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eSourcing and eProcurement (BravoSolution)


BravoSolutionIn partnership with CIPS, BravoSolution welcomes you to the exclusive CIPS eSourcing & eProcurement knowledge area.

In this area, you will find resources, case studies and best practice guides on how to leverage eSourcing & eProcurement technologies to meet your everyday challenges, transforming conventional procurement
into a strategic function within your organisation by:

  • Using technology to robustly track and report on savings
  • Simplifying RFx processes across your organisation
  • Validating and justifying procurement decisions
  • Managing contract milestones, renewals and compliance
  • Driving supplier collaboration, engagement, communications and innovation
  • Managing internal and external stakeholders
  • Complying with local and organisational regulatory requirements 
  • Promoting user adoption
  • Extending your ERP system value

What's new?

Latest news in eSourcing & eProcurement

Live Webinar with Q&A | 26 September 2017

Supplier Relationship and Value Management: Does your organisation have what it takes?

There’s no point designing an SRM programme if your organisation lacks the competency to deliver it. Equally, simply training people without an agreed SRM method or strategy is a route to wasting your precious training budget. In this webinar, Four Pillars’ David Atkinson lays-out the skills necessary for effective SRM strategy development, the cross-functional creation of relationship strategies, and for supplier engagement that delivers real value to the buying organisation.

Find out more

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BravoSolution webinar

Live Webinar with Q&A | 29 August 2017 

Creating Transparency in the Supply Chain to Reduce Risk

Labour and Human Rights.  With the advent of disasters like Rana Plaza in Bangladesh, as well as factory work in low cost countries, working conditions are becoming a hot button for many companies.  An important transition into creating transparency is when large orgainsations can create a 'federated' network, by integrating smaller firms into their network and drive a common purpose is a concept that is emerging as key to global competition.  

Find out more

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BravoSolution webinar

On-Demand Webinar | Supplier Relationship and Value Management: The Five Programme Killers, and How to Overcome Them

This webinar offers two perspectives on implementing Supplier Relationship and Value Management: Firstly, as a programme, and then as a method.

Find out more

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BravoSolution On Demand Webinar

5 Ways to Maximise Value from Procure-to-Pay Implementations

This paper looks at purchase-to-pay (P2P) implementations and key points to consider to maximise the value that can be obtained from such systems.

Your will learn:

- Five factors to consider to maximize the value from P2P
- How to measure the benefits from the technology
- Future developments that will impact P2P processes and technology

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On-Demand Webinar | Finding Hidden In-Year Savings

In this webinar procurement expert and former Fujitsu CPO, Guy Allen, explores where you can look to find savings that will deliver in the current year, the levers and opportunities which are most likely to deliver the benefits you are seeking, finally what dangers and missed opportunities will you encounter by pursuing short term gains.

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BravoSolution On Demand Webinar

On-Demand Webinar | Innovative Data Leveraging for Procurement Analytics

In this on-demand webinar, Dr Robert Handfield of North Carolina State University, explores the types of common procurement problems that analytics technologies can help solve.The webinar also turns its eye to the future, describing the different emergent cognitive solutions that allow for real-time decision-making and predictive sourcing capabilities.

BravoSolution On Demand Webinar

On-Demand Webinar | Sourcing Optimisation - Understanding the Process & the Benefits

Traditional sourcing technologies are great for standard sourcing projects, but when faced with more complex projects, how do you ensure you're getting the best value from the market? The answer lies in a more open approach that's enabled by advanced technology - what's termed as 'Sourcing Optimisation'.

In this webinar, we take a look at Sourcing Optimisation, explaining what it is, how it differs to 'traditional' sourcing tools, and what benefits it can bring to your procurement efforts.


BravoSolution On Demand Webinar

On-Demand Webinar | Is an Integrated Source to Pay Solution Right For You?

In this on-demand webinar, procurement expert Peter Smith explains exactly what is meant by 'Source to Pay' software and looks at why it is gaining more traction in the industry. He also discusses how it compares to other approaches (particularly “best of breed” strategies) as well as assessing the options for implementation.

BravoSolution On Demand Webinar

ON-DEMAND WEBINAR | Leveraging Supplier Innovation

To fully exploit and create an analytics culture will require an approach that leverages third party solutions. Most innovation is driven today by small to medium sized organizations. To be fully able to drive innovation, procurement must serve as a key component in driving this change.

