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The digital automation of your procurement process 

An Olympic Software whitepaper

Digital transformation has exciting potential to improve a company's business processes, for example procure-to-pay or sales fulfilment processes, and you've probably heard people saying that if you want your business to survive and grow, digital transformation is crucial. 

That's where the concept of e-procurement comes in. It's the digitisation of the purchase order, and payables invoices processes.  It helps you to have a better view of your supplier relationships, with greater transparency around transactions. It's an automated process, aimed at digitising the procurement process from end-to-end.

So what is this whitepaper about?

  • Automating the future - no matter the size of your organisation, from enterprise-grade down to small business, digital transformation is imperative and inevitable. 
  • Procure-to-pay, what exactly is it? - this term is derived from the sequence of the procurement process itself. It's a process, not a technology and we delve into ways to digitally transform the procurement space.
  • Harnessing P2P technology - as digital transformation increases, so too do the software solutions to harness it. 
  • Features of an effective P2P solution - as with any investment, it's important for a business to do it's due diligence in order to find the tool that's best fit for their requirements. 
  • Building the business case - achieving the executive buy-in for the P2P solution is your next hurdle. We analyse business pain points and potential gains that underscore the need for procurement automation. 

 

A look inside this whitepaper

In this whitepaper, we focus on the benefits of automating procurement processes and building a business case for a procure-to-pay solution. Here's a quick preview of this guide to procurement automation.

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The future of procurement automation

Everything you need to know about the procurement process and why it needs to be automated.

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Essentials of an effective P2P solution

Business owners and CIOs need to realise that, for all intents and purposes, automating procurement processes is really no longer optional.

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Pinpoint the pain to maximise the gain

Your next hurdle is achieving the executive buy-in. We help you to build a robust business case for a P2P solution.

 

Are you ready to digitally transform the way procurement works?

With digital transformation there are other factors to consider, such as a combination of no-regrets improvements as well as additional, speculative updates that evolve over time. It's important to consider whether operations and technology are sufficiently integrated, and whether your business has the talent strategy and organisational structure that's open to innovation.

That's where the concept of e-procurement comes in. It's the digitisation of the purchase order and payable invoices processes.  It helps you to have a better view of your supplier relationships, with greater transparency around transactions. It's an automated process, aimed at digitising the procurement process from end-to-end. Download this whitepaper to get digital and transform your procure-to-pay business processes.

 

Download this whitepaper now