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What is Digital Procurement? Ultimate Guide to Procurement Transformation

Pipefy

Other motives for automating procurement include solving for high error rates, reducing manual work, and adding visibility to the different workflows and processes that fall under the procurement process umbrella. Enhancing visibility and control. Enhancing visibility and control. Accelerating integrated procurement.

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Procurement KPIs: 22 Essential Metrics for Tracking and Visualizing Procurement Performance

Pipefy

Effective modern procurement requires end-to-end process tracking to both view and control the costs, sourcing, quality, and delivery times associated with acquired goods and services. There is a lack of leverage for price discounts or negotiations. There is a lack of purchase visibility.

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Business process management (BPM) examples

IBM Supply Chain Blog

And while enterprise resource planning (ERP) integrates and manages all aspects of a business, BPM focuses on its individual functions—optimizing the organization’s existing, repeatable processes end-to-end. BPM can also provide real-time visibility into claim status and performance metrics.