Half of procurement and supplier management processes have yet to be digitised
More than half (53%) of procurement and supplier management processes have yet to be digitised, according to research from Ivalua, a provider of procurement, spend and supplier management Software.
This is creating inefficiencies, with procurement teams estimating they are wasting more than a fifth (22%) of their time each year dealing with paper-based or manual processes.
The study reveals that half of procurement leaders (50%) think that the rate of digitisation within...