Enable procurement processes with cloud-based technology to improve transparency, optimize spend and reduce costs.
Harmonize procurement processes, improve spend transparency, optimize spend and, ultimately, reduce costs with Conduent Procurement Solutions. Whether you manage your procurement processes functionally or as an end-to-end global Invoice-to-Pay process we’ve combined innovation, and sourcing and finance expertise to create flexible Invoice-to-Pay solutions that optimizes your global operations and delivers results.
Indirect costs are incurred throughout the business life cycle and typically constitute 30% to 60% of an organization’s spend. Spend transparency, spend optimization, product and service quality and supply chain risk mitigation are the key goals of all procurement groups. However, doing more with less resources is a key challenge for today’s organizations. Forcing attention and coverage on direct spend and major indirect spend categories but leaves value leakage opportunities with many other indirect spend categories. Maverick spend compromises strategic supplier relationships, volume discounts and can introduce supply chain risk. As well as, every additional dollar spent unnecessarily on indirect goods and services is simply lost profit for the company.
Accelerated sourcing cycle times, the need for improved vendor management, and increased spend visibility and analytics requires technology that works for both your company and your suppliers. Eliminating paper documents and adopting best practices like supplier networks to digitize the supply chain is a key success factor for leading procurement organizations.
With our deep procurement and finance expertise, and next generation technology we provide Procurement services across the whole Source-to-Pay business process. Our services include:
Spend Optimization Services
- Spend Analytics
- Contract Negotiations & Management
- Category Management
- Supplier Management
- Vendor Enrollment & Setup
- Catalog Management
- Spot Buys
- Purchase Order Processing
With our deep finance expertise and our Invoice-to-Pay services we can help your organization manage the end-to-end Source-to-Pay business process.
- Procurement Organizational Strategy & Assessment
- Business Process Assessment and Transformation
- Benchmarking Services
- Continuous Improvement/Lean Six Sigma (LSS) Services
- Robotic Process Automation (RPA) Deployment Services
- Business Case Development Services
- Analytics Solutions
- Risk Management Services
- Program & Project Management (PMO) Services