Digitization of procurement for medium-sized enterprises: it has never been easier and cheaper – and yet …
SRM

Digitization of procurement for medium-sized enterprises: it has never been easier and cheaper – and yet …

Jan Vašek - Chief innovation officer Promitea
Jan Vašek
Chief innovation officer
Published

From my experience, the key in medium-sized companies, between 100 million and 1 billion CZK, is to break the vicious circle of activities that bring immediate and visible benefit.

📘 From my experience, the key in medium-sized companies, between 100 million and 1 billion CZK, is to break the vicious circle of activities that bring immediate and visible benefit.

When introducing an electronic request-for-quotation process – by this I mean moving away from Excel and email – it is mainly about taking the first step and the pressure from management until the whole process becomes routine. Our experience shows a return on investment within weeks, often after just the first few tenders.

In supplier management, it is primarily about the decision of how much value order in procurement has – contracts in one place, clear reports with a single click, supplier evaluations that can actually be acted upon.

Our customers agree that “the biggest advantage of SRM is that you don’t have to think about it and keep it in twenty places and in emails.”

It doesn’t matter whether you choose Promitea or one of the competitors, the important thing is to make use of the benefits that procurement digitalization brings to medium-sized companies at minimal cost. Above all, please don’t wait – just get started!

5 basic functions of the SRM module - Supplier relationship management

Published
Jan Vašek - Chief innovation officer Promitea
Jan Vašek
Chief innovation officer
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