BlueProc - Faster and Effective solution to B2B collaboration

The COVID-19 crisis gave a significant push to digital transformation. The technology business will not be as usual and will never be the same again. Industries should move on and adapt to the new business normal. The changed circumstances shifted to the era of new business models. Travels are restricted, the personal meetings are way too far, business exhibitions, networking events are not happening. Acquiring new business contacts and contracts is getting harder day by day. Buyers might already be analyzed that some partnerships or suppliers are too expensive or not able to meet the growing demand due to legacy issues. To keep your business competitive, new leads, new partnerships, and technology advancement is a must. BlueProc procurement platform as a service and its multi-dimensional approach simplifies the complex bottlenecks of procurement & promotions from lead generation to deal closures.

Post COVID-19 will be challenging for the companies. Firstly, they should look for cost savings, secondly, they need to speed up the transformation to secure the business. There is a need to further reduce non-core business and overhead costs. For the technology companies, delivering tech products and implementing modern infrastructures like Artificial Intelligence, Machine Learning, Smart x, y, z, and smart marketing is a must. The focus should be on innovations and scouting smart plug & play services. In general, companies must investigate their non-core overheads, in which procurement and business developments fall. However, outsourcing work to external suppliers is a need for decades. Because they increase the profit and reduce lead times. The new need is to further reduce the overhead budget and smart sourcing solutions. COVID-19 pushed business to a contactless world. Created vacuum and delayed transformation. Forcing companies to connect and execute the work virtually. The use of multiple channels, unclear approaches jeopardize the workflow and further delay the transformation.

All these challenges require a strategic sourcing platform to fast-track Technology, Engineering and Consultancy Procurements, and Promotions.