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Non-integrated procurement and catalog/content management processes lead to seemingly endless paperwork, squandered man hours, rogue spending and lost opportunities for cost-reductions. Manual procurement processes lead to communication inefficiencies and labor-intensive functions which create great challenges for procurement professionals seeking new opportunities to drive savings and mitigate risk.
More so now than ever, procurement leaders are under increased pressure to meet regulatory demands while reducing costs and maximizing profitability. However, siloed procurement systems and processes, as well as a lack of real-time data visibility often complicate their best efforts. In today’s high-risk environment, not utilizing a single, integrated procurement marketplace leaves organizations vulnerable to errors, fraud and waste.
Join Vinimaya SVP of Worldwide Sales and Marketing, Ed Bauer as he explores ways to:
• Improve your procurement processes using integrated controls that will improve the efficiency of your entire enterprise
• Build a procurement infrastructure and ecosystem that will put safeguards in place to reduce costs while mitigating risk
• Understand the important characteristics of private and public procurement systems that will contribute to the growth of your organization