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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 »
Mitigating supplier risk is one of the biggest areas of concern for procurement professionals today. Gerard Smith, President of Global Risk Management Solutions, will share Supplier Risk Assessment Program best practices of companies around the world. Topics which will be covered…
Supplier Risk Assessment Program Best Practices Read More »
The impact of new technologies and digitalisation are tearing down the pillars that have been at the core of the procurement function. Today, organisations need procurement to be more than just a savings machine, expecting it to embrace new ways…
How to reimagine your digital procurement strategy Read More »
One of the biggest benefits from “Digitizing” the end-to-end Source-to-Pay process is markedly shorter cycle times that accelerate the realization of savings. World-class procurement teams – the “Digital Leaders” – are completing the “Source-to-Cash” cycle in just 60 days, due…
Source-to-Pay in 60 Days: Digitize to Drive Maximum Process Efficiency Read More »
Innovation goes beyond the boundaries of the organization, and the notion of working in an integrated way to capture the best ideas from the supply chain or ecosystem has become firmly established as the key to future competitive advantage. Improving…
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