BuyerQuest
BuyerQuest
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New blog articles detected.

  • Are you focusing on the right "P" in P-2-P?
    When procurement experts discuss procure-to-pay, they most often the focus on the "pay" portion. The reality is that the number of users impacted during payment is minuscule compared to the number of buyers. Consider a company that has 100 employees. Conservatively, maybe 1 or 2 of them work in accounts payable. However, at that same company, all 100 employees have probably purchased s...
BuyerQuest
BuyerQuest
Blog Post

New blog articles detected.

  • BuyerQuest Establishes European Office to Service Expanding Customer Base
    Cleveland, Ohio and Kyiv, Ukraine. – August 17, 2017 - BuyerQuest, a leader in enterprise Procure-to-Pay technology, today announced the opening of a new office in Kyiv, Ukraine to offer expanded support for customers across Europe and the Middle East.  The new office will include sales, marketing, development, and application support personnel. 
BuyerQuest
BuyerQuest
Blog Post
BuyerQuest
BuyerQuest
Blog Post

New blog articles detected.

  • Live Demonstrations of P2P Shopping and Transacting in BuyerQuest
    As part of any software evaluation process, companies expect to see a detailed demonstration of the technology, often against a structured list of requirements. While these demonstrations are critical to assure that the technology in question provides the needed capabilities, these presentations often get so deep into the "weeds" that technologies can look cumbersome.
BuyerQuest
BuyerQuest
Blog Post

New blog articles detected.

  • A Hidden Cost of PunchOuts: Upsells
    Many procurement executives know that the use of punchouts as part of the buying process presents a risky proposition. If you are a regular reader to the BuyerQuest blog, you've read about eProcurement and the role of PunchOut Sites Parts 1 and 2, and learned that suppliers embrace punchout sites for a variety of reasons including data mining, market improvements, and a captive audienc...
BuyerQuest
BuyerQuest
Blog Post

New blog articles detected.

  • Indirect Spend and Quick Service Restaurants
    Tom Finn at Spend Matters recently published an article entitled, "Indirect Spend Management: An Easy Putt for the Quick Serve Restaurant (QSR) Industry" that discussed the industry's unique challenge dealing with indirect spend.
BuyerQuest
BuyerQuest
Blog Post

New blog articles detected.

  • ConnXus and BuyerQuest to Unify Procure-To-Pay and Supplier Management Solutions
    Berea, OH. – May 17, 2017 - The purchasing process is often disjointed for corporate buyers. For small and minority-owned businesses, it can be equally as challenging to keep up with sourcing, RFQ bids, contracting and accounting procedures. ConnXus and BuyerQuest today announced their joint partnership to resolve this procurement disparity.
BuyerQuest
BuyerQuest
Blog Post

New blog articles detected.

  • Cognitive Buying on Display at ISM 2017 Orlando
    Next week, more than 2500 global supply chain and procurement professionals will gather in Orlando, Florida, for the Institute of Supply Management's (ISM) annual conference. ISM has assembled a comprehensive agenda that provides attendees with access to content to help personal and professional development, no matter what stage of the attendee's career.
BuyerQuest
BuyerQuest
Blog Post

New blog articles detected.

  • BuyerQuest Sponsors Procurement Report: "CPO Rising - Tools of the Trade"
    (Berea, OH) - BuyerQuest announced today the availability of its recently sponsored research report by Ardent Partners entitled "CPO Rising 2017 - Tools of the Trade" This twelfth annual CPO-themed report, CPO Rising 2017, is part of an ongoing dialogue that Ardent Partners has had with CPOs and other procurement leaders for more than a decade.
BuyerQuest
BuyerQuest
Blog Post

New blog articles detected.

  • Personalizing the Procure-to-Pay Process for Your Employees
    In the early days of enterprise software, the idea of a “personalized’ user experience was non-existent. It was the software equivalent of Henry Ford's famous quote of "Any customer can have a car painted any color that he wants so long as it is black.". Of course, things could be “customized” for a fee, creating an environment where for every dollar paid for the software, two or more ...
BuyerQuest
BuyerQuest
Blog Post

New blog articles detected.