In this on-demand webinar, Dr Robert Hanfield looks at how you can identify and nurture strategic relationships with suppliers to encourage knowledge sharing and innovation.

BravoSolution On Demand Webinar

ON-DEMAND WEBINAR | Nurturing Procurement Talent in the Millennial Era

In this on-demand webinar, former CPO, Guy Allen looks at how Procurement can nurture Millennial talent to help address the shortage of talent in the procurement profession. After all, simply poaching staff from other organisations is not a sustainable solution for the profession as a whole.

BravoSolution On Demand Webinar
 

The Future of People, Processes and Technology

With the eldest of Millennials now in their early 30s, we are beginning to see them occupy more managerial and senior positions within workplaces. What this means is they’re beginning to imprint their beliefs and values on the workplace, shaping it to how they want organisations and teams to function.

In this whitepaper we look at the changes you can expect to see in the workplace, the procurement department and technology over the coming years and offer some considerations for the future of procurement.

Find out more

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ON-DEMAND WEBINAR | Next Generation Supplier Management

 In this webinar, procurement expert and former CPO, Peter Smith (Spend Matters UK/Europe) takes a look at the role of Supplier Management in a contemporary setting and how new technologies and considerations will impact the concept in the future. Peter also offers 5 key principles that he believes will influence the future development of supplier management technologies.



Top Tips to Make Your Procurement Suite RFP Stress-Free

The decision of choosing the right procurement technology will have a significant impact on your company’s bottom line, so it's important you get it right. Download this free toolkit to discover the top four frequently overlooked areas that you should consider when looking for a procurement suite provider.

Find out more

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Use of these links will take you away from the CIPS website to internet sites maintained by third parties. You assume sole responsibility for the use of all third-party links. CIPS provides these links as a convenience and accepts no responsibility for content, errors, omissions, or inaccuracies.

 

Resources

Resources to help you...

The 10 Reasons why ERP fails Procurement

Increasingly, procurement teams are being asked to "do more with less". They're expected to report on value contribution whilst working with constrained budgets and leaner workforces. This is where technology can help by enhancing transparency, driving sustainable cost savings, reducing supply chain risk and influencing innovation amongst the supply chain. Existing mainstream Electronic Resource Planning (ERP) tools have failed to deliver these capabilities and have notable gaps in pro-actively helping procurement deliver more value to the business.

In this whitepaper, we examine the top ten reasons for why ERP falls short in meeting the needs of strategic procurement organisations.

Find out more

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ON-DEMAND WEBINAR | The Good, the Bad and the Ugly of Source-to-Pay Implementation

Source-to-Pay implementation can be a daunting project and one that’s riddled with pitfalls and challenges. You have to understand the jargon, meet tight project deadlines and manage the interest of multiple stakeholders – and all whilst bringing the whole project in on budget. However, when done properly, a successful implementation can land you and your team respect and recognition from across your organisation.

In this on-demand webinar, procurement expert Guy Allen, looks at the benefits and pitfalls that come from implementing a eProcurement system and offers his advice on the considerations and common mistakes to take into account to ensure success.

Find out more

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The Universe of Modern Procurement

The procurement profession has moved on in recent years and it's easy to get left behind. In this webinar, ex-CIPS President, Craig Lardner, explores the new universe of modern procurement and its constituent parts to help you identify, in terms of procurement capability, where you’re falling short and where you're not, as an individual and as part of a team.

 



10 Considerations on Spend Analysis and Benchmarking in the NHS

With the growth of Spend Analysis as a 'hot topic' in public healthcare, there is now a raft of contradictory information around how to leverage data to avoid overspend, monitor compliance and drive savings.

In this short guide, we offer 10 key considerations that you should take into account when looking to select a Spend Analysis and Benchmarking solution.

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  By following this link you will be redirected to a page owned by BravoSolution

7 Reasons Why Projects Succeed
How can you deliver successful procurement projects? In this paper we discuss the top project success contributors identified in the latest 'Best Practices in Change Management' benchmarking survey from Prosci® and how they can be put into action.

Find out more

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Quick Wins for the New Procurement Leader

In this briefing paper, we look at why it is important for new procurement leaders, in whatever leadership role they hold, to focus on demonstrating some “quick wins” during their relatively early days in the job.

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Putting Suppliers at the Centre of Your Organisation
In this briefing paper from procurement expert, Peter Smith, we consider the importance of suppliers to almost every organisation, and look at how procurement professionals can ensure they are doing everything they can to maximise the value generated for the organisation by these suppliers.

