RE-IMAGINING S2P IN THE ERA OF AUTONOMOUS PROCUREMENT
N ATION
73 % of CFOs and finance leaders are never aligned with their CIO on strategic priorities. Without a shared vision from the outset, organisations can encounter issues like stalled implementation as departments debate their differing priorities, resulting in extended timelines and diminished ROI. The ultimate consequence is partial value realisation; without unified adoption, S2P won’ t be as effective as it’ s designed to be. Karan R. Bhatia, former Global Head of Source2Value Solutions and Tactical Sourcing Services at Sanofi CHC Global Business Services said:“ Every time we said,‘ can we substantially reduce the number of clicks, say from 10 to two clicks’, we weren’ t just challenging the process from a business perspective, but also from an IT perspective of what’ s possible in a new-age solution vs. a legacy solution. The collaboration across teams, especially digital, was immense.”
Legacy P2P systems cannot inform a strong roadmap. Instead, they create data gaps, process inconsistencies and limited visibility.
Consider counterparts’ shoes When it comes to making a business case, it’ s necessary to understand what success looks like for the organisation.
“We challenged the process from a perspective of what’ s possible in a new-age solution vs. a legacy solution”
KARAN R. BHATIA, FORMER GLOBAL HEAD OF SOURCE2VALUE SOLUTIONS AND TACTICAL SOURCING SERVICES, SANOFI CHC GLOBAL BUSINESS SERVICES
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