In an exclusive first interview since the announcement of the strategic partnership, Optimum Procurement and Wax Digital speak to Jason Busch of the industry leading online procurement resource, Spend Matters.
Wax Digital and Optimum Procurement announce strategic partnership to offer complete procurement software and services solution
Wax Digital and Optimum Procurement today announce a partnership aimed at delivering a full sourcing and procurement software, consultancy and outsourcing portfolio to the market.
Based on the integration of the companies’ best-in-class procurement solutions, people and processes, Optimum and Wax will deliver an end-to-end spend management solution covering Source to Pay, Procure to Pay, eSourcing, procurement outsourcing and consultancy. Read More
Data shows that UK organisations need to drive a harder bargain in 2014 as they have been overspending on many business purchases.
Data revealing that UK businesses are spending up to twice what they should on many crucial business products and services has been published today by procurement software company Wax Digital. Read More
Scour the LinkedIn profiles of procurement professionals and consultants and you’ll find frequent references to supplier rationalisation. The immediate implication however is that this process is about cutting or reducing your supply base.
In modern terms it’s become far more sophisticated than this and could, amongst other things, lead to increasing supplier numbers. Daniel Ball talked to former procurement director, now an independent consultant, John Martin, to find out more. Read More
In the second post in this series, Wax Digital’s Daniel Ball analyses the steps necessary to become a preferred customer.
In my previous blog I examined why the concept of being a preferred customer is gaining traction amongst procurement people. Here we continue by looking at some of the things that must be implemented to make it a reality. Read More
International law firm Kennedys is rolling out the Wax Digital web3 Purchase-to-Pay (P2P) procurement platform to bring tighter financial controls, governance and efficiencies to IT purchasing processes across the entire global organisation.
With 19 offices worldwide and 1,200 staff the firm’s IT team identified the efficiency benefits the new procurement platform could deliver on an international scale. The team will use web3 for all IT spend in the first instance before rolling out the system further to other departments in the UK, then internationally at a later date. Read More
In an exclusive post for the Supply Management blog, Wax Digital’s Daniel Ball discusses the concept of the preferred customer.
In procurement parlances the concept of preferred suppliers is far from new, but what about the preferred customer? While most organisations segment and rank their customer base to some extent, is there value in the buying organisation itself proactively seeking a preferred position with its suppliers? Increased attention being placed on supplier relationship management in corporate purchasing strategies and procurement software suggests this is so. Putting yourself in pole position with those you buy from is becoming a strategic imperative with benefits for you as the customer too.
Peter Smith of Spend Matters UK/Europe speaks to Caroline Hastings, Chief Procurement Officer at Wax Digital client States of Jersey, about the decision to select Wax Digital web3 Purchase-to-Pay, highlighting strategies and challenges along the way.
“Caroline has sought to change the culture which existed and to gain government investment for an eProcurement platform to improve procurement processes and controls. The goal was to fundamentally change the way users across the public sector could gain access to the goods and services they required.” Read More
Paul Raimbault, enterprise systems manager for information services at Wax Digital client the States of Jersey, talks to IT Pro Portal about how government can successfully provision technology and discusses some of the potential roadblocks on the way to effective implementation. Read More