Select The Right Digital Solution
The Problem
Let’s face it, selecting the optimal digital solutions that align with the company’s distinct requirements and ambitions is difficult and the risk of failing is rather significant.
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It is actually so significant that 70% of Companies’ digital solutions have failed in the recent years. Forbes,
Our claim is that the solutions selected in most of the cases typically wasn’t the right fit for the company.
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Right fit can be many things but often it covers 3 areas:
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“Capability Right-sizing”: The solution’s capabilities compared to the company’s maturity was not an appropriate match, e.g.,selecting a too simple solution for companies where the maturity in procurement is quickly surpassing the solution or vice versa,selecting a too sophisticated solution that the company does not have the capability to properly manage.
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“Digital environment miss-fit”: The company selected a solution that did not fit within the current digital solution landscape, and the company’s process requirements did not align with the solution.
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“The One-Suite paralyse”: Somehow the company stakeholders have decided that it is easier with one solution (One suite), even though there are many great case studies on this topic within procurement, it seems that these are not read by stakeholder outside of Procurement. Not that you can’t find decent one suite solutions, but they will waste resources lack user adaption, and not deliver to the expectation, preventing many companies to prove their initial business case for the investment.