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In today’s fast-paced business world, mid-sized companies are continually seeking ways to cut costs while improving operational efficiency. One of the most effective strategies to achieve these objectives is to consolidate both direct and indirect procurement into a single procurement suite. Direct procurement includes purchasing raw materials, components, and goods for production, while indirect procurement […]
In the rapidly evolving landscape of Source-to-Pay (S2P) technology, a concerning trend has emerged: many suppliers are prioritizing their larger clients, often at the expense of smaller customers. This oversight not only hampers the growth and efficiency of small businesses but also creates a gap in the market for more attentive and committed suppliers.
Handling Indirect and Direct Procurement scenarios in a single Source-to-Pay (S2P) procurement suite offers several key advantages, including streamlined operations, better visibility, and cost savings. Know more…
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