Risky Business With PaymentWorks: E13–The Supplier File and Your ERP
A few things about ERP migrations, the expectations organizations have on their human vendor managers, and what AI has in store for vendor data.
Digital procurement almost sounds like an oxymoron to some people. Sure, there are the manual processes that we all know and love (to hate).
But procurement professionals may also look sideways at the idea of digital procurement because they are intimately familiar with all of the unknowns that IT teams often don’t take into account when planning big projects like ERP modernization.
All this internal knowledge is juggled between one or two people who have been doing this job for years, meanwhile the idea of ERP modernization swoops in like the hero that saves the day.
How do you reconcile the supplier file and your ERP while making sure nothing falls through the cracks?
Jens Brown has more than two decades of experience working with organizations to transform their procurement, payables, strategic sourcing, travel and expense management functions.
Currently, he is a principal in the education group at Huron Consulting, where he’s spent the last 13 years primarily focusing on spend management, consulting, operational assessments, strategic sourcing, work redesign and technology implementations for higher education and healthcare.
Jens covered a lot of ground on the podcast about the supplier file and your ERP. One big point he hit on is that, while IT endeavors are tech-focused, people sit at the heart of it all:
And that a shiny, new ERP is not a silver bullet:
And that AI is changing the game in a big way:
Did this episode on digital procurement get you psyched about the supplier file and your ERP? Then you definitely don’t want to miss the party on December 12th.
Whether you’re in the middle of an ERP conversion or digital procurement transformation or not, we could all use a little unity. So we’re bringing everyone in vendor management together for one big, digital hat tip toward one of the most under-recognized roles across industries.
Interested? Join us in observing Vendor Management Appreciation Day (VMAD).
VMAD is a brand-new holiday geared toward unifying vendor management professionals and celebrating innovation in the field.
We’ve already launched three amazing tools to make your life easier – and there’s more to come.
Learn more here, and grab some free vendor management goodies.
Explore our blogs below. They’re filled with action items you can implement right away.