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Main reasons manufacturers made digital technology investments in procurement worldwide in 2022

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Source

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Release date

March 2023

Region

Worldwide

Survey time period

September 9 to 27, 2022

Number of respondents

250 CFOs

Citation formats

Reasons manufacturers invest in digital procurement 2022

Published by
Yihan Ma,
Jun 1, 2023
A survey carried out among Chief Financial Officers (CFOs) of manufacturing companies showed that innovation is a key priority for businesses investing in digital procurement. Six in *** respondents aimed at modernizing processes, whereas about ** percent of surveyed CFOs invested in digital technologies for procurement in order to improve payment processes.
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Digital procurementB2B e-commerce in the United StatesSoftware as a Service (SaaS)B2B e-commerce in EuropeE-commerce platform technologies
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