{"id":135513,"date":"2025-07-18T10:00:40","date_gmt":"2025-07-18T09:00:40","guid":{"rendered":"https:\/\/news.sap.com\/uk\/?p=135513"},"modified":"2025-07-28T16:04:29","modified_gmt":"2025-07-28T15:04:29","slug":"how-can-cpos-lead-the-charge-part-3-navigating-procurements-digital-journey","status":"publish","type":"post","link":"https:\/\/news.sap.com\/uk\/2025\/07\/how-can-cpos-lead-the-charge-part-3-navigating-procurements-digital-journey\/","title":{"rendered":"How Can CPOs Lead the Charge? Part 3: Navigating Procurement\u2019s Digital Journey\u00a0"},"content":{"rendered":"
In our ongoing exploration of the evolving procurement landscape, we focus on an increasingly vital area for procurement leaders: digital transformation. According to the PwC 2024 Digital Procurement Survey, digital transformation is the second-highest priority for procurement teams, behind only performance, with 46% identifying it as a key focus.<\/p>\n
This article examines the current state of digitalisation in procurement, the direction of travel, and key themes that will help businesses meet their digitalisation goals.<\/p>\n
The PwC survey highlights widespread adoption of digital procurement tools, with 92% of respondents using source-to-contract (S2C) solutions and 96% using procure-to-pay (P2P) systems. Despite this, procurement teams aim to increase digitalisation to nearly 70% for both transactional and strategic processes by 2027.<\/p>\n
To achieve this, teams are shifting focus to invest in cohesive digital ecosystems incorporating the “plan-to-strategise” phase of procurement. The digital transition for strategic activities requires leveraging data and analytics capabilities to derive actionable insights that guide procurement strategies. This will play a crucial role, with survey respondents ranking data and analytics as the top priority area for digital investment.<\/p>\n
The success of procurement digitisation projects is contingent on solutions meeting team needs and adopting an efficient implementation approach. A PwC Director and expert in Procurement Digital Transformation outlined three critical areas to enable higher levels of digitalisation:<\/p>\n
1. The \u201cDeployment\u201d Process:\u202f<\/strong><\/p>\n 2. \u201cAutomation\u201d:\u202f\u202f\u202f<\/strong><\/p>\n 3. \u201cUser Adoption\u201d:\u202f\u202f<\/strong><\/p>\n In summary,\u202fmodern procurement is evolving toward becoming a best-in-class function driven by advanced technologies.\u202fBy leveraging AI, data analytics, and automation, procurement teams can\u202fuse \u201cagents\u201d that facilitate the desired outcome. The phrase \u201cThe best UX is no UX\u201d is (finally) coming to life!<\/p>\n","protected":false},"excerpt":{"rendered":" In our ongoing exploration of the evolving procurement landscape, we focus on an increasingly vital area for procurement leaders: digital transformation. According to the PwC…<\/p>\n","protected":false},"author":5044,"featured_media":135434,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"related_posts":[],"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2607111],"tags":[],"sapn-display":[5593034,5593032],"sapn-type":[2607062],"class_list":["post-135513","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","sapn-display-feature-hero","sapn-display-feature-spotlight","sapn-type-feature"],"yoast_head":"\n\n
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