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
  • m savings (per

    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

    Focus Topics

    apsolut is a leading consultancy for Intelligent Spend Management, Business Network, Procurement, Supply Chain, External Workforce Management and Business Transformation. Our expertise ranges from technical implementation and process consulting to IT project management and the implementation of holistic transformations. We are SAP Gold Partner, multi-awarded SAP Ariba MEE Partner of the Year and development innovation partner of SAP.

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    apsolut Group
    Oelmühlenstr. 30
    33604 Bielefeld
    Germany

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    Get in touch with us!

    Call us +49 (0) 521 163 909 0
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    Locations
    Service Desk

    Service Desk

    We are available to our registered support customers Monday through Friday from 08:00 to 18:00.

    Call us +49 (0) 521 163 909 90
    Press

    Press

    Your personal contact:

    Jonas Vomstein
    Head of Reference Marketing & Storytelling
    +49 (0) 521 163909905
    Send e-Mail

    Download: apsolut Corporate Factsheet

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    bn 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

Focus Topics

Contact

Contact

Got questions?

Get in touch with us!

Call us +49 (0) 521 163 909 0
Mail us Contact form
Locations
Service Desk

Service Desk

We are available to our registered support customers Monday through Friday from 08:00 to 18:00.

Call us +49 (0) 521 163 909 90
Press

Press

Your personal contact:

Jonas Vomstein
Head of Reference Marketing & Storytelling
+49 (0) 521 163909905
Send e-Mail

Download: apsolut Corporate Factsheet

Get in touch with us!

The fields marked with * are mandatory.