Stop avoiding change . Start embracing it .
Take the compromise out of procurement with KPMG Powered Enterprise | Procurement . Access leading procurement practices already trusted by many organizations around the world .
Change is critical for staying ahead . It is especially so for procurement steeped in old habits that could slow valuable progress .
Imagine if your organization could deliver ...
To transform to a more modern way of working goes beyond technology . It requires a much wider , strategic conversation , recognized at board level . That ’ s achievable with KPMG Powered Procurement , which is a cloudbased transformation approach designed to go beyond simple cost savings , to help you better manage internal and external ecosystems , as well as the networks and alliances that add value .
99 %
60 % of invoices received electronically – within two months of go live 1
reduction in invoice processing from 20 days to 8 2
Stop planning for today . Start getting future-ready .
US risk management and insurance services company saw the following results . 3
These five steps could help make your procurement transformation a success .
1 . Know what success means
Everyone has a different view of success – whether that ’ s increased efficiency or improved customer experience . It ’ s important to have a common vision of the business outcomes that are wanted .
2 . Flex to political and business change
Procurement is becoming more complex – thanks to greater regulation , political change , and rising consumer expectations . The temptation is to avoid change and simply cut costs . That misses a big opportunity to modernize procurement and use that change to drive business value . x3
45 %
57 % tripled spend under management in first two months
of manual invoicing moved to e-invoicing
of users adopted in first month
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