New Delhi, June 16 -- In the context of day-to-day business operations, procurement has always played a critical part in creating cost savings for a company. Today, as the world moves into the post-pandemic era, procurement leaders are looking to deliver value beyond just optimizing spends. That's where technology will play a key role in delivering this value via integrated, end-to-end automation of the sourcing process.

Although there is a fair degree of automation in parts of the sourcing process such as supplier management and supplier performance management, procurement departments have not integrated these processes into each other or other enterprise systems. Without integrated processes, organizations are left with fragmented, dis...