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foreign thank you very much and yeah Welcome to our session Iamp;#39;m going to talk about autonomous indirect procurement but first of all lotzer next to a procure Tech from Berlin Lotus is actually the fourth highest mountain on our planet no one really knows it because it sits right next to Mount Everest the tallest mountain of our planet and the same is true with tactical spend and indirect spent in a broader sense this is why weamp;#39;re we called our company that way so indirect expand is overlooked still today about 80 percent of the events and also suppliers are broadly associated with indirect spent frustrators requesters are frustrated with the process of current e-procume Solutions the supplier base is exploding constantly and thereamp;#39;s no transparency in the procurement teams thatamp;#39;s what weamp;#39;re changing with Lotsa weamp;#39;re a procurement execution solution that helps you boost your procurement and indirect procurement kpis were embedded i