Data Essential for Digital Procurement, Says Gloopro CEO

At the DPA summit held in Lagos, Dr. Olumid Olusanya, founder and CEO of Gloopro, delivered a keynote presentation stressing the importance of data generation for organizations to effectively scale their digital procurement processes.

He stated that accurate data would support better decision-making and enhance operational speed. Olusanya addressed the challenges associated with tail spend in digital procurement and proposed that Gloopro's PaaS solutions could help organizations overcome these hurdles.

He noted that instead of hiring various personnel for procurement tasks, organizations could outsource these functions, allowing them to minimize operational costs and financial leakages. The PaaS platform is designed to facilitate business growth and profitability while ensuring faster turnaround cycles.

Olusanya's insights were part of a broader conversation on the need for organizations to accelerate their digital procurement efforts in the current digital era.