article thumbnail

4 smart technologies modernizing sourcing strategy

IBM Services

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. What’s more, automating transactions reduces the staff needed to onboard new suppliers, freeing them to focus on higher-value tasks.

Sourcing 102
article thumbnail

50+ RPA use cases

Hyland

It’s tempting, when considering use cases for a new investment, to zoom out and look at everything the solution could possibly handle — “Imagine the ROI!” And while this approach may work to get a new implementation approved, it’s not the best way to roll out said implementation. Look to robotic process automation (RPA) as an example.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is a Procurement Project Management Software? – Definition

Obobo

By automating their procurement processes, organizations can save time and resources that would otherwise be spent on manual tasks. The different types of procurement project management software. There are a few different types of procurement project management software out there.

article thumbnail

Business process management (BPM) examples

IBM Services

Conversely, it has a larger scope than task management, which deals with individual tasks, and project management, which handles one-time initiatives. Also, BPM provides real-time insights into compliance metrics and risk exposure, enabling proactive risk management and regulatory reporting.