News round-up: Digital technology and AI in procurement
SirionLabs explains how contract lifecycle management (CLM) can help organisations to drive enterprise-wide digital transformation. CLM allows organisations to migrate their commercial contracts from a fragmented legacy IT system to a single digital repository – therefore helping to develop standardised processes, templates, and business roles to ease and streamline contract creation.
Rachel Henney: Procurement and the lean management system
Announced by Esker - a global cloud platform and artificial intelligence (AI)-driven process automation solutions provider - the company has been selected by Sanden International (Europe) GmbH (Sanden) to automate its account processes.
According to Gartner, a leading consultant in supply chain and procurement, only 19% of companies are using digital technology to help with understanding & mitigating climate change risks. Gartner tells us why it’s so important for more organisations to begin using technology to harness the capabilities of predictive analysis by modelling scenarios and assessing risks.