Increase visibility to improve procurement cycles.
Procurement teams control spending and support operations with timely acquisition of quality goods and services. Improving effectiveness around this strategic function leads to cost reduction, risk mitigation, and better purchasing decisions. However, procurement and contracting teams often rely on manual processes, spreadsheets, and siloed systems which results in long lead times.
By centralizing and automating procurement processes, including purchasing and supplier communication, organizations have the transparency to be more strategic in their sourcing and negotiations. With Appian, insurance organizations can proactively manage all aspects of the procurement and contract management lifecycle to improve performance.