White Paper: Digital Transformation in Procurement – A CPO’s Agenda

Digital transformation is all about leveraging technologies to create or modify existing business processes, corporate culture and customer experience in ways that deliver value. The ability to save on labor costs, accelerate processes, enhance supplier relationships and improve decision-making are all drivers for digital procurement transformation.

In a recent survey of procurement professionals, “84% believe that digital transformation will fundamentally change the way their services are delivered over the next three to five years; yet only 32% have developed a strategy for getting there.”

It’s critical that organizations not only move toward a digitally managed procurement process, but also develop a solid strategy to guide their digital transformation journey.

This white paper explores how to get started with digital procurement transformation and offers practical insight into what it takes for procurement leaders to arrive at a strategy.