Now we are back into the full swing of work from the holidays, we are once again asking the same question – What is this year going to bring?
Well Procurement in 2015 will be won by those who seize on the new reality of a connected world.
Technology is making us more effective and efficient in our work; tools are being constantly developed to help us become more strategic so we are always making the best decision we can.
In 2015, procurement is being taken to a new level where using new tools are going to transform the way we work; helping us gain a better visibility on contracts, suppliers, reporting and strategic planning. The new level of procurement is defined by shifting from ‘old school’ systems and spreadsheets that slow down our work day and instead putting funding towards software that offers innovative solutions, which will handle our data management and reporting activities.
Did you know, new approaches such as the cloud can allow procurement to capture more than 80% of spend under management? What else is coming out of the new world of technology that is not only helping our savings?
Let me lay down three key features that will optimise and update your procurement and contract management systems this year:
This year procurement needs to bring more than just savings… Innovation is the key to adding value to your business. Procurement needs to increasingly become more agile, to focus on becoming more efficient – one way, the use of emerging technology in the procurement process.
Looking to optimise and update your procurement systems and reach new levels in 2015?
Take a look at our Contract Management Systems, and get in touch for more information…
Learn more from our team and how innovative contracts management can empower your business.