when cloud computing meets procurement
TRANSCRIPT
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When Cloud Computing meets Procurement
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What has history taught us?
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Companies which have stood the test of time have stayed technologically relevant
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Why Cloud? 1
Saas based automation solutions, empower SMEs in becoming equally competent with industry leaders (Zero Capex, Monthly subscriptions)
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Why Cloud? 2
Highly secure systems. They always up to date with the latest security patch
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Why Cloud? 3
Fastest disaster recovery times in the industry
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Why Procurement?
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▪ With all functional aspects currently becoming synonymous across the industry, procurement has currently become one of the few critical functions in the organization which can act as a competitive advantage and a critical component of any company’s success story.
Why Procurement?
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So what would it be like if Cloud Computing and Procurement met and decided to make an effective procurement automation tool?
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Procurement as a service
▪ When procurement meets cloud, you get an automation system which can be accessed from anywhere with an internet connection.
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Procurement as a service
▪ All stake holders have the same information which can be accessed at the same time
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Procurement as a service
▪ Technological adoption is both simpler and instantaneous
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Procurement as a service
▪ Seamless communication with all external stake holders4
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Procurement as a service
▪ Better procurement experience for all stake holders5
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Mantra for Procurement success
▪ A successful procurement manager will constantly look for ways to improve process efficiency and save money at the same time
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Remember: The best way to make money is to save money