What is Procurement Control Tower?

A sourcing and procurement control tower is a data hub that provides centralized real-time visibility of entire procurement activities by seamlessly integrating procurement systems and data across different stakeholders. It is single source of truth based on enterprise practices involved. A sourcing and procurement control tower can be of different types based on the maturity and data inhouse. We can create control towers to create visibility to take actionable insights to decision and scenario analysis to help team take informed decision.