Resources / Analyst Reports / Procurement Leaders Intense Focus on Data Quality
The root cause of untrustworthy procurement data is both obvious and ubiquitous: free-text data entry checked using a laborious, manual error-prone validation process.
Summary
With a growing amount of data and an increasing need for agility and resilience, procurement teams cannot rely on traditional approaches to manual data validation. What if you could simulate an action like data entry before it actually happens? Or exclude anomalies and exceptions to ultimately execute the optimal action?
With Predictive Procurement Orchestration, you can! Spend Matters shows how in this analyst report.
Key Takeaways
- Why data is often overlooked even though it is an integral part of the procurement organization
- How PPO leverages technology to do what traditional methods of procurement data management have so far been unable to do
- Ways to achieve trustworthy data quality at scale
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