What is indirect procurement and why your company should care

Image depicts two employees reviewing their spend management

Projected to grow by an estimated 7 percent per year globally, indirect procurement provides an often overlooked opportunity for companies to save time and money. When companies use digital solutions to “revolutionize” indirect procurement, McKinsey estimates cost savings of 15 to 20 percent. This provides a huge opportunity for companies to invest in their longevity…

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SaaS Application and Software Spend Management 2024

Art of Procurement, in partnership with Productiv Accessible price points, ease of adoption and application, and promises of seamless integration, make SaaS applications a go-to solution for most businesses looking to address process or data-related challenges. But, as reliance on SaaS software grows, these advantages can also bring challenges like information security risks, difficulty optimizing…

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