Top Procurement Organization Priorities for 2023

Top Procurement Organization Priorities for 2023

This IDC Perspective highlights how procurement organizations can take several steps to improve operating efficiency to increase their value to their supported organizations. Leveraging the capabilities of their procurement applications and instituting core operating principles will drive increased spend visibility, reduce risk, and make procurement a more valued and trusted business partner."Procurement organizations can affect meaningful change to drive tangible progress toward their digital transformation objectives. We have seen common pain points that highlight several opportunities to facilitate an increase in the maturity level of their organization. These 2023 priorities can serve as a useful starting point for organizations seeking to increase their value and contributions to the bottom line," says Patrick Reymann, research director, Enterprise and Procurement Applications at IDC.

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