Policy Guide
Procurement Planning
Supplier Discovery
Supplier Management
Go To Market
Compliance Management
Evaluation & Award
Contract Management
Reporting & Analytics
See an overview of all the procurement modules.
Customer Experience
Flexible Ecosystem
World Class Security
See why customers choose the VendorPanel Platform.
Solutions
Building a business case to upgrade your procurement toolset
How to show your business that investing in better procurement tools makes sense.
With stakeholders including Finance, IT and others to convince, making a business case for better procurement tools can seem daunting.
While the benefit seems obvious to you, it can be hard to get others to see the return on investment, especially if they’re not familiar with procurement. So how do you get stakeholder buy in?
Learn how you can get your proposition to move to a new procurement solution over the line with five manageable steps.
- Outline the risks and opportunities that the key stakeholders (CEO, CTO, COO, CFO) are concerned with.
- Develop a compelling solution for each problem identified, and get your solution providers to provide clear ROI metrics.
- Make sure you address security - a top concern for digital solutions - and have a change management plan ready.
Key Takeaways
More Insights
Did you Know? Getting Audit Ready
Our modules allow audit ready reporting to be generated across the full sourcing lifecycle
Grant Management Overview
This functionality gives end-to-end visibility to manage projects and contracts for grants
Did you Know? Conflict of Interest Declaration
Users can identify real or potential COIs in planning and evaluation stages of an event.
Ready to Know More?
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