Insights by Nitor

Nitor Granted SAP Recognized Expertise in Cloud Procurement Solutions in North America

Posted by Sean Sollitto on Jun 4, 2019 9:02:43 AM

Nitor named a best-fit provider for SAP Cloud Procurement Solutions

June 4, 2019 /PRNewswire/ -- Nitor, a leading business process transformation services firm, has been granted SAP Recognized Expertise in cloud procurement solutions in North America. Nitor achieved this designation based on their skills and competencies, as well as their proven record of client success and satisfaction.

"For over 15 years Nitor and SAP have partnered to create value through technology and process transformation," said Sean Sollitto, SAP lead with Nitor.  “We are proud to be recognized by SAP for maintaining high levels of satisfaction, solution quality, and service delivery.”

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Topics: procurement consulting, procurement technology, procurement transformation

How To Avoid S2P Deployment Pitfalls

Posted by Annie Kang on Apr 8, 2019 10:55:29 AM

Even if you do not play video games, chances are you’ve heard of Mario Kart. The goal of this game is to finish the race first, or in the least amount of time, while avoiding shells and banana peels, which make you lose control. A Source-to-Pay (S2P) deployment is very similar – the goal is to implement the right tool as quickly as possible while avoiding major pitfalls. So, before you jump into your S2P deployment “Kart,” here are some shells and banana peels to avoid.

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Topics: procure to pay, procurement consulting, procurement technology

Nitor to Deliver Procurement Transformation for State of Maryland

Posted by Jaideep Mulchandani on Mar 14, 2019 9:28:22 AM

CLEVELAND, March 14, 2019 /PRNewswire/-- Nitor , a leading transformation services firm, has been awarded the contract by the State of Maryland for a new statewide e-procurement system, eMaryland Marketplace Advantage (eMMA).

“With the addition of this e-procurement system, Maryland is taking a significant step forward in the way we do business,” said Governor Hogan.

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Topics: procure to pay, procurement consulting, procurement technology

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

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: eprocurement, procurement technology, contract compliance

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, procurement technology, webinar, 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 procurement, Mid-market source-to-pay, procurement technology, webinar

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