User adoption of automated business processes for procurement, invoicing and expense management still hovers around 20-40%. Coupa’s modern, easy-to-use, easy-to-configure platform can change that. Coupa helps extend the reach of your Oracle ERP system, by plugging seamlessly into your established framework.
The sponsor named below commissioned Ardent Partners to write this report. While the report topic In 2015, collaboration is the name of the game in procurement and frequently entails working with key internal stakeholders (like line-of-business managers and legal departments) or preferred suppliers to drive greater value through sourcing and procurement. For Chief Procurement Officers ("CPOs") and other supply management leaders, collaboration has taken on many new and innovative forms over the years, causing these executives to leverage new (and, in some cases, existing) processes, relationships, and technologies to enhance compliance, decrease risk, and increase savings. One such business process, contract management, has been reborn with digital, automated features that can shift the way procurement teams collaborate, mitigate risk, drive performance, and realize greater savings for the enterprise.
Published By: Insight
Published Date: Nov 16, 2017
Enterprises around the world are confronted with new challenges driven by a workforce undergoing massive change on both cultural and technological fronts. Today’s workforce offers the potential to bring together five generations of workers within one company, including “digital natives” — those exceptionally comfortable with the rapid changes occurring across technology. This new, broad workforce is not only powerful in size, but also in its demand for new ways of working.
Published By: Tenable
Published Date: Mar 08, 2018
Which questions have you overlooked and why do the answers matter?
According to Gartner, “OT SRM (security and risk management) leaders must ask the right questions during the technology procurement process to achieve long-term success in their security investments.” Further, Gartner states, “Translating IT security practices and copying IT security technology will not result in a secure operational technology (OT) environment.”
By reading “7 Questions SRM Leaders Aren't Asking OT Security Providers,” you’ll learn which questions to ask, why they matter, and be armed with follow-up guidance to make smarter decisions. Questions covered include:
- Does the Solution Provide Asset Discovery to Enable Operational Continuity and System Integrity?
- Does the Solution Detect and Alert on Known Common Vulnerabilities and Exposures?
- Does Your Solution Provide IT Support in Addition to OT?
- Does Your Solution Support Secure IT/OT Alignment?
Threats and vulnerabilities originally targeti
Create a transformation vision and an integrated technology roadmap to get started towards your goals.
As digital complexity increases, you’ve probably spent a lot of time making sure your customer-facing strategies and technologies are ready to meet the next challenge. And rightly so.
But what about your internal functions? Are your ERP, finance, HR, procurement and supply chain strategies ready? You may be asking some hard questions:
• How do I manage a large-scale transformation of my back office underpinned with the right technologies?
• Is my technology strategy truly aligned to meet my business goals?
• What are other organizations doing to make the transition?
KPMG Technology Strategy and Selection gives you the tools to frame such decisions by working with you to develop a transformation strategy that’s based on your organization’s overarching business needs. One that will diminish some of the noise of disruption by helping you see what’s coming--while focusing on an integr
Last week, SAP Ariba held a human trafficking roundtable event at its SAP Hudson Yards New York City
offices. The roundtable focused on the United Nations Global Compact that adopted 17 sustainable
development goals for its 2030 agenda two years ago. While most individuals and businesses believe
slavery was abolished years ago, there are currently over 40 million forced laborers worldwide. The
United Nations Global Compact initiative is assisting in highlighting the problem of modern slavery,
forced labor, and noncompliance with human rights. And this initiative lines up quite well with
procurement and global supply chains.
Over the next 10 years, companies will face more opportunity and disruption than ever before. Digital transformation is already helping companies redefine their business models, operating processes, and work – and this trend will accelerate as powerful technologies mature. Given that up to 65% of the value of a company’s products or services is derived from its suppliers1, procurement will play a leading role in enabling this transformation.
It is shocking to imagine the world where our use of plastic is leading to:
• Seas containing 500 times more microplastic particles than stars in our galaxy
• Plastic fibers being present in 83% of the world’s tap water and 90% of the world’s most popular bottled water brands
• Widespread contamination of fish in our food chain
• Seas with more plastic than fish by 2050
This is the reality of the situation we are facing today, and yet it only scratches the surface of the challenges ahead of us.
Procurement organizations are moving in substantial numbers to implement integrated technology suites in areas like
source-to-contract and purchase-to-pay. A new generation of technology has made it possible for these technologies
to move to the cloud, simplifying maintenance and administration. A recent Hackett Group study analyzed the use
of e-sourcing suites to uncover trends, benefits and drawbacks to unifying these processes in one solution. For
organizations already invested in optimizing sourcing execution efforts, the arguments for moving to an integrated
suite are compelling.
What is the current state of cloud adoption for Financial Applications?
Financial applications have been slower to move to the cloud compared to other domains such as human capital management and procurement. However this is changing, Gartner predicts that within 4 years, 47% of total expenditure on financial management applications will be on cloud applications. That will be up from 30% in 2015.
We have included four reasons why we see this tipping point happening right now.
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