In the ever-evolving landscape of supply chain and procurement, staying up to date with the latest trends and technologies is crucial for success.
Recently, Opstream had the honor of being featured by Dr. Elouise Epstein, a renowned digital futurist and partner at Kearney on LinkedIn. Her post, accompanied by an intriguing spider map titled "The Modern Procurement Stack," shed light on some fascinating insights and trends in the space, and which brands best represent these important features.
“We are witnessing a critically important innovation happening right now…the Intake/UX/Process Orchestration layer at the top, this has the potential to be the 1 app to rule them all or at least the single smart interface to all the capabilities on the chart.” says Dr. Epstein.
Aside from calling attention to AI and CLM trends, Dr. Epstein's post emphasized the significance of the Intake/UX/Process Orchestration layer, highlighting its potential to become the single smart interface that unifies all the capabilities depicted on the Modern Procurement Stack. Opstream's Co-Founder and CEO, Lihi Lutan, wholeheartedly agrees with this observation stating:
“I'm thrilled to see our platform mentioned at the center of Dr. Elouise Epstein's spider map for the modern procurement stack. The combination of a user-friendly intake platform, along with orchestration to eliminate silos, and AI-generated actionable recommendations driving optimization and efficiency, changes the way organizations make purchasing decisions. We're proud to be at the forefront of this transformation, offering procurement professionals the tools they need to streamline their processes and achieve remarkable results. Exciting times lie ahead as we witness the increasing adoption of these technologies and their impact on the procurement landscape.”
By leveraging Opstream's expertise and embracing the Intake/UX/Process Orchestration layer, organizations can unlock new levels of efficiency, collaboration, and cost savings in their procurement processes. The future of procurement is here, and Opstream is at the forefront of this exciting transformation.
Book a demo today to learn more about how Opstream can help improve and modernize your current procurement processes.