Knowledge Bank

Procurement Is Ripe for Digital Transformation — But Is It Ready?

Procurement Is Ripe for Digital Transformation — But Is It Ready?

Procurement, with its increasing strategic reach and impact on the business, must be placed high on the digital transformation agenda. But studies show that while most CPOs believe that digital transformation will fundamentally change how procurement is done, very few have the technology or resources to deal with this change.

In an article recently published in The Times, U.K., experts discuss how unified source-to-pay technology can help enterprise procurement teams realize the full potential of digital transformation by leveraging efficiencies, insights and value from a common process, user experience, and data set.

It’s a must read for all procurement and IT professionals looking to digitally transform the procurement function.