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.
Pressure is ramping up for procurement. Right now, being able to procure the right item at the right time and at the right price from the right place, is more important than it has ever been. Automating the process from procurement to payment can speed up the procurement process dramatically. It frees up your team
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.