The document discusses 7 ways that procurement innovation is fundamentally changing spend management. It summarizes how innovations like taking best practices from web 2.0, leveraging the crowd, providing real-time notifications, integrating systems, and moving to cloud-based platforms have transformed procurement from outdated paper-based processes to more strategic and collaborative functions. Key innovations include empowering employees in procurement, increasing compliance through on-demand training, and demonstrating cost-savings through integrated systems that provide real-time spend visibility and control.
White paper achieving the most economically advantageous applications solutio...Newton Day Uploads
This is a White Paper that I produced in 2010 on the subject of how organizations have the potential to always achieve the most economically advantageous application solution for their business by insourcing IT thanks to the evolution of near-real-time applications authoring.
The Digital insurer was pleased to present at IQPC claims & underrwriting conference in Singapore in September 2013. The presentation aimed to stress the important of tablet POS toolkits as a tool to transform agency distribution. In that context the opportuntiy for digital underwriting is then clarified.
The Digital Insurer managed Asia's largest article forum for professionals interested in digital insurance.
Organizational Change Management: A Make or Break Capability for Digital SuccessCognizant
To realize the full benefits of digital transformation programs, businesses must manage the impact of digital change on their operational structure, culture and employees.
This document contains a brief on Blue Bricks' 3 products - Service Guard, XPAT 2.0 and Axiom Protect. Please do have a read and we look forward to hearing from you.
More and more companies are closely examining IT operations, and IT leaders are constantly under pressure to provide more service with less. Research shows that corporate IT spend as a percentage of revenue ranges from 3.46% to 0.89%, and industry analysts predict IT departments will face 5-10% budget reductions in the coming fiscal year. What can be done to alleviate some of these pressures?
When companies are able to align IT costs to business objectives, it significantly increases the strategic value of the company's IT investments. Learn how IT leaders are applying Lean Six Sigma to align IT costs with overall business objectives. Compare typical approaches to IT cost reduction and the advantages/disadvantages of each and hear case studies from other companies implementing Lean Six Sigma in IT.
Learn how to get started with Lean Six Sigma in IT and how to effectively assess your current IT operations.
White paper achieving the most economically advantageous applications solutio...Newton Day Uploads
This is a White Paper that I produced in 2010 on the subject of how organizations have the potential to always achieve the most economically advantageous application solution for their business by insourcing IT thanks to the evolution of near-real-time applications authoring.
The Digital insurer was pleased to present at IQPC claims & underrwriting conference in Singapore in September 2013. The presentation aimed to stress the important of tablet POS toolkits as a tool to transform agency distribution. In that context the opportuntiy for digital underwriting is then clarified.
The Digital Insurer managed Asia's largest article forum for professionals interested in digital insurance.
Organizational Change Management: A Make or Break Capability for Digital SuccessCognizant
To realize the full benefits of digital transformation programs, businesses must manage the impact of digital change on their operational structure, culture and employees.
This document contains a brief on Blue Bricks' 3 products - Service Guard, XPAT 2.0 and Axiom Protect. Please do have a read and we look forward to hearing from you.
More and more companies are closely examining IT operations, and IT leaders are constantly under pressure to provide more service with less. Research shows that corporate IT spend as a percentage of revenue ranges from 3.46% to 0.89%, and industry analysts predict IT departments will face 5-10% budget reductions in the coming fiscal year. What can be done to alleviate some of these pressures?
When companies are able to align IT costs to business objectives, it significantly increases the strategic value of the company's IT investments. Learn how IT leaders are applying Lean Six Sigma to align IT costs with overall business objectives. Compare typical approaches to IT cost reduction and the advantages/disadvantages of each and hear case studies from other companies implementing Lean Six Sigma in IT.
Learn how to get started with Lean Six Sigma in IT and how to effectively assess your current IT operations.
Integrated Service Management (IBM Tivoli)IBM Danmark
I takt med at verden bliver mere og mere instrumenteret, sammenkoblet og intelligent, stilles stadig større krav til en dynamisk infrastruktur. Med IBM Integrated Service Management kan du automatisere og effektivisere processer, vedligeholde systemer, monitorere sammenhænge og eliminere huller i sikkerheden – og derved opnå overblik, øget produktivitet og vækst.
