The Digital Sourcing Technology Industry

Selecting the Right e-Sourcing Technology. April 14, 2022

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...

Top CFO Priorities for 2022

Raindrop Spend Management Platform as the Centerpiece Driving and Achieving CFO’s Priorities. March 31, 2022

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 to have” items, has taken on a whole new degree of importance...

Drive Maximum Efficiency from your Annual Operating Plan with Raindrop

Raindrop Planning Module as the Centerpiece Driving Business Efficiencies. March 10, 2022

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 in life”, it sums up what companies...

The Future of Supply Chain and Procurement

Embark on your Procurement Digitization Journey with Raindrop. February 24, 2022

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 and reaction”, then it’s fair to say 2022 and beyond is “flexibility and adjustment.” Reacting to this new norm...

Corporate Contractual Obligations – What Do We Own?

Raindrop’s Contracts Module Provides Instant Transparency via AI. February 17, 2022

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 a good reason for such a lack of...

Digitized Supplier Management in the Spotlight

Selecting the Right Supplier Management System. February 10, 2022

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 risk...

Procurement & Finance: How Raindrop Harmonizes The Business Functions

Ways to Build Synergy Between Procurement and Finance. December 09, 2021

As perPaymentsJournal,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...

How Raindrop's Planning Module Helps Hedge Against Inflation

Raindrop Planning Module as the Centerpiece Driving Cost Reduction Strategies. November 19, 2021

COVID has been the forefront issue for almost two years, literally changing how the world works. Another key issue is also impacting our world, in the form of inflation, and how...

Unleash The Power of Advanced Spend Analytics With Raindrop

Spend Intelligence to Drive Cost Savings Efficiently. October 01, 2021

According to a report byDeloitte,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...

Supplier Diversity & Inclusion: Achieve Your Goals With Raindrop

Make Diversity a Core Value from the Start. September 08, 2021

There are two key reasons the year 2020 was transformative for all businesses. One of them is that Diversity & Inclusion is driving equality into the corporate world and other is how...

COVID has changed the way the world goes out to market. Here’s how Raindrop’s Sourcing Module Gets You There.

Raindrop’s Digitization Value. August 12, 2021

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 what...

Raindrop Addressing Top Priorities For Procurement Leaders

Take Control of your Spend with Raindrop. August 05, 2021

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...

Raindrop Addressing top Priorities for Finance Leaders

Gain Control of your Spend with Raindrop. June 24, 2021

Let’s say you’re working on a project which requires detailed real-time analytics to drive educated and informed decisions. If this sounds familiar, it’s because almost every corporate project lands in this definition of need...

Control Costs With Raindrop’s Spend Management Platform

Bring More Spend Under Management. June 18, 2021

Every company faces the same challenge, no matter their industry. The challenge is managing the outflow of company finances to external third-party suppliers – which is exactly why Raindrop was created – to control, manage, and optimize ...

Evolution of Contract Management System

Selecting the Right Contract Management System. June 10, 2021

Contract Management is an integral and critical component of any effective procurement process. In the past, Contract Management was limited to storage of contracts, mostly focused on the sell-side essentially creating an underutilized document repository

Spend Analytics as the Centerpiece Driving Corporate Strategies

Importance of Accurate and Easily Accessible Spend Analytics. June 03, 2021

As perMordor Intelligence,spend analytics provides in-depth insights through Data Visualization, helps in the deployment of...

Corporate Spend Visibility and the Complexities of Managing Spend.

Collaborative, Secure, and Simplified Sourcing for your Business. May 11, 2021

The global COVID-19 pandemic has changed the way the world works in many ways. The practice of working from home is likely here to stay. Virtual meetings replaced in-person...

Raindrop Enables Businesses Streamline Their Recovery

Overcoming Procurement Challenges Post Pandemic. April 21, 2021

Given the challenges provided over the past year to the global economy, it now appears to be on a recovery path into the second half of 2021, though significant challenges still...

The Digital Platform for Strategic Sourcing

Strategic Sourcing platform. April 14, 2021

Arguably the most important component of effective spend management is Sourcing. You need to select the right suppliers and negotiate the right contracts. Companies continuously invest in newer technologies ...

Embark on your Procurement Digitization Journey with Raindrop

Procurement Digitization. April 08, 2021

Procurement leaders understand the urgency and importance of defining and executing their organization's digital transformation. The top goals for digitization projects include process...