Industry
Real Estate
Region: United States of America
Summary
A leading housing agency automated their multi-billion dollar procurement processes such as corporate solicitation, requisition, purchasing and payable functions for goods and services with enterprise resource planning extensions through scalable, configurable, measurable and workflow-based architecture and modern integrations with huge operational savings in labor, cost and time.
Objectives and Challenges
- Objectives: Implement automated comprehensive procurement functions through enterprise resource planning applications extensions
- Challenges: Multi-tenant integrations with suppliers and vendors; extensive discount and volume vendor-tiers; complex matching and electronic receipt processes; multiple payment methods, banking counterparties and settlements; diversity programs driven procurement; multiple integrations with recurring purchases on goods and services; complex onboarding IT services programs
Results
- Progressive release on procurement functions and reporting automation with extensive document management automation and workflows
- Scalable architecture on procurement function for multi-billion-dollar cradle-to-grave purchase program management with total transparency
- Roles-based application authorization across the corporate procurement functions with department level and procurement type level security
- Streamlined Return-To-Vendor (RTV) and supplier credit management for post procurement functions
- Implemented workbench approach for goods and services procurement
Benefits
- 12% cost savings and 15% faster end-to-end services procurement
- 10% cost savings and 20% faster on recurring goods and office supplies procurement through auto-sourcing and price/volume limits
- Metrics and measurements through procurement workbench, dashboards and reports across corporate procurement KPIs
- Centralized procurement policy driven document repository
- Standardized compliance reporting with actionable insights
- Electronic data exchange across technology suppliers and inventory
Products and Technology
- PeopleSoft FSCM and HCM
- HP Quality Center
- Microsoft Office Products
- Adobe
- Java
- JavaScript
- XML Publisher
- Oracle
- EDI
- Documentum