If you’re like many procurement teams, a good part of your day is taken up with these routine and transactional steps. Procurement has been neglected when it comes to modernization, leaving many teams to continue to rely on spreadsheets, email, or legacy enterprise software to conduct their sourcing process. This results in a lot of manual work to get bids and RFPs done.
However, this is changing. Procurement is becoming impossible to ignore as a strategic player; key organizational goals depend on an intelligent, transparent, and efficient procurement process.
To deliver this, procurement teams are leveraging technology and processes that allow them to streamline and reduce manual work. These modern toolkits allow teams to focus their energy and talent on facilitating the best outcomes for their organizations’ biggest spending decisions, rather than being spread thin across administrative tasks.
