Sourcing & Procurement Transformation
In today’s ever-changing and complex business environment, Sourcing and Procurement organizations, inclusive of Source to Pay (S2P) functions, play an increasingly critical role in enabling operations, supporting growth and sustainability, managing risk and resilience, and reducing costs and working capital. Successful S2P functions address today’s needs and have the foresight to plan for tomorrow’s challenges and opportunities.
Protiviti helps transform procurement functions from a purely transactional activity to a strategic enabler by combining deep expertise across source-to-pay leading practices, business transformation, technology/digital enablement, and industry expertise with our proven approach and methodology, advanced analytics, and our passion for delivery excellence. Our professionals help organizations understand current opportunities while looking ahead to understand what is coming next and designing the necessary capabilities for the future to maximize profitability, cost savings, process efficiency and effectiveness.
Our Sourcing and Procurement Consulting Services
Sourcing & Category Management
Realize cost savings opportunities and ensure value from sourcing activities through effective sourcing and category management. We help create category plans and sourcing strategies that align with business objectives and financial goals to optimize long term benefits.
Procure to Pay
Optimize your entire procurement and accounts payable cycle to maximize control and efficiency while minimizing risk. Our procure to pay experts help organizations transform end-to-end processes and related systems while improving the internal stakeholder experience.
Contract Lifecycle Management
Streamline, automate and manage your enterprise-wide Contract Lifecycle Management process. We help our clients increase efficiency, contract compliance, and revenue while mitigating risk and reducing cycle times, administrative costs, and external spend.
Supplier Lifecycle Management
Take an integrated approach to your supplier lifecycle management to drive efficiencies across the value chain. We assist our clients assess, design, and implement leading supplier management and third-party risk management (TPRM) programs across the supplier lifecycle.
Procurement as a Service
Improve efficiency, effectiveness, and resiliency of your daily operations while managing capacity and internal costs. We blend consulting and operational expertise to deliver solutions for growing backlogs, lack of bandwidth, or skill sets within Sourcing and Procurement.
Protiviti ProView ™
Assess process and control performance, improve cash and working capital management, and find opportunities for cost recovery. ProView utilizes AI based analysis and visualization to quickly identify and isolate P2P transactional improvement opportunities and root causes.
Our Approach
Using our proven methodology, data and analytics, and collaborative approach, our team of experts help transform sourcing and procurement departments to lead organizations in driving innovation and generating real value with bottom-line results through:
- Advanced, proprietary, and value focused process analytics
- Insights through benchmarking and leading practices gap analysis
- Expertise across S2P technology and automation to drive optimization
- Functional expertise to design and deliver sustainable improvement
To drive key business outcomes of:
- Increased stakeholder satisfaction, efficiency, agility and responsiveness
- Value creation through sustained cost reduction, cost recovery, compliance, and improved process performance
- Increased data integrity, visibility and reporting for decision making
- Process and transactional excellence, optimization and automation
- Improved controls, risk management, and compliance through enforced policies, business rules, and security/access
Procurement Operating Model
Protiviti’s Procurement Operation Model can be used as a guidepost as organizations seek to transform the sourcing and procurement functions to maximize value delivered to the Organization.
Leadership
Chris is one of the leaders of the Global Supply Chain & Operations practice and the leader of Protiviti’s Sourcing and Procurement offering. With over twenty years’ experience, Chris has a proven track record of analyzing, improving, and transforming organizations ...
