23% of CPOs see addressing compliance as the biggest benefit of Purchase-to-Pay systems. According to analysts, improving spend compliance from 60% to 95% would reduce cost of goods sold by 4%. Lower operating costs and higher profitability are driving forces behind the adoption of Purchase-to-Pay solutions.
View our infographic to learn:
The benefits of managing the long tail of the supply chain
The amount of earnings that can be lost when the long tail isn’t managed
Why e-Procurement results in stronger and more transparent supplier relationships with lower risks and transaction costs