With two-thirds of businesses still reliant on manual and paper-based processes, new research has revealed that inefficient procurement processes are costing UK businesses almost £2m a year.
Supply chain and finance professionals are spending almost a third (31%) of their time dealing with inefficient paper-based or manual procurement processes, which is costing UK businesses on average £1.94m annually and limiting procurement teams’ ability to deliver more strategic value. At the same time, two-thirds (66%) of businesses admitted they were still reliant on…
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