Proacure helps with Cost transformation for increased profitability and growth. Companies spend more than 50% of their revenues on external suppliers to procure goods and services like raw materials, IT, marketing, facilities, office suppliers, packaging, transportation, travel & expense, etc. Therefore, it is necessary to optimize external spend to achieve Savings. Our expertise lies in providing cost savings on direct/indirect categories through Strategic Sourcing and optimal contract negotiations with suppliers. 1. Spend Analytics - Proacure Solution leverages AI & Human Intelligence to enable a 100% Visibility with 99% accuracy for actionable insights. Enrich the data with supplier ratings, certifications, and parent-child trees for a 360-degree view. The deliverable is a data-driven Strategic Sourcing plan for increased Savings opportunity. 2. Digital Sourcing RFx - We leverage Digital+Data to run Predictive Sourcing events and collaborate with suppliers to negotiate optimal contracts. The deliverables are 7-30% guaranteed Savings with enhanced Compliance. 3. Tail Spend - Our engine categorizes P-card & Tail spend to aggregate with contracted spend, rationalize vendors 40-50% and discover hidden savings 5-20%. Understand requisition patterns, segment the tail and carve out a strategy for Long tail sourcing. The buy-desk helps with low dollar purchases towards a happy stakeholder experience. We help with tactical tasks like contract lifecycle management, supplier discovery & onboarding, etc.The team consists of US-based ex-McKinsey, BCG, GE subject matter experts with analytics/tactical tasks executed from the India delivery center.Learn More about us:www.proacure.com

Procurement analytics strategic sourcing Spend Analysis Category Planning eRFx Contract Management Data Science Big Data Data Analytics Business intelligence Shared Services Global business services Cognitive procurement Big Data Analytics Spend Analytics Opportunity Assessment Big Data Machine Learning & Artificial Intelligence in Procurement Center of Excellence Tail spend Mangement Strategic sourcing & Category Management Contract Digitization Supplier Scorecard & Metrics Supplier Relations Procure to Pay Logistics &Trade Compliance Digital Procurement RPA Automation Zero-based budgeting Spend Hypercube Spend categorization Spend baseline Spend better P-card/Tail spend analytics P2P automation RPA + AI = Intelligent Automation Catalogs Requisition analytics Supplier chatbot help-desk Vendor master data Contract analytics supplier management Support to S2P platform implementation providers Shared services set-up S2P Tool Implementation support Delivery Services Contract lifecycle management Supplier enablement Catalog management Shared Services set up for P2P invoice to pay Spend Analytics & Visualization Spend Cube & Baseline Sourcing Analytics Predictive & Prescriptive Category analytics Tail Spend/P-card analytics Spend & S2P Tool Adoption Offshore Sourcing Help-desk Spend Analytics & Visualization Spend Cube & Baseline Predictive & Prescriptive Category analytics Spend & S2P Tool Adoption