With Procurement as a Service, Source One takes a truly comprehensive approach to optimizing the function and helping clients generate greater value.
We have been helping companies realize the strategic value of end-to-end spend management since 1992. As advocates for the buying team, we apply procurement best practices to all areas of indirect spend to ensure they’re getting the most out of their budgets. We’re not here to replace your procurement team, rather to supplement your resources and provide additional expertise in areas that might be outside the realm of your core business. Whether you need to gain insight into competitive services agreements, benchmark pricing, negotiate a best-in-class contract in an unfamiliar category, or develop a go-to-market strategy, our spend category experts have you covered. We aim to assimilate into your company’s unique culture and truly address your supply management objectives. Talk to our experts today to learn how we can help you better manage your indirect spend.
Procurement as a Service means a truly comprehensive approach to managing spend and optimizing relationships across the supply chain.
Effectively managing corporate spend means balancing priorities and occupying a cross-functional, strategic role. From analyzing historical purchases to identifying risk factors to promoting continuous improvement, it’s a lot of work for even the most mature organizations to handle. That’s why the market is flooded with so many providers and so-called solutions. P2P platforms, consulting firms, GPO, they all help answer some of Procurement’s questions.
Corcentric’s Source to Pay team is the only organization capable of offering a truly comprehensive solution. Unlike competitors they offer Procurement as a Service to fill in the gaps left by traditional platforms and advisory services alone. From demand through payment, their team of tech-enabled experts support in reaching their goals and making Procurement a valued asset within the organization.
Typically, supporting Procurement from end-to-end would mean engaging a number of providers and optimizing a number of separate relationships. Stitching together relationships with numerous consulting firms, solution providers, GPOs, and BPOs is worse than just inefficient. In many instances, it makes it difficult for Procurement to gain visibility and establish a culture of continuous growth. We simplify things and makes it possible for businesses like yours to do more with less.
Whether you’re struggling to maintain a Procurement department, lack expertise in key categories, or need a technology solution to tie things together, Our Procurement as a Service approach is exactly what you’re looking for. Capable of managing everything from neglected ‘tail spend’ to entire corporate spend profiles, the Procurement as a Service providers have what it takes to help you realize the power of a fully-transformed, fully-strategic Procurement function.
Reach out today to optimize Procurement and drive your business forward.