A procurement "savings delivery" blueprint
Data-driven analytical solutions driven by the direct observation of the achievements of customers’ efforts to transform the way they procure goods and services. Combining the Savings Opportunity Assessment, the 10 Point Plan and the Observatory's SPEND & CONTRACT ANALYTICS functionality will deliver a pragmatic procurement "savings delivery" blueprint as well as the methods and tools required to support effective execution of your action plan.
1. Invoice Consolidation
Reduce the administrative cost of processing an unnecessarily large number of invoices from the same supplier.
3. Payment Recovery
Review, identify, validate and recover a range of payment anomalies which typically go undetected by conventional pre and post payment controls in the accounts payable process.
5. Category Extension
Increase competitive tension by introducing new suppliers in those categories where there are fewer suppliers than the average for the sector.
7. Compliance, Contracted Suppliers
Redirect spend from non-contracted suppliers in those categories that already have one or more suppliers governed by a formal contract and reducing "maverick spend".
9. Price Variance
Purchase goods and services at the lowest price where a supplier has sold the same goods or services at different price points across time, departments and / or multiple public sector bodies.