Procurement Digitization is Lagging (.PDF Download)

Oct. 23, 2023
A new survey finds that more than half of all procurement and supplier management processes have yet to be digitized.

As companies continue to invest in digitization, procurement departments may be falling behind the curve on the technology front. If this trend continues, buyers may miss out on the increased efficiencies, productivity gains and other benefits associated with investments in innovations like cloud-based software, artificial intelligence (AI), machine learning (ML) and data analytics.

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