Find out more

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ON-DEMAND WEBINAR | Supplier Value Management is the new Supplier Relationship Management

Suppliers can bring a lot of value to your organisation as sources of innovation and competitive advantage. It's therefore important that you manage them effectively and efficiently. In this webinar, we look at supplier lifecycle management and the benefits that a supplier-centric approach to procurement can bring to your organisation. Click here to watch the on-demand webinar and to download the presentation slides.



Driving Value from Your Sourcing Process

Too often, companies give away their competitive position before a final outcome has been agreed, weakening their negotiation position. In this live webinar, we focused on the key issue of competition in sourcing, looking at innovative ways that buyers can identify the best range of potential and then maintain competitive pressure throughout the sourcing process.

 



Putting Strategy into Action: A Procurement Roadmap for 2016

As a procurement professional, defining strategies and turning them into action plans comes with the territory. But all too often, translating procurement strategy into actionable plans can get lost in translation.

In this on-demand webinar, our guest speakers, Sigi Osagie and Peter Smith, address the critical success factors needed to deliver successful results in 5 key areas of procurement leadership.

 

Putting Strategy into Action: A Procurement Roadmap for 2016

The Universe of Modern Procurement

The procurement profession has moved on in recent years and its easy to get left behind. In this webinar, ex-CIPS President, Craig Lardner, explores the new universe of modern procurement and its constituent parts to help you identify, in terms of procurement capability, where you’re falling short and where you're not, as an individual and as part of a team. Click here to watch the on-demand webinar and to download the presentation slides.



A Guide to Contract Management

According to analysts, ineffective control of Contract Lifecycle Management cost businesses £100 billion per year in missed savings opportunities. Disputes over who controls the contracting process, the reluctance of legal teams to move to new technology, and the different data requirements of stakeholders have made it difficult for procurement teams to effectively manage contract compliance and vendor negotiations.

Find out more

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Cancer Research UK Selects BravoSolution to Advance Contract and Category Management Performance

London – 15 December, 2015: World’s leading cancer research charity invests in a revamped, strategic approach to procurement.

Find out more

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Cancer Research UK Selects BravoSolution to Advance Contract and Category Management Performance

Two of the United Kingdom’s Largest Hospitals Join BravoSolution's Spend Analytics and Benchmarking Cohort

London – 25 November, 2015: Two of the largest hospitals in the United Kingdom, Guy’s and St. Thomas NHS Trust and Leeds Teaching Hospitals NHS Trust, have recently joined BravoSolution’s BravoHealth spend analytics and benchmarking cohort.

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Guy's & St. Thomas' and Leeds NHS Press Release

Conflict Minerals 
Technology has become an integral part of society and the demand for minerals (such as gold, tungsten and tin) that are used in core technology components is growing as a result. However, whilst we enjoy our smartphones and tablet PCs, the sourcing of these lesser-known resources - or conflict minerals - is fuelling violent civil wars in the Democratic Republic of Congo and Uganda.
Find out more

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Can you Solve Risk with One Simple Equation?

In many organisations, Procurement is beginning to see risk as one of their responsibilities, second only to savings. In this short on-demand webinar we looked at identifying risk and considered how you might manage it to arrive at the best risk solution for your organisation.

View our on-demand Risk Management in the Supply Chain Webinar

 

NHS: The role of Technology in Procurement & Clinician Relationships

NHS: The role of Technology in Procurement & Clinician Relationships

In the midst of the current healthcare crisis, there has never been a greater need for increased co-operation, collaboration and communication in healthcare; for traditional boundaries to be broken down and differences overcome across the continuum of care, whether private or public sector, front-line care giver or technology provider.

View our on-demand webinar on the role of Technology in Procurement & Clinician Relationships

 

NHS: The role of Technology in Procurement & Clinician Relationships

Evaluate Bids and Tenders

Outsourcing Facilities Management is not a simple decision, the thought process behind this can raise many question over if it is right for your organisation.
Download decision making process 

In this on-demand webinar, we look at evaluating complex bids and tenders. This is far from the mechanical process that some might imagine, and takes us into challenging issues around weighting evaluation factors, and the basis for converting costs into scores so that we can compare cost against other factors. See how different methodologies can lead to totally different supplier selection results in some cases.

