Case Study
A technology roadmap for procurement success
THE GOALS + Optimizing, sharing and securing the entire procurement process + Streamlining the supplier base + Financial and efficiency gains THE CHALLENGES Prior to implementing the modular procurement solution on the Corcentric Platform, Norauto’s procurement, vendor processes and information were managed manually for the most part. This created efficiency, visibility and compliance issues across the entire procurement chain. Specifically: + The accounting team, which handles a considerable amount of information (200 accounts, 120,000 invoices, 30,000 scanned invoices), 75% of which was managed manually, was looking for a solution that could automate certain tasks and thus improve productivity. + The procurement team sought to reduce non-compliant spending, improve