations. NetSuite vendor management simplifies supplier communication and vendor performance. #NetSuite #ThreadgoldConsulting #Procurement #Business #Management #Industry #Singapore

Negotiating against SAP, Infor and Oracle is challenging. Unless you have a strategy for prioritizing what is important to you in the contract negotiation process and a strategy for asking for it, you are doing yourself a disservice. In this video, I discuss strategies for dealing with large software vendors. #digitaltransformation #sapcontracts #oraclecontracts #inforcontracts

Facing challenges to optimize costs in procurement due to limited vendor visibility? Gain deep vendor insights for timely, cost-effective product sourcing with Oracle NetSuite! As a procurement officer, the responsibility of getting the products when you need them at the best price is often put on your shoulder. Rest assured, Oracle NetSuite is here to lift the burden. With NetSuite Procurement, you can: ✅Save time and enhance accuracy by seamlessly linking procurement transactions with vendor records, goods receipts, and billing documents. ✅Centrally manage vendors and the entire procurement process and gain real-time visibility into company spend and vendor performance. Let our cloud-transformation stewards help you control spending by effectively managing vendor relationships through Oracle NetSuite. Book a FREE consultation with us at marketing@direccloudsolutions.com or 0927 234 1961. #BizAtBestDIRECtion #IntelligentSolutions #BusinessGrowth #BusinessIntelligence #NetSuiteProcurement #CloudERPforRetail

IT and indirect procurement currently lacks resources, yet is facing increased demands. Vertice is seeing the following key issues facing SaaS procurement: 1. Managing too many contracts, resulting in sign-off on low-value contracts without negotiation, in large organisations this often represents overpaying by hundreds of thousands. 2. Lack of accurate benchmark data: 55% of SaaS vendors don't disclose list prices, resulting in overpayment despite the discount achieved during negotiations. Is there any you would add? #SaaS #procurement #software

SAPers! I’ve been a busy boy today and have completely forgotten my #saptipfriday So here it is. Better late than never! Business partners can be confusing if you’re used to vendor masters. If you work for a company that keep their supplier numbers and associated business partner numbers separate, use table IBPSUPPLIER to find the link. #saptips #saphints

Are you struggling with user or supplier adoption well after you’ve deployed Ariba? That’s not an unusual scenario, because there is an important post-Go-Live phase called Adoption and Stabilization that many companies don’t take seriously. During that time, there are some Best Practices that should be followed to ensure the success of your new Ariba procurement system. Here are 6 ways to avoid post-deployment failures.

"Strategies for Successful Vendor Relationships" - https://lnkd.in/es92Z6VD #LucidTracBlog #VendorManagement #BusinessPartnerships #SupplyChainManagement #ProcurementStrategies #BestPractices

"Strategies for Successful Vendor Relationships" - https://lnkd.in/eikhwKVg #LucidTracBlog #VendorManagement #BusinessPartnerships #SupplyChainManagement #ProcurementStrategies #BestPractices

Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. But we also endeavor to grow our understanding of the wants and needs of the customers using that tech – the practitioners. In this series of interviews we are talking to vendors about what their customers really want from them and how they are proposing to address those needs. Today we speak with Baber Farooq, Senior Vice President and Head of Market Strategy for SAP Procurement Solutions The post The Market Speaks: Procurement practitioner requirements and the tech vendor response — SAP appeared first on Spend Matters.

Suppliers and vendors are the ones who play a significant role in the establishment of a #trustworthy, #reliable, and #positive reputation for an enterprise, which is their #business partner. Let us elucidate a few perspectives regarding this approach for a feasible relationship between vendors and suppliers - https://lnkd.in/gvmS5u_h #proiuvo #sap #suppliers #vendors #blog #blogpost #relationships