Læs om fordelene ved IBM Integrated Service Management. Læs mere her: bit.ly/softwaredagtivoli01
Loudoun SBDC Information Technology (IT) Investment CIO and Due Diligence Str...Ted McLaughlan
Information Technology (IT) concerns and strategies a Chief Information Officer (CIO) deals with are equally relevant for small businesses and startups, as they are for larger businesses. A presentation to the Loudoun Small Business Development Center (SBDC).
Next Generation Communications & Document Automation For Legal ServicesDavid Blumentals
Helping law firms realize cost reductions upwards of 50% and productivity efficiencies in excess of 80% while ensuring improved document quality with faster, more reliable communications and compliance across the firm
Executive summary outlining the benefits of ARMnet Financial Product Management Solution for origination and servicing in the lending, mortgage and wealth management space.
[ I B M] Ibm Banking Overview Final Version For F T UEcom Ftu
Do ông Aaron Axworthy trình bày tại hội thảo "TMĐT-Cơ hội nghề nghiệp trong tầm tay"
Giám đốc mảng dịch vụ tài chính tại 3 nước Vietnam, Laos và Campuchia.
Securing the Office of Finance in the Cloud -- Separating Fact from FictionWorkday
According to Forrester Research, the global cloud computing market is valued at an estimated $40.7 billion. In the future, this market is expected to grow exponentially, as companies accelerate their adoption of cloud computing.
It's clear that cloud computing is being widely adopted as a cost-effective strategy for deploying mission-critical applications within the enterprise. Yet, myths regarding privacy and security often cloud the decision-making process.
Join us for a Webcast that will explore the facts and fictions of cloud computing for the Office of Finance. In an effort to set the record straight, our distinguished panel of experts will dive into topics that include cloud security, risk management, and finance.
The panelists for this Webcast are:
Moderator: Russ Banham, Contributing Editor, CFO magazine
Dr. Lothar Determann, Partner, Baker & McKenzie LLP
John Hugo, Vice President and Corporate Controller, Life Time Fitness
Stan Swete, Chief Technology Officer, Workday
Organisation buying behaviour is different from individual buying behaviour. What type of buying system has been used by organisation and what system they have adopted is discussed in the presentation. The factor which considering by purchase manager while order placement has also been discussed here.
Reducing the pain of Purchasing in constructionPeriphery Group
In today’s world, construction projects are often complex endeavors involving many different groups and entities.
Construction companies require mature and efficient processes to keep everyone on target and get the work
completed on time. From the smallest residential housing development to the largest office tower project,
construction companies’ processes must scale at the same rate. Otherwise keeping everything on track is
impossible.
Integrated Service Management (IBM Tivoli)IBM Danmark
I takt med at verden bliver mere og mere instrumenteret, sammenkoblet og intelligent, stilles stadig større krav til en dynamisk infrastruktur. Med IBM Integrated Service Management kan du automatisere og effektivisere processer, vedligeholde systemer, monitorere sammenhænge og eliminere huller i sikkerheden – og derved opnå overblik, øget produktivitet og vækst.
Læs om fordelene ved IBM Integrated Service Management. Læs mere her: bit.ly/softwaredagtivoli01
Loudoun SBDC Information Technology (IT) Investment CIO and Due Diligence Str...Ted McLaughlan
Information Technology (IT) concerns and strategies a Chief Information Officer (CIO) deals with are equally relevant for small businesses and startups, as they are for larger businesses. A presentation to the Loudoun Small Business Development Center (SBDC).
Next Generation Communications & Document Automation For Legal ServicesDavid Blumentals
Helping law firms realize cost reductions upwards of 50% and productivity efficiencies in excess of 80% while ensuring improved document quality with faster, more reliable communications and compliance across the firm
Executive summary outlining the benefits of ARMnet Financial Product Management Solution for origination and servicing in the lending, mortgage and wealth management space.
[ I B M] Ibm Banking Overview Final Version For F T UEcom Ftu
Do ông Aaron Axworthy trình bày tại hội thảo "TMĐT-Cơ hội nghề nghiệp trong tầm tay"
Giám đốc mảng dịch vụ tài chính tại 3 nước Vietnam, Laos và Campuchia.
