Catalog Management to the Rescue! Vroozi’s smartOCI Extends ERP Into Indirect Spend Without P2P [PRO]

Most companies have a wide range of technology solutions that support their purchasing function (e.g., e-procurement, spend analysis, contract management, supplier management, sourcing, etc.). In many cases, typical Fortune 500 procurement organizations have invested in multiple solutions in a single area. (Yes, the myth of a single integrated suite is greatly overrated even in cases when a firm deploys a single suite). But one area where many organizations standardize on a single provider or fail to fully make the right set of investments is catalog management, which is more often the case in North America. In this Spend Matters PRO research brief, Xavier Olivera, director and lead P2P analyst, explores Vroozi’s smartOCI solution and how a robust catalog management approach and buying front-end can extend ERP procurement capability into the indirect area without necessarily having to use a specialized e-procurement or P2P toolset.

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