We're excited to be attending DPW Amsterdam, Hall 1, Stand 19, and showcasing how to make tech work to help procurement teams reduce spend across supply chains.
We relish the opportunity to talk about Canopy whenever we can, and what it does to deliver reduced spend across entire supply chains. That’s why we’re thrilled to be attending the DPW conference in Amsterdam on 11 and 12 October. This year, DPW Amsterdam will focus on how to make digital aspirations for procurement a reality now. The speakers, panellists, and exhibitors have been challenged to deliver actionable solutions to real-world problems, not just presenting ideas. And that's exactly what we've done with Canopy.
Make tech work to reduce spend by 10% across your supply chain
Canopy is a supplier relationship management platform that aggregates each supplier's data into one trusted Vendor Master Record. Data-driven insights let you make informed decisions about supplier availability, risk, performance, diversity, ESG, and any other attributes you want to monitor.
Canopy does for procurement what CRM systems do for sales. Not only does this give you the insights you need for procurement in your organisation. It also allows you to reduce spend by identifying clearly where you can make savings. The system streamlines procurement, order management, and payment reconciliation processes. Together, this serves to reduce operational costs and improve resource allocation.
Eliminate admin from procurement operations across all departments
Canopy automates the administration of suppliers, creating reductions in the cost of supplier management. By integrating with your critical business systems, it brings data into one dashboard and triggers business processes for greater control. One client reports that they’ve made a 71% saving in administration costs of the Finance Team. At the same time, over three months, they saw a 40% increase in supplier compliance.
By reducing the burden of admin, procurement teams can work on building the strong supplier relationships which are vital for a business's success, from top to bottom. Canopy puts your supply chain at the fingertips of teams across your business, so you can respond to new customer opportunities more quickly.
Make small procurement teams more powerful with Canopy
Canopy is particularly powerful for under-resourced procurement teams, enabling them to manage multiple sites with localised needs and rapidly growing multi-national supply chains. It may be a 'team' of one person, but the procurement function often has many hundreds, or even thousands, of suppliers to look after. As we know from our experience speaking to procurement professionals, that can be overwhelming without the proper support (in the form of both management buy-in and technology).
Historically, procurement has been an outbound relationship: reaching out to get the supplier data you need. With Canopy, supplier management becomes more of an inbound relationship, freeing up valuable procurement time to look at broader business goals. We can make tech work; it’s up to you to get the management buy-in.
Meet us at DPW Amsterdam, Hall 1, Stand 19
We would love to meet you and your team to learn about your challenges and objectives for 2024 and beyond. We’re sure we’ll be able to help. Schedule a time to meet with us at the event by dropping us an email us at hello@team-canopy.com, or by completing the form here >>
We’ll be in Hall 1, Stand 19, so come and find out how Canopy can reduce spend by 10% across your entire supply chain.
In the meantime, or if you’re planning to attend the conference virtually, find out more about the Canopy supplier management platform by contacting one of the team today.
Visit: www.team-canopy.com
Email: hello@team-canopy.com
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Post by Nick Verkroost
Nick is an experienced business leader and the CEO for Canopy (OCG Software), the rules-based Supplier Management platform. Nick's focus is on commercial and operational excellence and ensuring our clients maximise the opportunities that Canopy offers.