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  "documentTitle": "The Future of Procurement: Why is Technology Lagging Behind?",
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      "text": "When it comes to technology, procurement can order its own future—and would be wise to do so. Otherwise, the future will order what it wants, and there will be no returns or guarantees.",
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      "text": "When it comes to technology, procurement can order its own future—and would be wise to do so. Otherwise, the future will order what it wants, and there will be no returns or guarantees.",
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      "text": "Taking this path usually requires a couple of years and incurs expenditures in the seven figures. It is also a single-shot decision, where the business is committed to a specific technology for another generation or so.",
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      "text": "The authors wish to thank Simon Horner-Long and Prasad Poruri for their valuable contributions to this paper.",
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      "text": "The second option is to do a like-for-like replacement and keep the existing system while adopting individual best-of-breed solutions. This is the least disruptive path. One major global client that we are working with is taking this route...",
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      "text": "The third option is to embrace the new architecture at the outset and work to adopt currently available individual solutions, updating them as they evolve. The third route lets companies enjoy the benefits of being a first mover...",
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