| | November 20214Automation of complicated manufacturing processes, contact management, product requests, standard office supplies, etc. is a big challenge. Its optimization is primal. Every organization is exploring new ways for its refinement from every dimension. Manual procurement operations are loaded up with high processing costs, slow endorsement cycles, misplaced documents, missed discounts, and uncontrolled expenses. Moreover, the supplier relationships may endure because late payments, poor seller management, unproductive goals, inefficient dispute redressal, and that's just the beginning. Depending on obsolete, paper-based procedures to deal with procurement, the executive's exercises are both expensive and inclined to blunders. It costs organizations more en route. It is well worth thinking about how digitizing the procurement procedure can offer substantial advantages.Big or small, businesses rely on their procurement function to create savings and value by keeping spend under control and supplier relationships strong and positive. But if your organization is still relying on manual workflows and paper-based procurement processes, you're missing out on the most important benefits of procurement management software--and losing both money and value in the process. Choosing the right procurement platform for a business, irrespective of the size or industry, can be challenging and time-consuming like walking through a minefield. Even small missteps can cause disasters like revenue loss to customer churn and legal complications. Hence in this issue of ERP Insights magazine, we are showcasing lists of `Top 10 Procurement and Inventory Management Software - 2021', a carefully curated list, it highlights ERP solutions which can be tailored to meet the evolving requirements of your business. I hope this feature helps you in your future endeavours and we achieve our mission.Deepshikha SinghManaging Editor editor@theerpinsights.comProcurement Management Software - a Game Changer? Vol 4 · Issue 7 · November, 2021 Publisher & Editor Alok Chaturvedi Managing Editor Deepshikha Singh Sales & Marketing / Advertisement Shashi RanjanEditorial Team Group Art Director Ashok Kumar Visualisers Mohana Krishnan S Vetrivel editor@theerpinsights.com marketing@theerpinsights.comNo. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugheshpalya, Bangalore-560017To subscribe: Visit www.theerpinsights.com or send email to: subscription@theerpinsights.com Circulation Manager Magendran Perumal Cover price is Rs 150 per issue.Printed and published by Alok Chaturvedi on behalf of Siliconmedia Technologies Pvt. Ltd. No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugheshpalya, Bangalore-560017 and Printed at Precision Fototype Service, # 13, Sathyanarayana Temple Street, Halsuru, Bangalore 560008Copyright © 2021 Siliconmedia Technologies Pvt. Ltd. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Rohan A T Tanuja Akkannavar Sthitaprajnya Panigrahisiliconindia | | February 202027siliconindia | | MAY 201939
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