  • Putting the “Cognitive” in Cognitive Buying
    For the modern consumer, “smart technology” is regularly influencing their decision-making. A TV fan just finished binge watching an Emmy-nominated drama, and is suddenly presented with a group of show that may pique their interest. A person gets an email from their favorite online shopping site promoting items, almost all of which are of interest. How do they know? Cognitive computing...
BuyerQuest
BuyerQuest
Blog Post

New blog articles detected.

  • BuyerQuest adds Settlements to its Procure-to-Pay solution
    Anyone who works in procurement knows that supplier payments can often be a cumbersome and disjointed process. Whether the business is large or small, this gray area between finance and procurement is often handled manually, costing time and resources, and making compliance challenging.
BuyerQuest
BuyerQuest
Blog Post

New blog articles detected.

  • Millennials are Changing Procurement. Are You Ready?
    According to census analysis by the Pew Research Center, Millennials now make up one third of the work force, making them the largest share of the Amercian workforce. It is expected that by 2020, Millennials will be half of the workforce. This unique generation is on its way to becoming a dominant force both within and outside of their organizations.
BuyerQuest
BuyerQuest
Blog Post

New blog articles detected.

  • What Playing the FUD Card Says About You
     There was an interesting LinkedIn post making the rounds at BuyerQuest last week that was written by Ben Armstrong from Telstra Ventures and titled “Why choosing a smaller vendor is good for your business, the economy and your career.”   In the post, Ben examines the conundrum faced by decision makers tasked with selecting vendors for enterprise software applications.   The aging, ent...
BuyerQuest
BuyerQuest
Blog Post

New blog articles detected.

  • eProcurement and the role of PunchOut Sites (Part 2)
      In Part I of this series on the role of PunchOut sites within the eProcurement context, we talked about the many reasons why suppliers embrace and prefer an organizational eProcurement strategy that is heavily reliant on PunchOut sites.  This makes sense insofar as these PunchOut sites drive higher revenue and margins for the supplier, and an upselling opportunity at check-out  that...
BuyerQuest
BuyerQuest
Blog Post

New blog articles detected.

  • eProcurement and the Role of Punchout Sites
    In the early days of eProcurement, the only type of catalogs were ‘static catalogs’. With static catalogs, suppliers would send a MS Excel (.xls) or .csv file to their customer. The customer would manipulate, format, and eventually load the static catalog into their respective eProcurement system. At this time, the ERP solutions (and Ariba) were really the only solutions that supported...
  • 2017 Trend: Millennials Are Redefining Your Software Usability Requirements For The Supply Chain.
    We live in a time of enormous change for Supply Chains. In the last decade, we have seen massive technology shifts that have disrupted industries and redefined competitive market boundaries. While much of the focus on these shifts has largely centered around the move to cloud and the advancements being made in cognitive computing, there is one massive shift underway across the Supply...
  • BuyerQuest and McDonalds Explain How to Successfully Transform the Procurement User Experience Across a Distributed Footprint
    Mike Riordan, CPO for McDonald’s Corporation, and Jack Mulloy, CEO of BuyerQuest, presented to the Procurement Leaders community last week.  The topic was  “Bringing Change Across the Organization by Revolutionizing the User Approach”. Mike spoke about the complexities the indirect spend team faced within the McDonald’s organization due to McDonald’s unique corporate structure and auto...
BuyerQuest
BuyerQuest
Blog Post

New blog articles detected.

  • The Dos and Don’ts of Strategic Change Management
    Gallup estimates that U.S. companies lose $50 - $150 billion annually due to failed IT projects. When it comes to procurement, 80% of enterprises “lack the capability to successfully deliver on their postmodern ERP strategy,” according to Gartner. After years of implementing eProcurement solutions, it’s clear that  a leading cause of Procure-to-Pay (P2P) project failure is haphazard c...
BuyerQuest
BuyerQuest
Blog Post

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