The procurement crew spends most of its time on administrative jobs. Intelgic would like the procurement team to analyze where they are spending a lot of time on the unproductive tasks, and test and substitute those with an RPA. RPA can empower procurement teams to work with greater efficiency and productivity in core procurement processes.
According to investigation analysis, robotic process automation in procurement can -
Decrease costs by 35 - 65% for onshore delivery functions
Decrease costs by 10 - 30% for offshore delivery functions
Organizations that have completely optimized RPA for procurement strategies have 84 full-time equivalents (FTEs) ordering materials and services per $1 billion purchases, whereas those with no RPA in place require 143 FTEs.
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