Traditional or modern ? Procurement Magazine speaks to John Callan , Jonathan Laverentz , and Sammeli Sammalkorpi to discuss spend management ’ s transformation
IS NOW THE TIME TO TRANSFORM SPEND MANAGEMENT ?
Traditional or modern ? Procurement Magazine speaks to John Callan , Jonathan Laverentz , and Sammeli Sammalkorpi to discuss spend management ’ s transformation
WRITTEN BY : GEORGIA WILSON
In the past few years , procurement has finally started getting some love at boardroom level , as C-suiters increasingly recognise how the function can favourably impact savings , agility , transparency , flexibility , and resilience . At a time when such things are desperately needed one of the ways procurement helps the all-important bottom-line is through spend management .
“ Traditional spend management is a process that has been around for decades , and continues to be seen broadly ,” says John Callan , Product and Segment Marketing Senior Director at Coupa , a global technology platform for spend management .
Callan defines traditional spend management as an organisation using tools not designed in the cloud , that lack modern user interfaces , modern data structures , and that are fragmented and distinct from one another .
Tradeshift spend management solution : Uplift Shop
86 March 2022