The Horizon Europe 2024 panel discussion on “Scaling up for Success: Large-Scale Source-to-Pay Deployments” brought together industry leaders to share their experiences and strategies in implementing enterprise-wide procurement solutions.
The session, moderated by Caroline Lacocque, Regional Vice President – EMEA Zycus, featured insights from procurement experts, including Sophie Macquet (Group CPO, SPIE), Damien Robillon (Director of Procurement Enablement, Heineken Group), and other industry professionals. The discussion focused on the challenges, strategies, and impact of AI in streamlining procurement processes at scale.
Key Takeaways:
- Stakeholder Alignment: Successful Source-to-Pay deployments require collaboration across procurement, IT, finance, and operations.
- Scalability & Flexibility: Companies like SPIE, with decentralized procurement models across multiple European markets, emphasize the need for adaptable solutions.
- AI-Driven Procurement: The transformative role of AI in improving efficiency, compliance, and cost savings was a core discussion point.
- Real-World Implementation: SPI shared its journey of transitioning to Zycus’ Source-to-Contract solution, highlighting the importance of strong sponsorship and stakeholder buy-in.
The panel underscored the significance of strategic planning, stakeholder engagement, and technology-driven transformation in achieving procurement excellence at scale. The event provided actionable insights for enterprises looking to modernize and optimize their procurement operations.
