Technology - Virtual Roundtable

Frictionless procurement – why creating a superfluid operation is critical to business success

4th December 2020 | 1:00pm - 2:30pm EST
How are you altering your procurement function to mitigate risk, preserve cash, and stabilize production?

At its best, procurement enables organizations to succeed by providing the right product at the right time at the right price at the right quantity – every time.

However, with limited visibility into spend, buying behaviour, and supplier performance, managing procurement with that kind of precision is near-impossible. Add to that the obstacles presented, pre- and post-COVID-19, forcing every organization to pivot and shift to meet new demands and needs.

Procurement leaders increasingly need to deliver strategic value to the business while reducing costs by visualizing how processes truly flow. From the sourcing of a contract to the creation of a purchase order to goods receipt and ultimately payment of the invoice.

Visibility has never been more important both to drive customer engagement, develop CSR initiatives and to maintain and develop brand reputation and image.

How are you proactively intervening to resolve friction before it snowballs into a hit to margins, compliance or risk?

Join with a select group of your industry peers and Celonis as we discuss frictionless procurement that leads to increased productivity while optimizing spend and reducing risk.

Discussion Topics

In these changing times, how are you adapting your procurement processes?
How are you gaining visibility into buying behaviour, supplier performance or compliance?
Is technology supporting these changes in your organisation? Can technology like automation accelerate change?
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About Celonis

We're Celonis. We turn processes into extraordinary experiences. Celonis is the market leader in AI-enhanced Process Mining and Process Excellence. Celonis helps companies in every industry remove friction from critical business processes and improve execution. The system knows how processes… Find out more
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