Defining and demonstrating ‘value’ is a constant challenge for procurement professionals. Whether you’re making a case for more staff or a digital solution, helping senior stakeholders understand the potential benefits of a procurement investment often feels much harder than it should. This article outlines 8 ways to confidently communicate the value of a digital procurement […]
Read moreEvery public contract awarded to an indigenous supplier brings social benefits that extend far beyond simple goods and services. Jobs are created, communities are strengthened, and indigenous businesses get the opportunity to grow in size and capability. It’s this insight that has led to the New Zealand government’s progressive procurement target, which requires all public […]
Read moreAfter experiencing time-consuming manual processes first-hand, most council procurement teams don’t need to be convinced of the need for an efficient contract management solution. Convincing other decision-makers in your council, however, isn’t easy. Most won’t realise the value of such a significant investment unless you explain it to them carefully and in terms specific to […]
Read moreGood procurement was once a case of simply sourcing the right goods and services at the lowest possible cost. These days, however, businesses are realising that choosing the right suppliers can have positive impacts beyond operational cost-cutting. This is the thinking that informs sustainable procurement, defined in ISO20400 (Sustainable Procurement Guidance) as “procurement that has […]
Read moreRisk management is key to contract lifecycle management (CLM) success, but its complex negotiations and administration processes mean the constant danger of costly mistakes. However, an effective and flexible risk management plan can eliminate mistakes and forgetfulness, meaning you can make more strategic decisions by avoiding your contracts just rolling over automatically. Let’s take a […]
Read moreIn 2021 and beyond, digital procurement systems are giving procurement teams the power to play a larger strategic role in accelerating business innovation and maturity. Through artificial intelligence and robotic process automation, digital procurement frees up employees’ time so they can focus on long-term initiatives and strategic activities. It can also take organisations to new […]
Read moreMAV Procurement (a not-for-profit team devoted to achieving better procurement outcomes for local government in Victoria) has joined forces with Portt to help organisations reduce costs, simplify processes, improve services, and deliver better results for communities and councils. Selecting a Procurement Partner When seeking out a potential procurement partner, MAV desired a number […]
Read moreIf you work in procurement, you’ve likely heard the saying that effective procurement management is about ‘procuring the right item at the right time from the right vendor at the right price’. In order to make these complex decisions simpler for staff, automation is taking organisations from tedious manual operations into the world of highly […]
Read morePort Discover: Due Diligence Software Make supplier due diligence an ongoing and seamless part of your procurement process with Portt Discover. Get dynamic risk profiles for each supplier, automated reviews and approvals, and standardised supplier data for thorough risk management. Get in touch Watch a demo video Ongoing supplier risk management, without the hassle. A […]
Read moreRevolutionise your procurement capability Empower your procurement team, improve transparency and efficiency, reduce administrative time and effort with Portt’s industry-leading, user-friendly procurement software. Significantly improve cost savings and efficiency Unparalleled analytics and insights Seamless integration with ZERO down-time Get a personalised, video demo to see how it works! Boost your business with our carefully curated […]
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