Expanding you market reach with Digital Procurement While most modern B2B businesses are focusing on using digital technology to automate production, distribution, and client management processes, their procurement processes often remain stuck in analog mode. The immediate benefits of digitizing P2P processes, or digital procurement, may be harder to quantify than upgrading an assembly line…
Reconfiguring Your Supplier Relationship Mindset Sometimes the tried-and-true becomes the tired-and-disengaged. Traditional Supplier Relationship Management (SRM) tends to manage communication down a one-way street, from your company to the supplier. When supply runs low, your company orders, waits on signatures, approvals, and fulfillment schedules. Sales representatives visit your company on predetermined agendas. Drawn-out contract terms…
In almost every business, internal transactions cover only part of your enterprise resource planning (ERP) needs. Past a certain point, improving your own systems and records can only do so much when it comes to efficiency. If, for example, suppliers are not on the same page when it comes to purchasing and tracking, then it’s…
In today’s world, ‘Innovation’ is the key to success…! In this 3-part series, you will learn why digitizing your procurement process is no longer a luxury, but essential in the Procure-to-Pay (P2P) process for reducing costs and optimizing spend management. Digital transformation is the talk of the town, or should we say industry. You read about it,…
In recent communications we’ve focused on Digital Transformation and the necessity of moving this agenda forward in your organization, or being faced with falling behind with your competitors. Let’s take Walt Disney Company for example. According to Cap Gemini, Technology (Digital Transformation) has dramatically changed the landscape at this entertainment giant. Everything from your dining…
Explore 2016 is over…Did you learn about Digital Transformation and how EIM (Enterprise Information Management) class of technologies when integrated with your organization’s QAD ERP (Enterprise Resource Planning) system creates an environment for Digital Transformation…? According to The Aberdeen Group the implementation of these solutions are critical for your organization to stay competitive in today’s business…
Digital Transformation is NOW…! The business environment that your organization competes in is highly competitive. The key to success is ensuring that the necessary changes are simple to execute, can provide value, and are supported by the technology used to run the organization. What changes should your organization use to make in order to compete? …
