SAN MATEO, CA — (Marketwired) — 05/21/15 — (NASDAQ: SLTC) a leading provider of enterprise contract lifecycle management, supply management applications from source to pay, and configuration solutions, will be presenting a live webinar on , Vice President, Forrester Research, will be the featured guest. Joining him will be , COO North America, b-pack, and , Director of Product Marketing, Selectica, who will be hosting. Together, they will discuss end-to-end source-to-pay benefits and the technology roadmap from an application strategy to broad suites. is still available for this live event.
Lack of holistic and planned approaches in source to pay can create inefficiency and cause the procurement organization to seriously underperform. The root of the problem: lack of awareness, alignment, transparency and even agreement with other stakeholders. This hinders the financial justification for funding of procurement technology efforts due to an inability to clearly demonstrate ROI.
Many of these issues can be simply resolved when broader source-to-pay approaches are addressed with specific, purpose-driven goals focused on the unique requirements of upstream to downstream procurement. When approaches are aligned, consistent expectations of savings and goals can help produce better insights and validate procurement–s impact on the bottom line.
will be an in-depth discussion with Forrester on how technology will impact the strategic directions of source to pay. Topics explored will include:
Building a wider eProcurement application strategy as enterprise needs mature
Securing additional savings beyond squeezing suppliers– margin
Using financial justification to request funding for procurement technology
“Duncan Jones, VP, Forrester Research, is a leading expert on software pricing and licensing and helps clients understand and address the effect of technology changes on software contracts,” said Constantine Limberakis, Director of Product Marketing, Selectica. “I look forward to co-presenting with him to help webinar attendees fully understand the potential of combining sourcing strategies with procure-to-pay functions.”
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Selectica, Inc. – IASTA, Inc. (NASDAQ: SLTC), is a leading provider of enterprise contract management, supply management, and configuration solutions. Since 1996, Selectica has helped global companies actively manage their contracts throughout the sales, procurement, and legal life cycle. Selectica–s contract lifecycle management, strategic sourcing, and purchasing solutions drive business value by assisting organizations in managing contracts profitably, effectively accelerating revenue opportunities, and minimizing risk through compliance. Our patented technology assists customers across a myriad of industries — including high-tech, telecommunications, manufacturing, healthcare, and financial services — to accelerate and streamline contract management, sales processes, spend analysis, procurement intelligence, sourcing, and supplier lifecycle management. Selectica also provides a powerful configuration engine, which Fortune 500 companies use to increase revenue by facilitating the right combination of products, services, and price. More information, visit: and .
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