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User-Enabled Procurement: An Age of Smarter Solutions.

Technology is linear.

As time passes, our knowledge and experience as business professionals grows deeper, and our technology grows more powerful.

There is no turning back. Technology’s existence is one straight line, heading towards the future, and we’re just enjoying the ride. Those who dare to not just be passengers, but to partake in the technological revolution, will reap the benefits.

Locating an inflection point — between business competence and technological capability — is the next step for true digital transformation in all areas of the business value chain.

Procurement as a function must, too, work towards locating compatible technological resources in order to evolve.

Strategic sourcing, spend analysis, cost efficiency, bidding, supplier collaboration, supplier evaluation and scoring, RFIs, RFPs, RFQs and more… there are a plethora of functions within procurement that can greatly benefit from integration of intelligent business solutions.

As technology progresses with time, functions must adapt over time.

Cognitive procurement is the nearest ‘goal’ procurement thought-leaders have located for the future of digital procurement and workflow automation. But, as technology still has a ‘ways to progress in the fields of Blockchain, AI, RPA, ML, NLP, and Chatbots, we have to try and meet technology where it exists.

This is an age of technological independence, and API-driven innovation, breeding procurement technologies that are more agile, scalable, integrate-able and more customizable than ever before. This is the age of smarter solutions.

This is the age of User-Enabled Procurement

The Death of On-Premise

Traditional software models are rather slow-moving beasts in comparison to modern day’s more nimble solutions.

Implementation, user-friendliness, scalability and agility have been major focuses of software vendors in the past years, and this has created the boom of SaaS platforms.

But why does this all matter so much?

READ THE FULL ARTICLE HERE 

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Topics

  • Computers, computer technology, software

Categories

  • digital procurement
  • tech
  • procurement
  • supply chain
  • supply chain management
  • supplier relationship management
  • software
  • business

Contacts

Sam Jenks

Press contact Communications Lead Communications and Marketing 0703644132

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