Post by Columbus

Procurement processes often receive attention only after costs start increasing. ⚠️ 📉   But by then, many organisations are already dealing with fragmented purchasing, inconsistent supplier usage, and limited control over spend.   In our latest article, Richard Lindqvist explores why the biggest procurement challenge often isn’t approvals or invoices — it’s the lack of structure before purchases happen. Across many organisations, indirect spend such as IT equipment, consultancy services, and office supplies is still managed outside formal processes. The result? Limited visibility, fragmented supplier data, uncontrolled spending, and missed opportunities for savings.💡   The article explores how businesses can improve procurement through: • better approval flows • improved spend visibility • preferred supplier governance • stronger reporting foundations for future AI capabilities   If you’re looking to gain more control over procurement spend while improving visibility and decision-making across the business, this is a conversation worth reading. https://lnkd.in/dt5MB6RX