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The Data Revolution: How Data is Changing the Procure-to-Pay Process

The Data Revolution: How Data is Changing the Procure-to-Pay Process

“The Data Revolution: How data is changing the procure-to-pay process” is a webinar presented by Richard Waugh, VP Corporate Development, Zycus Inc. and Sean Park, Head of procurement and strategic sourcing, Acquis consulting group.

World-class procurement practices depend on sound data. As we all know: garbage in, garbage out. Understanding how to curate and later utilize clean, reliable data is critically important to effectively manage supply, source materials, negotiate deals, and monitor supplier performance.

This session will encompass best practice techniques for cultivating first-rate data and explore ways firms can benefit from this data.

Key Learnings:

1. Techniques and tools used to assess data’s current state

2. Methods for properly collecting the right data and training for accurate data entry

3. Ways to leverage data to broaden the influence of Procurement

4. Business case metrics and models for developing a persuasive ROI for various procurement projects

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