Securing the Office of Finance in the Cloud -- Separating Fact from FictionWorkday
According to Forrester Research, the global cloud computing market is valued at an estimated $40.7 billion. In the future, this market is expected to grow exponentially, as companies accelerate their adoption of cloud computing.
It's clear that cloud computing is being widely adopted as a cost-effective strategy for deploying mission-critical applications within the enterprise. Yet, myths regarding privacy and security often cloud the decision-making process.
Join us for a Webcast that will explore the facts and fictions of cloud computing for the Office of Finance. In an effort to set the record straight, our distinguished panel of experts will dive into topics that include cloud security, risk management, and finance.
The panelists for this Webcast are:
Moderator: Russ Banham, Contributing Editor, CFO magazine
Dr. Lothar Determann, Partner, Baker & McKenzie LLP
John Hugo, Vice President and Corporate Controller, Life Time Fitness
Stan Swete, Chief Technology Officer, Workday
Organisation buying behaviour is different from individual buying behaviour. What type of buying system has been used by organisation and what system they have adopted is discussed in the presentation. The factor which considering by purchase manager while order placement has also been discussed here.
Reducing the pain of Purchasing in constructionPeriphery Group
In today’s world, construction projects are often complex endeavors involving many different groups and entities.
Construction companies require mature and efficient processes to keep everyone on target and get the work
completed on time. From the smallest residential housing development to the largest office tower project,
construction companies’ processes must scale at the same rate. Otherwise keeping everything on track is
impossible.
1- Background and ProblemThere is a regional clothing store c.docxjeremylockett77
1- Background and Problem:
There is a regional clothing store chain that has 8 different locations in the northeast. They have the traditional technologies expected for this type of store (point of sale system, inventory, etc.).
The clothing store chain has been doing well, but has seen a decrease in their sales over time. This is typical of all similar stores, with the popularity of online shopping. The store is really well known for customer service and their products, so they have not been hit quite as hard as others and is not on the verge of bankruptcy. Even with that, there is a need to look at solutions for increasing their revenue.
The store has decided that one of the things they want to do to increase sales is to invest in technology. They are not interested in necessarily changing out their existing systems though. What they want to do is invest in a technology that will help give them a solid competitive advantage compared to other similar brick and mortar stores, as well as all of the technologies that online stores take advantage of.
The primary requirements for this product are:
1. The technology needs to support multiple store locations and allow syncing so that customers have the same experience in any location
2. The solution should help support their sales by providing them with an advantage over other brick and mortar stores
3. The solution should be easily implemented in terms of any employee or customer interactions
4. Depending on what the solution will be working with in terms of data, there could be security concerns
Instead of developing a solution in-house, the regional clothing store has decided to acquire and integrate a solution. The solution may be a single product or an effort that integrates multiple products with minimal additional effort required for integration to minimize cost.
2- AS AN INNOVATION ON MY PREVIOUS PROJECT-1, I HAVE CHOSEN “Business Website” FOR “Background and Problem:”
Business Website
It is easy to set up a business website because it requires a computer and a specialist. It benefits both the consumer and the seller in different ways. The seller is able to reach as many people as possible, therefore having a high chance of gaining more customers. The customers have access to information about the products they are interested in and can even order for them and thus saving them a lot time and resources which would have been wasted if they had gone to the store physically. It is a platform which can attract stakeholders due to its ability to be accessed by anyone from anywhere. It is a cost-effective solution which should be adopted by the clothing store chain.
Selection
The company should adopt the business website other than the other two trends. Creating a website is less expensive than buying a HRIS software or adopting machine learning. A business should select an innovative technological trend which will not incur the business a lot of expenses. It also takes a short time to design ...
Streamline vendor onboarding process through automation with a vendor management software-quick approvals-seamless data capture-improved vendor relationship.
