TECHNOLOGY
implementation and is more than likely to create value on its first day on the pitch ! Don ’ t get me wrong , Suppeco ’ s an open API pin cushion ! It plays well and is complimentary of its neighbours across the landscape . But it ’ s also a turnkey solution and a great candidate for what ’ s best about democratised software .”
Tai Alegbe , CEO and Co-Founder of Contingent “ We ’ re seeing the top teams adopt technology that helps them become more proactive , easing the burden with real-time and relevant insights across their entire supply chain . The delivery of these insights at the right time , so teams can make the right strategic choices , is what enables Procurement to fulfil its strategic role in driving the business forward . The value to the business is huge , with Procurement able to negotiate better , source more effectively , reduce risk , identify opportunities and meet the myriad of regulations .
We know from working with our customers that simplicity is everything when it comes to technology , especially when navigating legacy systems and processes . That ’ s why we believe in equipping teams with simple to use , lightweight technology that plays nicely with existing tools and furthers collaboration across the whole business .
Jennifer Bisceglie , Founder and CEO of Interos “ While the ‘ single platform ’ approach to procurement digital transformation has its appeal , I ’ m a believer in the need for bestof-breed technology . Single-platform approaches that claim to integrate everything from contracts to supplier management are not always best-suited to deliver on digital
transformation and the integration of data from disparate systems , primarily because of their reliance on point-in-time , manual processes .
“ Digital transformation in procurement is driven by the need for efficiency , speed , better decision making , cost optimisation and risk reduction . These benefits are better delivered by advanced , best-of-breed technology that gathers more data , processes that data intelligently via AI , NLP [ Natural Language Processing ] and Machine Learning , and provides actionable intelligence and insight . This empowers procurement teams to become trusted advisors to the business .
96 September 2021