Procurement & Cost Transformation
Drive cost management and process efficiencies for sustainable value and results
As CEOs, CFOs, and CPOs in challenging environments seek bottom-line improvements through workforce and third-party cost reduction, they require accelerated digital roadmaps to respond to threats, generate rapid savings, and maintain supply chain security. We deliver the technologies, data insights, process architectures, and talent to build holistic, collaborative transformation programs for durable hard-dollar savings across all spend categories and functions.
Create future financial value today. Here’s how.
Selling, general, and administrative (SG&A) expenses offer opportunities for 30%+ savings through a variety of proven measures we conduct, such as:
- Benchmarking headcount and costs against competitors
- Analyzing spans, layers, and activities to identify specific savings targets
- Reshaping and resizing the organizational structure with a blank-sheet approach to realize material labor cost savings
- Zero-basing and/or optimizing discretionary spend like travel, subscriptions, or advertising
Companies without adequate transparency into their third-party vendor spend don’t see expected savings reach the bottom line. By appropriately categorizing and rationalizing spend, we provide clean data that empowers faster, better-informed decision-making across the organization, which subsequently generates insights into cost reduction opportunities by:
- Developing and analyzing a spend cube across business units, regions, products, and more
- Conducting contract reviews and stakeholder alignment sessions to identify opportunities
- Classifying spend and developing a new taxonomy to organize for the future
- Summarizing cost savings opportunities and building those opportunities into a prioritized savings roadmap
For maximum efficiencies, risk reduction, and transparency across all spend categories, our strategic sourcing framework aligns your company’s purchasing power and savings opportunities by:
- Developing category and sourcing strategies that enhance sourcing outcomes and quality
- Leveraging proven category experience and tools to conduct market tests through RFx events
- Building negotiation strategies, sourcing methodologies (e.g., survey, RFI, RFP, etc.), and communication plans for suppliers
- Implementing new contracts
- Ensuring compliance and long-term savings achievement
To ensure savings are fully realized and compounded into continuous opportunities, we transform the procurement function operating model, delivering greater enterprise agility and future fitness. This is done through:
- Designing a Source-to-Pay functional and technical process architecture
- Sizing and structuring the procurement function
- Building and optimizing your delivery model
- Standing up and/or optimizing the procurement function holistically, including roles and responsibilities, category strategies, processes and policies, KPIs, and more
- Building a digital procurement strategy and execution roadmap
- Benchmarking and maturity modeling to establish goals and procurement roadmap initiatives
Automation opportunities exist throughout key business processes, yet the ability to integrate automation remains a hurdle for many organizations. Using tools like Alteryx and UiPath, our data analysts, developers, and engineers enable you to eliminate wasteful activities, digitize and automate workflows, and integrate data for real-time analysis and reporting in areas such as:
- Record to Report
- Order to Cash
- Procure to Pay
- Hire to Retire
We also train your teams on how to use automation tools, allowing you to embed a continuous optimization mindset within your company.
Generate a sustainable value advantage through a suite of expert solutions to real-world challenges.
Grow exponentially through expert M&A integrations.
Operational Accounting & Process Optimization
Continuously improve monthly close, budgeting, and financial analysis.
Build a cross-functional planning and insights engine.
Elevate the OCFO’s value to the organization.
Data Transformation & Analytics
Generate and operationalize intelligent data insights at scale.
Technology Architecture & Strategy
Establish, manage, and optimize a robust integrated systems architecture.
Unlocking real-world value for clients
$18.5 million in cost savings and 3% EBITDA margin improvement for a global travel organization.
How do you create present and future value for your business?
Unlock core business value from a suite of integrated solutions expertly designed for organizations like yours.
Accounting & Risk
Anticipate and respond to complex reporting and regulatory requirements.
Accelerate enterprise performance through people-led digital transformations.
Manage transaction lifecycles for maximum deal value and minimum risk.