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As an organization grows, so does its purchases and the number of associated suppliers. With the increase in purchase volume, it becomes increasingly difficult to monitor each and every purchase happening within the organization.
Thus, the window to risks in the procurement process opens up. While automation can solve half of the worries associated with the procurement process, there are also other ways in which Procure to Pay software can mitigate these risks.
As an organization grows, so does its purchases and the number of associated suppliers. With the increase in purchase volume, it becomes increasingly difficult to monitor each and every purchase happening within the organization.
Thus, the window to risks in the procurement process opens up. While automation can solve half of the worries associated with the procurement process, there are also other ways in which Procure to Pay software can mitigate these risks.