The Procurement function has become a critical player in the process of Digital Transformation, acting as a trusted advisor to the business.

As companies continue to overhaul outdated processes and implement new technology, the need to manage change has never been more apparent. Procurement needs accessibility to data to operate at the board level and fulfil the demands placed upon it.

But as procurement continue to help all levels of an organisation, what about the function’s own Digital Transformation?

Surprisingly, procurement has largely been left behind in a world of digitalisation. While other departments have advanced and thrived with specialist tools, a reluctance to replace legacy systems has seen Procurement struggling to keep pace.

However, ‘best of breed’ solutions are providing a vital shortcut for Procurement.

They are paving the way to deliver on the failed promises of legacy systems and addressing the challenges stemming from the use of emails and spreadsheets. This allows procurement to efficiently operate at the highest level while mitigating supply chain risk, managing data compliance and saving on costs.

Market Dojo are the pioneers of on-demand eProcurement software, supporting 150+ clients worldwide in evolving their procurement processes. Their on-demand offering allows companies the flexibility of using their tools as and when required for eSourcing and supplier engagement. 

Market Dojo’s CEO Alun Rafique highlights some thoughts to consider when tackling Digital Transformation.

“Technology implementation projects should be primarily viewed through the lens of change management.  Revolutionary ideas are good and needed, but changes should be made in an evolutionary manner through incremental steps”.

In other words, supporting the use of ERP systems with ‘best of breed’ ensures real value is achieved at every stage. ‘best of breed’ solutions are no longer a bolt-on or adjunct to ERP solutions, but a core part of the final ecosystem.

Market Dojo believes in a better way to manage data, mitigate risk and deliver real value through accessible software. Implementing a tool such as Market Dojo can generate a far quicker ROI at a fraction of the cost.

Market Dojo believe Procurement should have access to the same everyday tools as you would find in sales and finance.  The vision of a ‘Procurement CRM’ is unique and set to take the procurement function by storm.