Planning and coordinating the work of buyers and purchasing agents within your organisation and ensuring that you secure the best deals for products and services is a lot of pressure.
Procurement departments are constantly trying to balance short-term costs with long-term value and ROI. The cheapest deal upfront isn’t necessarily the one that is the right fit for your organisation. Procurement teams need to understand how a solution can provide value and savings beyond the contracted costs.
Procurement teams are looking for insights on the utilisation and operation of organisational assets, which enable them to make educated and informed purchasing decisions.
Integration of systems is another way for organisations to simplify their supplier relationships and enable more in-depth projects with cross-platform communication.