CIS 2015- User-centric Privacy of Identity- Jenn BehrensCloudIDSummit
Enterprises increasingly require higher level of assurance credentials for authentication. How do enterprises inspire trust for users? How do they impart that identity management solutions value and uphold privacy best-practices and regulations? Jenn will highlight how the application of a user-experience discipline intersects both legal and trust issues surrounding cloud-based applications. Discussion will underscore legal advantages of user-centric identity management as an authentication compliance strategy. The industry goal of improving trust of a solution by focusing on user control will also be linked to consumer and relying party adoption as a market-differentiating privacy risk mitigation strategy.
Coupa Crank Up the savings roadshow presentation. See how your company can save by using innovative on demand spend management software. Presentation from analyst Jason Busch
According to the Hackett Group, vendor fees are the #1 obstacle to enabling e-Invoicing. We agree. That's why Coupa doesn't charge your suppliers any fees. In this presentation, we discuss just how Coupa is helping customers be successful with supplier enablement.
With all Coupa customers in one true cloud, running on a single line of code, we can all benefit from the 'collective' - the power of the Coupa community. From aggregate performance benchmarks to group purchasing discounts (Coupa Advantage), this session will address how you can leverage that power from Day One on the Coupa platform. We call this "Spend it Forward"!
Unified Spend Visibility and Control with Expenses that Employees LoveCoupa Software
Tear down the expense management silo. Learn how Coupa Expenses works with the Coupa suite to enable a comprehensive spend strategy that goes far beyond approving and paying back expense reports. See how to get real integrated spend data, set up specific policies and optimize all of your spend - while giving your employees innovative capabilities for automated creation of accurate reports. Looking for a detailed use case? Ask us: http://www.coupa.com/contact-us/
Your procurement system must make it quick and easy for all your employees to get the goods, services and information they need to do their jobs - while ensuring use of preferred suppliers and compliance to policies. Without user adoption, you can't capture and optimize spend, and you cannot succeed. Find out how and why Coupa puts users first in procurement design and deployment. Looking for a detailed use case? Ask us: http://www.coupa.com/contact-us/
Managing Growth: Scaling Financial Processes and Spend Management with Coupa Coupa Software
Growth is great but it also stresses internal resources and processes. Learn from fast-growing Coupa customers how they have used Coupa to maintain controls, increase efficiency and drive compliance, while expanding their businesses and managing ever-increasing transactional volumes. Need a detailed use case? Send us a request: http://www.coupa.com/contact-us/
Invoicing Innovation - Taking Accounts Payable to the Next Level Coupa Software
Increase efficiency, accuracy and compliance to drive costs out of your AP processes. This session will demonstrate Coupa Invoicing and explain how you can automate existing processes, manage by exception, and move from paper-based to touchless invoicing.
Want a detailed use case? Ask us: http://www.coupa.com/contact-us/
Coupa can integrate with any application in your enterprise, making it possible to automate and streamline business processes across the organization. Get a good look at our integration technology and APIs, and learn from customers who've used them to build integrations successfully.
How Coupa Contracts Can Increase ComplianceCoupa Software
Coupa Contracts provides powerful tools for better compliance and insights into spend. See demonstrations and learn how to manage punchout sites, tiered pricing, blanket POs, content restricted to certain groups, and more.
Want a detailed use case? Ask us: http://www.coupa.com/contact-us/
Onboarding new suppliers can be a challenge. Join this session for best practices to rapidly enable suppliers and begin transacting with them. You'll walk away with lots of advice and proven processes from Coupa experts and customers. Want a detailed use case? Ask us: http://www.coupa.com/contact-us
Sourcing doesn't have to be a big, complicated process that only trained professionals can manage. Learn how anyone who purchases goods and services can run Coupa Sourcing events to get better deals. Plus see how the sourcing results can be seamlessly converted into contracts and POs to capture those savings.
Eliminate Redundant Spend and Increase Savings with Coupa Inventory Coupa Software
Coupa Inventory provides real-time visibility into stock on hand while ordering, eliminating redundant spend and reducing waste. Learn how you can better leverage existing inventory, whether it's across supply closets, stock rooms or manufacturing warehouses.
With its true cloud architecture and flexible configuration capabilities, Coupa is a natural for technology firms dealing with growth and change. High tech also spends heavily on services and Coupa shines there as well. Listen as Coupa customers explain how they use Coupa to meet the requirements of high tech and their high volume of services spend.
