The Human Element of Procurement: Building Strong Teams in a Digital Age
The role of procurement has transformed significantly over time. In an era where artificial intelligence, machine learning, and automation are reshaping the business landscape by enhancing efficiency in processes, improving accuracy in findings and helping teams make better decisions for the business, it’s easy to fall into the trap of believing that technology alone can […]
Future of Procurement in the Digital Age
We have reached a point where technology innovation has enabled an advanced new approach to procurement. This has come at a crucial moment for enterprise companies, with organisations now routinely spending more money on technology services than on goods. Massive complexity, poor data quality, and ineffective cataloging of contract and invoice information is causing companies […]
What is the Role of Contract Value Intelligence in Spending Analysis?
Understanding what truly constitutes contract value intelligence (CVI) is a crucial starting point for strategic cost management, expense management and enterprise spending analysis. Telecom or technology contract value can be determined by the quality of the service in relation to your overall technology and telecoms spend, which you must be aware of to determine whether […]
Proven Strategies to Improve Procurement Intelligence
In modern times, the shift from telecom expense management (TEM) software to technology contract value intelligence continues to gain momentum as the complexity of enterprises telecom asset lifecycle management increases. Every time you send an email or make a call, that is a service being delivered. When organizations use the cloud or machine to machine […]
Strategic Cost Management for Complex Services: CTO Insights
The focus for enterprises on strategic cost management and contract value intelligence has never been more important. From mobile contracts and packages for your teams, through to the M2M communications between your machines, your organization is consuming technology services in one form or another. You are well aware of your growing need for these services, […]