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One-stream process

over 1 year ago

Why is one-stream process critical for procurement success?

Vendor Responses

Response by IBM Source to Pay on Cloud

over 1 year ago

Because when upstream and downstream procurement processes are disconnected, companies and procurement organizations often:

• Are unable to enforce buying policies and contracts which can lead to maverick spending

• Lack basic compliance and the ability to enforce contracts and realize contracted savings

• Are inconsistent in managing the supplier onboarding processes and supplier risk

• Lack supplier visibility which leads to uninformed purchase and business decisions