Going Digital? Key Factors to Consider When Evaluating a Procurement Solution

A few questions can simplify a daunting task to evaluate which source-to-pay solution will be the best for the future of your company.

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As previously discrete procurement activities converge onto unified, cloud-based networks—tying together sourcing, purchasing, payment and contract-management functions—many professionals in the field are no longer asking when or whether to embrace such systems, but which ones? Appreciating the value that networks can unlock for buyers and suppliers, procurement professionals need a set of criteria for selecting the digital solution best suited to their needs.

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