Insights by Nitor

Nitor CONNECT Now Available for Purchase on SAP® App Center

Posted by Sean Sollitto on Jul 13, 2020 9:46:50 AM

Nitor CONNECT integrates SAP Ariba® and Microsoft Teams to create a hub for team collaboration, communication and document storage. Nitor CONNECT streamlines chats, training materials and files to create efficiency and support compliance in the source-to-settle process.

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Topics: supply chain management, procure to pay, eprocurement, SAP Ariba

Nitor CONNECT: Team Up with SAP Ariba and Microsoft Teams

Posted by Paul Recchia on Jun 1, 2020 7:58:41 AM

SAP Ariba is a powerful procurement tool.  Microsoft Teams is an easy to use collaboration tool. Together, they create a unified and efficient environment to streamline the requisition process.  That’s right, SAP Ariba and Microsoft Teams have been seamlessly integrated to streamline your collaboration and communications. Introducing Nitor CONNECT. 

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Topics: procure to pay, eprocurement, procurement technology, SAP Ariba

Selecting an S2P Technology - Part II: Go To Market

Posted by James Fiore on May 19, 2020 12:36:45 PM

In our previous blog, Selecting a S2P Technology Part I – Requirement Gathering, we discussed the steps necessary to gather your requirements and prepare your RFP documentation for a Source-to-Pay (S2P) Technology. In Part II of our blog, we will explore how to go to market for a S2P Technology solution.

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Topics: procurement consulting, eprocurement, procurement technology, procurement transformation

Optimizing Procurement Technology to Drive ROI

Posted by Paul Recchia on Feb 10, 2020 10:03:48 AM

Ask any master woodworker what the most important skill is in woodworking. The answer won’t have anything to do with saws, chisels, or hand planes. It won’t be about design, planning, or building. The most important skill is fixing their mistakes. Master woodworkers will saw outside their line, they’ll have an errant hit with a chisel, they’ll ding the corner of their piece. They all make mistakes. Great woodworkers, however, know how to fix their mistakes.

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Topics: procure to pay, procurement consulting, eprocurement, procurement technology

Increasing Supplier Adoption of Your S2P Solution

Posted by Jenna Sandusky on Oct 9, 2019 5:30:42 PM

Congratulations! Your company has made the decision to streamline and simplify the way they do business by investing in a source-to-pay (S2P) software solution.

Now, how do you get your suppliers to adopt the idea of transacting electronically? This S2P implementation impacts more than just your company; if your suppliers are not onboard with this change, it could create a strain on your relationships and negatively impact the bottom line.

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Topics: procurement consulting, eprocurement, procurement change management, procurement technology, procurement transformation

Preparing for a S2P Deployment

Posted by Molly Wilson on Sep 4, 2019 12:45:50 PM

Source-to-Pay (S2P) deployment projects are a large undertaking for any organization. These initiatives require a large resource investment, so there are high expectations on value delivery. There can be pressure to complete the project quickly leading many organizations to dive right into the deployment, which can cause challenges and risks to project delivery.

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Topics: procure to pay, procurement consulting, eprocurement, procurement technology

The Public Perception Challenge Of Public Procurement

Posted by Ryan Walicki on Aug 12, 2019 12:10:18 PM

The U.S. Department of Defense has pressed the pause button on its search for a cloud computing vendor.

Earlier this month reports in NPR said only a few weeks before the government was slated to announce the winner of a 10-year, $10 billion cloud computing Project under Project Joint Enterprise Defense Infrastructure (Project JEDI), newly-appointed Defense Secretary Mark Esper decided to halt and review the process.

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Topics: eprocurement, procurement technology, public sector procurement

Nitor and Ivalua Join Forces to Successfully Launch eMaryland Marketplace Advantage

Posted by Jaideep Mulchandani on Jul 29, 2019 9:10:52 AM

Nitor, the leader in source-to-pay transformation, and Ivalua, a leading provider of global Spend Management Cloud Solutions, announced the successful launch of the Maryland Department of General Services’ new e-procurement system, eMaryland Marketplace Advantage (eMMA), which deployed on schedule and on budget.

eMMA is state-of-the-art procurement technology powered by the Ivalua Platform, a global leader in procurement technology. When fully implemented, eMMA will allow buyers to collaborate with vendors from the bidding and contracting process all the way through the purchasing process. The initiative is intended to drive transparency, quality, and compliance in state procurement and improve the overall experience for all stakeholders.

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Topics: eprocurement, public sector procurement

Finding Your Procurement Software Implementation Partner

Posted by Sean Sollitto on Jun 18, 2019 9:48:55 AM

You secured the budget, obtained leadership endorsement, purchased your procurement software, and are ready to implement. Then it hits you – there is no way we can do this on our own! If that sounds like you…you are not alone. In fact, the vast majority of companies preparing to implement procurement automation software have correctly realized they need the help of an experienced, certified software implementation partner.

The journey is full of challenges, some you may not know exist. Software providers do the best they can during the sales cycle to prepare you, but the reality is, there is just too much to know. It can feel overwhelming to look at an 8 – 18 month project plan with more than six workstreams. Planning your team’s resource utilization, understanding how each workstream ties into the others and connecting dependencies – HELP!

It’s time to reach out for help and find an implementation partner. Here are some ideas of what to look for when selecting a partner.

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Topics: eprocurement, procurement change management, procurement technology, procurement transformation, invoice automation

Where are you on your Procurement Maturity Journey?

Posted by James Fiore on Jan 9, 2019 9:59:09 AM

Just like people, Procurement organizations are at different points on their continuous improvement journey. People rely on friends, classes, self-help books, mentors, and family to help them identify opportunities for growth and improvement. Where would a Procurement organization go to help them identify opportunities and actions required to continue on their journey? 

Some companies use industry benchmarks and roundtables, or work with peers at other companies to see how they compare. But what does that really provide? A couple of data points that tell them they could be better. That probably isn’t breaking news if the questions are already being asked and it certainly doesn’t provide an actionable roadmap to sustainability.

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Topics: Spend Analytics, supply chain management, strategic sourcing, eprocurement, procurement technology, procurement transformation

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