Procurement is joining the dots with technology to achieve greater strategic benefits

New research has shown that UK procurement teams are aiming to achieve a broader set of goals and improved benefits through the adoption of new,...

“Invoices are the bane of our life”, Finance teams reveal

Our latest research has shown that the heavy burden of supplier invoice processing is leaving UK finance teams struggling with productivity. 82% of 200 UK...

Finance departments falling behind with digital transformation

Millions of invoices delivered by hand, fax and post are still manually processed by UK accounts teams Four out of five finance professionals have said...

Businesses’ tipping points for professionalising procurement

New research by eProcurement provider Wax Digital reveals that procurement is just as vital for SMEs at it is for large organisations, with formal procurement...

Procurement’s Tipping Points: three factors that trigger the need for professional procurement

We asked over 250 senior managers and procurement professionals at mid-sized UK businesses about the triggers that led them to invest in professional procurement. Based...

Lack of formal procurement practice is causing growing pains for UK mid-sized businesses

Research shows that procurement is not keeping pace with businesses’ plans for expansion The UK’s mid-market businesses are being held back from their growth ambitions...

Procurement Innovation Personas Revealed

Based on research with 100 senior UK procurement executives the personas show that at least 80% of procurement professionals are seeking to challenge the status...

Supplier innovation high on procurement’s agenda

It’s a well-known fact that procurement wants to innovate more, but what does that really mean? Where does this innovation path lead to? Our recent...

Is procurement innovation restricted by risk-averse nature and non-competitive behaviour?

The Procurement Innovation Pathway research report reveals that procurement is innovating and wants to take charge, but lack of competitiveness and risk taking may be...

CPO Viewpoint – Procurement’s view of the findings

Our recently launched research study, CPO Viewpoint– What the business really thinks of procurement’s value, which revealed what internal departments (Finance, IT and Sales and...

IT: Procurement’s unknown ally?

Marcus Willbourn, Chief Operations Officer, Wax Digital discusses the importance of collaboration between IT and procurement, highlighting the benefits of a successful working relationship. Our...

Developing a successful relationship with IT

In this blog Daniel Ball, Director at Wax Digital looks at the relationship between procurement and IT departments. Our recent CPO Viewpoint Research involved 200...