Innovation Lifecycle Management: Procurement Transformation Journey

Leadership is evaluating opportunities to reform their organizations to be more efficient and profitable and expensive while improving patient outcomes as health care organizations progressively return to a post-pandemic world. Setting up a digitalization strategy is a critical milestone to attain because procurement optimization is still one of the top concerns for CPOs, with tech as a key facilitator for efficiency benefits. However, the worldwide market for digital procurement software solutions is diverse and varied, making it challenging for procurement and IT departments to traverse. As a result, the Source-to-Pay (S2P) process must be fueled by consistent and trustworthy master data, as well as the necessary technologies. From strategy to implementation, procurement transformation supports and addresses these S2P difficulties.

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