News Summary

• Small and medium-sized businesses (SMBs) face mounting pressure to do more with less.
• For many SMBs, the larger cost may not be what they buy, but the time spent buying it.
• Walmart Business Senior Vice President and General Manager Ashley Hubka: “A lot of this time is hidden.” Every minute employees spend navigating vendor portals, placing orders or tracking down purchase information is time that cannot be spent on customers, employees or growth initiatives.
• As businesses gain better visibility into purchasing patterns, many are turning to automation to eliminate repetitive work.