BuyerQuest
BuyerQuest
Blog Post
  • We regularly speak with our customers and prospects about the importance of driving user adoption as it relates to the ultimate success of any eProcurement deployment. Whether it is reducing P-Card usage or driving users to "do the right thing" because it is the easiest thing to do,  your eProcurement solution must be capable of supporting a consumer-like shopping experience for the br...

BuyerQuest
BuyerQuest
Blog Post
  • One of the challenges we have heard from our customer base is their struggle to manage users in a decentralized procurement environment.  Whether its our clients in the Quick Service Restaurants ("QSR"),  Education,  Grocery, Retail, among other industries, they all face operational challenges at some level with respect to how they manage their end users at the location or site level. ...

BuyerQuest
BuyerQuest
Blog Post
  • Latest deployment highlights how BuyerQuest helps clients effectively manage decentralized indirect spend. CLEVELAND, OH – October 26, 2017 – BuyerQuest, a leader in cloud-based spend management software, announced today that Wendy’s Quality Supply Chain Cooperative (QSCC) will deploy the BuyerQuest Procure-to-Pay (P2P) solution to Wendy’s restaurants. The BuyerQuest platform will emp...

BuyerQuest
BuyerQuest
Blog Post
  • According to research by Ardent Partners, for the average enterprise the percentage of spend under management for 2017 is 61.2%. That number has remained relatively flat over the last year. In fact, Ardent Partners research shows that only 16% of all CPO's are focused on increasing their spend under management over the next few years.

BuyerQuest
BuyerQuest
Blog Post
  • 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
  • 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
  • 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
  • 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
  • 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
  • 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
  • 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
  • (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
  • 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
  • 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
  • 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
  • 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
  •  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
  •   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...

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