For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market.
This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.
Our series runs from mid-December to mid-January, then our senior analysts will wrap up with their own take on the key themes that emerge.
In no order of preference, other than by the date they arrived in our inbox, today let’s hear from Brad Hibbert, Chief Operations Officer and Chief Strategy Officer of Prevalent.
Procurement will step into the center of risk management
As the risk landscape continues to change at an alarming rate, organizations can no longer afford to look at risk one dimensionally. At one time, this was acceptable; a financial profile or sanctions report was enough for an onboarding risk analysis. But today’s threats move too quickly to be point-in-time focused. Companies must evaluate a…