eProcurement & Procure-to-Pay Resources

How to Identify a Best-in-Class P2P Solution

Posted by Katie McEwen on March 1, 2020 at 9:10 AM
Finding the best Procure-to-Pay (P2P) solution to meet your organization’s needs and goals is no small feat. The ideal P2P solution will take the entire organization to the next level through improved realized savings, compliance, and operational efficiencies. So, how do you identify a best-in-class P2P solution? To start, I’ve outlined these must-have characteristics below.
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The Most Overlooked Procure-to-Pay Requirement

Posted by BuyerQuest on February 11, 2020 at 9:39 AM
In the early 1960s, renowned business psychologist, Harold Leavitt, developed what he referred to as a four-part, “Diamond” model for driving change in an organization. In the years since, that model has been consolidated to three primary focuses that many organizations still use today: 
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Beyond the Questions: What Your Procurement RFP Needs to Include

Posted by Evan McEwen on January 16, 2020 at 10:58 AM
The eProcurement and Procure-to-Pay (P2P) market is brimming with options, from best-in-breed to end-to-end solutions. So, how do you identify the best fit for your organization? A comprehensive, calculated Request for Proposal (RFP) is mission critical to selecting the ideal solution for long-term success. In fact, your team might spend hours drafting each question with purpose. The number of...
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3 Steps to Building a Needs-Based RFP for Procurement

Posted by Evan McEwen on December 5, 2019 at 11:01 AM
The cold, hard truth: the Request for Proposal (RFP) process for any procurement solution is demanding, often overwhelming and lengthy. From identifying vendors to drafting and formatting all documents to scoring answers, your team will invest a ton of time and energy into the final decision. The silver lining? Companies that adhere to a regimented, strategic RFP process are more likely to find...
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All-In-One vs Best-In-Class

Posted by BuyerQuest on November 26, 2019 at 9:53 AM
So many organizations that select an all-in-one, Source to Pay solutions (which typically go 30,000 feet wide and about a half inch deep) are frustrated with the cumbersome purchasing interface that only a procurement professional could understand.
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How To Jumpstart Your Search for a New eProcurement Solution

Posted by Evan McEwen on November 19, 2019 at 11:04 AM
Your organization has decided it’s time for a new eProcurement system or a full procure-to-pay solution. Before sending a request for proposal (RFP), you must comb through the never-ending list of vendor choices. It takes a great amount of time, effort, and due diligence to trim your list of vendors down to the six or eight top contenders. But don’t worry; there are resources to guide you....
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eProcurement - Take back control

Posted by Jack Mulloy on September 17, 2019 at 1:30 PM
Procurement teams everywhere should read (and reread) the front page article in today’s WSJ, entitled “Amazon Changed Search Algorithm in Ways That Boost Its Own Products”. The article discusses how Amazon “has adjusted its product search system to more prominently feature listings that are more profitable (for Amazon)” by “ranking listings so that instead of showing customers the most-relevant...
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BuyerQuest and The Magic Quadrant

Posted by BuyerQuest on August 5, 2019 at 11:55 AM
BuyerQuest is honored to be recognized in the latest edition of Gartner’s Magic Quadrant for Procure-to-Pay Suites report.  This is further validation of the success that BuyerQuest is having with both enterprise and mid-market companies.  
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Jack Mulloy Featured in Latest Tradeshift Apps Insider Article

Posted by BuyerQuest on July 12, 2019 at 9:25 AM
In a wide-ranging discussion on the e-procurement landscape, Jack Mulloy, CEO of BuyerQuest, shared his 20 years’ of experience and views on current and future trends in the procurement landscape with James Hayward, Tradeshift’s Editorial Manager.
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BuyerQuest Receives High Commendation at 2019 World Procurement Awards

Posted by Sally Fahrenholz on May 20, 2019 at 11:10 AM
BuyerQuest, a leader in cloud-based spend management software, announced today that they have been awarded a High Commendation for the P2P Specialist Provider Award at the 2019 World Procurement Awards sponsored by the Procurement Leaders industry group.
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