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Making the Business Case for Procurement Suites

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Published:  August 19, 2016
Access Level:   Free
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When procurement applications first hit the scene, in the early 1990s, they were what we might term “module-based,” “best-of-breed solutions” that addressed “point-based problems” that, when properly deployed, could often generate a significant return to procurement. In many ways, they brought the then-called purchasing function out of the spreadsheet-laden dark ages and into modern times. But these tools, like all promises that appear too good to be true, had their downsides.

In short, these tools were often Faustian bargains. Indeed, they came with benefits. Some of these could even prove transformational for procurement — and sometimes even the broader business. But the bargain came with a hidden price tag all too often. Download this paper to learn more.

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