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eProcurement & Procure-to-Pay Resources

Applying B2C Buying Capabilities to Healthcare Group Purchasing Organizations (GPO)

Posted by Doug Blossey on July 10, 2018 at 10:05 AM
Over at Spend Matters, they are starting a series focused on the history and background of healthcare Group Purchasing Organizations (subscription required).   These organizations provide significant benefits to the healthcare market, particularly in cost savings.  According to the Healthcare Supply Chain Association (HSCA), there are more than 100 national, regional, and local GPOs in the US.
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BuyerQuest Receives an Honorable Mention in 2018 Gartner Magic Quadrant for Procure-to-Pay Suites

Posted by Kyle Muskoff on June 18, 2018 at 10:00 AM
In May 2018, Gartner, the world's leading research and advisory company, released their “Magic Quadrant for Procure-to-Pay Suites.” We are honored and excited to receive an honorable mention from Gartner.  We see this inclusion as validation of our strategy of applying Business to Consumer (B2C) capabilities to the Procure-to-Pay process with an eye toward driving higher levels of adoption and...
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Large Gains in Spend Through the BuyerQuest Platform Proves the Value of B2C for P2P

Posted by BuyerQuest on May 31, 2018 at 10:03 AM
Over the last 12 months, BuyerQuest has seen significant gains in the spend passing through our industry-leading procure-to-pay platform. While many factors, including our continued customer growth, play a part in the increases, it is also clear that businesses who choose BuyerQuest are realizing the value of a B2C-like platform across their Search - Buy - Pay processes.
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Learnings from a BuyerQuest User

Posted by BuyerQuest on May 19, 2018 at 10:02 AM
During our regularly scheduled BuyerQuest product advisory meetings, we often have the pleasure of hearing directly from one of our clients and their experiences and learnings. At our most recent meeting, a client shared their insights specific to providing a B2C buying experience for their end users across a wide array of categories.
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Introducing Diverse Marketplace from ConnXus, Powered by BuyerQuest

Posted by BuyerQuest on May 1, 2018 at 9:20 AM
In 2016, Inc. Magazine noted in their article, “Why Supplier Diversity is Good for Everyone” the value that companies receive as a result of an expanded supplier network including companies, “owned by veterans, women, people with disabilities, or others who have historically been underrepresented in the world of suppliers.” The article notes that having a diverse supplier network allows...
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Solution Spotlight on BuyerQuest

Posted by BuyerQuest on April 20, 2018 at 1:05 PM
Procurement professionals are continuing to see their level of importance to the enterprise increasing. With this increased visibility comes the opportunity to transform their procurement organization into a stronger and more agile component of the overall business. One area to address is enhancement of the procure-to-pay (P2P) process through the use of technology.
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How Big is your Shopping Cart? High Volume Search - Buy - Pay

Posted by Salman Siddiqui on April 10, 2018 at 10:03 AM
When considering shopping carts and the B2C buying experience, most think of buying 1 or 2 things, or maybe placing a "large" order of 10 - 15 items, but what about the B2B world, where orders, particularly where a site is doing a large, single order, or a company buying to fulfill a bill of materials? For procurement organizations that think applying B2C capabilities to their Search - Buy - Pay...
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Applying B2C Strategies Webinar Reinforces the Critical Importance of Search

Posted by BuyerQuest on April 4, 2018 at 11:05 AM
On Wednesday, March 28th, procurement professionals participated in the interactive, online seminar, “Applying B2C Strategies to Corporate Procurement”. (If you were unable to attend the live event, don’t worry, it was recorded.) The session, Moderated by Doug Blossey, SVP of BuyerQuest, highlighted the changing dynamics of procure-to-pay and the need for procurement organizations to re-think the...
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Guided Buying vs. Search in P2P

Posted by Doug Blossey on March 28, 2018 at 10:00 AM
We often explored on this blog a key challenge to corporate procurement: how can they create a buying experience that is simple for users and encourages high levels of engagement while, most importantly, ensuring purchases are performed under contract and through the corporate approval process? One concept focuses on the idea of guiding buyers through the process. This concept, popular in several...
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NextGen Procure-to-Pay:  Search - Buy - Pay

Posted by Matt McCarrick on March 15, 2018 at 9:21 AM
Over the last few weeks, we've been discussing what corporate procurement can learn from the B2C buying experience, the importance of a Search-Buy-Pay strategy, and the changing metrics of modern Procure-to-Pay. To continue our discussion, we have taken our experience with our blue-chip customer base to create a multi-part series around the value of Search - Buy - Pay to the Procure-to-Pay...
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