Tips For Greater Utilization

In this video, Kim Cullen and Dan Albert discuss the recent developments and future plans for Merx by Sovra, focusing on procurement processes and vendor management. The video covers a year in review, showcases new sourcing functionalities, and highlights the importance of electronic procurement maturity levels. Viewers will gain insights into leveraging technology for enhancing procurement efficiency and strategic sourcing.

• The webinar is focused on discussing the ‘Merx by Sovra’ platform, its updates, and functionalities available for procurement processes.
• The presentation covers a year in review for Merx, highlighting statistics and achievements in 2024, including a rebranding and acquisition by KKR.
• Key functionalities of the Merx platform, such as the certification and qualification module, approval workflow, and automated bid tabulation, are discussed as tools to enhance procurement efficiency.