The reasons for digital are well documented and yet the digitization of procurement seems to lag behind other business functions. It is not for the lack of ‘procure-tech’ solutions or the hype that surrounds them.
There are more options available to CPOs than ever before. In this survey, it was clear that CPOs are suffering from too many options and too much information, bringing confusion over clarity, which may be turning analysis into paralysis.
This is a dangerous outcome because paralysis will hurt. As businesses seek to be faster, more agile, more data-led and more resilient, digital is a significant part of the answer.
This report looks into the opportunities and challenges that procurement functions are facing alongside the strategies that they are deploying to ‘go digital.’
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