Coupa Savings-as-a-Service for Healthcare Coupa Software
Today’s healthcare environment is marked by constant change and uncertainty. Join us to hear from customers who are leveraging Coupa to drive profitability and success in the dynamic healthcare industry. Want a detailed use case? Ask us: http://www.coupa.com/contact-us/
Coupa Analytics: Actionable Insights to Optimize Your Spend Coupa Software
In this session, you'll learn how Coupa Analytics provides accurate, actionable and accessible insights in real-time that allow executive and business owners to track toward goals and make more informed decisions. Want a detailed use case? Ask us: http://www.coupa.com/contact-us/
Business Agility: Leveraging the Power of Coupa ConfigurationCoupa Software
Need to adjust Coupa to adapt to changing business requirements? In this session, you'll see how Coupa's rules, workflows and custom fields can by managed by the business owner via drag and drop configuration. Learn how to meet your business needs without relying on IT or consultants.
Want a detailed use case? Ask us: http://www.coupa.com/contact-us/
Procurement to the People - Coupa Bourne Leisure WebcastCoupa Software
Bourne's business drivers and challenges
Their strategy for getting board approval
How they persuaded skeptical users
Why suppliers came on board
Results - including a higher profile for procurement!
A tale of scale & speed: How the US Navy is enabling software delivery from l...sonjaschweigert1
Rapid and secure feature delivery is a goal across every application team and every branch of the DoD. The Navy’s DevSecOps platform, Party Barge, has achieved:
- Reduction in onboarding time from 5 weeks to 1 day
- Improved developer experience and productivity through actionable findings and reduction of false positives
- Maintenance of superior security standards and inherent policy enforcement with Authorization to Operate (ATO)
Development teams can ship efficiently and ensure applications are cyber ready for Navy Authorizing Officials (AOs). In this webinar, Sigma Defense and Anchore will give attendees a look behind the scenes and demo secure pipeline automation and security artifacts that speed up application ATO and time to production.
We will cover:
- How to remove silos in DevSecOps
- How to build efficient development pipeline roles and component templates
- How to deliver security artifacts that matter for ATO’s (SBOMs, vulnerability reports, and policy evidence)
- How to streamline operations with automated policy checks on container images
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024Albert Hoitingh
In this session I delve into the encryption technology used in Microsoft 365 and Microsoft Purview. Including the concepts of Customer Key and Double Key Encryption.
Unlocking Productivity: Leveraging the Potential of Copilot in Microsoft 365, a presentation by Christoforos Vlachos, Senior Solutions Manager – Modern Workplace, Uni Systems
Removing Uninteresting Bytes in Software FuzzingAftab Hussain
Imagine a world where software fuzzing, the process of mutating bytes in test seeds to uncover hidden and erroneous program behaviors, becomes faster and more effective. A lot depends on the initial seeds, which can significantly dictate the trajectory of a fuzzing campaign, particularly in terms of how long it takes to uncover interesting behaviour in your code. We introduce DIAR, a technique designed to speedup fuzzing campaigns by pinpointing and eliminating those uninteresting bytes in the seeds. Picture this: instead of wasting valuable resources on meaningless mutations in large, bloated seeds, DIAR removes the unnecessary bytes, streamlining the entire process.
In this work, we equipped AFL, a popular fuzzer, with DIAR and examined two critical Linux libraries -- Libxml's xmllint, a tool for parsing xml documents, and Binutil's readelf, an essential debugging and security analysis command-line tool used to display detailed information about ELF (Executable and Linkable Format). Our preliminary results show that AFL+DIAR does not only discover new paths more quickly but also achieves higher coverage overall. This work thus showcases how starting with lean and optimized seeds can lead to faster, more comprehensive fuzzing campaigns -- and DIAR helps you find such seeds.
- These are slides of the talk given at IEEE International Conference on Software Testing Verification and Validation Workshop, ICSTW 2022.
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...DanBrown980551
Do you want to learn how to model and simulate an electrical network from scratch in under an hour?
