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The New Procurement is well-connected.

While you were busy, integration stopped being a dirty word.

  • Analysts agree that procurement leaders are moving from single tools to ecosystems
  • VendorPanel’s product strategy is ecosystem-driven, and clients are seeing the benefits
  • Integrating data, processes and systems is faster, less risky and more affordable than you think

Procurement has moved beyond manual processes and compliance tracking. Today, you’re likely to be using a digital platform that supports guided buying, automated compliance, social procurement and more, and that delivers insights that go well beyond spend analysis.

But the pace of change is quickening.

Rather than on a single platform, tomorrow’s procurement will take place in an ecosystem. It will combine the best-of-breed tools you need with your existing procurement, finance and other software.

Designed by you, your procurement ecosystem won’t lock you in. It will deliver value fast and will change over time to meet business needs.

Speak to us about our product roadmap and how VendorPanel has been developed to be part of this ecosystem. Many clients are already benefitting from integrating data and processes across the platform and their other tools.

For procurement leaders, tomorrow is already here. Are you ready?

Learn more by watching this recent webinar on the ease of integrating VendorPanel with your ERP or Finance system:

Ecosystem

The Procurement Ecosystem: Five Expert Insights

The trend to digital ecosystems and tips for building yours. There were five clear takeaways for anyone thinking of how their procurement tools will need to evolve in the coming years.

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“The integration [of Avetta compliance management] was very straightforward, and it’s now easier for our buyers to do the right thing and harder for them to do the wrong thing.”

Brian Peirce Procurement Director, APAC

Read more

Partnerships

Partnerships and alliances are at the core of our vision for the Procurement Ecosystem, where data, process and systems integrate easily to give you the procurement solution you need.

Security

Who’s protecting your procurement data right now?

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