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For most firms, supply chains now are global and complex. Whilst there have been significant benefits from this, there is also risk – as well as significant cost associated with managing them. Taking control of the supply chains that support your business requires an integrated procurement function that acts with intelligence and insight. The opportunity is there to transform your procurement function into a valuable asset that promotes growth throughout the wider business.

Common challenges that face a modern procurement function include:

  • How do we create an integrated procurement function with a single model and consistent processes globally?
  • How do we maximise the alignment of customer - supply process - technology?
  • How do we drive change and value through richer analytics?
  • How do we reduce risk in the supply chain?
  • How do we help people embrace change and adopt new ways of working?

Choose to extend the role of procurement

We’ve worked with procurement teams around the world to deliver Powered Procurement to help drive transformation to create a more agile operation and save costs. Powered Procurement does this by providing proven operating models based on our know-how, leading practices and a set of pre-defined assets built on top of leading third-party technology solutions.

This creates a platform for procurement designed to enhance performance and optimise cost and risk, which could include:

  • Having a user-centric procurement process that boosts adoption and increases spend under management
  • Higher adoption that in turn leads to increased efficiency, visibility and control
  • Unlocking the potential of supplier-led innovation
  • Cultivating a flexible supplier ecosystem that reduces the risk of pinch-points
  • Unified, agile, procurement processes throughout your organisation
  • Improved reporting, analytics and cognitive learning to support business decisions
  • A sound platform for continuous improvement

Powered Procurement can help your function to deliver:

  • 60 percent reduction in invoice processing times, from 20 days down to 8 days
  • 52 percent increase in first-pass match rate for PO-backed invoices

KPMG Powered Enterprise | Procurement is enabled by market leading platforms, including Coupa, Ivalua, Oracle and SAP.

Find out how Powered Procurement can help you

What’s in the box?

Powered Enterprise provides you with three integrated elements for transformational success. Using our tried and tested operating model, implementation suite of tools and ongoing evolution services you can choose your desired functional outcomes then make them a reality.

Functional transformation across the enterprise

Powered Enterprise Data solutions

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