Vizru Smart Procurement Framework
Smart procurement refers to a holistic improvement to procure-to-pay process by incorporating real-time dashboards, omni-channel experience, bots for automating tasks, ML for predictive analytics, proactive fraud detection, and extensible processes flows. Monolithic systems like ERP are enormously expensive, rigid, takes years to implement, requires large workforce to maintain and yields poor ROI. Enterprises should decentralize innovation and empower individual organizations and business units to solve their own problems faster, cheaper and better.
