Is your organization ready to take on indirect spend?

This quiz goes through some of the key procurement strategies and technology capabilities that you need to successfully tackle indirect spend. To get your grade – just answer the questions below, tally them up, and discover if your organization has what it takes.


IndirectSpendQuiz

WhitepaperWebinarContact

 

 

If you didn’t answer yes to everything, check out our educational whitepaper to learn more about integrating AI technology into your organization and see which vital procurement strategies you can implement to start driving results now.

Want to see more?

Explore our other resources

 

 
Procure-to-Pay

Making an Earth Day Impact: Paperless Invoicing

Are your finance operations bogged down in paper and invoice processing delays? Today, as we pause to consider Earth Day, one way that procurement and finance organizations can make a positive impact on conservation and waste reduction is to move to eInvoicing, or paperless invoicing. According to research from Hackett Group, SharedServicesLink.com and others, large organizations process over 10,000 invoices annually per A/P FTE. This is a massive amount of paper. In real terms: 10,000...

Read More
 
Business Strategy

4 fundamentals to supercharge procurement teams in the new normal

In what’s become our new normal, category and commodity managers, procurement directors, chief procurement officers, and others in the procurement and sourcing departments joined virtually for ProcureCon Indirect in late July. The theme of the event was “Coping with New Procurement Realities and Applying Lessons from 2020” with many of the sessions focused on procurement’s role in reopening post-COVID, cost savings, building resiliency in the indirect supply chain, and best practices to reshape procurement. Thinking...

Read More
 
Procure-to-Pay

A tale of three AIs, chapter 1: artificial intelligence (AI) – is it more than a buzzword?

We’ve all fallen victim to flashy marketing that makes big promises but doesn’t deliver on them (and often doesn’t provide any results at all). Remember the Shake Weight that everyone thought would give them toned arms with minimal effort? That just made you look ridiculous. Or the blanket that promised to save your marriage? That didn’t work, and now it’s collecting dust in your linen closet. Or what about the electric grill that claimed to...

Read More