A survey carried out among Chief Financial Officers (CFOs) of manufacturing companies showed that innovation is a key priority for businesses investing in digital procurement. Six in ten respondents aimed at modernizing processes, whereas about 10 percent of surveyed CFOs invested in digital technologies for procurement in order to improve payment processes.
Main reasons manufacturers made digital technology investments in procurement worldwide in 2022
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PYMNTS. (March 1, 2023). Main reasons manufacturers made digital technology investments in procurement worldwide in 2022 [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1388117/reasons-manufacturers-invest-in-digital-procurement/
PYMNTS. "Main reasons manufacturers made digital technology investments in procurement worldwide in 2022." Chart. March 1, 2023. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1388117/reasons-manufacturers-invest-in-digital-procurement/
PYMNTS. (2023). Main reasons manufacturers made digital technology investments in procurement worldwide in 2022. Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1388117/reasons-manufacturers-invest-in-digital-procurement/
PYMNTS. "Main Reasons Manufacturers Made Digital Technology Investments in Procurement Worldwide in 2022." Statista, Statista Inc., 1 Mar 2023, https://www.statista.com/statistics/1388117/reasons-manufacturers-invest-in-digital-procurement/
PYMNTS, Main reasons manufacturers made digital technology investments in procurement worldwide in 2022 Statista, https://www.statista.com/statistics/1388117/reasons-manufacturers-invest-in-digital-procurement/ (last visited December 03, 2024)
Main reasons manufacturers made digital technology investments in procurement worldwide in 2022 [Graph], PYMNTS, March 1, 2023. [Online]. Available: https://www.statista.com/statistics/1388117/reasons-manufacturers-invest-in-digital-procurement/