There’s a stigma with Procurement technology. It is perceived as a tool intended for process enforcement rather than enabling insight or competitive advantage.
The common legacy of procurement software is one of overpriced technology and that no one uses
For all of procurement’s talk about wanting to change, it seems as though the desire for a new way of doing things is stronger outside of procurement than within.
The game changer is data.
Some suggest procurement can actively drive change, through technology and analytics. In this episode of the Art of Procurement Podcast, procurement is encouraged to embrace a new mindset – one that creates a culture of insight by providing open access to actionable data.
Hear from Heta Ruikka, Vice President of Product Management at Sievo, and Flavio Monteleone, an Expert Partner in Procurement at Bain & Company. The duo discuss ways for procurement technology to be user friendly.
“Data is very cruel and very straightforward, but it’s also fair. It gives everybody a fair chance to voice their argument based on a shared foundation,” Sievo says.
Hear about other topics including:
- collaborating with the business to leverage the power of data
- ‘people challenges’ to be resolved before any technical challenges can be addressed or deliver ROI
- the power of self-service dashboards.
Listen to the Art of Procurement Podcast.
