If the idea of digitally transforming your procurement department—or your organization as a whole—is daunting, you’re not alone. Across most industries right now, companies are implementing new tools, experimenting with new applications and adding new platforms that will hopefully allow them to work smarter, better and faster in the competitive business environment.
Making that happen isn’t easy, but a new Accenture report provides some guideposts that companies at all stages of the digital transformation game can follow. In “Future Ready Enterprise Systems,” the organization discerns between “leaders” (the top 10%) and laggards (the bottom 25%), and says it’s been tracking the correlation between technology adoption and achieved, or expected, value.
