December 2, 2019 – Spendmatters.com: Leading Through Analytics
We welcome this guest post from Raphael Demmer, Senior Consultant at INVERTO, a BCG company.
“The pace of change has never been faster, but it’s never going to be this slow again.”
This is a great line, maybe construable as a platitude, but it has proven true in digitalisation in the last two decades. Nonetheless, in procurement this mystical ‘digitalisation’ has rarely been paradigm changing, or truly disruptive, but rather incremental. Suddenly, five-step tasks are compressed to two steps, rather than fully automated. End-to-end procurement suites have only recently become truly cross-process integrated, and that’s mainly the market leaders. Spend and validation AI is still in relative infancy.
Read the full article on spendmatters.com