Integrated suites to best-of-breed: The evolution of procurement tech

Exploring the practical lessons from the journey from an integrated suite to best of breed technology. With Pedro Berrocoso, Senior Advisor, AccelerIQ 00:00:00 - The evolution of supply chain and procurement technology 00:11:00 - Tech at the emergence of the procurement function 00:17:20 - Is generative AI the next step-change in procurement technology? 00:22:55 - Addressing the needs of complex services in e-procurement 00:31:30 - Owning the complex services problem 00:37:00 - Pricing intangibles 00:42:10 - Understanding if you're getting the value you paid for 00:46:30 - The role of procurement excellence 00:51:50 - Do integrated suites make sense for all organisations? 00:59:00 - The temptation for best-of-breed solutions to becoming too broad 01:10:40 - Where can procurement best leverage generative AI and large language models