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Procurement Automation · Source: Supply Chain Dive

These ‘4 pillars’ are critical for successful automation

“People, processes, data and systems” are essential elements of any automation strategy, Sven Diedrich, head of digital transformation and business solutions at Pinaxis, said at IMTS in Chicago.

These ‘4 pillars’ are critical for successful automation

Key takeaways

  • “People, processes, data and systems” are essential elements of any automation strategy, Sven Diedrich, head of digital transformation and business solutions at Pinaxis, said at IMTS in Chicago.
  • EProcureAI News is following this for Procurement, finance, AP, and operations leaders at mid-market companies roughly 100 to 5,000 people who want practical buying process coverage without replacing their ERP..

EProcureAI News is noting this story for Procurement, finance, AP, and operations leaders at mid-market companies roughly 100 to 5,000 people who want practical buying process coverage without replacing their ERP..

“People, processes, data and systems” are essential elements of any automation strategy, Sven Diedrich, head of digital transformation and business solutions at Pinaxis, said at IMTS in Chicago.

Why it matters here: eProcureAI runs the buying process on one purchase record: requests, approvals, purchase orders, receiving, invoice matching, budgets, catalogs, and suppliers. Employees raise what they need in about two minutes; approval rules, preferred suppliers, and budget checks apply themselves. Finance sees committed spend when a request is approved, not at month end. Implementation is typically measured in weeks, with US-based support from the same team throughout.

This brief was prepared from the public feed summary published by Supply Chain Dive. The original report has the full account.

  • #procurement-automation
  • #intake-and-approvals
  • #purchase-orders-and-receiving
  • #ap-and-three-way-match
  • #procurement-software

Original source: Supply Chain Dive

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