Drive efficiency, productivity, and agility in the procure-to-pay function

The changing role of process automation

Procurement operations can be time-consuming, error prone, and complex. With procurement costs as high as 30% of revenue, finding ways to drive productivity can have significant impact on your bottom line. But the pressures do not stem solely from cost and productivity issues. 82% of companies identify supply chain disruptions and shortages as a top factor pressuring procurement as well. It is no wonder that 61% of companies are investing in digital transformation to improve the procure-to-pay function. Given the broad array of potential use cases, where can you start?

Watch Erik Hille, Solutions Director at Nintex, lead an insightful discussion with Patrick Reymann, Research Director-Procurement and Enterprise Applications for IDC, and Bertrand Piquet, Managing Director for AMO Consultancy on the challenges and benefits of process automation in the procure-to-pay function.