In a world where supply chains are as fragile as the global economy itself, a new kind of connection is reshaping how companies work together – the digital business network. It’s no longer just about faster document exchange or simplified invoicing. It’s about connecting companies, partners, and suppliers into one living ecosystem that grows, reacts, and creates value in real time.
What does a truly effective procurement organization look like? One that is agile, data-driven, and ready for market shifts? SAP Ariba’s latest benchmarking report offers answers — based on real-world results from hundreds of organizations worldwide. The data highlights how digitization, when done well, delivers measurable benefits across the entire procurement lifecycle.
Procurement is no longer defined by cost savings alone. In today’s environment of geopolitical turbulence, economic uncertainty, and rapid technological change, procurement leaders are being called upon to deliver much more than financial efficiency. A new global study by Economist Impact—based on responses from over 2,000 C-suite executives across 23 countries—highlights how procurement is evolving to meet these challenges.