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eProcurement & Procure-to-Pay Resources

How BuyerQuest Simplifies Buying for the Construction industry

Posted by Evan McEwen on November 28, 2018 at 1:06 PM
We recently highlighted the challenges faced by construction businesses as they try to maximize profits in the face of low levels of technology adoption across the industry. A clear area of opportunity is automation of the purchasing process.  A procurement platform that offers a simplified, efficient buying experience can dramatically impact the building project, which relies on receiving the...
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Spend Less Time Buying, More Time Building

Posted by Evan McEwen on November 14, 2018 at 10:30 AM
In their Vertical Market Outlook Series on construction, the Equipment Leasing and Finance Foundation noted that “2017 saw construction spending hit an all-time high in the United States and the consensus from a number of industry experts and consultants is that the momentum will carry through in 2018.”  It is clear that the construction industry is an area of growth and opportunity, but it is...
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Getting the Right Parts for Your Asset Becomes Easier

Posted by Doug Blossey on September 5, 2018 at 10:20 AM
As has been often discussed on this blog, the application of a B2C-like buying experience to B2B purchasing has benefits no matter what the industry. Whether it is a quick service restaurant, media company, CPG firm or institute of higher learning, making buying easier has a measurable impact. This impact is particularly true with managing and maintaining assets that drive the business.
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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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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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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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