View our on-demand webinar on Evaluating Bids and Tenders

 

Evaluate Bids and Tenders


Events

Upcoming Events for your diary...


WEBINAR - Creating Transparency in the Supply Chain to Reduce Risk

Presented by Dr. Robert Handfield, Supply Chain Resource Organization Labour and Human Rights. With the advent of disasters like Rana Plaza in Bangladesh, as well as factory work in low cost countries, working conditions are becoming a hot button for many companies. An important transition into creating transparency is when large organizations can create a “federated” network, by integrating smaller firms into their network and drive a common purpose is a concept that is emerging as key to global competition.

29 August 2017 

1st Viewing: 12.00 GMT+1 - 13.00 GMT+1 (Recommended for EMEA audience)

2nd Viewing: 14.00 EDT - 15.00 EDT (Recommended for US & Canada audience) 

Register Now

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BravoSolution webinar

WEBINAR - Supplier Relationship and Value Management: Does Your Organisation Have What it Takes?

Presented by David Atkinson, Four Pillars Ltd. There’s no point designing an SRM programme if your organisation lacks the competency to deliver it. Equally, simply training people without an agreed SRM method or strategy is a route to wasting your precious training budget. In this webinar, Four Pillars’ David Atkinson lays-out the skills necessary for effective SRM strategy development, the cross-functional creation of relationship strategies, and for supplier engagement that delivers real value to the buying organisation. Webinar participants will be able to benchmark their current skills, and identify their future development needs.

26 September 2017 

1st Viewing: 12.00 GMT+1 - 13.00 GMT+1 (Recommended for EMEA audience)

2nd Viewing: 14.00 EDT - 15.00 EDT (Recommended for US & Canada audience) 

Register Now

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BravoSolution webinar

LIVE WEBINAR - Measuring the immeasurable:  KPIs have been replaced with QNVs (Quantified New Value).  Find out how to create them.

This webinar will explore the new performance measurement dimension of procurement.  The traditional measures have served us well, but it's time we moved on and showed our creativity and our credibility at the same time.  Previous webinars with Craig Lardner (Former CPO, BOC Group), explored new sources of value and that begs the question, "How do we measure new value?", "How do you measure the worth of an intangible benefit from a deal with a supplier?"  Our old KPIs have been re-invented and Craig will share some proven examples of how you can measure what we once thought was impossible to measure.  

11 October 2017

09.30 GST - 10.30 GST | 16.30 - 17.30 AEDT | 06.30 - 07.30 GMT-10

(Recommended for APAC and MENA audience)

Find out more

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BravoSolution webinar

WEBINAR - Strategic Cost Management

Presented by Dr. Robert Handfield, Supply Chain Resource Organization Strategic Cost Management, A Collaborative Approach. Cost reduction will continue to be a priority for organizations in multiple sectors. To drive value, organizations must look beyond price reduction achieved through strategic sourcing, and begin to think about impacts to other elements of cost.

17 October 2017

1st Viewing: 12.00 GMT+1 - 13.00 GMT+1 (Recommended for EMEA audience)

2nd Viewing: 14.00 EDT - 15.00 EDT (Recommended for US & Canada audience) 

Register Now

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BravoSolution webinar

WEBINAR - Procurement Planning for 2018

Presented by Guy Allen, Real World Sourcing Ltd. So the year end is approaching and hopefully you’ve got your year end numbers in the bag. But as a leader you can’t rest on your laurels, you need to start thinking about how you will make 2018 even better than your current achievements. We will look at some of the steps you can take to develop your plans for 2018.

14 November 2017 

1st Viewing: 12.00 GMT - 13.00 GMT (Recommended for EMEA audience)

2nd Viewing: 14.00 EST - 15.00 EST (Recommended for US & Canada audience) 

Register Now

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BravoSolution webinar

WEBINAR - Delivering Value (Not Just 'Savings')

Presented by Peter Smith, Spend Matters UK/Europe Most procurement leaders now understand that the procurement proposition has to be about organisational value, which is far more than simply 'savings'. In this webinar, we will look at how procurement can best explain this to their senior stakeholders and demonstrate how procurement actions contribute to the wider organisational success and competitive advantage. That will include some new thinking on how to consider different spend categories in terms of goals and measures.

