Case Study

Drive Bottom Line Savings with Procurement Service Management

Drive Bottom Line Savings with Procurement Service Management

Pages 5 Pages

Drive Bottom Line Savings with Procurement Service Management Time to move to digital workflows How is our spending? According to a study published by McKinsey in 2019, indirect spend has been growing about 7% annually since 2011. As businesses grow, so does spending, and the market pressures to reduce costs and manage risk are at an all-time high. Procurement organizations are challenged in meeting increased expectations while supporting growth. To meet such high expectations, procurement leaders are being asked to do more with less. There never seems to be enough procurement resources readily available to support purchasing requests from employees, spend quality time negotiating deals with suppliers, and manage supplier relationships. Unfortunately, when a lot of your team

Join for free to read