Ever wonder why many companies view indirect procurement as a non-strategic back office function? Maybe it’s that indirect practitioners often focus too narrowly on measuring cost savings from indirect spend sourcing initiatives and lose sight of how those initiatives impact core financial metrics such as total cost of ownership (TCO), operating profit, working capital, and cash flow, among others. Therefore, adopting a well-structured indirect spend management framework that establishes that connection can bring real value...

Hugo Evans, Vice President at A.T. Kearney, recently joined Vikas Shah, our SVP of Growth & Business Development, and Marisa Pierron, our Customer Success Manager, for a webinar about how emerging technology is impacting procurement. One of the key points they touched on during their discussion was specific areas of procurement organizations that will be affected by emerging technology. Want to find out more? Watch this clip or read the transcript below, and make sure you...