Sourcing & Procurement Transformation
Protiviti’s experts help organisations identify opportunities, design, and implement best-in-class sourcing and procurement solutions
In today’s ever-changing and complex business environment, sourcing and procurement play an increasingly critical role in enabling operations, supporting growth and sustainability, managing risk and resilience, and reducing costs. Successful sourcing and procurement functions address today’s needs and have the foresight to plan for tomorrow’s challenges and opportunities. To do this, leaders need to see and understand the inefficiencies, opportunities, and best-in-class solutions that exist throughout the entire procurement lifecycle: Strategic Planning, Spend Analysis and Strategic Sourcing, Contract Lifecycle Management, Procure to Pay, Supplier Lifecycle Management, and Category Management.
Our professionals excel at helping organisations understand current opportunities while looking ahead to understand what is coming next. The result is a trusted partner with shared guiding principles to help your organisation maximise profitability and resilience.
Guiding principles:
- Customer-centric
- Risk protection and resilience
- Spend management
- Agility
- Innovation
- Decision support
- Delivered value
Our Sourcing and Procurement consulting services
Business Operations
Protiviti transforms your business through our three-pronged approach of focusing on People, Processes, and Technology to identify opportunities to build intelligent operating models that drive sustainable long-term growth.
ProView
ProView provides clients with visibility to improve cash and working capital management, process effectiveness, and control performance across both order-to-cash and procure-to-pay activities.
In today’s ever-changing and complex business environment, sourcing and procurement play an increasingly critical role
Our approach
Using our proven methodology, data and analytics, and collaborative approach, our team of experts help transform procurement departments to lead organisations in driving innovation and generating real value with bottom-line results.
Sourcing & Category Management
Our experts help companies ensure that value from sourcing activities does not erode over time, leaving significant value opportunities unrealised. Protiviti helps clients create category plans and strategies that align with business objectives, financial goals and optimise long term planning. We focus on:
- Spend Visibility
- Cost Savings
- Category Insights & Strategies
- Resilience & Risk Management
Procurement Transformation
We help our clients optimise the entire procurement cycle to maximise efficiency and value while minimising risk. Our procurement transformation experts help maintain visibility and control over the end-to-end processes and related systems while improving the internal stakeholder experience. We do this through:
- Transactional Discipline
- Process Automation & Operational Efficiency
- Data Integrity, Analytics & Reporting
- Policy & Spend Compliance
Contract Lifecycle Management
Enabling enterprise-wide Contract Lifecycle Management (CLM) capabilities to provide efficiency, risk management, and visibility of obligations across both buy-side and sell-side agreements. Protiviti provides organisations with the methodology, knowledge, and experience to improve the entire contracting lifecycle. We help our clients increase efficiency, contract compliance, and revenue while mitigating risk and reducing cycle times, administrative costs, and external spend.
- Operational Efficiency & Technology Enablement
- Contract Compliance & Risk Mitigation
- Analytics, Searching & Reporting
Supplier Lifecycle Management & Third-Party Risk Management
Combining thought leadership and expertise across sourcing and procurement, operations, regulatory, compliance, risk, and security and privacy in our Third-Party Management (TPRM) Center of Excellence, Protiviti has assisted organisations of all sizes and across industries in the assessment, design, and implementation of leading vendor/third party management programmes across the vendor lifecycle:
- Visibility of Risk Exposure
- Segmented/Tiered Supplier Listing
- Active Supplier Oversight & Monitoring
- Regulatory Compliance
In today’s ever-changing and complex business environment, sourcing and procurement play an increasingly critical role