The priorities of purchase-to-pay teams have evolved over the past decade. Today, 52% of organizations prioritize delivery of strategic value – including effectiveness and stakeholder experience – over metrics like basic efficiency. That’s not to say that reducing cost is no longer important. On the contrary, having successfully transformed themselves into engines of efficiency, basic cost management has simply become business as usual in purchase-to-pay organizations.
Hear from Nic Walden, Senior Director of Procurement at The Hackett Group and Ryan Enright, VP of Business Development at Tungsten Network as they discuss new research outlining the three-stage transformation model that make efficiency and delivering strategic value possible.