Paid

Next-generation procurement automation platform on a mission to create equal opportunity for businesses of all sizes.

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Great news 🥳 We raised £2.2m from some awesome investors @crane_vc @seedcamp @techstars (and brilliant angels).

“Paid is a well-timed new venture”. Thanks to @davidprosserind for this brilliant article on @Forbes 🙌 It captures our vision perfectly!

🔗 https://t.co/sWWgUSYS88

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Procurement Trailblazers ⚡️Our next Q&A features Jonjo Hobbs,
Managing Director at @CapitaPS Procurement Solutions on on the core priorities for #procurement today, buying software to create an ecosystem, and how procurement can drive the social agenda.
https://t.co/BVE4cRgh4X

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Supply chain management needs to be focussed on #values to drive #ìnnovation 💫 - the core message of our #readoftheweek from @cipsnews  https://t.co/yKJJXDQvRu

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Procurement Trailblazers ⚡️Our next Q&A features Derren Chamberlain,
Director of Supply Chain Operations
@FirstPortUK on on the evolution of #procurement, implementing digital systems, failing fast and why start-ups are the route to growth.

https://t.co/EcNy7kk81Q

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"The digital future for procurement has arrived." Great to see @DarkbeamTweets + @Fairmarkit featured in this article from @kearney about the "tech revolution" 👏 We look forward to being included in similar round-ups of procurement tech start-ups soon! https://t.co/fX5b54HfPL

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Should #procurement be focused on saving cost or adding value? That's the debate in our #readoftheweek from @cipsnews 💸⚖️

We'd love to hear which perspective resonates with you most. https://t.co/l1hYlAdUjI

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@kerryritz @robindchnt Thanks Kerry :)

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A is for Agility⚡ @Deloitte's newly published 2021 CPO Survey shows that CPOs are building capabilities focused on—you guessed it—agility.

Cost is still key but so is driving value through #DigitalTransformation, supplier relationships, and innovation. https://t.co/7e87ooJGT3

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We're excited to welcome Paul Smith (@smithfive) to our growing team. He's joined us as Procurement Lead and we're thrilled to have him on board! 🎉

Here's a few words from the man himself: https://t.co/xjhUojCGMN

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A year of protests and a pandemic made 2020 a challenging year for supply chains (to say the least!). Our #readoftheweek unpacks the lessons that CPOs are building on this year, which includes everything from sustainability to supplier relationships. 🔗🌎https://t.co/tyM5Gw9fN4

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Procurement Trailblazers ⚡ Our next Q&A features Ninian Wilson @ninian68 (Global Supply Chain Director @VodafoneGroup) on how #procurement can better society, the key to the software adoption + why buying internally should be as easy as Amazon shopping https://t.co/nyzzOoXNCX

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#Procurement is finally getting a seat at the C-suite table 🎉 but @cipsnews warns it should avoid making key mistakes including equating value with cost savings, automating inefficient processes + getting bogged down in processes that measure processes https://t.co/arCf42Xad7

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"Improving #supplierdiversity isn’t a nice thing to do—it’s the smart thing to do." Why? Because diverse suppliers tend to be smaller, more agile and adaptable than their larger counterparts, which increases supply chain resilience. ⛓️💪 The key is tech! https://t.co/BFEycah1z2

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"Now is the time to rethink and reshape the #procurement function". This starts with defining top priority business needs and (crucially) leveraging the digital tools that support them. The result? Accelerated recovery through value capture. 🚀 https://t.co/n4GkAv8nzW

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@DunBradstreet reached out to 1,000+ #procurement and #supplychain leaders about their 2021 priorities.

⚡⚙️ Digital transformation was top esp. supply chain automation to help improve operational efficiency (an area of struggle for 98% of respondents). https://t.co/Zh0EYW8g1X

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Our next #ProcurementTrailblazers is with Alex Jennings, CPO at @dssmithgroup 📦 Alex discusses circular procurement, how the industry has changed over 3 decades, eliminating modern slavery in the supply chain + the perils of overlooking smaller suppliers. https://t.co/M2y2LhtY4r

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"Procurement must disrupt itself to stay in front of change. What is driving this shift in #procurement? One word — #digitisation."

🔐 Our #readoftheweek on the future of procurement explains why digital platforms are key to enabling modernisation. https://t.co/IHhSSHXYsb

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Corporation tax is set to rise to 25%. This puts #procurement teams in the spotlight 🔦Why? Because supply base is a crucial source of saving — especially given that external spend makes up 70-80% of total corporate spend 🤯 #readoftheweek https://t.co/ZX01kY520p

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☀️ Pandemic + Procurement = Positives

Our #readoftheweek from @cipsnews brings #procurement leaders together to discuss how procurement has demonstrated its value through the pandemic, and what it must do to build on its newly-enhanced reputation.

https://t.co/tw4DNRo5Ur

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If businesses want to be more resilient (who doesn't...? 🤔), they need to make #procurement their strategy. The key is creating resilient multi-relational networks rather than linear #supplychains.

🗞️ Our #ReadoftheWeek from @HarvardBiz explains why. https://t.co/Mr8pDwHE3c

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🔗🔮 Why procurement software is the future for supply chains.

Our #ReadoftheWeek from @ngpcapital shows that 40% of procurement tasks can be automated (@McKinsey) reducing time by 80% and generating savings of 1%-3% (@BCG).

https://t.co/7yqJm65x72