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The Procurement Software Podcast

S2 Ep 46: 10 cool early stage European startups from Procurement Summit

At Procurement Summit, I got to meet 10 early stage German and Swiss procurement startups who are making waves in this space

S2 Ep 45: Source-to-Pay for the Public Sector – Grant Smith from Elcom

Source-to-pay suites for private enterprise don't often serve the needs and requirements of the public sector. But what are those key differences?

S2 Ep 44: Agile Spend Analytics for SMEs – Thomas Heller-Njor from CostBits

Having spend dashboards and taxonomies is one thing. But in smaller organisations, actionable tips can complement these and drive savings much faster.

S2 Ep 43: Profit from the Source – Dr. Wolfgang Schnellbächer from BCG

Incredibly, CEOs spend almost zero time meeting suppliers. But procurement counts for 50-60% of company revenue. What if the CEO was more engaged?

S2 Ep 42: Super Simple Category Strategies - Patrick Jonsson from DigiProcure

Category strategies were always seen as being just for enterprise. Thanks to low code apps, strategic procurement is now also in reach of smaller orgs.

S2 Ep 41: Single Master Data Source of Truth – Costas Xyloyiannis from HICX

We tackle the ongoing debate of whether supplier-maintained master data or pulling from external sources is best. Here's the argument for the former.

S2 Ep 40: Procuretech Pub: S2P Tips with Joël Collin-Demers from Pure Procurement

My guest Joël is a veteran of source-to-pay implementations for digital procurement transformation. He shares valuable tips, advice & future projections.

S2 Ep 39: 10 Key Criteria to Consider when Buying Procurement Tech

Every procurement tech solutions provider will claim to be the best. It's only when asking key questions that you'll understand what differentiates them

S2 Ep 38: All-round Supply Chain optimisation – Tobias Larsson of Altana.ai

Tracking cargo is critical. But what about the peace of mind to know what's lurking in the different tiers of your supply chain in the first place?

S2 Ep 37: Making the Case for the Suites – Jim Bureau of Jaggaer

In an increasingly hybrid world with best-of-breed seemingly gaining the upper hand, how can well-established suite providers adapt, thrive and prosper?

S2 Ep 36: Solving Tail Spend in a Legacy S2P Ecosystem – Henning Hatje from Lhotse

In a large enterprise with a legacy suite, managing tactical and tail spend can be frustrating. Lhotse enables agility and avoids maverick spend issues

S2 Ep 35: Using a Bot for Spot Ocean Freight – Alan Holland from Keelvar

Strategic RFPs are one thing, but what about leveraging AI and bots for operational, spot buys of high spend items. One such example: spot ocean freight.

S2 Ep 34: Source-to-Pay in the Mid-Market – Frank Schmidt from Onventis

From one of the most established providers to the mid-market, we explore what drives adoption and trends in this sector and what to expect in future.

S2 Ep 33: Procuretech: Past, Present and Future – Dr. Elouise Epstein from Kearney

Elouise needs no introduction as an industry expert and multiple times published author. We delve into procuretech's past, present and future in this chat

S2 Ep 32: Guided Contract Authoring and Routing – Giles Thompson from Avvoka

Procurement and Legal often fall out due to cumbersome internal contract processes. This could become a thing of the past, with tech to help us.

S2 Ep 31: AI-Powered Contract Redline – Dan Broderick from BlackBoiler

Procurement pros who don't have a strong legal background dread having to go through contracts. We may not have to do this on our own for long.

S2 Ep 30: Managing a Contingent Workforce – Igor Putrenko and Tobi Schmidt from Eqip

Supplier partnerships go beyond the stick approach and also embrace the carrot. Beyond audits and compliance, SRM can do so much more to drive value.

S2 Ep 29: Know Your Supplier: Full Stack SRM – Sam Jenks from Kodiak Hub

Working with suppliers on top-of-pyramid activities such as innovation and joint R&D is a game changer. Managing it in email and Excel isn't a good idea.

S2 Ep 28: ProcurementSoftware.site – The FREE resource for digital procurement

Finding procurement software shouldn't be complicated. Especially for mid-market businesses that don't have a deep knowledge of the market.

S2 Ep 27: Strategic Supplier Innovation – Matt Zaleski from Procurence Meercat

Working with suppliers on top-of-pyramid activities such as innovation and joint R&D is a game changer. Managing it in email and Excel isn't a good idea.

S2 Ep 26: Blockchain and Contract Management – Dr. Elena Mechik from Inhubber

Think that blockchain is just for cryptocurrency? Think again. It has many advantages for contract transparency and compliance, and responsible sourcing.

S2 Ep 25: Better Visibility for Direct Spend – Anne-Sophie Le Bloas from Ravacan

Direct spend has been more difficult to shift out of managing through ERPs. Ravacan aims to change this with their complete solution for direct materials.

