HICX: 5 best-of-breed tech considerations for procurement

Procurement Magazine

Costas Xyloyiannis, CEO of HICX, discusses what the procurement community should consider when it comes to adopting best-of-breed technologies

Extensive disruption at the beginning of the decade put resilience at the top of the agenda for most organisations. Now, more attention than ever is being placed on how digital procurement solutions can be used to boost agility. 

But as digital transformation accelerates and procurement teams look beyond their established P2P or S2P suites to address particular pain points, this should not be done in a haphazard way. To be successful, organisations need an agreed plan as to how new software is identified, selected and implemented. 

So, when it comes to adopting best-of-breed technologies, what should the procurement community consider? Here are five key factors to take into account…

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