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CFOs and CPOs face a growing challenge in trying to get visibility and control of their company’s indirect spend. Historically, employees have been resistant to being forced to use old-fashioned eProcurement products that are hard to use and place lengthy approval processes between employees and the goods or services they need to get their jobs done. Those barriers are over. Today, companies with indirect spending in excess of $10M are adopting procurement platforms at an increasing pace, validating the “coming of age” of eProcurement. Now companies without such controls, and the resulting excess (and sometimes fraudulent) spending, are being questioned on a risk front, as well as a profitability front.
Join this webinar to find out why procurement solutions are becoming a standard back office requirement, alongside the complimentary ERPs and accounting systems. Hear from guest speaker, Forrester Research, Inc. Vice President and Principal Analyst Duncan Jones, who will explain how CFOs are joining CPOs to implement modern procure-to-pay (P2P) platforms that have overcome historic barriers. New systems are providing the visibility and control executives need while delivering a great buying experience for employees – ensuring the required adoption through the enterprise to get more spend under management. Duncan will describe how these companies are embracing the best of sell-side B2B eCommerce web sites, cutting approval delays, while still ensuring policy compliance and judicious spending. The result is significant savings dropping to the bottom line, and the mitigation of risk.
Also hear from Dana Saylors and Hadi Chemaly, P2P experts from Verian, describe the results that are compelling companies to adopt these solutions, and how easy it is to add P2P to their portfolio of mission-critical systems. To register fill out the form below. You will receive an email with information on how to access this webinar.