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Why CFOs and CPOs Must Align on Category Taxonomy to Unlock Strategic Savings By Ravi Pachauri, Procurement Transformation Leader & Coupa Partner In today’s enterprise landscape, procurement and finance leaders are under pressure to deliver better savings (As per Deloitte- Among top 3 priorities of 71% CFO/ CPO), more transparency, more agility. Yet, one of […]
Digital and ERP transformations are often positioned as engines of efficiency and growth—but the reality is sobering. According to Gartner’s What IT Leaders Must Do to Avoid Disappointing ERP Initiatives, nearly 70% of these programs fail to meet their business objectives. That failure translates into more than missed milestones—it represents misallocated capital, lost time, and […]
To highlight the misalignment between IT strategy, project scope, business outcomes, and vendor selection decisions, we examine a specific deliverable from a larger transformation project- the “Supplier Onboarding Questionnaire”. This deliverable, though small, was well-structured during the transformation program, thoroughly tested, and supported by a detailed workflow. The final solution comprised 279 questions for suppliers, […]
IT functional delivery is not equal to business transformation if business has not designed the program objectives and success criteria.
The month-end forecast is off — again.A key supplier invoice wasn’t booked. Another was paid twice.And the CFO of a mid-sized manufacturing company has just walked out of a board meeting where working capital questions were front and centre. With procurement spread across plants, manual processes still in play, and a finance team stretched thin, […]
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