Most organizations do not view their Procurement organization as a strategic asset that adds value to the business. The lack of focus & the tools in this area turns the procurement organization into a transactional nightmare.
iSpace can help turn this functional area into a strategic asset while improving the bottom line and adding value to the business. We can help with strategic sourcing resulting in lower cost of goods and services while reducing operating expense through automation, technology, process improvement and labor arbitrage. In the process of doing this, we can improve controls, increase compliance, improve reporting and free up resources from transactional activities. Our services include
- Sourcing strategy
- Strategy execution
- Contract negotiation & Supplier database management
- Catalogue management
- PO Processing
- Invoice processing
- Spend analysis and reporting
- Compliance management
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