The Spreadsheet Trap
I have asked hundreds of mid-market procurement teams the same question:
"Where does your spend data live?"
The answer is almost always the same: Excel.
And here is what that actually means:
❌ No visibility into spends by category, supplier, or business unit
❌ No way to detect maverick purchases or duplicate spending
❌ No audit trail for sourcing decisions
❌ Contract renewals missed because nobody tracks expiry dates
❌ CFO asking, "what has procurement saved us?" and no answer
Enterprise platforms exist, but they cost €150K+ and take 12+ months to deploy. Mid-market companies deserve better. That is exactly why we built Procurevo.
#Procurement , #SpendAnalytics , #MidMarket , #DigitalTransformation , #ETI