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The Hidden Cost of Procurement Neglect
How ignoring procurement drains profits and increases risk in 2025.
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The stakes for procurement have never been higher. With 50-60% of revenue going to suppliers and economic uncertainty as a top concern for CFOs, ignoring procurement isn't just negligence—it's endangering your competitive position. Every dollar saved through better procurement goes straight to your bottom line. The question isn't whether you can afford to invest in procurement, it's whether you can afford the cost of doing nothing.
Here’s how the cost of inaction shows up:
- Your Bottom Line Suffers: A 6% reduction in procurement spend equals the profit boost of a 20% revenue increase—which is easier to achieve?
- Security Vulnerabilities Multiply: With 40% of tech spending happening without IT oversight, companies face an average $4.9M cost per data breach.
- AI Makes Procurement Simple: Modern tools deliver ROI in weeks, not years by automating tedious tasks and providing immediate visibility without disrupting operations.
The stakes for procurement have never been higher. With 50-60% of revenue going to suppliers and economic uncertainty as a top concern for CFOs, ignoring procurement isn't just negligence—it's endangering your competitive position. Every dollar saved through better procurement goes straight to your bottom line. The question isn't whether you can afford to invest in procurement, it's whether you can afford the cost of doing nothing.
Here’s how the cost of inaction shows up:
- Your Bottom Line Suffers: A 6% reduction in procurement spend equals the profit boost of a 20% revenue increase—which is easier to achieve?
- Security Vulnerabilities Multiply: With 40% of tech spending happening without IT oversight, companies face an average $4.9M cost per data breach.
- AI Makes Procurement Simple: Modern tools deliver ROI in weeks, not years by automating tedious tasks and providing immediate visibility without disrupting operations.
The stakes for procurement have never been higher. With 50-60% of revenue going to suppliers and economic uncertainty as a top concern for CFOs, ignoring procurement isn't just negligence—it's endangering your competitive position. Every dollar saved through better procurement goes straight to your bottom line. The question isn't whether you can afford to invest in procurement, it's whether you can afford the cost of doing nothing.
Here’s how the cost of inaction shows up:
- Your Bottom Line Suffers: A 6% reduction in procurement spend equals the profit boost of a 20% revenue increase—which is easier to achieve?
- Security Vulnerabilities Multiply: With 40% of tech spending happening without IT oversight, companies face an average $4.9M cost per data breach.
- AI Makes Procurement Simple: Modern tools deliver ROI in weeks, not years by automating tedious tasks and providing immediate visibility without disrupting operations.
Spend Management Is a Competitive Advantage
Companies are spending millions on growth software, but without intelligent spend management, they’re bleeding cash through inefficient processes. Prioritizing spend management delivers benefits across the entire organization, not just in finance. Yet, many businesses are quick to invest in sales and marketing tools while neglecting spend control—and that discrepancy is costing them. This report shows how modern spend management delivers greater ROI and helps you build the case for necessary resources.
Without it, you’re wasting time on manual tasks that could, and should, be automated.
Spend management isn’t just back-office—it's fueling top-line growth.
Integrated systems mean better control, fewer errors, and more impact.
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