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Understanding E-procurement, Part 2: Critical Success Factors

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You know, or are at least pretty sure, you need to implement or upgrade your e-procurement system. But you really need it to be a success, delivering savings and compliance by managing a majority of your spend.

If your hunch is that there are a lot of factors to consider, you’re right. But The Hackett Group has produced a report that can really help you get a handle on what they are. (This is part two in a series. Part one is about quantifying the benefits of e-procurement.)

Hackett offers guidance and insights for addressing the most common challenges and critical success factors that you need to consider in your e-procurement strategy. These include

  • Ensuring adoption
  • Choosing the right solution
  • Evaluating project risks
  • Implementing risk mitigation plans

P.S. This is Part 2 of a two part series on e-procurement systems. Part 1 covers the most common challenges and critical success factors when implementing or upgrading e-procurement solutions.

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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