Cost Savings Without Sacrifice: Balancing Growth and Discipline in Mid-Market Procurement
TL;DR Procurement cost savings for mid-market firms require more than discounts — they focus on efficiency, compliance, and resilience. Traditional cost-cutting often backfires, creating risks like supplier failure, hidden costs, and employee friction. Smarter strategies include compliance control, AP automation, supplier scorecards, and spend forecasting. AI and automation unlock additional savings through analytics, predictive insights, […]