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Understanding E-procurement, Part 1: Quantifying the Benefits

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Consider this: If your company spends $1 billion on indirect goods and services, buying through an e-procurement system can save you more than $3 million annually. Delivering that kind of savings to your company’s bottom line would certainly be a feather in your cap.

To learn how, spend a few minutes reading this complimentary report from The Hackett Group. It’s the first in a two-part series that explores why interest in e-procurement is percolating among businesses like yours.

You’ll find this report especially helpful if you’re building a business case for adopting or improving an e-procurement system.

Download it now to read about:

  • Saving big through stronger compliance.
  • Ways to improve procurement efficiency.
  • How to reduce your requisition-to-PO cycle time.
  • Cutting data management costs.

P.S. This is Part 1 of a two part series on e-procurement systems. In this part, we look at the factors that are driving companies to revisit their e-procurement solution choices.

Related Read:

  1. Understanding E-procurement, Part 1: Quantifying the Benefits
  2. Mastering Change Management in E-Procurement Software Implementation: Best Practices
  3. The Top 5 Benefits of E-Procurement: Streamlining Procurement for a Brighter Future
  4. Your Guide to eProcurement
  5. White Paper – Decoding AI in Procurement
  6. White Paper – Smart Procurement for Sustainable Savings
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