Procurement teams can use technology to make better decisions faster and avoid bottlenecks and delays in sourcing, contracting, funding and delivering goods.
According to Gartner research, procurement functions are less focused on advanced next-generation technologies and more focused on foundational technologies that ease core work.
- 69% of procurement professionalsuse technology for spend analysis and procure-to-pay (P2P)
- Only 8%are investing in AI
- 71% thinkthat procurement technology investments are a low priority when setting the IT budget
Download the infographicto learn how to use procurement technologies and what challenges procurement leaders might face while implementing them.