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In today's business world, efficiency is vital. That's why more and more companies are turning to digital procurement systems to streamline their purchasing processes. By using a modern e-procurement system, companies can simplify and automate their purchasing procedures, saving time and money. However, many organizations struggle to keep up with the latest trends and often use outdated systems and age-old processes.
The case given showcases these challenges faced by a US-based department store giant and highlights its forward-looking approach to revamping its procurement journey.
Outcomes Achieved
- Reduced 40% Contract Cycle Time
- Reduced 35% Request Cycle Time
and more