Adobe Stock The ascent of cost reduction and value creation as key focal points for the procurement professional is indisputable. The most direct avenue to addressing both aspects lies in enhancing the efficiency of procurement through dedicated source-to-pay and spend management platforms. This is why, when participating in the 2023 Spend Matters Deloitte Global Chief Procurement Officer (CPO) Survey , which Spend Matters Chief Research Officer Pierre Mitchell assisted in creating, CPOs cited digital transformation as a leading company-wide trend driving procurement priorities. Transformation is complex though. Some CPOs that the survey reached out to, described the paralysis and confusion it creates. Those that did undergo a digital transformation detailed how the benefits of digitization fall short of the promise made by the prospect of the transformation. Katarzyna Fonteyn , Regional Director at digital transformation consultancy firm OJC Consulting , based in Finland, offers a nuanced perspective. She believes that while technological challenges play a role, the crux often lies in the balance between promoting a solution and ensuring it genuinely aligns with the client’s requirements. It’s worth acknowledging that sales teams have a mandate to highlight their solutions’ strengths. But the real magic happens when integrators, like OJC, […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
