With procurement processes being constantly subjected to rigorous quality and timebound SLAs, real-time assessment of contracts, suppliers, and purchase categories is necessary to minimize the impact on daily procurement operations. Moving procurement to the cloud for efficient operations can help alleviate these challenges and risks.
This Zycus - TCS joint whitepaper covers high impact gains that procurement departments can get by moving to the cloud considering that these unprecedented times have made Chief Procurement Officers (CPOs) and C-suites question their organization’s resilience and readiness for change.
Highlighting key considerations for procurement transformation:
- Streamlining your procurement before migration
- Need to identify, quantify, & realize early benefits
- Key points to consider around security, privacy, & auditability