Procurement Orchestration is a comprehensive methodology that supports the seamless coordination of multiple procurement processes, systems, and stakeholders across the organization and across the entire source-to-pay lifecycle. Orchestration creates a cohesive, end-to-end procurement ecosystem that drives more efficiency, visibility, and collaboration so that procurement can focus on higher-level strategic activities and supplier relationship management. Orchestration also makes it easier for procurement to be more responsive to the changing needs of the business.
Increasingly, orchestration is supported by AI and automation tools that are used to connect disparate systems, automate routine or administrative tasks, clean and normalize data, and enhance communication and collaboration across procurement's entire stakeholder network.
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