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Take Back Control with a Strategic, Digital Approach to Procurement
Dark purchasing, the inability to track where a company’s expenditures are going, is a very real and damaging aspect of most indirect procurement processes. A strong approach to managing this phenomenon can save your business up to 25 percent.
Too many procurement professionals—over half of respondents to an industry survey—purchase supplies for their organization on their own, either through approved vendors or by buying and then filing an expense report. This “non-PO practice” is just one reason why dark purchasing is able to thrive in any business environment.