We all live in a connected world of Amazon and Google home assistants, .where AI automates our tedious activities helping us. to reallocate our time to higher value activities. The promise of procure-to-pay solutions has always been the same.
However, with a global supply base of disparate procurement systems, governing procurement policies and procedures can become rather tedious and present a disconnected experience for the end user.
The challenges are witnessed across the entire value chain of the procurement right from RFx evaluation, budget and inventory checks, supplier discovery, negotiations till approval and submissions of purchase documents.