Procurement Insights from Nitor

Bridging the Gap: Committing to Contract Compliance

Posted by Molly Wilson on Sep 11, 2018 8:58:35 AM

Imagine this common scenario:

The Strategic Sourcing group has spent hundreds of hours creating savings for the organization. All year you have heard about the forecasted savings, but when those negotiated dollars do not reach the P&L, questions arise over why the savings were not realized. What happened? 

Organizations can equip their sourcing professionals with several tools, such as creating standard terms and clauses to expedite the process and establishing an accessible contract repository (see previous blog "Retaining Value Through Contract Management for more information on these topics). While the team can utilize these tools in the negotiation and drafting of the contract, they are not present in everyday purchasing transactions to enforce the purchasing terms. 

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Topics: contract compliance, eprocurement, procurement technology

Realizing Value Through Procurement Transformation

Posted by Gary Stoddard on Jul 5, 2018 12:10:07 PM

On June 26th Nitor hosted a 1-hour webinar about how to best enable Procurement Transformation, titled: Realizing Value Through Procurement Transformation.

(If you were unable to attend the live event, don’t worry, you will be able to request access to the recording in the link below.)

The session, featuring Gary Stoddard, Partner at Nitor,  highlighted what it takes for organizations to realize true value when looking to transform their Procurement practices.

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Topics: procurement consulting, webinar, procurement technology, procurement transformation

Dreams Do Come True Webinar

Posted by Sean Sollitto on Apr 19, 2018 10:30:37 AM

On March 20th Nitor hosted a webinar specifically for mid-market procurement professionals, Accelerated & Affordable Procurement Technology Solutions for the Mid-Market.

(If you were unable to attend the live event, don’t worry, see the recording below.)

The session, featuring Sean Sollitto, Principal with Nitor,  highlighted how Procurement technology solutions have evolved to provide right-sized solutions for all organizations to automate and streamline source-to-pay processes.

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Topics: procurement consulting, Mid-market source-to-pay, Mid-market procurement, webinar, procurement technology

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