Zip

🇨🇦 Our Head of Research, Nick Heinzmann, kicked off an inspiring day at the SIG|ORG Toronto event with his keynote, “Orchestration and the Future of the Procurement Operating Model.” Nick shared insights on how procurement orchestration is transforming the field—driving value, agility, and stronger stakeholder experiences by modernizing operating models and leveraging AI. Great to see the industry’s excitement for orchestration as the future of procurement!

🌊 Our Zip team was onsite at the State of Flux Spend Management Summit, where this year’s theme was "Return on Relationships." Pascal d'Arc, Zip's Head of Partnerships and Enterprise Strategy, and Alan Day, Chairman of State of Flux, shared insights on "Internal Return: How Orchestration Aligns Internal Stakeholders with Suppliers." Great to be there with Luke Breed, Theo Parker, and Jonny Gaffney, connecting and exchanging insights on the evolution of spend management to spend orchestration!

Kicking off our afternoon is Nick Heinzmann, Head of Reseach at Zip! He shared powerful insights on the transformational impact of procurement orchestration. This trend is reshaping procurement by enhancing stakeholder experiences, streamlining end-to-end processes, and enabling teams to focus on strategic partnerships. Thank you, Nick, for inspiring us to think bigger about procurement’s future!

Zip’s CEO Rujul Zaparde, former Airbnb product leader, is on a mission to simplify procurement, saving customers billions. “Every CPO would agree that procurement today is as much about risk management as it is about cost,” Rujul shares. By streamlining cross-functional collaboration, Zip offers a seamless and auditable procurement experience, making it a trusted partner for companies like OpenAI, Reddit, Inc. and Arm #SpendOrchestration #RiskManagement #Innovation

The “2024-25 Buyer’s Guide to Intake Management and Procurement Process Orchestration” by Magnus Bergfors, VP of Research at Ardent Partners, is the ultimate resource for procurement leaders looking to transform. 🔗 https://lnkd.in/g96BJQ-2 What You’ll Learn: 🧩 Market background: Clear definitions and use cases for IM & PPO, with advice on how to integrate these solutions with your current tech stack 🛣️ Strategic roadmap: Step-by-step guidance on selecting the best IM & PPO solution for your procurement needs ⚙️ Efficiency boost: Discover how to measure benefits such as reduced cycle times, savings opportunities and improved process visibility 🚀 Future-ready procurement: Learn how IM & PPO solutions integrate with your existing systems to elevate procurement’s role and impact across the enterprise Download the free guide today, and start optimizing your procurement for the future. 🔗 https://lnkd.in/g96BJQ-2

Zip is excited to spotlight Jason Powell, Global Head of Procurement at Figma 🎨, as part of our Procurement at Peak Performance series. 🔗 ziphq.com/peak Figma has revolutionized the world of product design, making creativity and collaboration seamless for fast-moving teams. We asked Jason what peak performance means for Figma's procurement function as they support their company’s rapid pace of innovation: “It means ensuring that our teams internally have what they need to drive the next revolution in design.... Procurement helps facilitate that in a cost effective way and eliminate risk throughout that process so we can continue to add more benefits to our customers.” Hear more of Jason's insights and learn how other procurement leaders are fueling innovation in their organizations: ziphq.com/peak

⚙️✨ Last week, we hosted our annual Zip Hack, bringing together our Engineering, Product, and Design teams for three days of rapid prototyping and collaborative engineering. We saw 19 incredible projects, 6 top awards, and an unforgettable elf dance. Congratulations to all the winners! We can’t wait to ship this year's innovations to our customers. 🚀 🛠 Best 0-eng: DevX Bundle 👏 Jimmy Lai, Joseph Tobin, Christopher Zhen, Timothy Scanlin 🌝 Best Moonshot: BillBot 👏 Bo Yu, Anshul Singhal, Xin Su, Sophia Feng, Janet Peng 💙 Best Customer Love: InstaIntake 👏 Etienne Tripier, Hannah Xue 🤖 Best AI Project: BillBot 👏 Bo Yu, Anshul Singhal, Xin Su, Sophia Feng, Janet Peng 👨🎨 Most Creative: Sporkable! 👏 Christopher Zhen, Galen K., Kenneth Oetomo 🥐, Piru Chheang, Muyang Wang 🏆 Judge's Favorite: InstaIntake & Fields AI 👏 Etienne Tripier, Hannah Xue, Li Chuqian, Deepak Chandrasekaran, Michael C.

🆕 NEW Zip Guide: The end of spend management – A new procurement maturity model 📘 https://lnkd.in/gNfYzXfT 🚫 The era of spend management is over. With today’s distributed teams and complex workflows, traditional procurement methods just won’t cut it. Our latest report introduces Zip’s new 'Procurement maturity model' – designed to help you assess where your organization stands and provides a roadmap to reach the next level. In this report, you’ll learn: 📍 Your position on the new procurement maturity curve 🤖 How AI-driven orchestration can streamline workflows and boost productivity 💡 Proven strategies to transform procurement from a gatekeeper to a strategic partner Start your transformation. Download the full guide, ‘The end of spend management’ 👉 https://lnkd.in/gNfYzXfT

DPW Rewind: Spend Management is Dead. Why "Spend Orchestration" is the Future 🔗 https://lnkd.in/gU6YfZQr At DPW, our CEO, Rujul Zaparde, and CTO, Lu Cheng, revealed why the era of traditional spend management is over. It’s time for a new operating model—one that seamlessly connects stakeholders, systems, and data to drive peak performance. Watch their keynote to discover how the emerging AI-powered category of spend orchestration unlocks 10X business outcomes. ▶ https://lnkd.in/gU6YfZQr

The meme culture is strong this Halloween at Zip! 🎃🕷️ 👻 The ghost of Spend Management haunting global enterprises 🧙♂️ The Procurement ORC-estrator ruling over Zip Mordor (calling all Lord of the Rings fans) 🌀 The lost requestor, forever trapped in the maze of urgent, chaotic emails Happy Halloween from the spookiest corners of procurement! 🕸️✨