We understand that these are tough times for businesses, as they grapple with the unprecedented impact of COVID-19. The prolonged lock-downs and restrictions have disrupted global supply chains, created significant cost and cash flow pressure, and led to high volatility in commodity prices and put many suppliers at risk of bankruptcy. But as the businesses focus on recovery and take steps to rebound in the wake of COVID-19, they have to find quick opportunities for cost savings.

With the right solution, the procurement function of a business can play a key role in overcoming these challenges, and speed up the business recovery.