Braddon Consulting

In readiness for our Q1 2025 theme of Procurement Transformation, which will include how to even start your digital journey, how to make the case for it, how to shape your digital roadmap and how to survive it, we have received input from some solution providers on their own customers’ journeys. Alexandra Arens, Senior Content […] The post Procurement transformation 2025: Why invest in procuretech and how to make the case – Onventis appeared first on Spend Matters.

In this Spend Matters Vendor Analysis, we give an overview of WNS Procurement’s digital offering. The years 2020 and 2021 showed that a majority of businesses were unprepared to tackle significant disruptions and changes in their supply chains, and the business environment is still more volatile and uncertain than ever. Supply disruptions and market dynamics impacted many companies because they had limited visibility into their supply chains, no structured risk management programs and inadequate mechanisms to monitor markets. While these problems cost companies millions of dollars, on the positive side, they represent an opportunity for organizations to ramp up their capabilities to identify, monitor and mitigate third-party supplier risk to enhance category management based on outside-in insights (market and commodities) to ensure business continuity and meet compliance and sustainability goals, which is exactly the value proposition of WNS Procurement’s solution. Following its ac

In readiness for our Q1 2025 theme of Procurement Transformation, which will include how to even start your digital journey, how to make the case for it, how to shape your digital roadmap and how to survive it, we have received input from some solution providers on their own customers’ journeys. Mike Jud, Senior Director […] The post Procurement transformation 2025: Why invest in procuretech and how to make the case – Vroozi appeared first on Spend Matters.

In part 1 of this mini series on tariffs we looked in more detail at what we mean by ‘tariffs’ and in part 2 we talked about a Procurement action plan. In part 3 we look at the tech that can support Procurement in tariff management.  Effective and efficient tariff management is rooted in robust direct materials and supply chain risk management. Together, these disciplines empower organizations to handle tariff-related risks (and a broader range of supply chain challenges that extend well beyond tariffs) because they provide the visibility and data granularity necessary to handle tariff complexities.  Direct materials management is essential for aligning demand, supply and product objectives throughout the product lifecycle. It ensures that organizations have the right materials sourced from the right suppliers at the right time and for the best cost, making tariff management a natural part of these processes. By maintaining visibility and control over their direct materials sourc

Tariff management is a strategic subset of direct materials management and sourcing that involves navigating and optimizing the complex costs and regulatory implications of importing materials and goods across borders. Tariffs — essentially taxes imposed on imports and exports — directly impact product cost structures. To manage tariffs effectively, companies must align their tariff strategies with their broader business goals, including product design, pricing, supply chain resilience and sustainability objectives. Also, businesses operating globally must be able to adapt to sudden trade policy changes. Every company aims to create the most competitive product for its target market. Achieving this requires a seamless integration of demand, supply and product requirements that begins in the design phase and continues throughout the whole product lifecycle. Within this framework, tariff management plays a key role in shaping sourcing decisions and influencing the cost and availabili

In today’s interconnected business landscape, companies rely on suppliers and service providers for core procure-to-pay (P2P) activities, including order processing, invoicing and payments. This dependency, while essential, introduces potential risks that can lead to operational delays, regulatory penalties and financial instability if not effectively managed. This article, part of our series on Third-Party Risk Management (TPRM) and Supply Chain Risk Management (SCRM), explores the top risks affecting P2P workflows and some strategies for mitigating them. The post Navigating the top 5 third-party risks in procure-to-pay processes appeared first on Spend Matters.

The results of the US elections forces us to focus on Donald Trump’s stance on tariffs. During his campaign, Trump was explicit about his intention to increase tariffs, including significant hikes on certain categories of goods (a global baseline tariff of 10%-20% on all imported goods, up to 100% for goods from countries that seek […] The post Tariffs and Procurement (Part 1): What tariffs are and what they mean for procurement appeared first on Spend Matters.

The coronavirus pandemic and recent weather catastrophes have made the case for most types of risk management and what one can do to mitigate the risk more obvious. If you do not have accurate information and alternatives of supply in place, the fallout from a sudden flood will drown you. In ESG-related issues, and in the case of forced labor in particular, the discussion around the risks these pose is more nebulous. Yet it is a risk that procurement professionals must be prepared for and manage. The saliency of forced labor, human rights and other ESG concerns in supply chains continues to increase and poses a major risk to procurement practitioners and the business. Bertrand Maltaverne, Spend Matters Lead Analyst for Upstream Procurement, explained in the second part of our series on forced labor that these regulations, which have for so long been a patchwork of various laws from different countries, will only grow more headache-inducing as even more laws pass and preexisting ones be

Contract lifecycle management (CLM) providers may be best known for their repositories, clause libraries, obligation management features and authoring. However, risk is a major element of the contract lifecycle. Whether this is due to a contract being written on third-party paper or a particular redline/edit that does not align with the company’s playbook, CLM solutions use both internal and external tools to assess risks. Here, we explore the overlap of these types of solutions. The post How contract management solutions support risk management appeared first on Spend Matters.

This Spend Matters Vendor Analysis provides an overview of Docusign and its enterprise contract lifecycle management (CLM) solution. The provider offers end-to-end CLM capabilities and has also recently released a new product, Intelligent Agreement Management (IAM), to better serve contract management use cases for other functions such as sales and finance. Docusign focuses on configurability, ease of use and integrations with complementary systems. Throughout 2024, it also built upon its core CLM functionalities (such as contract authoring) to support advanced use cases and more additions are planned in this area. This Vendor Analysis explores the concept behind Docusign, the platform, application and supporting services it delivers, provides a list of Docusign’s competitors, gives considerations for potential users and offers key analyst takeaways. Here’s why we think Docusign matters: To the market — Docusign is an established CLM provider that continues to add support for adv