Source One's series for keeping up with the most recent highlights in procurement, strategic sourcing, and supply chain news week-to-week. Check in with us every Monday to stay up to date with the latest supply management news.
Jason Busch, Spend Matters, 3/7/2019 In preparation for Spend Matters' Accounts Payable Automation SolutionMap, they are looking to define the bounds of AP automation solutions, as the market sees them. Busch begins by laying the landscape for AP automation as far as the functional areas it covers, and then explains the variance between focus areas in different vendors. In short, these vendors cannot be looked at on an 'apples-to-apples' basis. Visit the post to see how Busch cuts through the confusion.
Seeing the Light: Why More CFOs are Using Procurement as a Tool for Business Growth
Lawrence Cook, Future of Sourcing, 2/25/2019
CFOs in Europe are seeing their procurement teams as more than mere back-office functionalities, but as proactive business tools. Efficiency improvements, growth and gross profit are the top three challenges for European businesses. Limitations in in-house resources has led these businesses to consider new methods of outsourced procurement to achieve strategic objectives for short-term and long-term goals. Visit the post for more details on how.