eProcurement & Procure-to-Pay Resources

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.

We are excited to announce that BuyerQuest has been featured as the cover story in the Procurement Edition of CIO Applications Magazine. The article, “Bringing a B2C User Experience to Corporate Procurement”, highlights our unique value proposition to large and small corporations alike, with our ability to transform the complex corporate buying process into a simplified, B2C-like shopping...

For the modern consumer, “smart technology” is regularly influencing their decision-making. A TV fan just finished binge watching an Emmy-nominated drama, and is suddenly presented with a group of show that may pique their interest. A person gets an email from their favorite online shopping site promoting items, almost all of which are of interest. How do they know? Cognitive computing is how.

Anyone who works in procurement knows that supplier payments can often be a cumbersome and disjointed process. Whether the business is large or small, this gray area between finance and procurement is often handled manually, costing time and resources, and making compliance challenging.

According to census analysis by the Pew Research Center, Millennials now make up one third of the work force, making them the largest share of the Amercian workforce. It is expected that by 2020, Millennials will be half of the workforce. This unique generation is on its way to becoming a dominant force both within and outside of their organizations.

  In Part I of this series on the role of PunchOut sites within the eProcurement context, we talked about the many reasons why suppliers embrace and prefer an organizational eProcurement strategy that is heavily reliant on PunchOut sites.  This makes sense insofar as these PunchOut sites drive higher revenue and margins for the supplier, and an upselling opportunity at check-out  that they fully...

We live in a time of enormous change for Supply Chains. In the last decade, we have seen massive technology shifts that have disrupted industries and redefined competitive market boundaries. While much of the focus on these shifts has largely centered around the move to cloud and the advancements being made in cognitive computing, there is one massive shift underway across the Supply Chain that,...

Mike Riordan, CPO for McDonald’s Corporation, and Jack Mulloy, CEO of BuyerQuest, presented to the Procurement Leaders community last week.  The topic was  “Bringing Change Across the Organization by Revolutionizing the User Approach”. Mike spoke about the complexities the indirect spend team faced within the McDonald’s organization due to McDonald’s unique corporate structure and autonomous...

What do the best software companies have in common? They know continuous improvement is key to success. They make innovation a core value. They constantly look for ways to make their customers more successful and improve the user experience.  Our founders created BuyerQuest to give organizations access to a Procure-to-Pay (P2P) approach that drives user adoption, enables suppliers, and boosts...

At BuyerQuest, we work with some of the largest companies and universities in the world. They know having a Procure-to-Pay (P2P) solution that provides flexibility and support is critical to operational success, user adoption and supplier participation. We firmly believe that the sum of all parts is greater than the whole. That’s why we pride ourselves on being customer-centric and flexible. From...