We all are led to believe that Automation will change how businesses work. Most businesses have not started to integrate their internal processes. By starting with correctly integration and adding the correct tools, business can make a significant improvement to their bottom line.

Below are 10 great ways to start the Automation journey.

• Impact: Integrated procurement can provide an accurate forecast of project costs by offering real-time insights into all ongoing expenses, which helps ensure projects stay within budget.
• Statistic: According to the Hackett Group, companies that utilise real-time budget tracking see a 15-20% reduction in project budget overruns.

• Impact: Integrated procurement processes contribute to a faster ROI on project investments, as operational costs are reduced, and projects are completed sooner.
• Statistic: Deloitte’s research reveals that companies implementing integrated procurement systems achieve a 20-30% ROI within the first year, due to savings in labour, time, and error reduction.

• Impact: When procurement data is streamlined, discrepancies with suppliers—like mismatches in invoices, orders, and GRNs—are minimised. This leads to fewer disputes and faster resolutions.
• Statistic: Levvel Research found that automated matching between orders, deliveries, and invoices reduces supplier disputes by 35-40%, minimising project disruptions and associated costs.

• Impact: Automation and integration allow teams to focus on higher-value activities, such as project planning and vendor management, rather than handling manual data entry and reconciliations.
• Statistic: Studies show that companies automating procurement processes see a 20-25% boost in workforce productivity, allowing teams to handle more projects with the same headcount.

• Impact: Integrated systems provide transparency into payment cycles and order statuses, leading to stronger, more collaborative relationships with suppliers and greater reliability of materials delivery.
• Statistic: The Institute for Supply Management reports a 30% improvement in supplier satisfaction among companies that use transparent and integrated procurement systems, which can result in better pricing and priority access to scarce resources.

• Impact: Construction firms face stringent compliance standards. Integrated procurement keeps accurate, detailed records of all transactions, which is invaluable for audits and regulatory checks.
• Statistic: Businesses using integrated systems report a 40% reduction in compliance costs, according to Ardent Partners, due to simplified audit preparation and reduced regulatory risk.

• Impact: An integrated procurement system generates valuable data insights that can be used for strategic planning. CEOs can leverage data to make informed decisions on vendor selection, material sourcing, and cost forecasting.
• Statistic: McKinsey found that data-driven companies are twice as likely to be in the top quartile of financial performance in their industry.

• Impact: Real-time insights into project needs help optimise inventory levels, reducing storage costs and the risk of material shortages that could delay projects.
• Statistic: Research by Deloitte suggests that integrated demand forecasting can decrease inventory carrying costs by 10-15%.

• Impact: Accurate, real-time tracking of invoices, approvals, and payments enables better cash flow management, essential for large projects with long timelines.
• Statistic: According to the CFO Survey, companies using integrated financial tracking report a 20-30% improvement in cash flow predictability, allowing for more strategic investments in growth.

• Impact: As companies grow, managing multiple sites and projects becomes complex. Integrated systems support scalability by centralising data and processes across all projects, facilitating seamless oversight and control.
• Statistic: Businesses using centralised, scalable systems are 35% more efficient in multi-site management, according to a report by PwC, enhancing profitability and enabling rapid growth.

These benefits and statistics demonstrate that integrating procurement processes isn’t just about operational improvements—it’s a strategic investment that can drive financial performance, risk reduction, and competitive advantage across the construction business.

At Systematics, we develop custom expense management systems that integrate with systems and deliver perfect fit for your business. Have you automated your expense management process yet? What hurdles have you faced? Let’s discuss in the comments.