Then welcome to this PowSyBl workshop, hosted by Rte, the French Transmission System Operator (TSO)!
During the webinar, you will discover the PowSyBl ecosystem as well as handle and study an electrical network through an interactive Python notebook.
PowSyBl is an open source project hosted by LF Energy, which offers a comprehensive set of features for electrical grid modelling and simulation. Among other advanced features, PowSyBl provides:
- A fully editable and extendable library for grid component modelling;
- Visualization tools to display your network;
- Grid simulation tools, such as power flows, security analyses (with or without remedial actions) and sensitivity analyses;
The framework is mostly written in Java, with a Python binding so that Python developers can access PowSyBl functionalities as well.
What you will learn during the webinar:
- For beginners: discover PowSyBl's functionalities through a quick general presentation and the notebook, without needing any expert coding skills;
- For advanced developers: master the skills to efficiently apply PowSyBl functionalities to your real-world scenarios.
GraphRAG is All You need? LLM & Knowledge GraphGuy Korland
Guy Korland, CEO and Co-founder of FalkorDB, will review two articles on the integration of language models with knowledge graphs.
1. Unifying Large Language Models and Knowledge Graphs: A Roadmap.
https://arxiv.org/abs/2306.08302
2. Microsoft Research's GraphRAG paper and a review paper on various uses of knowledge graphs:
https://www.microsoft.com/en-us/research/blog/graphrag-unlocking-llm-discovery-on-narrative-private-data/
DevOps and Testing slides at DASA ConnectKari Kakkonen
My and Rik Marselis slides at 30.5.2024 DASA Connect conference. We discuss about what is testing, then what is agile testing and finally what is Testing in DevOps. Finally we had lovely workshop with the participants trying to find out different ways to think about quality and testing in different parts of the DevOps infinity loop.
GraphSummit Singapore | The Art of the Possible with Graph - Q2 2024Neo4j
Neha Bajwa, Vice President of Product Marketing, Neo4j
Join us as we explore breakthrough innovations enabled by interconnected data and AI. Discover firsthand how organizations use relationships in data to uncover contextual insights and solve our most pressing challenges – from optimizing supply chains, detecting fraud, and improving customer experiences to accelerating drug discoveries.
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...James Anderson
Effective Application Security in Software Delivery lifecycle using Deployment Firewall and DBOM
The modern software delivery process (or the CI/CD process) includes many tools, distributed teams, open-source code, and cloud platforms. Constant focus on speed to release software to market, along with the traditional slow and manual security checks has caused gaps in continuous security as an important piece in the software supply chain. Today organizations feel more susceptible to external and internal cyber threats due to the vast attack surface in their applications supply chain and the lack of end-to-end governance and risk management.
The software team must secure its software delivery process to avoid vulnerability and security breaches. This needs to be achieved with existing tool chains and without extensive rework of the delivery processes. This talk will present strategies and techniques for providing visibility into the true risk of the existing vulnerabilities, preventing the introduction of security issues in the software, resolving vulnerabilities in production environments quickly, and capturing the deployment bill of materials (DBOM).
Speakers:
Bob Boule
Robert Boule is a technology enthusiast with PASSION for technology and making things work along with a knack for helping others understand how things work. He comes with around 20 years of solution engineering experience in application security, software continuous delivery, and SaaS platforms. He is known for his dynamic presentations in CI/CD and application security integrated in software delivery lifecycle.
Gopinath Rebala
Gopinath Rebala is the CTO of OpsMx, where he has overall responsibility for the machine learning and data processing architectures for Secure Software Delivery. Gopi also has a strong connection with our customers, leading design and architecture for strategic implementations. Gopi is a frequent speaker and well-known leader in continuous delivery and integrating security into software delivery.
SAP Sapphire 2024 - ASUG301 building better apps with SAP Fiori.pdfPeter Spielvogel
Building better applications for business users with SAP Fiori.
