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How will emerging technology change procurement?
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In 2019, finding new sources of value is a primary focus for many procurement organizations. This will be largely driven by innovative approaches, as most of the easy, quick wins have already been identified. This section of the CPO Rising 2019 report takes a deep dive into the current state of procurement. It analyzes current capabilities (in areas such as people, processes, and technology) and looks at ways for procurement to improve their performance in...
As a procurement leader, you want to gain a deeper understanding of and visibility into enterprise spend. This starts with having operable data to set the foundation for your procurement optimization efforts. Leverage digital technology to achieve spend visibility and uncover intelligent insights that allow you to tap into savings opportunities of up to 20%, place up to 89% of spend under management, and ultimately evolve your indirect procurement function into a strategic source of...
FinTech remains merely on the cusp of disruption from artificial intelligence (AI), with some players in the B2B space beginning to look at AI-based chatbots and data analytics solutions to take digital financial management to the next level.