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.