In today's competitive business landscape, procurement teams face increasing pressure to deliver value beyond traditional cost-cutting measures. While direct procurement often receives the lion's share of attention and resources, indirect procurement (typically accounting for 30% of total company spend) remains an underoptimized area with significant untapped potential.
This whitepaper examines the challenges procurement professionals face when managing indirect spend, explores the evolving technology landscape transforming this space ,and provides a framework for implementing automated negotiation solutions that drive measurable business outcomes.
