Procurement & IT Collaboration for Digital Transformation

This report examines how procurement and IT teams can collaborate to drive digital transformation. A survey of 100 leaders shows 66% of procurement teams are involved in strategic IT planning, yet many are underutilized or informed post-decision. The findings emphasize the need for procurement to have a stronger role in technology strategy, leading to better processes and cost savings.
Key collaboration areas include identifying redundant software and co-creating optimization strategies. Closer collaboration and dual leadership in tech projects are vital for enhancing procurement's role in IT strategy. Read the full "2024 ProcureCon CPO-CIO Report" for more insights.