ProcurePulse March 2021

ProcurePulse March 2021 edition explores some useful articles published on leading websites in the past few weeks in the Source-to-pay domain, including Aavenir: Monthly Roundup.

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Sourcing and Procurement
Contract Management
Accounts Payable
Obligation Management
RFX Management

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ProcurePulse March 2021

Ideas and Resources to Reshape The Future of Procurements

March is National Procurement month, and that means it is time to celebrate the purchasing profession! Please know that we celebrate the difference that procurement makes daily within your organization.

This is an opportunity to take time to thank those involved in procurement activities in your organization and educate others on the value that procurement brings on the table. In honor of National Procurement Month, we hope you enjoy reading these popular articles published this month that capture the essence of a procurement profession.

Sourcing and Procurement

What role can procurement play in freeing up cash? | Spend Matters

Learn how business leaders are prioritizing to free up cash and better manage their liquidity position by deeper visibility into their supply networks.

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Transforming Source-to-pay on ServiceNow

Address key challenges of adopting Source-to-Pay solutions for your business and learn why you should bring Aavenir Source-to-Pay solutions on ServiceNow.

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Managing Procurement Risk: Enterprise Agility for a Changing World | HBR

The global pandemic has highlighted just how critical strategic sourcing, contract management, and procurement are for managing risk and creating competitive advantage.

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Contract Management

Optimizing Contract Management in Retail Business | Aavenir

Know how retailers can link their current challenges in contract management processes with an effective contract management program.

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Contract Management for Cyber Security | Aavenir

Why Cybersecurity Must Be Priority for Contract Managers? Learn how Contract Management Solution can help.

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6 Shifts to Build a More Flexible, Resilient Legal Department | Gartner

Legal departments must flex in six key ways to ensure they provide cogent, timely guidance to business on legal, ethical actions. Discover how to build a more flexible, resilient legal department.

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Invoice and Payments

Steps to Implement AP Automation in Your Organization | Aavenir

Learn how to devise a road map for AP Automation and improvements in your AP processes by using an AP Maturity Model.

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What Are The 4 Big Challenges With Analyzing Unstructured Invoice Data? | Aavenir

For finance teams, the move away from physical workplaces highlighted the impracticality of continuing with manual accounts payable for SMEs. Read how SMEs think more strategically about their long-term work processes.

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Solving Accounts Payable Biggest Challenge With Automated Invoice Extraction | Aavenir

Learn how Invoice Data Extraction can help AP in automating invoice scanning, processing and reduce time, effort, and cost spent in manual data entry.

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