Gartner Research

Leverage Technology Procurement Tools and Automation to Increase Savings and Speed

Published: 27 February 2017

ID: G00320674

Analyst(s): Matt Corsi, Magnus Bergfors

Summary

Sourcing and vendor management leaders must expedite their contribution to balance cost saving goals with accelerating growth. Accomplish both and elevate technology procurement's value by leveraging tools and automation.

Table Of Contents
  • Key Challenges

Analysis

  • Expedite Technology Procurement With Contract Life Cycle Management, Procure-to-Pay, Service Desk and Vendor Management System (VMS) Tools
    • Contract Life Cycle Management (CLM)
    • Procure-to-Pay (P2P)
    • Technology Procurement Service Desk
    • Vendor Management System (VMS)
  • Increase Savings and Engagement With Benchmark Data, IT Asset Management, Spend Analysis and Supply Base Management Tools
    • IT Market and Benchmark Data
    • Software Asset Management (SAM)
    • Spend Analysis
    • Supply Base Management (SBM)
  • Craft a Compelling Business Case to Support the Investment in Procurement Tools, While Gaining Support for the Necessary Policy and Process Changes That Will Ensure the ROI

Case Study

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