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Thought Leadership  // Browsing posts in Thought Leadership

How Source-to-Settle Solutions Manage (and Leverage) Big Data – Supply Risk Management

In the digital age, organizations as a whole and procurement departments in particular swim in data. It is everywhere, spread across an alphabet soup of internal and external systems – some connected, some not; some refined, some not; some structured, some not. It wasn’t always this way. Twenty-five years ago, the procurement function was manual,...

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The Trends (and Benefits) of Cloud-Based Technology Adoption: CPOs Take Notice

As we discussed in our latest report, Cloud-based solutions are revolutionizing the way that enterprises conduct business. These web-based versions of common business tools, like analytics or document management tools, retain most or all of the functionality of their desktop versions and provide significant access, customization, and utility to end users. More organizations are ditching on-premises...

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Next-Gen Contingent Workforce Management Analytics – Part I

The most interesting aspect regarding the current state of the typical contingent workforce is how the “contingent workforce umbrella” has transformed a once-underutilized strategy into a dominant corporate force. It wasn’t until the economic downturn of the late 00s that contingent labor captured the attention of business executives. Forced to “do more with less,” corporations...

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The Trends (and Benefits) of Solution Suite Adoption: CPOs Take Notice

Ardent Partners has been tracking the supply management solution provider market, as well as the strategies, processes, and behaviors of Chief Procurement Officers (CPOs), their teams, and end users for many years. One of the trends that has emerged in the collection of survey responses is the rise in adoption of integrated strategic sourcing and procure-to-pay...

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Is Blockchain a “Future of Work” Gamechanger?

Innovation within the business world is now an accepted attribute. It does not surprise many professionals within the realm of procurement, human resources, finance, or other key functions when new technologies, platforms, and solutions arise to automate and/or enhance core business processes. And, in an age when the bridge between the consumer and business worlds...

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Procurement Influencer Series: Rob Bernshteyn of Coupa Part I

Publisher’s Note: The Ardent Partners family has grown by one with birth Jackson Robert York born yesterday to CPO Rising’s tireless editor, Matt York, and his wife Renee. All three are well (and sleeping we hope). Please joining us in welcoming Jackson and congratulating his parents! Last month, I sat down with Rob Bernshteyn, President and CEO of Coupa,...

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Webinar! Transforming Accounts Payable for the 21st Century

Several layers of today’s accounts payable (“AP”) function have gone unnoticed in recent years. As modern organizations continue to look internally for competitive advantages, they will soon realize that taking a strategic approach towards more tactical measures, such as those inherent to AP, can drive considerable value beyond basic cost efficiencies. In the contemporary business...

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CWM Technology in the Age of Innovation

Please note that my Contingent Workforce Weekly Podcast will return on the first Wednesday after Labor Day. As a reminder, Contingent Workforce Weekly is a new weekly podcast that will tackle a variety of issues within the non-employee workforce world, including the evolution of talent engagement, the impact of the “gig economy,” technology disruption, compliance and risk...

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How Will the “Gig Economy” Impact Procurement in 2017?

The procurement function has experienced first-hand business evolution across a variety of attributes, from technology and innovation to the emergence of data-driven strategies. Today’s procurement professionals have the opportunity to maximize their impact through a blend of various strategies and solutions that map directly to the strengths of the function. What’s particularly interesting about today’s procurement function...

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Genpact: A Procurement BPO Provider Swims Upstream

Genpact (Ticker: G), the business process outsourcing (“BPO”) firm, has a long history as a procurement outsourcing provider. Today’s article highlights my recent conversation with Jonathan Kirby, the SVP and Practice Leader of Genpact’s Source-to-Pay (“S2P”) services. Industry veterans may recognize the name since Jon is a former CPO bringing to bear 25 years of procurement and IT experience — notably as the Chief Procurement...

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