Procurement in Autopilot
How automation increases efficiency in procurement and drives your company forward
A better procurement engine is one that delivers more value-for money (VfM). The VfM of procurement can be defined as a utility derived from every purchase or every sum of money spent. VfM is based not only on the minimum purchase price (economy) but also on the maximum efficiency and effectiveness of the purchase. Therefore, VfM applied to procurement is about maximizing value from each dollar invested in the procurement function’s people, process, and technology.
In this white paper you will learn:
- Why efficiency is so important and how procurement can become more efficient
- How much time you can save integrating data from different processes and systems
- What compliance, risk avoidance and data security has to do with automation
- What’s next? What role smart technologies will play in the future of procurement
Download the free white paper now!