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Benchmark Study Reveals the Biggest Challenge Energy Companies Don’t Know They Face: A Costly and Very Manual Source-to-Pay Process

www.businesswire.com 22-10-2024 02:30 0.5 Minutes reading
AUSTIN, Texas--(BUSINESS WIRE)--A new study on the energy source-to-pay (S2P) space has revealed the high costs and hidden inefficiencies of the process that energy companies use to source, procure, manage, and pay vendors for projects, Workrise announced today. The findings show that many industry leaders are unaware just how inefficient — and costly — the traditional source-to-pay process in energy has become. Workrise, the source-to-pay solution for the energy industry, commissioned NewtonX,

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