A recent SAP Insider Profile highlighted Intel’s capital supplier payment processes. This process wes hindering the business’s ability to procure and pay for equipment quickly and take advantage of the prompt payment discounts available – only capturing roughly 50% of the available discounts. After implementing an event management application, the discount capture rate has increased to 95%, exceeding corporate goals and resulting in tens of millions of cost savings each year.
At Intel IT, failure is acknowledged as a necessary part of the innovation process.
Insight on how Intel prioritizes IT spending
Employing controls to maintain security
Methodology for shifting from org-based model
Divising the migration process in critical areas
Intel CIO’s priorities for accelerating Intel’s growth