Introduction In today’s highly competitive business landscape, Small and Medium-sized Enterprises (SMEs) face numerous challenges. One of the most significant is managing overhead costs. Purchasing, vendor and expense management, all vital parts of the procurement...Read More
Introduction Risk and compliance are two critical aspects of modern business operations, especially in the realm of procurement. Small and Medium-sized Enterprises (SMEs) often face challenges in effectively managing these aspects due to limited resources...Read More
Procurement as a Service (PaaS) can be a valuable solution for managing tail spend, an often-overlooked aspect in the procurement process. Tail spend refers to the portion of a company’s procurement expenditures that are not...Read More
Procurement as a Service (PaaS) can be a strategic choice for businesses in various scenarios and can make more sense than hiring full-time employees for procurement-related roles. In this top 10 list, we will examine...Read More
Procurement as a Service (PaaS) can play a significant role in advancing Environmental, Social, and Governance (ESG) goals within an organization. ESG has become a critical aspect of the procurement process, integral to corporate responsibility....Read More
Procurement as a Service (PaaS) can effectively act as a Center of Excellence (COE) within an organization by bringing together expertise, best practices, and technology to optimize and streamline the procurement process. Below is a...Read More
In this article, we will cover Overhead Value Analysis, or OVA for short. By the end of this piece understanding Overhead Value Analysis will hopefully help readers leverage it. OVA is a powerful tool for...Read More
In this article Valenta provides an exploration of Operational Analysis, a crucial tool for businesses seeking to optimize efficiency and profitability. We will cover fundamental aspects of this data-driven approach. We will also elaborate on...Read More
Procurement as a Service (PaaS) is an increasingly popular procurement outsourcing service model. This is because a procurement service company can help businesses to streamline their procurement process by outsourcing key functions to procurement specialists....Read More