Achieve automation and greater visibility.
Smart Procurement
Deliver procurement value using a consulting-driven approach to enable process automation, strategic sourcing, spend optimization, supplier diversification, real-time collaboration and contract governance.
Challenges
Key Challenges Reported by Procurement Leaders
65
No Visibility Beyond Tier 1 Suppliers
55
Lack Insight into Supplier Performance
49
Do Not Have Adequate Internal Talent
48
Underutilizing Digital Technologies
48
Think Current Value Measures are Irrelevant
Offerings
Smart procurement drives procurement excellence in the core tenets of people, process and technology by working with senior business leadership to develop a strategy that is holistic in its vision and approach, thus creating a connected technology ecosystem that drives automation, delivers timely and relevant insights, optimizes costs, and enhances supplier relationships.
Management Consulting
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Procurement Strategy and CPO Advisory
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Spend Assessment and Strategic Sourcing
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Category Strategy and Management
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Enterprise Cost Takeout and Value Engineering
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Supplier Risk and Diversity Management
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P2P Needs Assessment and Tool Selection
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Change Management
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Interim Roles and Staff Augmentation
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M&A Operational Integration
BPO / PaaS
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Business Process Outsourcing (BPO)
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Procurement as a Service (PaaS)
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Procurement Process Assessment
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Process Digitalization and Optimization
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Support for End Users and Suppliers
Digital Systems
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Digital Supplier Network
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Supplier Management
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Strategic Sourcing
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Contract Governance
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Invoice Management
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Supply Chain Collaboration
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Transactional Data Digitization
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Cognitive Automation
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ERP Integrations
Analytics & Insights
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Procurement Diagnostics
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Process and Spend Optimization
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Spend Analytics
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AI-Guided Buying
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Supplier Risk Management
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Commodities Risk Management
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Fraud Detection
Benefits
Our Smart Procurement Solutions Drive Measurable Business Value
100
Visibility into Spend
80
Faster Supplier Onboarding
65
Increase in Automation
60
Reduction in P2P Cycle Time
20
Procurement Cost Savings
Accelerators
Through our proprietary, customized accelerators, we empower enterprises to leverage cutting-edge technologies to sense risk, digitize transactions, improve supplier collaboration and accelerate technology deployments.
SENSE.AI
Early warning system assesses potential opportunities and risks, evaluates impacts, and enables a timely response.
Early warning system assesses potential opportunities and risks, evaluates impacts, and enables a timely response.
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Warnings for weather, regulatory changes, sanctions, tariffs, etc.
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Delay predictions and value-at-risk estimations for shipments.
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Benchmarking and scenario analysis from 100,000+ events.
DOC.AI
Extract information from unstructured transactional documents using OCR and reduce manual work ten-fold.
Extract information from unstructured transactional documents using OCR and reduce manual work ten-fold.
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Automatically extract key data fields with OCR/AI algorithms.
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Quick document handling with higher degree of data accuracy.
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Transfer extracted data into digital systems and workflows.
PROCURE.AI
Leverage real-time market intelligence and forecasting recommendations to support procurement decisions.
Leverage real-time market intelligence and forecasting recommendations to support procurement decisions.
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Commodity pricing (current and forecast) and market events.
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Supplier contracts impacted by events and pricing fluctuations.
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Key supply/demand locations and export/import countries.
Load More
Partners
Stay ahead of the curve and gain added value by tapping into our strong partner ecosystem and integration engineering expertise.
Insights & Resources
Explore these resources to learn more about our smart procurement solutions.
Blog
Revolutionizing Procurement: Lean Strategies for Sustainable Success
Adopting lean strategies and focusing on customer value transforms procurement for lasting success.
Blog
How GenAI is Revolutionizing Sourcing and Procurement
Leveraging GenAI in your procurement function can drive process automation, enhanced supplier collaboration, cost reduction and better decision-making.
Videos
Spend Analytics – Gain Insights and Discover Hidden Savings
Our spend analytics solution provides procurement managers with the ability to derive meaningful and ready-made business insights from spend data.
White Papers
6 Critical Focus Areas for Procurement Success
Drawing from our extensive experience working with a range of organizations, we have identified six critical focus areas for procurement to achieve success.
Videos
Ensure Procurement Success in 2023 with these 3 Strategies
Optimize costs, secure supply, digitize and automate processes. This broadcast delivers real-world insights that you can apply to your procurement ops now.
Blog
Spend Analytics – There’s a Better Way
Gone are the days of manual spend data extraction and analysis. Procurement leaders must arm buyers with insights that enable timely, informed decisions.
Case Studies
Leading Edtech Company Boosts Win Rates in Key US School Districts by 40%
New software architecture roadmap and cloud-native solutions helped an edtech company redefine their user experience by solving data and platform problems.
Case Studies
Data Warehousing and Spend Optimization Position Auto Manufacturer to Save Millions
Data consolidation and enrichment and new dashboards are enabling predictive analytics and arming the company with unprecedented visibility into spend.
White Papers
Buddy Buyer Services – Drive Rapid User Adoption
Through eSourcing-as-a-Service, users can get the support they need to rapidly adapt to their new procurement system and achieve operational excellence.
