eProcurement & Procure-to-Pay Resources

Recent Posts

Why is Buying at Work So Complicated?

Posted by BuyerQuest on June 30, 2021 at 10:00 AM
Buyers for a company come in all shapes and sizes these days. The most common buyer would likely be the corporate buyer who manages and purchases for multiple categories daily. This person is an expert in navigating the company’s purchasing process since it’s their job. On the other hand, the line worker who needs to purchase a new part, or marketing representative who needs printing services,...
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What is the Procure-to-Pay Cycle (P2P)?

Posted by BuyerQuest on June 16, 2021 at 8:47 AM
P2P, B2C, B2B, and AP are just a few of the many acronyms that individuals just starting to research procurement and procurement technology may be exposed to and need to learn more about. As businesses move back to normal operations, these acronyms become important as the purchasing team begins to see opportunities to automate processes that have been historically manual and were revealed to have...
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Driving Value with BuyerQuest® Procure-to-Pay

Posted by BuyerQuest on May 21, 2021 at 9:15 AM
Recently the BuyerQuest team was able to participate in two procurement-focused events where we could share our experiences automating and streamlining the procure-to-pay process for leading companies. During these sessions, BuyerQuest discussed the internal and external pressures facing procurement professionals and the role that the BuyerQuest technology platform plays in addressing these...
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Treating your Internal Buyers as Customers to Drive User Adoption

Posted by BuyerQuest on May 7, 2021 at 2:45 PM
Purchasing is no longer a centralized process involving a team of buyers.  Everyone is a potential buyer at a company.  Whether it is purchasing Marketing services, buying a replacement part for a piece of machinery, or procuring a corporate laptop for a new employee, buying happens throughout the organization.  
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Scaling Procure-to-Pay Best Practices

Posted by BuyerQuest on March 10, 2021 at 9:00 AM
ProcureCon recently hosted their Indirect Virtual event. The 2-day online forum included industry luminaries from a variety of companies discussing topics around the broad topics of “Building Sustainability into the Core Mission of the Procurement Organization” and “Scaling Best-Practices with the Right Strategy and Architecture”. During the 2nd day of the event, Josh Volchko, Sr. Solutions...
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BuyerQuest Marketplace In Action

Posted by BuyerQuest on February 3, 2021 at 9:00 AM
Enterprise procure-to-pay technologies offer significant value to procurement organizations, but often fall short delivering a simple, user-friendly buying experience for casual users.  Leading businesses have realized this limitation and looked to marketplace technologies such as BuyerQuest for a seamlessly integrated, B2C-like interface for purchasing.  With little to no training, a casual user...
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Integrating BuyerQuest Marketplace - a Real-World Example

Posted by BuyerQuest on January 27, 2021 at 9:00 AM
For one business, the challenges of managing procurement across decentralized,  diverse business units, geographies and users became a challenge with their existing enterprise SRM system.  Like many businesses, the user group wanted a business to consumer buying experience when they made purchases at work.  Integrating BuyerQuest Marketplace with their existing requisition system was able to...
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Gartner Report: Strategic Planning: Assessing the Risk and Value of Procurement Applications

Posted by BuyerQuest on January 20, 2021 at 8:47 AM
As the new year begins, businesses are beginning to execute on their 2021 strategic plans. For many companies, this means applying the learnings of 2020 and the failures of manual processes during the pandemic. A key area of opportunity is the automation of procure-to-pay processes. Unfortunately, for many businesses, the pandemic has squeezed budgets and limited IT spending.
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5 Procurement Issues Marketplace Technology Can Solve

Posted by BuyerQuest on January 13, 2021 at 9:00 AM
Companies have invested millions of dollars over the years to automate processes, improve resource efficiency and eliminate paper. From HR to Manufacturing to Purchasing, the use of technology to reach these goals has had varied success. For companies that have struggled to achieve the goals of their original technology investment may be reluctant to consider the addition of more technology to...
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The Importance of Marketplace to Procure-to-Pay

Posted by BuyerQuest on January 6, 2021 at 9:00 AM
With each new year, the number of “buyers” at a business continues to grow. Whether it is a repair technician looking for a replacement part, a franchisee who needs paper for the printer, or a marketing coordinator buying print services, the purchasing function has expanded far beyond the corporate buyer. Procurement organizations have been adapting to this paradigm shift by acquiring advanced...
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