ivalua

In today’s digital economy, procurement is increasingly seen as a strategic enabler of business value, not just a cost-control function. While leadership remains crucial, it’s often the technology backbone that determines whether a procurement function can actually perform. In fact, when procurement technology fails to support business needs, even the best leaders are set up […]

In the race to dominate the procurement technology market and attract top brands, many global tech giants have deprioritized their smaller customers. While their “subject to change” solution roadmaps may seem mature, they often lack the flexibility and commitment needed to support the real procurement transformation needs of mid-sized businesses. So how can we change […]

This is not a political piece; it’s a conversation starter. We don’t always think of government departments as being efficient, but we could take inspiration from a corporate perspective looking in. Procurement is a critical function for mid-sized enterprises, directly impacting the bottom line. While large corporations have sophisticated procurement strategies, mid-sized businesses often struggle […]

In the wake of the UK’s October 2024 budget, businesses are grappling with mounting financial pressures due to increased taxation and National Insurance (NI) obligations. The Chancellor’s announcement of a £40 billion tax hike—the largest since 1993—includes a rise in employers’ NI contributions from 13.8% to 15%, set to take effect in April 2025. Additionally, […]

Gartner suggests that 35% of maintenance contracts lapse due to lack of visibility or management capability. These figures highlight the challenges organizations face in managing contract renewals effectively, emphasizing the importance of comprehensive market assessments to ensure optimal value and service quality. In the fast-evolving world of procurement, annual maintenance contracts (AMCs) play a vital […]