• What is SAP Fiori and why it matters to you
• How a better user experience drives measurable business benefits
• How to get started with SAP Fiori today
• How SAP Fiori elements accelerates application development
• How SAP Build Code includes SAP Fiori tools and other generative artificial intelligence capabilities
• How SAP Fiori paves the way for using AI in SAP apps
Sudheer Mechineni, Head of Application Frameworks, Standard Chartered Bank
Discover how Standard Chartered Bank harnessed the power of Neo4j to transform complex data access challenges into a dynamic, scalable graph database solution. This keynote will cover their journey from initial adoption to deploying a fully automated, enterprise-grade causal cluster, highlighting key strategies for modelling organisational changes and ensuring robust disaster recovery. Learn how these innovations have not only enhanced Standard Chartered Bank’s data infrastructure but also positioned them as pioneers in the banking sector’s adoption of graph technology.
3. Why is innovation so important?
Innovation is what moves us forward to be able to:
Be more efficient
Be more effective
Save (time, money, lives, etc.)
Improve quality
Make new discoveries
Stay on the cutting edge
Be thought leaders
4. Innovation has redefined everything we do!
How wewe travel
we we shop
How we buy
HowHowcommunicate
How commute
How we power our lives
VS
VS
VS
VS
5. E-Procurement 1.0
Improved efficiency and handling
Took what was being done on paper
and put it online
Reduced the need for manual
intervention
Automated basic workflows like
requisition approvals
Introduced supplier networks
Basic integration into certain systems
like ERP
6. Stalled Innovation
E-Procurement 1.0 required a robust technological
backbone
Quarters-to-years to implement
Delayed time to value
Limited ability to prove ROI
Teams of resources to setup and maintain
Technology and market conditions stalled innovation
Dotcom bust
Technology skepticism
7. Introducing the Cloud & Web 2.0
More applications and innovation that have once again
redefined the way we…
Communicate (social networks, blogs)
Get information (RSS, newsfeeds)
Shop (online auctions, name your own price, supplier
aggregators)
Manage and maintain applications (less software, less
hardware)
And it is redefining the way that procurement, purchasing
and sourcing organizations work
8. 7 Innovations That Are Changing Procurement
1. Take the best from Web 2.0 to drive adoption
2. Leverage the power of the crowd to save even more
3. Notify the right people to prevent overspending
4. Educate employees as they buy to increase compliance
5. Integrate and collaborate between systems
6. Demonstrate real results and value
7. A single platform for controlling all indirect spend
10. The Status Quo
Enterprise software has to be hard
Designed for functionality, not usability
Requires hardware, software and IT to support
You need to be a highly trained expert to use it
11. Disruptive Innovation
Enterprise software can be as easy as
consumer software
Web 2.0 introduced a new generation of applications that
Are more user friendly and user focused
Puts power in the hands of the end user
Makes it easier and faster to share information
Provides a forum for anyone to say anything
12. Impact on Procurement
1. Easy to use, familiar experience
As easy to use as performing a
Google search
2. Solutions that empower users
One set of results provide purchase
options across all channels
3. Take advantage of global
suppliers and deals
Easily purchase from any supplier
within the process
14. The Status Quo
Only professional buyers can source
good deals
They are the most educated on suppliers in the space
Have the skills to negotiate favorable terms and prices
Are able to manage the process to choose the right
supplier for the right purchase
15. Disruptive Innovation
Anyone can find a good deal!
Online world changed the way we buy – personally and
professionally
Buyers – not sellers – are in control
No more global boundaries, you can buy from anyone at
anytime
Improved tools for comparison shopping, naming your
price, etc.
