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Procurement is easy to overlook, an area devoted exclusively to buying things as cheaply as possible. We’re all for saving money, but in today’s digital-first business environment, it’s time to rethink procurement’s role in the organization. With the right tools, procurement can add real business value to any enterprise.
PwC’s Procurement Excellence services include a range of offerings built on the SAP platform, and they’re designed to give your procurement operations a digital kickstart. Our offerings can help you improve collaboration with suppliers, streamline invoicing, and optimize processes – all while giving you real-time insight into how your procurement operations are working.
Our Procurement Excellence service includes four components, and they’re all built to plug in to your existing SAP environment.
Digital S/4 Supplier Portal – Digitize and simplify B2B transactions and collaborate more easily with suppliers by fully integrating your purchase order and invoice operations.
S2P Assessment – Optimize your Source-to-Pay processes and lower overall costs.
Procurement Spend Assessment – Our dashboard gives you new insights into how effectively your procurement operations are running.
Procurement Services Framework with Fieldglass – SAP’s cloud-based Fieldglass offers an advanced vendor management solution.
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The PwC Procurement Excellence suit offers significant, tangible benefits, including:
Go paperless by transmitting all purchase orders and invoices to suppliers electronically, decreasing the need for manual oversight.
Real-time transparency into the PO/invoicing process gets you and your suppliers on the same page when it comes to accounting.
Your suppliers have free access to your Supplier Portal, streamlining the onboarding process.
Built-in benchmarks help you develop a case for change by comparing your organization’s performance against other industry leaders.
Advanced analytics show you where you may be spending too much and suggest ways to save money and improve performance.
Put a damper on unapproved, rogue expenses and gain more control over spending.
All Procurement Excellence modules can be implemented in as little as 4 to 6 weeks.
Partner, PwC US