Suplari CEO Nikesh Parekh Discusses why the CPO and procurement function are critical to driving profitability in a post-COVID business environment and builds a case for why CPOs should leverage this opportunity to drive more value and improve their earnings potential.
Profitability is more important than ever — and procurement leaders are more strategic than ever. Procurement is no longer just a cost center, a spender of money made by others in the enterprise. With the right tools and methodology, procurement can maximize every dollar of profit and discover every dollar of cost savings, positioning them to be critical drivers of the bottom line.
Introducing Suplari Agile Contracts, a solution that gives enterprise procurement teams a steady stream of predictive insights for monitoring and managing their full inventory of active supplier contracts. Suplari Agile Contracts connects automated contract processes to enterprise spend and supplier data, adding workflow, and delivering actionable business intelligence that alerts decision-makers to the best ‘next’ … Read More
British Telecom Announces BT Sourcing Exciting news from CPO Cyril Pourrat at Suplari, Inc. customer BT. BT has set up a new innovative, AI-led procurement company called BT Sourced. Suplari, Inc. is the core AI-driven intelligence engine for BT‘s procurement team. We are so proud and happy to be with Cyril Pourrat, Adam Brown Siddharth (Sid) Pandey on this amazing journey.
When you peel back the Procurement onion, contracts are often an afterthought or the last piece to add to your Procurement Stack of software. According to McKinsey “the majority of organizations invest relatively limited resources in contract development and vendor management.” A third and equally important pillar of under investment is contract management. Up to … Read More
Listen to Greg Tennyson, Head of Global Corporate Services at VSP, and Suplari CEO Nikesh Parekh as they discuss Mergers and Acquisitions in the context of analytics tools.
SEATTLE—Nov. 12, 2020—Suplari, the Spend Agility™ company, today announced new tools in its Spend Intelligence Cloud that help distributed finance and procurement teams set goals, manage projects, and collaborate together to optimize spending, cash flow and compliance.
SEATTLE—Dec. 10, 2020—Suplari, the Spend Agility™ company, today announced a suite of pre-packaged Diversity Insights that use machine learning to help companies identify and manage opportunities to improve supplier diversity.
How does Procurement ensure all savings are recognized by Finance? This is an on-going question of procurement organizations who are trying to validate the worth of their activity to the broader organization.
The economy looks to be improving. There are five key reasons to be optimistic for 2021: COVID-19 vaccines, rising consumer sentiment, optimistic business outlooks, rising manufacturing indices, and a reduce likelihood of a contested election. Budget conservatively, but plan to be agile for upside in 2021.