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'Collaborative Commerce': ERP, CRM, e-Procurement, and SCM Unite! A Series Study
Now in 2001, the catchphrase is 'Collaborative Commerce', where we unite all of the elements of ERP, CRM, E-Procurement, and SCM into one coherent system within

define procurement card  We still have to define document formats, allowable information, and process descriptions. There are some XML standards that are being promulgated by the likes of RosettaNet ( www.rosettanet.org ) for IT and electronic component industries, and Microsoft's Biztalk Framework , as well as standards being formed through a joint project of the United Nations body for Trade Facilitation and Electronic Business and the Organization for the Advancement of Structured Information Systems ( OASIS ; www.ebxml.org Read More...
Business Process Management (BPM)
Business process management (BPM) defines, enables, and manages the exchange of enterprise information through the semantics of a business process view, which involves employees, customers, part...
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Documents related to » define procurement card


Are Spend Management (or SRM) Apps Suited for the Mid-market? - Part 3
Part 1 of this blog series introduced some common supply chain challenges and resulting spend management opportunities for companies of all sizes. The article

define procurement card  create business rules to define what exact transaction states constitute commitments.  For some companies, perhaps a purchase order is not a commitment, but goods received but not yet invoiced are commitments.  For others, perhaps only invoices are the first establishment of a commitment. A raft of the budget control settings allow companies to specify what requisitioners are allowed to see in budget numbers. For their part, budget override authorities by title, similar to spending limits, determine Read More...
PSA -- Still An Evolving Market
What started out as a set of applications to better manage customers' projects, astutely allocate staff and monitor their utilization rates has become an

define procurement card  track services requests and define approval processes and allows for incorporation of best practices and facilitation of project accounting and internal billing. Lawson Services Automation for Professional Services, on its hand, helps professional services organizations, such as consulting firms, improve their balance sheets with faster cash flow and increase resource utilization and bid management. It aims at providing greater visibility into service businesses by helping customers determine which Read More...
Navigator Business Solutions Navigator One for SAP Business One (v88) for Discrete ERP Certification Report
Navigator One for SAP Business One (v88) is now TEC Certified for online comparison of discrete enterprise resource planning (ERP) software in TEC's Evaluation

define procurement card  that we’ve certified. We define these capabilities and assign numeric ratings representing various levels of support in our models of enterprise software. These models may be accessed on our publicly available Evaluation Centers. Typically, we use anywhere from a thousand to several thousand criteria to determine the average scores. The average solution forms the benchmark from which we calculate the difference in functionality offered by Navigator One for SAP Business One. We plot the average Read More...
Emptoris: Powered Up to Empower Global 2000 Users
Since its founding in 1999, Emptoris has evolved into a world leader in strategic supply, category spend, and enterprise contract management solutions, and was

define procurement card  project templates and teams, define project teams by role, such as users, groups, business units, etc.), task management (e.g., assign task by roles, assign rules, task and/or team notifications, task durations, task tracking by task or milestone, automatic tracking on/off/in jeopardy, automatic adjustments of task scheduled start dates, etc.), savings tracking (e.g., record savings achieved by project or task, automatically calculate annualized spend/savings, submit savings through an approval workflow, Read More...
PCI DSS Made Easy: Addressing the Payment Card Industry Data Security Standard
In 2004, there were 1.3 billion credit cards in circulation in the US. With fraud incidents on the rise, credit card companies are at constant risk of losing

define procurement card   Read More...
Elevating Your Procurement Organization from Knee-jerk Reactions to Predictive Analytics
For most companies, chief procurement officers (CPOs) need to maximize savings, focus on sustainability, manage supplier performance, and minimize supplier risk

define procurement card  Your Procurement Organization from Knee-jerk Reactions to Predictive Analytics For most companies, chief procurement officers (CPOs) need to maximize savings, focus on sustainability, manage supplier performance, and minimize supplier risk to ensure supply chain continuity. To do all this, CPOs are turning to procurement analytics—to identify areas of low performance, optimize procurement functions, and reduce costs. Know a four-step process to help you deploy and configure a procurement Read More...
Procurement at the Helm: Steering for Success
As the global economy continues to struggle, procurement teams continue to be tasked with looking for ways to control costs. Other recent global events such as

