Also In This Edition

Interview: “I get to practice what I preach”
Kai Nowosel, the Chief Procurement Officer (CPO) of Accenture, talks about his journey from being a consultant to a practitioner, and lays out a vision for the future of Procurement.

Supplier Compliance Ripe for Tech Disruption
While many service providers offer cloud-based technology, none so far offers an overarching solution to ensure supplier compliance across all parameters -- ranging from financial risk status to identifying and working with diverse suppliers.

Pros and Cons of Third-Party Software Maintenance
Software maintenance and support fees usually range from 18–25 percent of the license cost. However, some third-party support providers have faced legal penalties for violating intellectual property rights.

Effective subscription management
Buyers are finding it difficult to manage scientific, technical, and medical (STM) subscriptions despite the supply market being consolidated by aggregators and leading publishers.

Procurement ESPRESSO
Stories that offer a blend of viewpoints from CPOs and market analysts
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