Creating Tail Spend ROI Through An Improved Buyer Experience
The high number of low-cost transactions is just the beginning of the challenges with tail spend management. Spend often finds its way into the tail through multiple ‘wrong turns,’ each […]
Brisbane Olympics 2032: Is It Possible To Stay On Budget With Robust Procurement Processes?
Following an unopposed race, the International Olympic Committee announced last month that Brisbane will host the Summer Olympic Games in 2032. Could the city be the first in decades to […]
Spend Management During The Pandemic – Strategies To Follow And Its Future
Over the previous year, the Covid-19 pandemic has clearly had a significant impact on the world economy. As a result, more than ever before, CFOs are putting pressure on their […]
Break Down the Silos of Spend to Work Smarter
Three reasons why now is (finally) the time to unlock the maximum value of every dollar spent in your organisation. Many in procurement roles around the world have experienced a […]
The New Role For Procurement In Aged Care – Post Royal Commission
The final report of the Aged Care Royal Commission was released this week – Jonathan Dutton FCIPS looks at the role that procurement can play in advance of the PASA […]
Make or Buy: It’s Time for a Rethink
What is the point of sales departments? To create markets and stoke demand. Sales departments have been a standard part of industry for so long that we sometimes fail to […]
Five Important Things To Consider When Buying Procurement Technology
The implementation of appropriate procurement technology promises several organisation-wide benefits. For example, automating key processes, such as due diligence and strategic sourcing, will enable procurement to take a much more […]
Balancing Cost and Innovation
Contracts govern every pound in and out of an enterprise. Yet many companies continue to underutilise the value of these documents and the software they deploy to manage them. ProcureCon’s […]
The Benefits Of Outcome Based Contracting
Typically, a contract is fulfilled and the supplier is paid upon their delivery of a particular service or product. In the case of outcome-based contracts (which are also referred to […]
How To Negotiate With Your Suppliers When You Haven’t Got The Upper Hand
Procurement professionals are forever being advised on how to negotiate effectively and fairly with their suppliers and in particular SMEs. Tips range from the importance of paying suppliers on time, […]