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
+44 (0) 203 716 0155
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Webinar: AI-Infused User Guidance for SAP Ariba Buying – Unlock Efficiency and Precision with a Brand new Copilot

Join us for an illuminating webinar as we unveil Copilot for SAP Ariba, powered by Lhotse and apsolut, your ultimate procurement ally. Revolutionizing the user experience, Copilot simplifies complexities, slashes procurement cycle times, and lightens the workload for requesters and your procurement team.

 2024-05-14 Online

Webinar: AI-Infused User Guidance for SAP Ariba Buying – Unlock Efficiency and Precision with a Brand new Copilot

SAP Innovation Day Dubai

The SAP Innovation Day in Dubai will be held at the Museum of the Future. This futuristic venue fits perfectly with the event’s focus: AI Everywhere! Join us for this extraordinary event, which is all about cutting-edge technology and visionary insights into the seamless integration of AI into your business solutions. We look forward to meeting you on site!

 2024-05-20 Dubai

SAP Innovation Day Dubai

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

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