Technology breakthroughs are enabling organizations to reimagine their procurement function into a virtual organization by embedding spend insights into the buying process. The new age of agile procurement brings a different set of opportunities for the leaders, along with stakeholder expectations. Procurement leaders are aiming to overcome functional silos to streamline their end-to-end buying process while exploring ways to leverage supplier relationships that can drive innovation as they try to improve performance and mitigate risks.
Procurement 4.0 is characterized by boundary less procure to pay functions, capability to act on “here and now” spend insights, zero-touch smart buying, and ability to leverage ecosystems.
. TAP™ offers one integrated solution to enable contract lifecycle, supplier performance management, catalog based requisitions, PO based buying, supplier self-service, invoice automation including capture, matching, exception routing, approvals, and payment processing.
Our customers benefit from leaner operations, greater spend visibility, responsible buying, with better buyer and seller experience.