According to a Wall Street Journal survey of CPO's in 2017, the "deployment of automation and robotics within their function will steadily increase". Specifically, 50% of respondents said their procurement teams "make some use of these technologies" today, but expect usage to rise to 93% by 2025." Driving this transformation to a more streamlined procurement process utilizing innovations such as Robotic Process Automation or RPA is the need to free up humans from mundane and repetitive tasks so that we can focus on more strategic endeavors.
In this webinar, Procurement Insights' Jon Hansen will focus on answering the following three critical questions regarding the advent of RPA:
- What is Robotic Process Automation?
- How will RPA be used in the procurement process?
- How will procurement benefit from RPA?