Felix Group Holdings Blog Why vendor management should be your first investment in procurement digitisation

In today's rapidly evolving landscape of capital-intensive industries like construction, utilities, and major infrastructure, procurement leaders find themselves at a crossroads. The pressure to digitise procurement processes is mounting, but with limited budgets and a dizzying array of options, the path forward isn't always clear.Do you invest in an all-in-one procurement solution, promising to revolutionise your entire process overnight? Or do you opt for a point solution, addressing a specific pain point but potentially creating new silos? Perhaps you're tempted to maintain the status quo, relying on tried-and-true (albeit manual) methods to keep the gears turning.