The changing role of process automation
Procurement operations can be time-consuming, error prone, and complex. With procurement costs as high as 30% of revenue, finding ways to drive productivity can have significant impact on your bottom line. But the pressures do not stem solely from cost and productivity issues. 82% of companies identify supply chain disruptions and shortages as a top factor pressuring procurement as well. It is no wonder that 61% of companies are investing in digital transformation to improve the procure-to-pay function. Given the broad array of potential use cases, where can you start?
Watch Erik Hille, Solutions Director at Nintex, lead an insightful discussion with Patrick Reymann, Research Director-Procurement and Enterprise Applications for IDC, and Bertrand Piquet, Managing Director for AMO Consultancy on the challenges and benefits of process automation in the procure-to-pay function.
In this session, you will learn:
- How process automation can help you create efficiencies that will reduce procurement costs, improve agent productivity, and drive supply chain agility
- How to use automation to create process improvements in invoice processing, supplier onboarding, supplier maintenance and stock replenishment
- Find out where the biggest opportunities lie, the challenges to look out for, and how to get started
