Since procurement has started to have a greater impact on corporate strategy, the demand for enterprise procurement technology has reached new heights. While many organizations have automated portions of their supply chain and accounts payable, purchasing processes typically are still undermanaged. Some recent research indicates that nearly 60 percent of organizations are seeking additional support to manage both their direct and indirect spend—the solution is more often related to optimization of procurement through the use of modern technology. Procurement and financial decision makers are often tasked with justifying these relatively large technology investments.
To assist these decision makers, Denali Group is publishing a three-part whitepaper series titled: The Procurement

Technology Lifecycle. This series starts with “The Procurement Technology Landscape”—a look into the impact of the “cloud” and other changes in the market. The second part, “Funding the Technology,” covers the approach to how procurement leaders might seek to justify and fund these solutions. In the final part, “Beyond the Implementation,” we cover how an organization can successfully implement and adopt software, and then sustain its value.

In “The Procurement Technology Landscape,” we target decision makers who are seeking answers to some of the key questions related to making changes to their procurement technology environment. We answer critical questions, like Why not just use my ERP providers’ solution? Should we go to the cloud? and What should we be looking for in a solution?

Contributors: Denali Group
Categories: Whitepaper
SRC Type: eSourcing and Tools, Procurement Operations