ERPs Can’t Do it All:
How modular sourcing solutions can help

Webinar On-Demand |1hr

It’s the age-old question: Enterprise Resource Planning systems (ERPs) or best-in-breed? In this webinar encore, seasoned CPO Andrew Wolfe of Wolfe Procurement joins Bonfire technology expert Cam Davies to discuss the merits —and shortfalls—of ERPs in the procurement function.

ERPs and Modular Sourcing Solutions

ERPs are ubiquitous in organizations. They excel at core transactional tasks, but they often fall short when it comes to handling processes that require flexibility, adaptability, and collaboration. Furthermore, they often come with a steep learning curve, presenting a barrier for involving occasional users in the process.

ERPs aren’t going anywhere, but there are ways to improve your organization’s procurement process by choosing modular solutions that work alongside your ERP and provide a more customized environment to accommodate different procurement strategies and processes.

Sourcing, supplier management, and contract management often require a significant amount of cross-departmental collaboration and a high degree of flexibility, which makes them a good fit for a modular solution.

Tune in to learn more about how employing a modular sourcing solution can help you

  • Get stakeholders involved easily (a challenge for 42% of procurement professionals surveyed);
  • Increase efficiencies in the process;
  • Decrease risk with a clear line-of-sight throughout your sourcing and contract management activities; and
  • Realize swift ROI.

Plus, get expert advice on what to look for in a modular sourcing solution and how to prepare for a successful implementation.

Want to learn more about Strategic Sourcing?

Register for one of our upcoming product demo webinars to see how Bonfire can be a tailored sourcing solution for your organization.

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