for procurement leaders to implement digital transformation , otherwise , they risk placing themselves at a competitive disadvantage .
Adopting a proactive approach to digital transformation can lead to increased revenue and profitability , improved customer experience and enhanced operational efficiency and resiliency .
Delaying digital initiatives can result in missed opportunities and may even threaten the company ’ s growth in the long term .
Q . WHY MIGHT SOME MID-MARKET COMPANIES BE HOLDING OFF EMBRACING NEWER TECHNOLOGIES IN PROCUREMENT ?
» Although the idea of embracing newer technologies is very appealing , for many mid-market companies it can be a daunting task – especially for those that previously have not needed these tools and are only now starting to set out on their digital transformation journey . Some mid-market companies are faced with limited resources , restricting their ability to invest in and implement
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