Once upon a time, procurement organizations had to resort to a motley assortment of “best-of-breed” technology solutions — a contract management application, a sourcing solution, an e-invoicing tool — in the quest for digital transformation. But recent surveys of CPOs indicate increasing recognition that a single, unified source-to-pay solution is “the right tool for the job” — providing a more modular, flexible and user-friendly technology approach that can radically transform operations and redefine value within the function.

This new paper from Supply Management Insider and GEP — A Tool for Every Job: How the Right Digital “Power Tools” Can Promote Procurement Transformation — explains how procurement teams can reach new heights of efficiency and effectiveness when their digital tools enable true versatility, collaboration and responsiveness to customer needs.