Megatrends like circular economy, sustainability as well as catching customer expectations in seconds are strong drivers of change in procurement and increase its strategic influence and value contribution within a company. It is a great opportunity for chief procurement officers to transform their operating model to become a facilitator within their companies by providing new automated services, spend intelligence, and an innovative supplier ecosystem.

We deliver for our clients whether that is helping leverage digital technologies across the end-to-end Source-to-Pay value chain or supporting transformation projects to unlock efficiencies and value. Along with advanced analytics, we support our clients drive smarter, more strategic business decisions that contribute to growth and innovation through genuine insight from data.

The next level of procurement is characterised by complete automation of operational tasks in Procure-to-Pay and a data-driven approach for Source-to-Contract by considering new innovative business models together with the supplier ecosystem.

BearingPoint service offerings are innovative, connected, digital, and with purpose. 

We develop targeted approaches for our clients to meet their requirements through this exciting business transformation journey:

Digital strategy & maturity assessment

Assess your digital maturity with the help of process mining to define a value-driven digital roadmap with the target to achieve the next level of sourcing and procurement. A quick assessment can be found here.

Next level operating model

Orchestrate a flexible and resilient procurement organisation with the help of buying channels, agile operating model components, and business model innovation to transform procurement to the next level. This will include visibility of challenges from a procurement perspective to allow for a more resilient supply chain.

Data driven and automated source-to-pay

Achieve a simplified and smart end-to-end source-to-pay process and easy to use purchasing tools to leverage to create more effective sourcing and contracting, efficient buying processes and simplifying invoice payment processes. We recognise the importance of selecting the right technology platform for your business to enable the best outcomes. Additionally, we don’t underestimate the importance of having the right processes to support the system whilst also ensuring we bring people on the journey.

Seamless collaboration in the supply network

Leverage digital enablers of cloud platforms like SAP Digital Supply Network, Coupa and Jaggaer to work seamlessly with your suppliers and share demand forecasts, sourcing and contracting, exchange POs, invoicing automation and proactive risk management.

Contingent labour and workforce solution

We have a methodology and approach for supporting organisations understand contingent labour spend. Comengy is a solution that supports clients to manage contingent labour workforce with spend approvals, timecard management and agency payments. This is delivered through our collaboration with a best-in-class contractor management system, utilising enhanced SAP integration features and global implementation & support services from BearingPoint.

Procurement Analytics

We provide meaningful insights through dedicated procurement analytics. Using client data, we cleanse, harmonise and visualise so that clients can highlight trends and identify opportunities to optimise cost through detailed category strategies, ensure greater compliance and manage supplier relationships effectively. We also enhance insights using external market intelligence to define and track smart savings as well as providing KPIs for performance management.

Cost Optimisation

We support our clients ensure strategic cost optimisation delivers on costs and growth concurrently. Our in-house category specialists combined with structured methodology and detailed analytics uncover opportunities to drive greater value. From here we then provide guidance and delivery support to maximise savings, supporting our clients be more effective and efficient through the use of BearingPoint tools and techniques.

Business partner innovation and management

Innovate with your supplier ecosystem to reduce time to market. Supplier ecosystem management covers all aspects of improvement throughout the purchasing cycle including supplier mix, new suppliers/start-ups, supplier development, supplier performance measurement by also considering master data and market intelligence services to improve performance, reduce risk, and drive alignment with company targets.

Sustainability and responsible procurement

Learn and develop how procurement should support and drive more sustainable business models by leveraging leading practices of the circular economy by also reducing the carbon footprint in the supplier portfolio. Visit our wider sustainability offering to find out more.

Our strong alliance network with SAP Ariba, Coupa, and Jaggaer helps us to advise on technology trends, IT- architecture, and IT-Design by also having implementation and global rollout capabilities.

All these trends impact the value chain of every industry, urging procurement organizations to adapt, transform and increase attention on the growing complexity of supplier networks, continuously assessing risks and scouting for innovations.

The BearingPoint team will perform your quick assessment to benchmark your digital maturity with your peers or get in contact now to discuss how we could help you.

Would you like more information?

If you want to get more information about this subject please get in touch with our experts who would be pleased to hear from you.