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Why do you need it now? If the on-going pandemic has taught us anything, it’s a lesson in meticulous preparation with caution. Procurement teams world over, are taking on a mammoth task of risk mitigation, looking at where they spent…
Why do you need it? To automate risk identification in Contract Review To auto-identify alternate and fall back clauses for the contract from your pre-approved legal template repository To quickly identify the key liability clauses in contracts (COVID 19 Focused)…
Why do you need it? To find out why Force Majeure is the need of the hour to identify this clause and delay, defer, cancel contracts as needed To Find out how can you perform Invoice extraction – with WFH…
Ensuring Business Continuity in Crisis of Covid-19 Read More »
“Change is inevitable – except from vending machines” –Robert C Gallagher. We are all aware of the inevitability of change, but technological advancements change the nature of change itself. This statement stands true for all technological disruptions, but it applies…
Managing the People & Technology Change Requirements for Procurement 4.0 Read More »
In her article regarding the disruption of procurement, Cheryl Hayes wrote; “if all of our activity has procurement professionals solely “focused” on procuring quality goods at the lowest cost, then both the company and we are missing the “big picture”…
We live in the age of digital today and world-class procurement teams are making the best use of digital offerings like AI, RPA and Machine Learning, As a matter of fact, every procurement team today wants to digitize their process…
Building Partner Enabled Digital Offerings through AI Read More »
The recently updated and published “2019 Purchase-to-Pay (P2P) Performance Study,” from The Hackett Group continues to show a widening gulf between Top P2P Performers and the overall Peer Group, and the difference is digitization: “Leveraging a broad toolkit that includes…
Peak P2P Performance: What It’s All “Abot” Read More »
As Microsoft President Kevin Peesker succinctly put it; in the digital age, “businesses will either transform or be transformed.” But how will this transformation look, and more specifically, how will it impact the P2P process? Earlier this year, 5 industry…
Procurement Stalwarts Discuss An AI-Powered Transformation of P2P Read More »
Gartner’s 2019 Magic Quadrant for Procure-to-Pay Suites has just been published and the market for P2P is growing fast – $3.0 billion in 2018, growing to $5 billion by 2023. To make the “magic” happen, P2P solutions must strike the…
Making Magic: How P2P Makes the Complex Appear Easy Read More »
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