Top 10 procurement outsourcing consultants
Supply Chain Digital takes a look at the top 10 procurement outsourcing companies, as ranked by Agencyonnet.
10 | IBM
Ranked 2nd on IT Central Station’s list of business procurement software, IBM’s Emptoris suite is “a web-based software application that enables an organisation to optimise the process of procurement and provides state-of-the-art capabilities for analysing and awarding items and services”. It provides advanced analytics capabilities with real-time monitoring in order to improve order management, spot purchase management and content sourcing, according to Agencyonnet.
9 | Accenture
Accenture acquired procurement business solution provider Procurian in 2013 and has since become a “star performer in the field of procurement outsourcing”, according to Agencyonnet. The company’s service focuses on value generation, along with cost reduction through procurement outsourcing. Accenture also specialises in revamping clients’ requisition and invoice processing, along with bringing technologically transformative techniques to supplier performance management.
8 | GEP
GEP’s procurement outsourcing services emphasise the company’s flexibility: “we’ve found that clients don’t have cookie-cutter issues, so we don’t use one when helping them meet their procurement objectives”. Its service promises accelerated time to value, increased spend visibility, improved compliance and transparency, improved user experience, and reductions in operational costs.
7 | Capgemini
With a specialised focus in sourcing Management, order management, reporting, compliance management, reporting, supply chain management consulting and analytics consulting, Capegemini is headquartered in Paris, and employs over 200,000 people. According to Agencyonnet, its solutions are “flexible, sustainable and technologically robust”.
6 | Genpact
Based in New York, Palo Alto, London, Bangalore, Hyderabad, Kolkata, and Delhi, Genpact is a global consulting and professional services firm partnered with several Fortune 500 companies. The company offers “procurement domain expertise, process excellence, and digital technologies to offer transformational consulting and provide business process management services across the source to pay lifecycle”.
5 | Wipro
IT consulting company Wipro provides specialist consultancy services to companies looking to achieve “higher success in sourcing & procurement functions through focused service offering spanning the key domains sourcing, procurement, master data management and platform enablement.” The service includes Spot buys, tail spend management, Taxonomy mapping, data quality service, Compliant buying, automated PO transactions, Workflow, and vertical focused category management.
4 | Pcura
According to Agencyonnet, “Pcura is a leading Procurement Outsourcing Services Provider with capability of providing procurement outsourcing services onshore and offshore basis as demand arises”. With a focus on TCO modelling, contract management, bid optimisation/analysis, price benchmarking and spend analysis & reporting, its consulting focus is geared towards large cost optimisation.
3 | Corbus
Corbus’ procurement solutions service, which it offers separately from downstream supply management consultancy, specialises in managing requisition, delivery, invoicing, transaction, and order to cash operations, with an innovative approach to tail end spend. The company examines and creates solutions to control waste, manage suppliers, and further amplify efficiencies within clients’ purchasing stream, according to the company site
2 | WNS
Headquartered in Mumbai, India, WNS Global Services specialises in business process management. Founded in 1999 in Pune, WNS opened its first delivery centre in the US in 2012, with another opening in 2014 in Pittsburg. According to Agencyonnet, “WNS focuses on tactical steps such as maintaining accurate spend data, optimising payment cycle terms, eliminating errors in invoices help optimise the procure-to-pay cycle”.
1 | Infosys
Indian consulting, technology, and outsourcing company provides end-to-end business solutions that “enable clients to enhance business performance, delivered to customers globally operating in various industry segments”, according to Forbes. Infosys’ procurement consultancy service is centred around assisting clients “minimise their third party spend & optimise procurement operations by doing more with less effort”.