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 June 10, 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 June 10, 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: June 10, 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 June 10, 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/