Insights by Nitor

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.

Read More

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.

Read More

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.

Read More

Topics: eprocurement, procurement technology, public sector procurement

Maryland Department of General Services Announces eMaryland Marketplace Advantage Goes Live

Posted by Jaideep Mulchandani on Jul 23, 2019 9:47:21 AM

Maryland Department of General Services Office of State Procurement launches new e-procurement system

BALTIMORE, MD – The Maryland Department of General Services today announced the Office of State Procurement launched the state’s new e-procurement system eMaryland Marketplace Advantage (eMMA). This initiative is a direct result of Governor Larry Hogan’s 2016 Commission to Modernize State Procurement, led by Lt. Governor Boyd K. Rutherford.

Read More

Topics: procurement technology, 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.

Read More

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

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.”

Read More

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.

Read More

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.

Read More

Topics: procure to pay, procurement consulting, procurement technology

Where are you on your Procurement Maturity Journey?

Posted by Gary Stoddard 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.

Read More

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. 

Read More

Topics: eprocurement, procurement technology, contract compliance

Subscribe To Our Blog

Recent Posts