PROACTIS Blog

Sector Comparison: Spend Control & eProcurement Automation 2016

Charlotte Sutton
Charlotte Sutton,
PROACTIS
The 2016 Spend Control and eProcurement technology Survey was conducted during one of the largest Spend Control networking events in the UK with hundreds of procurement, finance and related executives attending - 9 June 2016.
The survey looks at where organisations stand today with their technology deployments, as well as where they are likely headed over the coming year or two. 
 
In the Industry Sector comparison….
 
The public sector has the highest overall current level of automation followed closely by the private sector in most areas. The not-for-profit sector lags considerably. All organisations in the public sector report at least some level of automation in all areas while a number of private sector organisations do not – especially in the Source-to-Contract areas. Similarly, the public sector has several organisations reporting ‘full automation’ in several of the Source-to-Contract areas while no private sector organisations indicate that. The majority of not-for-profit organisations say that they have ‘no automation’ in most Source-to-Contract areas and report no areas with ‘full automation’.

Organisations in all sectors state that Spend Analysis is their number one area for review and transformation in the near term.
 
Public sector organisations are next most widely focused on Supplier Relationship Management and Supplier Information Management while more private sector organisations plan to focus on Contract Visibility and Management than any other area. The not-for-profit sector has lower plans for review and transformation of all the sectors.
 
Only the private sector has significant plans for review and transformation of Electronic Supplier Commerce at 47% while just 29% and 27% have plans in the public sector and not-for-profit sectors respectively.
 
Overall, the number or organisations planning to focus on one or more areas in the near term is incredibly high – suggesting eProcurement is becoming more strategic and central to senior decision-makers change initiatives.

Overall, the number or organisations planning to focus on one or more areas in the near term is incredibly high – suggesting eProcurement is becoming more strategic and central to senior decision-makers change initiatives.
  • A full 57% of organisations are focusing on review and transformation of at least one area TODAY
  • An even greater 77% of organisations plan to focus on one or more of these areas WITHIN 6 MONTHS
  • An amazing 82% of organisations plan to focus on one or more of these areas soon or at least AT SOME POINT
This is consistent with the fact that we are seeing an increasing number of organisations making Spend Control and eProcurement changes as part of larger initiatives – for example, many are centralising AP as part of larger restructuring projects, and using new Invoice Receipt and Processing capabilities to further automate the process to handle the increased volume; others are instituting new processes to improve that data as they implement new ERP systems; others are deploying a new generation Purchase-to-Pay, Supplier Relationship Management or Strategic Sourcing system as part of a larger effort to ensure corporate policies are consistently adhered to in order to avoid audit issues and reduce supply chain risk.
 
To learn more beyond these highlights:
 
Download the full results
 
Register for “The Survey Results & Insights” Webinar
 
 
 
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