Traditional procurement suites just aren’t working for you. Historically, Source-to-Contract (S2C) procurement software vendors have imposed a rigid four-step workflow on procurement teams. Nobody likes to be put in a box.
Your team works in silos, preventing agility and collaboration.
You have difficulty prioritizing and distributing sourcing projects among your team based on objective metrics.
You cannot accurately forecast — much less re-forecast — future savings.
You are struggling to re-prioritize your team’s vendor sourcing and contracting work based on unexpected market signals.
Out with the old, in with the new!
To meet today’s procurement challenges, you must invest in a new type of lightweight software.
Sales teams generate top-line revenue thanks to Customer Relationship Management (CRM) software. CRM processes are structured around the notion of a Sales Pipeline. Procurement teams must now work together around an equivalent Sourcing Pipeline:
Constantly prioritize and track sourcing projects individually and as a team
Set clear objectives for your team
Empower your team to take ownership of sourcing projects and to progress them in a transparent manner
Your team needs the most exhaustive set of new sourcing “opportunities” possible at all times — business stakeholder’ requests, contract expiries, etc
Sum up future expected contracted savings in an intuitive pipeline view
See “sourcing pipeline bottlenecks” and reassign projects
Your need software that responds to the realities of your, and your team’s, daily life.
Reshuffle priorities based on factors such as business demands
Gain alignment on objectives with Finance and business stakeholders
Communicate your impact on company bottom line to all stakeholders
You need a solution that serves as the conerstone of your digitization strategy
Covers your essential Source-to-Contract needs while integrating easily with other procurement solutions when you’re ready
Interfaces with the worlds’s leading independent sourcing and finance software solutions
Supports progressive assembly of your tailored Strategic Sourcing system composed of your choice of best-in-class software solutions
No more laborious spreadsheets
Introducing
By organizing Strategic Sourcing processes into an intuitive collaborative Sourcing Pipeline, procurement teams forecast future savings with precision, reliably communicate their impact on the business, and boost share of spend covered by approved contracts.
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