Evolving Procurement with AI, strategic partnerships & sustainable growth

Adam Smith joins Kathy Svetina to share practical insights on transforming procurement from a basic purchasing function into a valuable business partner, and everything from managing software costs to building effective partnerships across departments.

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Key takeaways:

• Procurement must be positioned as a strategic partner for success
• Align procurement with finance
• Develop procurement as an art, not a science
• Understand business needs before building procurement processes
• Collaborate with finance from day one
• Use technology to automate and streamline high-volume processes
• Tackle SaaS and cloud costs with a value-driven approach