define procurement card  at the Helm: Steering for Success As the global economy continues to struggle, procurement teams continue to be tasked with looking for ways to control costs. Other recent global events such as natural disasters and commodity price volatility have also left procurement grappling with increasing supply risk. The research presented here examines how many purchasing organizations have already changed their strategies or plan to do so over the next two years. Read More...
Infinium and Elcom Walk Down ASP Aisle
Two companies that are redefining themselves for an ASP future enter into a partnership. Elcom’s eProcurement applications will be the first outsider in

define procurement card  within about a half-dozen well-defined verticals. It is indisputably the leader within the hospitality & gaming industry. Having experienced a downturn in revenues in 1999 Infinium is pushing hard to reinvent itself. Transforming itself from an ERP vendor to a full-service ASP with system integration capabilities will involve a total change in outlook and culture - not an easy task, although certainly not beyond the capabilities of the company. It is obvious why Infinium wants to build up a strong Read More...
E-procurement: From Brilliant Innovation to Common Cliché
Electronic procurement has moved from a nice idea to a stampede in just a few years. Growing at Internet speed it spawns business models faster than the market

define procurement card  standard to be both defined and generally accepted. And, even then we believe that there will be somewhat less progress at the level of individual industries. We expect that within three months Ariba will start giving out signals that they are moving away from their proprietary dialect toward a more widely accepted standard. This may come in the nature of increased support for one of the evolving standards that is accepted by their competition, or as the kind of marketing statement that says we've Read More...
Coupa: Spend Management Software Leader or Challenger?
Coupa was born more than six years ago out of the need to provide cloud procurement software that was affordable and easy to install and use. Today, Coupa

define procurement card  Spend Management Software Leader or Challenger? Coupa was born more than six years ago out of the need to provide cloud procurement software that was affordable and easy to install and use. Today, Coupa enables organizations to harness every online transaction to optimize spend—providing a true cloud SaaS application that offers rapid deployment and reduced IT burden. Get the details on Coupa in part 1 of a two-part vendor feature from TEC’s own P.J. Jakovljevic. Read More...
Accelerated Outsourcing
Chief financial officers (CFOs) and procurement directors want to speed up and simplify the outsourcing provider selection process, to reduce costs and gain

define procurement card  Outsourcing Chief financial officers (CFOs) and procurement directors want to speed up and simplify the outsourcing provider selection process, to reduce costs and gain benefits sooner. Here are key issues you should consider when fast-tracking the process of scoping and negotiating a sourcing transaction. Collaboration and interaction are key to shortening the process while still achieving your end goal. Find out more. Read More...
Impact of Sales and Procurement on Reverse Logistics
Even as manufacturers and retailers seek to control costs and drive efficiency across the supply chains, controlling the financial impact of unsaleable products

define procurement card  of Sales and Procurement on Reverse Logistics Even as manufacturers and retailers seek to control costs and drive efficiency across the supply chains, controlling the financial impact of unsaleable products remains a constant challenge. A study conducted by Wipro Technologies in collaboration with Food Marketing Institute (FMI) and Grocery Manufacturers Association (GMA) estimates that the potential cost impact of unsaleables is over $2 billion annually. This study identifies the multitude of challen Read More...
Winning the PCI Compliance Battle
The payment card industry (PCI) Data Security Standard establishes common processes and precautions for handling credit card data. Although achieving PCI

define procurement card  company. Compliance levels are defined based on annual transaction volume and corresponding risk exposure as outlined in figure 2. Validation Requirements Annual on-site security audits ' MasterCard and Visa require the largest merchants (level 1) and service providers (levels 1 and 2) to have a yearly on-site compliance assessment performed by a certified third-party auditor. Annual self-assessment questionnaire ' In lieu of an on-site audit, smaller merchants (levels 2, 3 and 4) and service providers Read More...
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