Constrained budgets, leaner workforces, do more with less and the necessity to report on value contribution are all increasing the need for technology to help drive procurement transformation. At first glance, Enterprise Resource Planning (ERP) systems get the attention of Finance and IT, but the realities of associated cost, project length and lack of necessary procurement functionality quickly become a harsh reality.
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Constrained budgets, leaner workforces, do more with less and the necessity to report on value contribution are all increasing the need for technology to help drive procurement transformation. At first glance, Enterprise Resource Planning (ERP) systems get the attention of Finance and IT, but the realities of associated cost, project length and lack of necessary procurement functionality quickly become a harsh reality.