Procurement functions are uniquely placed within organisations to make a rapid impact to the bottom line and are rightly in the vanguard of many corporate transformation programs. However, they remain poorly served by the data and analysis required to ensure this value is sustained and the insights required to ensure it is enhanced over time. Procurement functions aiming to become genuine business partners must overcome the challenges that stand in the way of effective analytics.
In this whitepaper, Infosys Portland and EdgeVerve seek to demystify procurement analytics by clearly identifying the challenges and outlining the holistic approach needed to overcome them. Fortunately, through the combination of the latest visualisation and artificial intelligence technology, coupled with ‘as a service’ models, procurement analytics looks set to finally deliver the insight required. As you read the whitepaper, you will understand more on –