I run a small team, and I wonder if procurement dashboards are overkill for us. Does it make sense to invest in these tools when we’re already managing our processes manually? What advantages could dashboards bring to smaller teams like ours?
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Dashboards are often scalable, so they can fit the needs of small teams without being overwhelming. They help centralize information, making it easier to spot inefficiencies or areas for improvement. If you’re interested in learning more, there’s a post that goes into detail about their benefits. Small teams often find that dashboards reduce manual errors and save time, which can be redirected to more impactful activities. They also provide the kind of transparency that’s helpful when dealing with stakeholders or suppliers.