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 a 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?
Read this ebook to better understand how process automation can help you create process improvements in invoice processing, supplier onboarding, supplier maintenance, and stock replenishment.
