Author Archives: Patrick Chabannes
In Part 1 of this series, I voluntarily limited myself to discussing the Procure-to-Pay process in the context of digital transformation without going into Contract Management, Supplier Performance and Information Management, and the Strategic or Operational Sourcing process. In this part, let’s take a quick look at how those factor into a successful digital transformation.
The digital dream: the belief that transforming the front office (also called the customer experience) will lead to success while overlooking back-office transformation will only help to hit the wall faster.” – Bertrand Duperrin When it comes to digital transformation, integrating core enterprise workflows— including invoice files, commitment control, solution implementation, and suppliers and other operational players—can be the difference between ‘check the box’ success and having a substantial impact on your ROI.
Salon Solutions is always an exciting event, and a great chance to hear the latest buzz and get a feel for what’s going on in our industry. As Senior Solutions Strategist for Determine in France, I am pleased to say that this three-day show in Paris was hugely successful in terms of attracting attendees to our booth and engaging them on a personal level. What’s more, speaking at various events was a chance to share our vision and technology around Procure-to-Pay … More
What value does the Determine Cloud Platform add? How can its Big Data offering assist buyers? And what advantages are offered by the predictive and prescriptive analytics developed by Determine? In mid-September, I was interviewed about recent and forthcoming developments of Determine’s Cloud Platform Source-to-Pay and Contract Management solutions, which cover the entire finance procurement process. The original interview appeared in the French procurement magazine, Décision-Achats. What fundamentally distinguishes you from your competitors? What would you say is the main … More
At the Salon Solutions trade show in Paris on September 21, I shared with attendees Determine’s vision for the future of Procurement Information Systems. What follows is a summary of my key points. Procurement Solutions and Organizations, after some twenty years of development, are now reaching maturity. Even though implementation levels are different from one continent to another, it is still possible to consider what the future might hold. Procurement Solutions will bring three main areas of innovation to Procurement … More
At the Salon Solutions trade show in Paris on September 21, a Round Table event was held on the topic of BPM (Business Process Management). I was invited along with a number of other experts to present my views on the topic of “How to deploy BPM: a powerful engine driving enterprise digitalization.” Here are some of my thoughts from that discussion: Optimizing processes to improve business performance may not be a new idea in and of itself, but BPM … More
Determine scored No. 1 for out-of-the-box P2P functionality for projects* A recent article in the French procurement magazine, Décision Achat, suggests a closer analysis of the situation in the world market for Procure-to-Pay software companies, such as the one conducted by the global analyst firm—Gartner. Here are some facts brought to light by the Gartner analysis that should catch your attention: About the P2P market. The Procure-to-Pay market generates about $4 billion annually with a growth rate of more than … More
“Lean production is a work organization model that favors the development of proactive, competent employees who are prepared and motivated to think and suggest improvements.” — Philippe Hidden behind the magical power of measurement quantified using intrinsically false data, Management is finding itself unable to deliver performance in a complex world within ever more complex organizations. Didn’t Lean Management provide the keys to performance? In the 1990s, didn’t the complexity sciences largely contribute to the revival of the practice of … More
How to transition from data that meets a need, to data that brings to light a fact and an action? In a short and incisive forum on the excellent Decideo, Abed Ajraou, Data & Insights Director at First Utility, does not mince his words. Many decision-makers only understand Business Intelligence to be intelligence derived from dashboards and reporting. Now, Big Data must allow a revival of business economics. Big Data is a question of survival. Reporting a photo of … More
Purchasing at the best price, at the optimum time, from the right supplier. Automatically. That, in a nutshell, is what is driving the wholesale embrace of Big Data by procurement professionals and organizations, according to Mathieu Neu, writing in French industry publication Decision-Achats. Recently, the procurement game has changed significantly, with e-procurement tools getting better and better at automating strategic purchase decisions that result in significant spending cuts and budget optimization. A few major players are leading this digitalization of … More