Raindrop as the centerpiece driving cost reduction strategies to help navigate inflation
ArticlesRaindrop as the centerpiece driving cost reduction strategies to help navigate inflation The blistering consumer price index was 9.1 percent higher in June than it was compared to a year ago, and 1.3 percent higher than it was in May, according to a report released by the Bureau of Labor...
The Digital Sourcing Technology Industry
ArticlesThe Digital Sourcing Technology Industry Selecting the Right e-Sourcing Technology. It is commonly agreed that Procurement organizations can add a significant value to the bottom line and operational well-being to any company. To perform their function, these Procurement teams require people, process, and technology to deliver their mission of building...
Top CFO Priorities for 2022
ArticlesTop CFO Priorities for 2022 Raindrop Spend Management Platform as the Centerpiece Driving and Achieving CFO’s Priorities. The COVID-19 pandemic, global trade uncertainty, increasing tariff pressures, and factors like supply chain bottlenecks have changed the way the world works in many ways. Focus on “must-have” items, as opposed to “nice...
Drive Maximum Efficiency from your Annual Operating Plan with Raindrop
ArticlesDrive Maximum Efficiency from your Annual Operating Plan with Raindrop Raindrop Planning Module as the Centerpiece Driving Business Efficiencies. We don’t usually find ourselves drawing upon Heraclitus, but his famous words are as applicable today, as they were 2500 years ago. As the saying goes, “Change is the only constant...
The Future of Supply Chain and Procurement.
ArticlesThe Future of Supply Chain and Procurement. Embark on your Procurement Digitization Journey with Raindrop. Supply Chain is a top issue in every Boardroom, which wasn’t always the case. So how did we get here, and how do we solve it? For one, if the mantra of 2021 was “uncertainty...
Corporate Contractual Obligations – What Do We Own?
ArticlesCorporate Contractual Obligations – What Do We Own? Raindrop’s Contracts Module Provides Instant Transparency via AI. If your Chief Procurement Officer was asked the question, “does Procurement know of every contractual commitment in the company?”, most CPOs wouldn’t be able to answer that in the affirmative. It turns out there’s...
Digitized Supplier Management in the Spotlight
ArticlesDigitized Supplier Management in the Spotlight Selecting the Right Supplier Management System. Regardless of industry, items produced, or services provided, every company around the world depends on their supplier network to help their own company run. The question is: How do you maximize the performance of your suppliers while minimizing...
Procurement & Finance: How Raindrop Harmonizes The Business Functions
ArticlesProcurement & Finance: How Raindrop Harmonizes The Business Functions Ways to Build Synergy Between Procurement and Finance. As per PaymentsJournal, only 39% of Finance and Procurement professionals feel the two groups have a good working relationship, and 24% feel they don’t share common goals. This is where Raindrop’s Enterprise Spend...
Unleash The Power of Advanced Spend Analytics With Raindrop
ArticlesUnleash The Power of Advanced Spend Analytics With Raindrop Spend Intelligence to Drive Cost Savings Efficiently. According to a report by Deloitte, nearly three out of every four Chief Procurement Officers stated spend/savings performance analytics provide the most valuable insight, which drive their ability to deliver value into their company....
COVID has changed the way the world goes out to market. Here’s how Raindrop’s Sourcing Module gets you there.
ArticlesCOVID has changed the way the world goes out to market. Here’s how Raindrop’s Sourcing Module gets you there. Raindrop’s Digitization Value. The migration from on-premise software to “Software as a Service,” or SaaS, has been well underway for the past two decades. Rapid access to the technology and avoiding...
Raindrop Addressing Top Priorities For Procurement Leaders
ArticlesRaindrop Addressing Top Priorities For Procurement Leaders Take Control of your Spend with Raindrop. Procurement leaders understand the urgency and importance of defining and executing their organization's digital transformation. The top goals for digitization projects include process automation, cost savings, and streamlined compliance. While many corporate functions are reducing their...
Amalgam Insights Quotes Raindrop as a Key Industry Disruptor
RecognitionAmalgam Insights Quotes Raindrop as a Key Industry Disruptor Amalgam Insights recognizes Raindrop as a significant disruptor in the procurement technology space. The analysis highlights Raindrop's innovative approach to spend management and its potential to redefine industry standards.🔗 Read full article ...