12 December 2017 

1st Viewing: 12.00 GMT - 13.00 GMT (Recommended for EMEA audience)

2nd Viewing: 14.00 EST - 15.00 EST (Recommended for US & Canada audience) 

Register Now

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BravoSolution webinar

Case studies

Understand how other organisations use eSourcing & eProcurement Technology

Case Study: UK | Cancer Research UK

Cancer Research UK is the world’s foremost independent charity dedicated to cancer awareness, research, prevention, diagnosis and treatment. Working collaboratively with scientists, the medical profession, international research institutes, patients and government bodies, and raising awareness through numerous fundraising projects, it has developed ground-breaking scientific research that has helped to save hundreds of thousands of lives across the world.

Find out more

Case Study: UK | Cancer Research UK

Case Study: UK | Scottish Government: Caley Construction Ltd

The Government’s introduction of PCS-Tender (developed, implemented and powered by BravoSolution) as a free-to-use, eSourcing solution across the country, has dramatically changed the lives of the suppliers that have opted to use it. One such supplier is Caley Construction, who has been using the PCS-Tender solution since its inception. Download the case study to learn how we're helping level the playing field for SME suppliers.

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Case Study: UK | The Post Office

Case Study: MENA | KNPC

KNPC's Challenge: To find an application that would seamlessly integrate with KNPC’s Enterprise Asset Management System that would comply with strict IT security protocols.

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Case Study: MENA | KNPC

Case Study: Germany | Deutsche Post DHL

DPDHL's Challenge: To build one integrated SaaS platform to support all eProcurement activity across a global enterprise, replacing fragmented toolsets and ironing out redundant activity.

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Case Study: Germany | Deutsche Post DHL

Case Study: UAE | DP World

DP World's Challenge: To find a solution that could overcome geographical, cultural and linguistic differences within the organisation, save time with supplier on-boarding and pre-qualification processes and dramatically reduce procurement cycle times and costs for their buying team.

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Case Study: UAE | DP World

Case Study: New Zealand | New Zealand Defence Force

NZDF's Challenge: To implement an integrated strategic procurement system to gain a collaborative approach towards buy-side and supply-side activities across a diverse set of locations.

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Case Study: New Zealand | New Zealand Defence Force

Case Study: Australia | TransGrid

TransGrid's Challenge: To adopt a supplier performance management system to assess, monitor and report on supplier performance in a consistent manner across all business units.

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Case Study: Australia | TransGrid

Case Study: UK | The Post Office

The Post Office's Challenge: To implement a whole suite of strategic sourcing solutions for its business-critical procurement activity, set up and integrate a new system whilst transferring all contract data from the legacy system.

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Case Study: UK | The Post Office

About BravoSolution

About BravoSolution

Every company’s strategic objectives are different. Today more than ever before, procurement leaders are uniquely positioned to deliver more value to the business by meeting those objectives. To accomplish this, Procurement must look for innovative ways to drive efficiencies and effectiveness across their organisation, processes and technology.

With its market leading global strategic procurement platform, 15+ years of practitioner experience, directly serving over 70 countries, BravoSolution helps more than 600 companies and 65,000 purchasing professionals worldwide unlock the power of procurement to drive financial performance, build procurement organisational excellence, manage risk, and influence innovation. BravoSolution’s approach to strategic procurement consistently delivers business outcomes to enable customers to outperform.

BravoSolution

BravoSolution Acquires Procure-to-Pay Provider Puridiom

Chicago, August 8, 2016 — BravoSolution has acquired Puridiom, a privately-held on-demand procurement and AP solutions company based in Camp Hill, Pennsylvania. This acquisition expands BravoSolution’s footprint in the integrated Source-to-Pay market.

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BravoSolution Acquires Procure-to-Pay Provider Puridiom

BravoSolution in your CIPS region

Outsourcing Facilities Management is not a simple decision, the thought process behind this can raise many question over if it is right for your organisation.
Download decision making process 
London, UK   Nodics, Helsinki, Finland   Duabi, UAE   Shanghai, China   Syndey, Australia

 


BravoAdvantage

BravoAdvantage is the strategic procurement platform that enables organisations to generate more value, influence innovation and reduce risk. Powered by a unique supplier-centered approach that integrates supplier lifetime value throughout the entire procurement process, BravoAdvantage provides the visibility, insight and transparency required to power and improve your procurement initiatives and decisions.

BravoAdvantage

Gain unparalleled supplier insight with Supplier Value Management

With Supplier Value Management, you gain a 360 view of your suppliers across the entire procurement process, making your procurement process more efficient and effective. Watch our overview video to learn more.