The Procurement Glossary » Digital Transformation
Digital Transformation
Technology & Systems
Definition
The organisation-wide adoption of digital technology to fundamentally change how procurement operates and delivers value.
Explanation
More than digitising paperwork, digital transformation reshapes processes, roles and decisions around connected data and automation. It typically combines e-procurement, analytics, integration and change management to shift procurement from transactional to strategic.
Example
A digital transformation programme replaces email-and-spreadsheet buying with an integrated source-to-pay platform and analytics.
Related terms
- E-Procurement — The use of web-based systems to manage purchasing activities electronically, from requisition to payment.
- Procurement Automation — The use of software to perform procurement tasks with little or no manual intervention.
- Procurement Analytics — The analysis of procurement data to generate insight into spend, performance, savings and risk.
- Change Management — The structured approach to helping people adopt new processes, systems and behaviours.
Related concepts
- Source-to-Pay (S2P) — The widest procurement cycle — sourcing and supplier selection on top of the operational procure-to-pay buying process.
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Frequently Asked Questions
What is Digital Transformation?
The organisation-wide adoption of digital technology to fundamentally change how procurement operates and delivers value. More than digitising paperwork, digital transformation reshapes processes, roles and decisions around connected data and automation. It typically combines e-procurement, analytics, integration and change management to shift procurement from transactional to strategic.
Can you give an example of Digital Transformation?
A digital transformation programme replaces email-and-spreadsheet buying with an integrated source-to-pay platform and analytics.
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