For today’s CPOs and procurement leaders, building an agile, high-performing procurement organization — that can deliver on the rapidly evolving business expectations — is a key priority. And increasingly, technology is not just enabling this transformation for procurement, but driving it.

The Solution Impact Analysis^TM report by Ardent Partners serves as a guide for procurement leaders to understand the real impact of procurement technology on the function, and on the enterprise.

While direct purchases in most enterprises are fairly optimized, indirect purchases — with their inherent traits, such as large supplier base, complex data and high invoice volume — are prone to process inefficiencies and higher risk of maverick spending. So, how do procurement managers maintain a hawk-eye on every indirect purchasing activity to ensure savings and compliance? 

The modern day solution to this age-old concern is Purchase-to-Pay (P2P) automation.

Modern-day purchase-to-pay (P2P) systems with advanced mobile capabilities offer unmatched mobility and flexibility to procurement pros. These systems provide anytime, anywhere access to users, allowing them to manage and execute all their P2P operations on the go.

But this flexibility also brings forth several challenges related to data security.