P2P Center of Excellence
In today’s business environment where technology enables significant efficiencies in the supply chain, it has become more important than ever to measure, quantify and reduce spend on organizational procurement and the with the supply chain. ERP companies like Oracle and SAP have been providing the tools for years to help companies do just this but according a 2012 survey by KPMG:
“Only 4% of respondents claimed to have achieved ‘excellence’ in strategic sourcing and category management for direct spend.”
–The Power of Procurement, KPMG, 2012
Procurement and supply chain excellence is a long process. Implementing an ERP system in the hopes that it gets you there immediately often leads to disappointment. In ERP implementations, scope must often be cut to meet project deadlines, leading to an inevitable “Phase II”, which never happens. More importantly, the metrics and change management necessary to identify and implement true cost savings and increase vendor and internal customer satisfaction are often not known at the inception of an ERP system. Only upon gathering a sufficient quantity of reliable data, spending time on contract analysis and actively managing organizational change can you truly be empowered to reach procurement and supply chain excellence.
NProdigy can help you evaluate your current application portfolio and provide a roadmap to your success. We are experts in the implementation of e-Procurement solutions, supplier portal implementations and contact compliance.
Where are you?
NProdigy has a particular Center of Excellence in Procure-to-Pay (P2P) and Supply Chain Management business processes. We stay on the cutting edge of today’s technologies and help our customers keep up with the demands of today’s evolving technologies, regulatory requirements and e-commerce environments.
- Contract Management
- Electronic Settlement
- Supplier On-boarding
- Supplier Self-service Portal
- Supplier Ratings
- Directing Spend
- Contract Compliance