KPMG LLP has expanded its Powered Enterprise suite of solutions to include KPMG Powered Procurement, which it has showcased at Coupa’s Inspire ’18 event this week.
Dubbed the "future of procurement" KPMG said the solution is helping procurement leaders accelerate time-to-value, deliver cost savings, enhance efficiency and improve compliance through quicker application design, pre-configuration and operating model recommendations.
Built on Coupa Software's cloud-based business spend management platform, KPMG Powered Procurement supports the full source-to-pay process including contracts, inventory, sourcing, and supplier management.
“Procurement leaders need to align to their organization's priorities and be viewed as strategic business advisors, but they are often absorbed with tactical execution,” said Dipan Karumsi, Advisory principal and U.S. Procurement practice leader, KPMG LLP.
“KPMG Powered Procurement combines process, organisation and technology to help the procurement function modernise, prepare for digitalisation and drive strategic value for the organisation.”
Through a strategic alliance, KPMG and Coupa have collaborated on several successful joint customer deployments of KPMG Powered Procurement.
“The close collaboration between KPMG and Coupa gives clients unique access to decades of procurement transformation experience and leading cloud-based technology,” said Roger Goulart, SVP Alliances and Business Development, Coupa.
“KPMG Powered Procurement built on Coupa is a next-generation solution that empowers leaders with the latest data and technology to improve business insights and speed to value.”