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May 25, 2017

May Determinews: The month in source to pay and contract management

May Determinews: The month in source to pay and contract management

“All things seem possible in May.”

In the world of procurement, that quote by Edwin Way Teale wasn’t far off the mark. CPO Rising 2017: Tools of the Trade was a big focus this month. In this year’s report, the first to really take a technology angle, there was so much to cover we had to parse it out into four chapters. A lot of revelations, chief among them is that procurement leaders are much less focused on spend under management and much more interested in what we call Process Under Management. Pure logic: get your processes in shape and efficient, and other benchmarks will follow.

As always, please feel free to contact me with any comments and suggestions of content you’d like to see at scb@determine.com

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May 23, 2017

Procurement’s role: Making it easy for the business to do business.

Procurement’s role: Making it easy for the business to do business.

The podcast series that’s all about minding your business in contract management and source to pay.

When it comes to procurement and technology, getting the practitioner’s perspective first-hand adds considerable practical dimension and insight to our learning and messaging. In that regard, my conversation with Greg Tennyson, CPO at VSP Global (formerly at Salesforce.com and Oracle) was a trove of information and a revealing glimpse into how a CPO thinks about shaping procurement today. Since Greg will be our featured guest in our webinar tomorrow at 11 AM ET with Ardent Partners digging into their new report CPO Rising 2017: Tools of the Trade, this podcast is a great intro to what will be an important webinar.

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May 18, 2017

Empowering procurement through Platformance: Part 4 of 4

Empowering procurement through Platformance: Part 4 of 4

A look at CPO Rising 2017: Tools of the Trade

Chapters One, Two and Three of CPO Rising 2017: Tools of the Trade covered a lot of ground, from the current state of procurement to the CPO mindset and what best-in-class organizations are doing differently. Chapter Four – Strategies for Success, the final chapter of the report, gives you hard and fast advice and strategies for taking your procurement organization to the next level, and beyond. Take notes.

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May 16, 2017

Empowering procurement through Platformance: Part 3 of 4

Empowering procurement through Platformance: Part 3 of 4

A look at CPO Rising 2017: Tools of the Trade

In Chapters One and Two of CPO Rising 2017: Tools of the Trade, we looked at the current states of the CPO and procurement as a whole — what leaders are thinking and doing, and why. Chapter Three – Procurement Performance – delves into those strategies in more detail, offering up best-practice benchmarks for technology, processes and performance from leading CPOs and organizations worldwide.

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May 10, 2017

Empowering procurement through Platformance: Part 2 of 4

Empowering procurement through Platformance: Part 2 of 4

A look at CPO Rising 2017: Tools of the Trade

In my previous post, Chapter One of CPO Rising 2017: Tools of the Trade, we looked at the current state of the CPO and procurement leaders, the shifting priorities they have and the strategies they’re using – or plan to use – to achieve them. This time, Chapter Two looks more broadly at the state of procurement as a whole – where it is, where it needs to be and what is standing in the way.

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