How can you drive business value from procurement digitisation?
Posted by Chloe Harris
The digital transformation of procurement is underway. The impact of technological breakthroughs in the emerging digital age is significant not only for procurement but for the enterprise as a whole.
Accelerate innovation with digital procurement
Rapid advancements in technology are transforming how the procurement function delivers value. Digital procurement solutions not only create an opportunity to improve efficiency; they also pave the way for procurement teams to play a strategic role in accelerating innovation.
Suport, automate & standardise the procurement cycle
To enable you to support, automate and standardise all stages of the indirect purchasing and procurement cycle – from requisitioning to paying vendors – Unit4 Business World supports the stages of the cycle. These include: the initial identification of a need for products and services; expenditure approval; electronic data and information exchange with suppliers; goods delivery; expediting and inspection; invoice matching and payment settlement.
We have seen an increasing number of public and private sector organisations reporting significant challenges and pains when it comes to defining and implementing an efficient and cost-effective procurement process, which we’ll be addressing in our upcoming webinar: How you can drive business value from procurement digitisation.
We evaluate procurements importance in the emerging digital world and how you can best overcome the challenges of purchasing, supplier invoicing and payables management. We’ll also explore how you and your organisation can unlock new opportunities by harnessing the latest digital innovations.
Some of the key challenges we explore in the webinar:
- Do you have a clearly defined and agreed procurement process, or does it start with an incoming invoice?
- How do we cope with the challenges of managing suppliers?
- How do we control dark spending?
- Are accounts payable staff focusing on the right activities?
- How do eCatalogues work?
- How can we analyse what we are spending?
- How can we decrease the rate of our errors?
If you’d like to join our webinar, you can register your place here. If you’re not able to join on the day, be sure to register anyway and we will send you the on-demand webinar once it is complete.