Procurement organizations continue to face problems such as hard-to-capture savings and poor tail spend. This weakens their ability to drive value. Even though Procurement leaders know that better use of technology can help, they still make the wrong digital investments.
“Digital Exemplars” are the Procurement organizations that are leading the way in getting value from digital investments. Digital Exemplars see a 76% rise in the performance of their automation and analytics investments.
Digital Exemplars take three main approaches to achieve digital success:
- Build a Long-term Investment Strategy
- Over-invest in Change Management
- Experiment with Advanced Technology
Get our whitepaper and see how Procurement can help drive digital investments at your organization.