S2 Ep 24: Acquisition, and Evolution of Spend Analytics – Arvid Fredin from Spendency

Spendency was recently acquired by Onventis. Spend analytics + a mature source-to-pay offering now form a powerful suite for the mid-market

S2 Ep 23: Spinning a Startup out of Corporate – Michael Pleuger from akirolabs

akirolabs was incubated through Vodafone's world class procurement organisation, taking leading processes, connecting them and driving improved visibility

S2 Ep 22: A Network of Procuretech Startups – Andreas Zimmermann from Supplytechs

Early stage procuretech startups face the same issues. Limited marketing resources and a similar target audience. Supplytechs' mission is to solve this.

S2 Ep 21: The People Factor in Digital Transformation: The Procuretech Pub with Florian Kleemann

Too much focus on tech? Digital transformations, change management and procurement orgs of the future will only succeed with the right people strategy.

S2 Ep 20: AI in Procurement: Opportunities and Watch-outs – Melissa Drew from IBM

Procurement software solutions often feature AI. But how good is it? What are its benefits and flaws, and what questions must we ask to software vendors?

S2 Ep 19: Spend Analytics: Expanding a Mature Solution – Sammeli Sammalkorpi from Sievo

Sievo launched in 2003, but by leveraging big data and adding features based on customer feedback, they've defended their position despite the competition

S2 Ep 18: Case Study – Børge Langedal from Ignite Procurement & Arndt Romer from SEG Automotive

A successul case study of SEG Automotive's digital journey after their spin-off from Bosch in 2018, implementing best-of-breed solution Ignite Procurement

S2 Ep 17: Simple, Affordable Purchasing Software for SMEs – Adam Thomas from oboloo

oboloo is a great example of how procurement tech also helps small businesses increase compliance and reduce cost through a simple but effective solution

S2 Ep 16: Easy Vendor Onboarding and Management – Nick Verkroost from OCG Software

Adding new vendors in corporate procurement teams is often a painful, email based process taking weeks, not days. Simple software can avoid this madness.

S2 Ep 15: Best-of-Breed vs. Enterprise Suites: The Procuretech Pub with Nico Bac

Enterprise level suites used to be pretty much the only game in town for procuretech. This has changed. Best-of-breed now looks to have the upper hand.

S2 Ep 14: Leveraging E-Auction Data for Customer Success – Henrik Balslev from Scanmarket

Historical data of e-auctions can be leveraged for new customers: How established platforms can stay relevant, and use their data lake to their advantage

S2 Ep 13: Affordable, easy to use E-Sourcing and Auctions – Nicholas Martin from Market Dojo

Start off with simple, pay-as-you-go e-Sourcing. Add more sourcing and vendor management modules as your digital procurment journey matures. A good mix?

S2 Ep 12: E-Sourcing plus Vendor Relationship Management – David Wadler from Vendorful

What is the sweet spot between price, features and seamless functionality? Upstream and downstream Vendor Management functionality all in one app

S2 Ep 11: User Experience at the Heart of E-Sourcing – Jack MacFarlane from DeepStream

Major challenges to adaptation of an e-Sourcing tools are complexity and user experience. Trading features in favour of simplicity is a bold strategy

S2 Ep 10: Leveraging E-Sourcing for Non-Price Factors – Lukas Wawrla & Tim Grunow from Archlet

Objectively examining non-price data, and using AI and algorithms to score total value and risk, is potentially game-changing in the e-Sourcing space

S2 Ep 9: The Lowdown on Spend Matters 50 To Know, 50 To Watch and ProcureTech 100

Spend Matters 50 To Know and 50 To Watch are published each year. ProcureTech100 is a new listing. How are they put together, and how useful are they?

S2 Ep 8: Procurement Summit Live Sessions: Part 3 – Services Procurement Startups

The last of our 3-part series featuring early stage startups exhibiting at Procurement Summit in Berlin: this one features Services procurement solutions

S2 Ep 7: Procurement Summit Live Sessions: Part 2 – AI and Game Theory Startups

The second in a 3-part series featuring early stage startups exhibiting at Procurement Summit in Berlin: AI and Game Theory procurement software

S2 Ep 6: Procurement Summit Live Sessions: Part 1 – ESG and Risk Management Startups

The first in a 3-part series featuring early stage startups exhibiting at Procurement Summit in Berlin: ESG and risk management procurement software

S2 Ep 5: Simplifying Tactical and Tail Spend – Henning Hatje from Lhotse

Tactical spend takes in up a disproportionate amount of time but often delivers little bottom line value. Simplifying the process brings many benefits.

S2 Ep 4: AI-driven Master Data Cleansing – Adriano Garibotto from Creactives

Where can you utilise AI in procurement? Cleaning material master and spend data is one case, and it should be priority. But how effective is AI for this?

S2 Ep 3: Real Time Supplier Collaboration w/o Emails – Sheldon Mydat from Suppeco

How to make better, faster project implementation? Bring stakeholder collaboration & supplier relationships under a real-time platform. Ditch the emails!

S2 Ep 2: Managing Services: Both Strategic and Tail Spend – Fabian Heinrich from Mercanis

Services spend means highly strategic corporate contracts, but also the long tail of local vendors and one-time buys. Can you manage both, digitally?

S2 Ep 1: Importance of Subjective KPIs in SRM – Lars Kuch from LeanLinking

Strategic supplier relationships are more than just hard KPIs, especially for indirect procurment. We need vendor performance in an easy-to-use platform.