REDUCING COSTS & MITIGATING RISKS

So much has changed within the past few years, with inflation increasing drastically, that businesses are looking at ways to reduce costs and mitigate risks in order to safeguard their businesses through increasing fluctuations of economic turmoil.

Business Challenges
Business Challenges
  • Multiple systems & data – inefficient, fragmented, non-connected processes add risk for buyers and their suppliers.
  • Control over Spend – missing awareness of all spend sources and non-compliant spending.
  • Financial Leakage, bottom line impact and associated business risk - without visibility and control means inefficient end-to-end S2P processing and lost opportunity for cost reduction, improved profitability and risk mitigation
Value Proposition
Value Proposition
  • Unified Spend Platform – provides ability to understand and control all Procurement spend.
  • End-to-End S2P Processing for Buyers, Suppliers and Users.
  • Digitalization and simplification of Sourcing, Contracting, Buying and Supplier Management processes.
  • Improve Profitability through processing and solutions to provide savings, cost reduction & discount management.
Business Value
Business Value
  • 36-48% fewer Compliance & Risk Management FTE’s
  • $20m savings (per $1bn spend) realized through non-contract leakage
  • 40-50% operating cost reduction due to efficiency gains
  • 4-15% Average Unit Price reduction

Your personal apsolut contact

Lein Elsonbaty
Lein Elsonbaty
Consultant

Sprachwahl

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Events

SAP Spend Connect Innovation Day London

Join us for a full day of exploring the latest SAP innovations in Procurement and Supply Chain. Listen to success stories, exchange best practices, and learn how to stay ahead of the game and build a resilient organisation. We will be there – meet us onsite!

2024-02-29 London

SAP Spend Connect Innovation Day London

SAP Spend Connect Innovation Day Hyderabad

Join us for an evening of exploring the latest SAP innovations in Procurement and Supply Chain. Listen to success stories, exchange best practices, and learn how to stay ahead of the game and build a resilient organisation. We will be there – meet us onsite!

2024-03-07 Hyderabad

SAP Spend Connect Innovation Day Hyderabad

Shaping the Future of External Workforce Management

Meet the experts for External Workforce Management in London. A synergy of insights from both apsolut and SAP Fieldglass will equip you for 2024 to understand the transformative and beneficial impact SAP Fieldglass can bring to your business. Don’t miss our live demo including the latest features and AI capabilities. Use the chance to network with peers and our experts.

2024-03-12 London

Shaping the Future of External Workforce Management

SAP Spend Connect Innovation Day Copenhagen

Join us for a full day of exploring the latest SAP innovations in Procurement and Supply Chain. Listen to success stories, exchange best practices, and learn how to stay ahead of the game and build a resilient organisation. We will be there – meet us onsite!

2024-03-19 Copenhagen

SAP Spend Connect Innovation Day Copenhagen

News

Squando – Based on Collaboration and Joint Development by Schaeffler and apsolut

Manoj Kanal (Managing Director MEA, apsolut Group) @ the Supply Chain and Logistics Summits in Dubai

apsolut Group restructures Global Board

apsolut Fluid now also available in the SAP Store®

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