6CIOReview | | DECEMBER 2020Like most other industries, technology continues to transform the sourcing and procurement space. But by the end of 2020, the sector is set to witness the biggest technological revolution driven by the impact of the pandemic crisis. To counter the setbacks and boost the workflow, CPOs will continue to invest in cutting-edge technologies that will enable remote operations while reducing overall costs and enhancing internal process optimization. Irrespective of their size, organizations will stand to benefit from this technological revolution. The utilization of cloud technology will give CPOs complete control and oversight of their spending while enabling them to efficiently handle the process of requisitioning, sourcing, procuring, and managing payments for services. Considering all these trends entering the market, organizations need to revamp their capabilities accordingly.Hence, to keep up with the unprecedented changes, the procurement sector must respond with cooperative models that favor collaborations with robust procurement solution providers. By replacing the traditional approaches with modernized solutions, organizations will be able to bridge their procurement challenges in the upcoming years. In this edition of CIOReview, we bring you the story of some of the most successful procurement solution providers that deliver the best outcomes for their clients. This edition also offers a combination of thought leadership articles from subject matter experts and exclusive insights from CIOs and CXOs. We hope this edition will provide you with the right assistance in choosing the best procurement solution providers according to your requirements.Let us know your thoughts!EditorialCloud is the Future of ProcurementCopyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.CIOReviewEmail:sales@cioreview.comeditor@cioreview.commarketing@cioreview.com December 22, 2020, Vol 09, Issue - 109 (ISSN 2644-237X) Published by ValleyMedia, Inc.To subscribe to CIOReviewVisit www.cioreview.com CIOReviewVisualizersIssac GeorgeRonald Donovan*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffJustin Smith Managing Editoreditor@cioreview.comManaging EditorJustin SmithSalesStephen Thomasstephen.thomas@cioreview.com Editorial StaffAaron PierceCarolynn WaltersShirley FaithRussell ThomasDean Winchester
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