Sean Sollitto, Co-Founder of Relish, joins us to talk about the importance of trusting Supplier data from bank account validity to sanctions screenings and how technology can reduce risks in the process.

Guest: Sean Sollitto – Co-Founder and VP of Business Development, Relish

Host: Sarah Nelson – Senior Solution Advisory, SAP Finance & Spend

Host: Erik Derenne – Director, Strategic Solution Advisory, SAP Finance & Spend

Host: Justin Morse – Vice President, Solution Advisory, SAP Americas, Finance & Spend

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Risks are lurking around every corner in the enterprise procurement space and nowhere is that more prevalent than when it comes to managing and trusting supplier data. Paying fraudulent bank accounts… Working with sanctioned suppliers… Paying incorrect tariffs… Not knowing these things can result in big fines and major problems for an organization.

So, what’s a procurement department supposed to do?

Our guest today might just have the solution. Sean Sollitto, co-founder and VP of Business Development at Relish, sat down with us to discuss how they’ve developed an AI-driven solution to address this very issue. Relish Data Assure automates the Supplier information process at every step of the Supplier Lifecycle journey. This means not just once during supplier onboarding, but repeatedly, to ensure you can feel confident in who you’re doing business with.

Prior to co-founding the enterprise application firm, Relish, Sean spent years focused on eCommerce and Procurement across operations, architecture and consulting, which has given him a unique ability to understand technological and operational context to identify solutions and drive valuable outcomes.

As the technological landscape gets increasingly more complex and procurement gets tasked with managing an ever-growing amount of data, assurance of data integrity will not just be a nice-to-have, but a priority. Ensure your company has a strategy to gain trust in their supplier data and know exactly who they’re doing business with and who they’re paying.

So, let’s dive in, and don’t forget to like, share, and subscribe. I am your host Erik Derenne, and you’re listening to The Future of Procurement Podcast.

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Guest: Aaron Horn – Senior Solution Advisory, SAP Finance & Spend

Host: Sarah Nelson – Senior Solution Advisory, SAP Finance & Spend

Host: Erik Derenne – Director, Strategic Solution Advisory, SAP Finance & Spend

Host: Justin Morse – Vice President, Solution Advisory, SAP Americas, Finance & Spend

What happens with the priorities of maintenance engineers in asset intensive industries don’t align with the polices and compliance goals of procurement? Friction…barriers…transformation roadblocks to name a few. Our guest today would even go so far as to say he “hated” the procurement processes he was asked to follow.

But what if there was a better way for these teams to collaborate?

Although he’s a Solution Advisor at SAP today, helping customers drive procurement excellence, in a prior life our guest Aaron Horn worked as a Maintenance Reliability Engineer in the Oil Refining industry. Aaron draws on this background to give a unique perspective on the challenges of managing the conflicting priorities of maintenance managers and procurement teams and the importance of collaboration and feedback in bridging the gap.

As more companies look to technology to enable business and procurement transformation initiatives, Aaron emphasizes the importance of maintenance professionals being involved in procurement decisions and conversations to better align priorities and embrace continuous improvement to adapt to changing business needs. The surprising conclusion – fostering empathy might be just as important as the underlying technology and AI.

So, let’s dive in, and don’t forget to like, share, and subscribe. I am your host Erik Derenne, and you’re listening to The Future of Procurement Podcast.

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Guest: Mike Jasper – Director of Transformation Product & Client Success, Extropy Advisors

Host: Sarah Nelson – Senior Solution Advisory, SAP Finance & Spend

Host: Erik Derenne – Director, Strategic Solution Advisory, SAP Finance & Spend

Host: Justin Morse – Vice President, Solution Advisory, SAP Americas, Finance & Spend

One of the most common misconceptions of major procurement transformation projects where new technologies are implemented to drive automation and efficiency across the source-to-pay cycle is that a headcount reduction is inevitable. If a company can process more transactions faster and with fewer Users, then some people will lose their jobs.

But what if that isn’t the best way to maximize value from these investments?

Our guest today is Mike Jasper, Director of Transformation Product & Client Success for Extropy Advisors. Having spent over two decades leading organizations through complex change, Mike brings a forward-thinking approach and commitment to align businesses at every level in embracing digital transformation and driving a strategic vision for the future.

Mike reflects on these experiences to showcase how best run companies look at digital transformations as an opportunity to drive value by shifting resources from manual, tactical activities towards more strategic initiatives. He specifically focuses on the area of Accounts Payable and describes how automating the invoice process (ingestion, coding, matching, exception routing, etc.) can free up AP resources to focus on more complex and value-add priorities such as tax optimization, tariff impacts, DPO terms extension and early payment discount opportunities.

So, let’s dive in, and don’t forget to like, share, and subscribe. I am your host Erik Derenne, and you’re listening to The Future of Procurement Podcast.

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Send feedback and questions to: TheFutureOfProcurement@sap.com