Source-to-Pay trends Chapter 3:
Guided behaviour is good behaviour
In Chapter 3 of our series of Source-to-Pay, Procurement and Finance trends to watch, we focus on how guided behaviour is good behaviour.
The term
Guided “Buying" has been circulating for some time now, with many organisations having already adopted it; the art of directing users to the preferred, authorised suppliers, contracts and policies, and accurate pricing – in an easily consumed way. Search capabilities enable easy access to supplier content via electronic catalogues and/or websites to ‘guide’ an employee from a basic expression of need to products/services that satisfy that need from qualified suppliers.
After all, if it’s not easy for users to find what they need from the right supplier, chances are they’ll either simply use one they’re familiar with – who may not be authorised – or even worse, will just circumnavigate the system and go out directly to a new supplier. Adding new suppliers not only creates issues with supplier onboarding, it also creates issues by further expanding your tail end of spend and means a further supplier requiring evaluation, setting up and then managing.