Technology Magazine October 2024 | Page 60

SYNERTRADE
practices with an intuitive user interface , ensuring the right data is available at the right moment .
“ Second , the introduction of data fabric provides a comprehensive solution that allows CPOs to gather , analyse and present diverse data effortlessly . This data fabric addresses a critical pain point : the time-consuming , manual data handling that currently burdens procurement officers .
“ By automating these processes , we ’ re not just providing a tool ; we ’ re giving CPOs the power to transform raw data into actionable insights , freeing them to focus on strategic decision-making .”
The use of data fabric is also vital for CPOs to fully harness the tool . Olivier adds that leaders are finding their time affected by compliance risk analysis data questions , which he says are “ poisoning ” the day-to-day work of CPOs and their teams .