Opstream

End users are critical to the procurement process, but expecting them to read through lengthy policy documents is unrealistic. When you were onboarded, did you read the entire 100-page policy? Probably not. 😓 Platforms like Opstream can transform how you manage purchases. It educates users and provides guardrails for approvals, renegotiations, and recurring subscriptions. By prioritizing the end users, you reduce back and forth, minimize errors, and save time—not just for procurement, but for everyone involved. This efficiency leads to smoother operations and better compliance. If you’d like to speak more about best practices and ways to improve your current procurement process, let’s talk! #procurement #process #policies #efficiency #bestpractices

"Where are the contracts?" 🤔 Every time FP&A needs a contract, procurement scrambles to find it—private folders, emails, you name it. It’s a task you should be able to handle effortlessly. A true document repository isn’t just about storing files. It’s about capturing the right data at the right time, matching attributes for renewals, tracking compliance, and ensuring data accuracy. Imagine a system where finding and managing your contracts is seamless and efficient. For #procurement professionals, this isn’t just about convenience—it’s about elevating your role. By efficiently managing contracts, you not only save time but also reduce risk and drive strategic decisions. This visibility and control give procurement a stronger voice at the executive table, positioning you as a key player in the organization’s success. With Opstream, store all your vendor and purchase documents in one place. Simplify the process of finding, storing, and updating essential vendor documents, from SOC2 and NDAs to insurance, W9s, and more. If you're interested in seeing it in action, let's speak! 😊

Are procurement processes working against you? ⚔ It is better to manage direct and indirect procurement together to avoid inefficiencies and missed opportunities. Separating them leads to redundant efforts, limited visibility, and inconsistent supplier management, hindering your ability to drive value and make informed decisions. Make it work FOR you: 💡 Approach it holistically: Unify procurement processes to create a comprehensive strategy that drives value across the board. 💡 Improve collaboration: Foster improved communication and collaboration between teams with integrated systems. 💡 Integrate seamlessly to existing processes: Leverage technology when possible to make the integration of both procurement processes seamless and efficient. For procurement leaders, unifying direct and indirect procurement processes is key to driving substantial business impact. As your role continues to evolve, a unified approach can set your organization apart. #procurement #procurementleaders #bestpractices #directprocurement #indirectprocurement #procuretech

Happy 4th of July from Team Opstream! 🎆

BUILD vs BUY - where do you stand in this debate? 🤔 Check out this story shared by our CTO and Co-Founder Mor Cohen-Tal when she had to face a similar issue with her son. #procurement #procurementleaders #tech #innovation #ai

Check out our latest feature by Wonder Services, highlighting Opstream's AI-driven procurement orchestration platform. Join the conversation with ❤️ Amanda Prochaska ❤️ and our CEO & Co-Founder, Lihi Lutan, as they dive into a demo of our approach to streamlining procurement workflows for both direct and indirect procurement. Watch the full video here: https://lnkd.in/gGGwM5fe Interested in seeing the whole platform in action and learning more about how Opstream can help your procurement operations? Book a call today: https://lnkd.in/gb7Ub8uc #procurementleaders #procurement #technology #ai #technology #procurement #bestpractices #demo

You heard it from the doctor himself, Michael Lamoureux (Sourcing Innovation)! In this article, he highlights our unique approach to integration and orchestration, emphasizing our support for direct data model discovery and end-to-end enterprise system integration. Check out the full article here: https://lnkd.in/gy8WUMV9 #procurement #procuretech #procurementleaders #procurementgigs #bestpractices #orchestration #ai #tech #innovation

Who can relate? ✋ Finding a job is tough work and we're here to help! Here are the latest in #procurementgigs -- spot anything you like? 👀 Start applying to these cool roles right away or send this to a friend who might be interested! 🔹 Global Procurement Manager - Professional Services, Baxter International Inc. https://lnkd.in/gg4zCevh 🔹 Senior Strategic Sourcing Manager Travel + Leisure Co. https://lnkd.in/gM2vb-EP 🔹 Procurement Manager DSJ Global https://lnkd.in/gSWj57gM 🔹 Sourcing Specialist - Procurement  Live Nation Entertainment https://lnkd.in/gucue-4y 🔹 Procurement, Senior Manager The Clorox Company https://lnkd.in/gE2wPe8k 🔹 Sr. Manager Procurement - Facilities Services Sourcing Marriott Vacations Worldwide https://lnkd.in/gdtgTbeU 🔹 Procurement Analyst STM Consulting, Inc. https://lnkd.in/grjbKeEB 🔹 Director of Procurement SmartBear https://lnkd.in/gQdHxkJw 🔹 IT Contracts / IT Procurement Consultant Sunrise Systems, Inc. https://lnkd.in/gNUMzBPJ 🔹Procurement Manager Belcan https://lnkd.in/gYBzeSzk 🔹Purchasing Manager, IT Category TikTok https://lnkd.in/gQCXB9Aw #procurementgigs #community #jobhunt #procurementjobs #procurement #procurementleaders #purchasing #sourcing

Gartner just released their 2024 Hype Cycle for Sourcing and Procurement Solutions and Opstream has been mentioned as a leader in the space!   “Intake management can enhance adoption of existing procurement software, improving the business impact of such investments. Automation of procurement request creation, routing and support through intake management enables procurement teams to reallocate time to strategic activities and decision making.” Thanks Gartner for the recognition! Read the full report here: https://lnkd.in/gW8CcUbj

Are your procurement processes working against each other? 🤔 Your team juggles multiple vendors, different systems, and inconsistent processes for both direct and indirect procurement. This separation creates chaos, leading to inefficiencies and missed opportunities... But what happens when you unify both? ♦ Efficiency Boost: By eliminating redundancy in your procurement operations and removing duplicated efforts and conflicting processes, your team can focus on strategic tasks, driving more value and innovation. ♦Maximize Value: With a unified approach, you leverage better negotiation power. It’s not just about cutting costs—it’s about optimizing spend and maximizing value across the board. ♦See the Entire Picture: Consolidated data provides a clear picture of your overall spending. This clarity helps you identify trends and make data-driven decisions that align with your business goals. Integrating direct and indirect procurement processes ensures your team is more agile, better informed, and equipped to drive substantial business impact. As the procurement role continues to grow, having a streamlined and efficient procurement process can be the difference between thriving and merely surviving. Here's how you can start: 💡 Assess Current Processes: Evaluate your existing direct and indirect procurement processes. Identify overlaps and inefficiencies in your workflows. 💡Leverage Technology: Find and adopt a platform that orchestrates both direct and indirect procurement needs seamlessly. 💡 Foster Collaboration: Encourage better communication and collaboration between teams handling direct and indirect procurement. Breaking down silos starts with building strong internal relationships. Unifying direct and indirect procurement is within your reach, and the benefits are substantial. Read more on our latest blog here https://lnkd.in/gRgACUGe #opstream #procurement #procurementleaders #procuretech #orchestration #indirectprocurement #directprocurement #efficiency #ai