The Ledger

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Opinion
ServiceNow Cannot Handle Complex Enterprise Procurement Spend, Says Lilivik
“Yeah, it is, but it's an IT ticketing system. It's never meant to ingest, you know, billions of dollars of procurement spend and, you know, Few 100,000 suppliers and payment terms and all these kinds of things, right?”
Anders Lilivik Feb 22, 2023 ▶ 31:34 They Thought the Equipment Vendor Could Handle the Cash Too
Disclosure
Focal Point Spent One Year and Low $10Ks on Drada Compliance
“So for us, it took us about a year. The service for Drada is it's in the low 10,000 and the audit basically depends on who you pick, right?”
Anders Lilivik Feb 22, 2023 ▶ 18:14 They Thought the Equipment Vendor Could Handle the Cash Too
Disclosure
Lilivik: Focal Point lacks the data scale to deploy AI currently
“Not as of yet. We are, you know, we're crowdsourcing a lot of data. And what we're looking for are trends and patterns that we can sort of say, all right, in, in IT services, or, you know, you picked on Slack, so I'm going to pick on Slack too, right? You can …”
Anders Lilivik Feb 22, 2023 ▶ 36:33 They Thought the Equipment Vendor Could Handle the Cash Too
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