399: Reimagining the P2P Experience for Procurement, the Business, and Suppliers w/ Magnus Bergfors

As digital transformation progresses, corporate leadership teams are increasing their focus on the quality and availability of data. Spend analysis is just one internal data resource in a sea of data ecosystems, but it has the potential to serve as the foundational connection point for all procurement analytics.

For this special series, Art of Procurement partnered with Sievo and Buyers Meeting Point to take a deep dive into procurement data ecosystems. We will explore how procurement leaders can meet their analytical requirements while also exploiting the full cross-functional value of data – data that enables corporate growth and competitive advantage. 

In this episode, Kelly Barner and Magnus Bergfors, Global Business Director of Basware, discuss the evolving role of procure-to-pay in helping procurement satisfy business objectives while also improving the internal user and supplier experiences.

• How to ensure that any P2P implementation or digitalization project delivers what the business needs over the long term
• The barriers to supplier adoption and what additional requirements are being added through efforts to bring small and diverse suppliers into the enterprise supply ecosystem
• How CPOs should approach P2P in the coming years, and how they should evaluate their success