News | June 5, 2018

JAGGAER Addresses Commercial Digital Procurement Transformation In Source One's Thought Leadership Series

Research Triangle Park, NC (GLOBE NEWSWIRE) - JAGGAER, the world’s largest independent spend management company, is participating in Source One’s multi-part exposition on actionable intelligence to help companies understand and succeed with procurement transformation: Procurement Transformation: Industry Perspectives. Source One is a leading Procurement Service Provider.

The series collects experiential reports from supply chain market experts who have helped transform dozens of companies in manufacturing, retail, software, CPG, construction and financial services, among others. The comprehensive five-part series charts the entire spectrum of transformation: the history of procurement; mindset necessary for transformation; people, processes and tools critical for success; managing the programs once they’ve been instituted, and best practices.

“We selected representatives from companies that have extensive supply chain experience and have developed world-class practices in digital transformation. JAGGAER develops vertical solutions that are unique in eProcurement and tailored for specific commercial industries. Their contribution to this series is based on multiple successful implementations with Fortune 10, 100 and 500 companies across the globe. Their perspective provides information that procurement groups at multiple levels can apply,” says Associate Director and Procurement Transformation Practice Lead Jennifer Ulrich.”

JAGGAER’s SVP of value engineering, Kristian O’Meara, provides unique guidance to separate hype from reality when selecting solutions. “Too often, the appearance of a new technology is perceived as a ‘magic bullet’ for the Procurement department’s problem du jour,” observes O’Meara.

“We feel it’s critical that we share what we have learned from working with thousands of companies worldwide to advance the understanding of commercial digital transformation. We are living in a time of rapid change, requiring an ongoing assessment of what actually works. Source One’s collection of true field experiences is an invaluable contribution to the spend management knowledge base,” says Rob Bonavito, CEO of JAGGAER.

Published over the next several weeks, Procurement Transformation: Industry Perspectives will include Ulrich’s thoughts on Procurement Transformation as well as reflections from the following supply management figures: Jim Baehr (Group Lead, Sourcing Strategies Group), Kelly Barner (Managing Editor, Buyer’s Meeting Point), Diego De la Garza (Director, Source One) Phil Ideson (Managing Director, Palambridge), Michael Lamoureux (Editor-in-Chief, Sourcing Innovation), Naseem Malik (Managing Partner, MRA Global Sourcing), Kristian O’Meara (SVP of Value Engineering, JAGGAER), Joseph Payne (VP of Professional Services, Source One), and Tom Rogers (CEO, Vendor Centric).

Link to the report: https://tinyurl.com/yasnsxcu

About JAGGAER: Global Indirect and Direct Spend Management Solutions
JAGGAER is the world’s largest independent spend management company, with over 1,900 customers connected to a network of 3.7 million suppliers in 70 countries, served by offices located in North America, Latin America, throughout Europe, the United Kingdom, Australia, Asia, and the Middle East. JAGGAER offers complete SaaS-based indirect and direct eProcurement solutions with advanced spend analytics, complex sourcing, supplier management, contract lifecycle management, savings tracking, and intelligent workflow capabilities. We have pioneered spend solutions for over two decades and continue to lead the innovation curve by listening to customers and analyzing the market. Our solution suites are trusted by the world’s largest education, manufacturing, health care, retail, consumer package goods, logistics, construction, utilities companies and public service organizations. Additionally, JAGGAER holds 38 patents–more than any other spend management company. www.JAGGAER.com

About Source One, a Corcentric Company
Source One has been a leading Procurement Service Provider supplementing client resources with cost reduction, strategic sourcing services, and spend management solutions since 1992.

Source One’s experienced sourcing professionals work closely with clients’ in-house teams to optimize their spend profiles and increase the efficiency of their operations. Leveraging proven sourcing and purchasing strategies, cross-category best practices, innovative technologies, and an unsurpassed database of market intelligence, they help clients drive their Procurement function forward and develop a sustainable competitive advantage. In 2018, Source One was acquired by Corcentric, LLC, a leading provider of accounts payable and finance automation solutions. More on the web at www.SourceOneInc.com

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Source: JAGGAER