To celebrate, we’re proud to deliver a very special end-of-year edition of CPOstrategy.
The 2024 ProcureTech100
The 2024 ProcureTech100 highlights the most innovative and customer-centric procurement technologies that are reshaping the industry. And in conjunction with this year’s PT100 launch we are sharing exclusive PT100 content to help you prepare for the year ahead.
Our 8 digital procurement trends for 2024 identifies those key technological gamechangers shaping the future of digital procurement at large – and their influence is particularly evident in this year’s winning solutions of the PT100.
We have also gleaned some incredible insights from those at the cutting edge of the procuretech transformation to see how they are predicting the future of the function, and its transformation. You won’t be disappointed.
TransUnion: Procurement as a business enabler
We meet Damon Ascolani, SVP, Head of Global Procurement, Facilities, Real Estate, and Travel at the global credit reporting agency TransUnion to see how procurement there is evolving into a trusted business enabler…
TransUnion LLC delivers a highly prized product. Trust. Whether you’re a financial institution looking to loan money, or a consumer looking for credit education tools, TransUnion is able to provide the necessary assurances needed for both parties to move forward, with confidence. As TransUnion puts it: “We’re committed to ensuring every individual is reliably represented in global commerce so consumers and organizations can transact with confidence and achieve great things. We call this Information for Good.” Read the full story here!
Keltbray: Infrastructure Services Limited: Strategic, Sustainable Procurement
The past 20 years have seen some radical changes to the ways organisations structure and operate their value chains. Financial crises, geopolitical conflict, digital transformation, worsening climate change, and the jarring impact of the COVID-19 pandemic — have all profoundly altered the way companies navigate the procurement process. For those working in the procurement sector, the world looks very different compared with the one at the turn of the millennium. So too does the procurement process.
A whole new approach to procurement
“When I started in this field 20 years ago, our focus was very different. Back then, we were called the buying department, and we were measured strictly by how much money we saved the company,” explains Lukasz Olszewski, Head of Procurement at Keltbray Infrastructure Services Limited (KISL).
ORO Labs: Solving procurement operations challenges
ORO Labs is the procurement orchestration platform for modern companies. It is on a mission to make processes better, faster and more agile in procurement and supply chain. ORO offers self-driving workflows which enable more efficient, collaborative, compliant purchasing with a personalised user experience and smarter decision-making.
Dharani Jeyaprakasam is a Solution Design Architect at ORO Labs. Having previously served 17 years at IBM in a variety of roles, Jeyaprakasam joined ORO Labs after feeling dejected about whether orchestration mattered to the world. After speaking with CEO and founder Sudhir Bhojwani, she realised she wanted to join the journey. “I was just blown away by the passion that Sudhir showed. This is especially when it comes to the problems we were trying to solve,” explains Jeyaprakasam. “There was this honest person trying to give me the same information that I felt myself. He was honest and accepting that there is a flaw in the product and that is what we’re trying to fix. And that honesty was the real attracting factor for me.”