16. Impact on Procurement
1. Employees are skilled bargain
shoppers
They bargain shop in the personal lives
2. Employees are “experts” on what
they need to get their job done
They know what they need and who
niche suppliers in the particular area
3. Procurement does not have to be
involved in every single ad-hoc
purchase
Employees can buy from any source
through the process
18. The Status Quo
Too little, too late information
Hard to access, disjointed data
Manual processing to calculate key metrics
Received once action has already been taken
19. Disruptive Innovation
Real-time data means real-time results
Faster access to data necessary for smarter business
decisions
Instant access lets you know what is happening at that exact
moment
Proactive, customized alerts keeps you abreast of important
things as they happen
20. Impact on Procurement
1. Be in the know in real-time
Email and mobile budget and spend
alerts
2. Understand consequences
BEFORE taking action
Know the budget impact before you
decide to approve
3. Stay on track and on budget
Predict spend based on historic
trends
22. The Status Quo
Policies are created, but often ignored
Published in paper manuals or company intranets
Information not easily accessible during purchase
Employees are trained once
23. Disruptive Innovation
Empowerment, not only enablement
E-Procurement empowers users beyond just filling out a
form
Use the process as a chance to educate employees on how to
buy and from where to buy
Get end-users involved in providing feedback on suppliers and
product quality
24. Impact on Procurement
1. Employees are educated as they
buy
“How to buy” policies are accessible
WHEN they buy
2. No more excuses for not knowing
Inline alerts let users know if they
are missing information
3. Share your experience
Automated requests encourage
users to share their feedback
26. The Status Quo
Procurement has e-procurement, accounting
has ERP, employees have order forms, etc.
Multiple, disparate systems
Limited ability to work across departments
Forces manual intervention
27. Disruptive Innovation
Faster, easier, cheaper integration
More common, compatible platforms and technology
Out-of-the-box system connectors
Open APIs for integration with key systems
Automatic data flow between systems
Users continue to use existing systems with little disruption
28. Impact on Procurement
1. Eliminate the need for manual rekeying of data
System synching automatically passes information from system to
system
2. Continuous information and process flow between
departments and systems
Customizable business rules, approval workflows, invoice tolerance
matching, etc.
3. Accelerate the time to value in other investments
Extend the power of your existing systems through integration
30. The Status Quo
Procurement is a necessary function, not
a strategic asset
Spending-centric vs. savings-centric
Things HAVE to be bought for business
Use it or lose it planning and budgeting
31. Disruptive Innovation
Procurement is critical to company
success
Procurement has the power to drive real efficiencies and
savings
True process automation with flexible workflows for quick changes
/ corrections
Data / feedback to identify the best suppliers, terms and deals
Greater visibility and control to eliminate wasteful, unapproved
maverick spending
32. Impact on Procurement
1. Procurement is focused on savings –
not spending!
New tools, resources and insights
narrow in on where savings can be
obtained
2. Real-time process management and
changes
Easily add / remove people from
workflows or change limits based on
roles, responsibilities and behaviors
3. Comparative benchmarks
See how you stack up to similar users,
other companies and the competition
34. The Status Quo
Purchases are managed through one
system, expenses are managed through
another
Unable to get view of all spend against a specific budget
Have to rely on finance to provide spend insights
Two separate systems to pay for, two separate systems to
maintain
?
35. Disruptive Innovation
Multi-tenant, cloud computing
platforms
Support multiple roles, workflows and applications
through a single platform
One line of code means always the latest release and innovations
One platform equals one database for comprehensive reporting
One system for users to access, one process for approvers to
manage
36. Impact on Procurement
1. One system to drive 100% budget
compliance
Purchase requisitions and expense
reports managed from a centralized
system
2. Consistent user experience
Same easy-to-use interface for
requests and approvals
3. One system to maintain
One system to upgrade, keep
information current and to train
employees on
38. Summary
Innovation is key to improving and moving forward
7 recent innovations have radically changed procurement
1. Take the best from Web 2.0 to drive adoption
2. Leverage the power of the crowd to save even more
3. Notify the right people to prevent overspending
4. Educate employees as they buy to increase compliance
5. Integrate and collaborate between systems
6. Demonstrate real results and value
7. A single platform for controlling all indirect spend
Move to the cloud to get the latest and greatest
Cloud technologies make it possible to stay up-to-date without upgrade or IT
headaches
40. THANK YOU!
Rob Bernshteyn Mark Carlton
Chief Executive Officer Director, Solutions Consulting
rob.bernshetyn@coupa.com mark.carlton@coupa.com
Editor's Notes
Take a screen shot of search with results, animation to roll down with one and 2
Strategic extension to existing system
Accelerating time to value from your investments in other solutions
Take the best from Web 2.0 to drive adoptionLeverage the power of the crowd to save even moreNotify the right people to prevent overspendingEducation, not excusesIntegrate and collaborate between systemsDemonstrate real results and valueA single platform for controlling all indirect spend