As BP ’ s procurement transformation goes from strength to strength , we speak with Mark Smith and Alex Thomson to discuss the pivotal role that Compass is playing on its enhanced operations
As BP ’ s procurement transformation goes from strength to strength , we speak with Mark Smith and Alex Thomson to discuss the pivotal role that Compass is playing on its enhanced operations
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P rocurement and digital transformation have become intrinsically linked in recent years . While the former has become more central to business operations for organisations around the globe , the latter seeks to disrupt dated strategies and technologies that have become increasingly incompatible with the demands of modern business . The combination of the two delivers profound benefits for organisations that can master such fine alchemy ; offering agility , flexibility , leanness , sustainability and readiness for both business and geopolitical landscapes that are evolving faster than ever before . At BP , the launch of its proprietary Compass platform forms the backbone of procurement transformation within and beyond its Global Business Services ( GBS ) division . The platform , developed with scalability and flexibility in mind , enables integrated , end-toend , digitalised procurement processes . Offering ease of use , visibility , artificial intelligence ( AI ), automated source-to-pay ( S2P ) functions and a portal for external stakeholders , Compass is revolutionising the way procurement operates at BP .