Addressing the Document Disconnect in Procurement
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Transcript of Addressing the Document Disconnect in Procurement
© 2015 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential. 1
Addressing the Document Disconnect in ProcurementConrad Smith | Sr. Director, Global Procurement
© 2015 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential. 2
Who is Adobe?
• More than 30 years of innovation
• Inventor of PDF technology
• Complete solution for secure, reliable document workflows across platforms and devices
• Continuous innovation and investment for future
© 2015 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Mobile installs
per day of
Adobe Reader
100ME-sign
agreements
processed
50BPDFs opened in
Adobe products
alone in the past
year
Adobe and the Explosion of PDF
3
400K
© 2015 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Document Disconnect
63%Document processes
negatively impact
customer satisfaction *
61%Would change jobs if it
meant reducing admin
tasks **
80%Document-based
processes are at least
partly dependent on
paper *
4 *IDC InfoBrief, sponsored by Adobe, The Document Disconnect, March 2015
** Adobe research, March 2015
© 2015 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.© 2015 Adobe Systems Incorporated. All Rights Reserved. Adobe
Confidential.
Wasn’t digital supposed to be easier for Procurement?
5
Forms
Signatures ApprovalsTrying to get a
contract signed
quickly and your
signer is on a ski lift
and only has a
mobile phoneMaking new vendors
fill out redundant
paper forms that also
require someone to
re-key into back
office systems
AuditsChasing after the entire
organization to make
sure the right people
are signing and are
using the right
agreements
Relying on a fax
machine or email
attachments to get
approvals and
documentation from
vendors
Trying to navigate digital, paper and simply get work
done
Procurement professionals within the
organization
© 2015 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
E-signing Anywhere
for Everyone
6
Simple, Intuitive and
Integrated ToolsWork
Anywhere
Bridging the gap in existing document processes
© 2015 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
The Life of a Document within Procurement…
Starring:
Conrad Smith
Role:
Procurement Manager
Samantha Brown
Role:
Senior Buyer
Doug Thompson
Role:
Vendor
© 2015 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Review
SendDraft
Review
Finalize
Sign
Sign
Track Access Reuse
RENEWMANAGESIGNNEGOTIATE
[One year later]
Procurement Manager
Buyer
Vendor
Tools
UsedAdobe
Acrobat DC
© 2015 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
The Rewards of Taking Action
79%Of contracts completed
in 7 days or less
100%Visibility
73%Reduction in contract
completion cycle
9