Utilities should set their procurement technology strategy to implement a fully integrated global I.T. system infrastructure that incorporates procure-to-pay operations with fully automated workflows.
Despite uncertainties, utility companies must continue to provide seamless and consistent services to their customers. In this environment, the role of procurement becomes even more critical.
With the renewed emphasis on green energy, and a national net-zero greenhouse gas emission imperative planned for 2050 by the Biden Administration, significant investments must be undertaken to improve procurement processes.