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Procurement accelerates the digitalization of strategic processes

HomeBlogBriefProcurement accelerates the digitalization of strategic processes

9 December 2021
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Before an extension of the scope, digitization projects to purchasing are currently focusing on modules covering fundamental processes, starting with Spend & Performance management, which is growing strongly, according to the new Acxias Barometer on the subject. Cited by two-thirds of respondents, this steering process was only in third place in the previous edition of the study. Companies have undoubtedly understood that the analysis of expenses, among other things, is decisive to define a strategy and identify areas of progress. The other strategic process, the Source-to-contract, as well as the Procure-to-receipt process keep their place on the podium with 56% and 54% of citations respectively. This is followed by relatively stable supplier collaboration tools, followed by modules covering the Invoice-to-pay process.

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