The inefficiency and lack of digitization in Procurement is costing UK business on average £1.94M annually. Compared to its peers, Procurement is also viewed as being less digital mature. With Procurement professionals are now expected to do more than ever before, from managing risk to driving innovation and achieve sustainable cost savings, digital transformation of procurement is a top priority.
This study of 200 UK-based procurement, supply chain and finance professionals at organisations examines how a lack of digitization is limiting procurement teams and stopping them delivering long-term competitive advantage.
Read this report to learn:
- The current state of procurement digitization in the UK
- The significant benefits that organisations are missing out on
- What you need to support your procurement transformation business case