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"5 Procurement Challenges Every Leader Faces - And How To Overcome Them"

Procurement leaders face challenges: 62% of UK small businesses face unpaid invoices, supplier onboarding takes six months, and $18M is wasted annually on unused software licenses. Virtual cards, real-time reporting, and integrated systems can help. Read this infographic to find solutions for modern procurement challenges.

Procurement leaders face pressure from tighter budgets, market volatility, and the need to do more with fewer resources. Traditional spend management struggles with tail spend complexity, lengthy vendor onboarding, and limited visibility.

Modern solutions address these challenges with streamlined processes and real-time oversight. Features include:

• Virtual cards and quick transfers to cut vendor onboarding from months to days
• Integrated systems for tail spend visibility, reducing waste and consolidating suppliers
• Real-time reporting and pre-allocated budgets to adapt to market changes

Read the infographic to simplify procurement and control spending.

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