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🇳🇬 Nigeria /Technology

‘Organisations Need Data to Drive Digital Procurement Process’

From ThisDay · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • Stakeholders at the Digital Procurement Africa (DPA) summit stressed the critical need for data generation in supply chains to scale digital procurement.
  • They emphasized that data enhances accuracy and supports better decision-making for organizational growth.
  • Gloopro presented its Procurement-as-a-Service (PaaS) solution designed to address challenges like tail-spend and minimize operational costs.

Experts at the Digital Procurement Africa (DPA) summit, powered by Gloopro, highlighted the essential role of data in advancing digital procurement processes across Africa. They asserted that generating data throughout the channel and distribution value chain is crucial for scaling digital procurement effectively.

So you’ve heard generally from the conversations across different panels at the DPA summit, and how tail-spend can be a challenge in digital procurement. Our PaaS solution sits as a platform where organisations can outsource their internal functions to.

— Dr. Olumide OlusanyaFounder and CEO of Gloopro, explaining the company's solution at the DPA summit.

According to the stakeholders, robust data generation improves accuracy and facilitates superior decision-making, enabling organizations to achieve rapid growth. These discussions took place at the 2026 DPA summit in Lagos. The consensus was that data is fundamental to optimizing procurement operations in the digital age.

Dr. Olumide Olusanya, Founder and CEO of Gloopro, delivered a keynote address emphasizing the urgency for large enterprises to accelerate digital procurement adoption. He introduced Gloopro's Procurement-as-a-Service (PaaS) solution, which he stated addresses numerous challenges hindering digital procurement, including those related to tail-spend.

So instead of having a need to hire people to do various jobs in procurement, organisations can leverage on PaaS solution for business growth and profitability.

— Dr. Olumide OlusanyaFounder and CEO of Gloopro, detailing the benefits of the PaaS solution.

"Our PaaS solution sits as a platform where organisations can outsource their internal functions to," Olusanya explained. "So instead of having a need to hire people to do various jobs in procurement, organisations can leverage on PaaS solution for business growth and profitability." He added that the PaaS platform helps minimize operational costs and prevent financial leakages, offering benefits such as lower costs, faster turnaround times, and enhanced business growth and scalability.

PaaS platform allows organisations to be able to minimise cost of operations and block financial leakages in the organisation, because the service comes with a lot of benefits for organisations such as low cost, faster turnaround cycle, and business growth and scalability.

— Dr. Olumide OlusanyaFounder and CEO of Gloopro, elaborating on the advantages of the PaaS platform.
DistantNews Editorial

Originally published by ThisDay. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.