In this whitepaper, we demystify procurement transformation for the BFSI industry. We go through some key challenges plaguing the industry today and provide the solutions to overcome them. This must read, field-guide book for procurement & finance practitioners in the BFSI industry, takes you down the automation road for essential use cases and their practical implications. In a BFSI organization, a P2P system that has been fully integrated can do a lot more than just obtaining goods and tracking payments. The strategic shift to the next transformation phase will help organizations identify inefficient spending practices and predict payment life cycles. A 5% reduction in indirect spending can lead to a 3% impact on the organization's bottom line. Key Takeaways:
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