Interview with Our CEO at Procuretech Founder’s Circle Event
Video
Telecom-Network Infrastructure Pricing
Often the data available on your Telecom network infrastructure is so scattered that you are unable to negotiate better prices for lack of information. There are so many factors and complexities to consider that is inevitable to be overwhelmed. How to determine the optimal price to aim for when negotiating new deals or renewing […]
The Modern Telecom and IT – Value Extraction Guide
Summary Telecom, IT & Cloud make up 83% of global IT spend according to the worldwide IT spending report by Gartner. This is a massive number highlighting how significant these categories are to IT Procurement organizations. Yet, despite the best efforts of IT Procurement to secure and sustain the best value for their business, they […]
Enabling Management Consultants to Drive True Cost Transformation for Clients
Management consultants are dedicated to creating value for their clients, and the purest form of this is cost transformation. Making a meaningful impact on client costs requires simplification and innovation, empowering the client to pursue new opportunities and growth. Consultancies can help their clients with complexity management and budgeting to some extent, but a solution […]
Tackling the Root Cause of the World’s Billing Problem
Identifying cost savings for customers who have been consistently overcharged only solves one part of the global billing problem. Technology service providers, such as telecoms companies, are also at risk when failing to accurately bill their clients. Losing customers and breaching regulatory compliance are the foremost hazards, particularly at this time of increased data scrutiny and […]
Uncovering Technology Service Savings Is Now as Easy as Using Google
When you Google something, have you ever wondered how it can provide specific results for you to explore? The answer is semantic technology, specifically the famous Knowledge Graph in the case of Google. The main goal of semantic technologies is to help machines understand data, and they are now enabling an evolution from simple relational database […]
Calculating the True Cost of Your Billing Problem
If you are part of a large organization, it almost certainly uses over 100 interconnected technology services and product offerings. Whether these services are telecoms or ICT related, they are generating frequent and complex bills. Measuring the outcomes yielded by these services against their cost is hard, meaning that most will spend up to 50% […]
Future of Procurement in the Digital Age
We have reached a point where technology innovation has enabled an advanced new approach to procurement. This has come at a crucial moment for enterprise companies, with organisations now routinely spending more money on technology services than on goods. Massive complexity, poor data quality, and ineffective cataloging of contract and invoice information is causing companies […]
7 Common Procurement Challenges and How to Manage Them
Procurement has been at the heart of a company’s success since the Egyptians in 3000 BC. However, the complex nature of managing procurement means it is not without challenges. Business procurement departments have a variety of different responsibilities. Managing procurement involves everything from contracts to supplier relationships. It means it is a dynamic role that has to […]
Why You Need Spend Management Analytics in Digital Procurement
How do you reduce procurement costs, improve efficiency, and track and control workflows? The answer: Spend management Over the years, spend management has evolved into a continuous, comprehensive approach. This goes a long way to keeping your business in check and improving your bottom line. Since Covid-19 first emerged, procurement organizations have faced a barrage […]
