Penny wise, pound foolish
Deployment of procure-to-pay (P2P) tools renders clarity in a firm’s procurement process, spend structure and supports fact based decisions and actions. A non-differential approach to...
Becoming a Customer of Choice
Are you recognized by your suppliers as a Customer of Choice? What does in mean to be a Customer of Choice and why is important?...
Strategic advantage through superior supplier management
Contracts are the foundation of every commercial relationship and they need to be managed throughout their full life cycle. Without robust governance 30% of contract...
Simpler governance for complex organisations
The greatest brands make life simple. Think Google, Amazon, Spotify and Netflix. They cut through the clutter by delivering what consumers want, when they want...
An introduction to soft controls
If you’ve been following some of the recent trends for governance and risk management, then the topic of soft controls will be something you’re familiar...
The cost of a contract
Organizations are becoming increasingly aware of the value of their third party contracts and with that they also put more focus on contract lifecycle management....
Getting to know smart contracts
We read and hear more and more about smart contracts. It’s a hot topic and they are one of the big ideas in contract lifecycle...
Measure what matters!
Over the years a lot has been said and written about the use of performance metrics in sourcing relationships. Everyone understands that metrics need to...
Choosing the right sourcing model
When looking to create a new sourcing relationship, there are many elements to consider and many organizations ask themselves: “which model is most appropriate for...
Why spreadsheets won’t cut it.
Spreadsheet are used by many organizations to manage their sourcing contracts and supplier relationships. They are often seen as a quick solution to manage the...