Procurement Automation: How to Reduce Errors and Improve Efficiency with Technology
Procurement is a key pillar in business operations, directly impacting profitability and competitiveness. However, manual procurement processes often lead to errors, delays, and increased costs.
📊 Key Insight: A McKinsey report states that procurement automation can reduce purchase order and invoicing errors by up to 40%, while improving operational efficiency by 35%.
This article explores how procurement automation with technology helps reduce errors, enhance productivity, and optimize supplier relationships.
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