Whois & Analysis for ivalua.com

Procurement software is business software that helps to automate the purchasing function of organizations.

Activities including raising and approving purchase orders, selecting and ordering the product or service, receiving and matching the invoice and order, and paying the bill is handled electronically, enabling the procurement department to see everything that is ordered, ensure that nothing can be ordered without correct approvals, and lets them get the best value by combining several orders for the same type of good or even getting suppliers to bid for the business.

Buying organisation's choice can be driven by the particular strengths offered by each individual system and the number of vendors available through them.

A multinational or otherwise large organization will use a shared procurement system to take advantage of economies of scale to drive down the cost of purchases.

While traditionally most e-procurement software systems have been designed for larger organizations, there are now also systems available for the SMB market, such as the Free-Procurement Project by SpendMap and an open source alternative by ProcuMan.

Whilst some services are available to purchase through automated systems, the key strength of these systems lies in the procurement of commodities that are much easier to standardise.

Data quality refers to the condition of a set of values of qualitative or quantitative variables.

There are many definitions of data quality but data is generally considered high quality if it is "fit for [its] intended uses in operations, decision making and planning.".

Alternatively, data is deemed of high quality if it correctly represents the real-world construct to which it refers.

Furthermore, apart from these definitions, as data volume increases, the question of internal data consistency becomes significant, regardless of fitness for use for any particular external purpose.

People's views on data quality can often be in disagreement, even when discussing the same set of data used for the same purpose.

Data cleansing may be required in order to ensure data quality.

A business process or business method is a collection of related, structured activities or tasks that produce a specific service or product (serve a particular goal) for a particular customer or customers.

It may often be visualized as a flowchart of a sequence of activities with interleaving decision points or as a process matrix of a sequence of activities with relevance rules based on data in the process.

Transparency, as used in science, engineering, business, the humanities and in other social contexts, implies openness, communication, and accountability.

Transparency is operating in such a way that it is easy for others to see what actions are performed.

It has been defined simply as "the perceived quality of intentionally shared information from a sender".

Management (or managing) is the administration of an organization, whether it be a business, a not-for-profit organization, or government body.

Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees or volunteers to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources.

The term "management" may also refer to the people who manage an organization.