In this episode of the Futurum Tech Webcast, Shelly Kramer, principal analyst and founding partner of Futurum Research, is joined by Chris Haydon, former president of SAP Procurement Solutions, and more recently, a consultant and current board member of ConvergentIS, for a conversation about taking procurement processes to the next level and the benefits that organizations can realize along the way.

For starters, let’s be real: procurement processes are by no means a sexy part of business, but they are an incredibly necessary one. And, based on what we’re seeing the market, outdated methods for sourcing, purchasing, and managing processes are a reality — and one which can often lead to a number of challenges across the organization. So, that’s why a conversation about taking procurement processes to the next level and exploring what organizations can do to optimize their procurement processes is a timely one.

Here are some of the things they covered in their conversation:

• Procurement can cover a wide area – we explored the differences between the midmarket and large enterprise market space.
• The challenges, especially those experienced by the midmarket, to procurement operations, and the areas of procurement that the midmarket sector needs to optimize.
• The kind of solution that’s best suited for the midmarket: Ferrari or Ford?
• How can a solid procurement strategy help set up organizations for success in 2023 and beyond?
• An overview of ConvergentIS and insight into how the company helps midmarket organizations solve their procurement challenges.

If you’re in procurement, this is an episode that we think you’ll learn a lot from.

If you are thinking about your procurement strategies for the year ahead and want to explore how you can integrate technology into your procurement operations you can find more information on ConvergentIS, visit the SAP Store here. You can also find Chris Haydon on LinkedIn and he’ll be glad to answer any questions you have.