At Infosys, we have been helping procurement leaders in their transformation journey with a holistic approach across data, intelligence and opportunity-driven procurement support. We bring together decades of procurement experience from Infosys BPM’s Procurement Centre of Excellence and cutting edge technology capabilities of ProcureEdge, to create the next generation of the Cognitive, Connected Procurement across your S2P Lifecycle.
With ready-to-deploy AI/ML solution, intuitive user journeys and curated improvement opportunities, we bring the power of intelligent transformation into your control.
What a CPO needs today is a powerful tool that helps him view the performance of his function, enables better decision-making, and provides critical insights to drive higher engagement with execution committees.
Visibility – 100% | Productivity Gain– 50% | Savings opportunities – 5%
For new products and R&D, your sourcing and procurement experts need intelligence and research support to identify new suppliers and materials. This needs to be based on demand, market regulations, supplier capabilities, and ensure you align with your social and sustainable procurement goals.
Productivity Gain– 30% | Savings opportunities – 5% | 15-30% Brand Value Increase
Your bottom line shouldn’t be lagging savings goals. You need to identify savings as per your goals, so how do you achieve accurate spend classification to build spend visibility, leading to the identification of value-building opportunities?
5% additional Savings opportunities | Visibility – 100% | Accuracy -100%
Category Managers need to stay on top of market trends driving respective categories, have relevant information available to focus on building strategy instead of sifting through multiple reports. They also need to connect external/market information with internal data to derive relevant insights.
Long term savings – up to 5% | Productivity gain – 50%
Procurement needs to get smarter to meet with the increasing expectations of its key stakeholders, including business buyers and corporate requisitioners. They should benefit from a smart, easy, and empowered buying experience to help improve satisfaction as well as ensure compliance with the right ways of buying.
Compliance>98% | CSAT 4.5 out of 5 | Reduced spend leakage & increased realized saving %
The COVID-19 pandemic has impacted businesses across the globe. In today’s scenario, contractual risks and compliance is a critical area affecting customers. How do you ensure pro-active contract compliance, protect yourself against the risk of non-performance?
How do you link contract SLAs to actual performance to ensure business continuity as well as address red flags from audits for non-compliant buying?
Leakage Avoidance – 30-40% | Increase in Compliance – 15-25%
How difficult is it to have single visibility of data? How is the problem compounded when we do not have correct data classification — how leveraging the power of analytics — spend visibility is enhanced to enable impactful decisions, buy better, and improve savings.
Date Quality improvement : 45% I Data visibility: >95% | Additional savings : up to 5%