Onerous, manual procurement tasks could soon to be a thing of the past, and modernizing could be the key to unlocking savings across the enterprise.

Supplier communications are being improved and accelerated by implementing portals or online communications platforms. These facilitate all aspects of supplier relations – onboarding, requisitions, purchase orders and invoice submission.

Many organisations who thought they were agile enough to adapt quickly have found that their plans may well have been mis-directed and not much could have prepared them for the need to react to the unforeseen chaos created by enforced supply chain interruptions driven by the COVID-19 pandemic.