Transparent e-Sourcing: Making audits pleasantly predictable is SourceDogg’s latest free procurement white paper and is available to download now.
Various studies and reports show that when it comes to managing their purchasing and supply chains many firms suffer from a lack of oversight and awareness on who is spending what. This is certainly not in a firm’s interests and can impact everything from profitability to share price. The development of e-procurement technologies has opened up new possibilities for firms to inject greater transparency into supply chain management; and this is achievable without incurring major costs or disrupting existing financial and enterprise resource planning systems. Surprisingly, firms have been slow to realise the benefits of e-sourcing tools and so transparency remains a problem for many.