![]() Poor orchestration drastically interferes with the ability to achieve compliance and meet overall regulatory requirements. This fragmentation ultimately results in maverick, unmanaged spending. ![]() Why Orchestration is CriticalĬreating a streamlined, efficient and automated procurement process is a challenge many modern organizations face, often due to their reliance on fragmented legacy processes, coupled with a lack of cohesion between departments. These processes can hinder collaboration, increase conflict and cut procurement teams out of visibility into Spend Under Management (SUM). When implemented as part of modern digital automation platforms, this orchestration combats the challenges presented by traditional processes that are typically fragmented, siloed or manual. In these challenging times, it's more critical than ever to improve resiliency, visibility and agility – especially in supply chain and procurement operations.Ī great way to improve in these areas is through orchestration - the integration and coordination across systems and processes to eliminate complexity, streamline workflows and enable better collaboration across departments. Businesses are preparing for potential downturns and pondering cost-cutting measures. ![]() As we progress through 2023, the current state of the economy has prompted uncertainty among business leaders and organizations. ![]()
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