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Gigabit January 2019

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FANNIE MAE<br />

90<br />

“I think the<br />

key for me is<br />

understanding<br />

business needs<br />

and viewing<br />

things from<br />

the customer’s<br />

perspective”<br />

—<br />

Rajeev Karmacharya,<br />

Managing Director, Strategic Sourcing<br />

and Category Management<br />

Data, machine learning and AI technologies<br />

start to filter into the procurement space.<br />

“We have totally digitized contracts and can<br />

do a lot more with contract authoring and<br />

contract analytics, among others. We have<br />

started to test RPA (robotic process<br />

automation) where it makes sense – and I’ll<br />

be honest: RPA doesn’t always make sense<br />

for smaller scale operations, where there is a<br />

lot more thinking versus doing. From a<br />

business case perspective, the promised<br />

land of true digitization is full collaboration<br />

and transparency that enables harnessing<br />

the full potential of technologies, such as<br />

JANUARY <strong>2019</strong>

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