PwC Global Digital Procurement Survey 2022

26 May, 2022

PwC Digital Procurement Survey 2022

The latest PwC Digital Procurement Survey report, which incorporates responses from 64 countries, is now available.

The key findings include:

Carbon emissions tracking is anticipated to become a game changer across all industries – already 27% of companies have used or experimented with this use case.

27% of respondents have experienced a cybersecurity intrusion. Procurement functions have a key role to play in protecting a company from cyber-risks across their supplier base.

Despite key investment in P2P and S2C systems, 55% of respondents have difficulty in leveraging procurement data.

90% of respondents have a procurement digitalisation solution already in place.

Irish insights:

Greater level of digital payment solutions in place across Ireland and the UK compared to global counterparts.

Talent retention and upskilling is a considerably more pressing topic in Ireland and the UK when compared with global counterparts.