There is a willingness to automate procurement with the help of software solutions, but the implementation of a digitisation project is often made more difficult by the multitude of existing solutions. So how do you proceed? Checklists can help to pay attention to the right criteria when it comes to the selection. This blog article reveals why the automation solution should enable an uncomplicated and fast digital supplier connection in particular.

AI and big data are drivers of new digitised business models. But many employees in purchasing do not yet have the right tools at hand to benefit from big data in their everyday work. As a basis, you first have to get a grip on the small data. Read here what role clean data plays in procurement and how artificial intelligence can lead to higher data quality.

The topic of digitisation in companies can no longer be ignored. In fact, it is advancing to become one of the top issues in industry and economy. Therefore, it is important not to leave the topic of digitisation to the IT department alone but to cover all facets of the topic. Procurement in particular plays a central role in digitisation efforts.

What are the top topics in procurement in the Covid-19 times? What about the digitisation of purchasing? What role do modern technologies play in managing the current effects of the coronavirus pandemic? For example, how can AI-based software support procurement quickly and efficiently?

More and more companies are relying on intelligent automation tools such as RPA or AI. The goals are less effort, shorter processing times, process optimisation and cost savings. But which automation solution is suitable for procurement?

Cloud computing is one of the most important innovative trends in corporate IT, because it is a technology that makes companies modern and future-proof. Software-as-a-Service (SaaS) is the most popular service model and has many advantages over an on-premise solution. Read everything you need to know about cloud computing and the SaaS model here, and learn how you can start the digital transformation in your company with cloud-based solutions.

Industry 4.0 has noticeable effects on all functional areas along the value chain. This of course also applies to procurement, which must now set the course for a successful procurement 4.0. As a result, the digital transformation of procurement also contributes to the transformation of the buyer’s job. Read here how you can use digitisation in purchasing and innovative technologies to transform yourself into a digital buyer.

What about the digital transformation in Germany? Which gaps in digitisation were uncovered by the pandemic? Are there currently any positive developments? What opportunities does the current situation hold? And what measures do companies have to take in order to use this potential?