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Procure-to-Pay solution for indirect procurement

Infosys Procure to Pay solutionThe comprehensive Procure-to-Pay solution from Infosys addresses indirect materials and services procurement by consolidating industry-best practices and proven ERP and procurement systems.

Our approach enhances your existing ERP systems through a services procurement-related functionality. It ensures you do not have to manage duplicate functionality and data between ERP and niche products.

Challenge Solution Benefits
Lack of visibility in terms of:
  • Spend
  • Standard rate card for services across the organization
  • Traceability of actual spend and expenses vs. budget
  • Compliance with contract, policies, and regulations
  • Spend categorization and planning
  • Data-driven sourcing
  • Better spend analysis
  • Facilitates better planning and strategic sourcing through timely information by service / commodity category
  • Improved spend visibility and negotiating clout with suppliers
  • Enhanced quality and timeliness of information on services
  • Strategic sourcing savings of 5 percent to 15 percent of total spend
Lack of control in:
  • Fragmented spending
  • Contract leakage / off-contract spending
  • Internal and supplier performance metrics
  • High costs and cycle times
  • PO-based procurement leading to better tracking and compliance
  • Continuous spend monitoring and optimization
  • Reduction in fragmented buying – from 32 percent to around 2 percent
  • Improved contract compliance – 3 percent to 15 percent of spend reduction
Lack of collaboration due to:
  • Limited involvement of purchasing
  • Poor internal coordination
  • Low supplier adoption
  • No supplier enablement and governance model
  • Limited integration with project, operations, finance, and HR systems
  • Payment automation
  • Supplier enablement and improved collaboration through online negotiation tools and supplier collaboration module
  • Leveraging existing investments in ERP systems and implementing best-in-class indirect procurement processes
  • Customer and vendor collaboration support
Process complexity due to:
  • Multiple categories with unique requirements
  • Variation of processes between business units and categories
  • Manual, disjointed processes with multiple hand-offs
  • Bringing together disparate spend categories, business units, people, and systems
  • Automation of low dollar purchases to achieve cycle time reduction
  • 25 percent to 60 percent efficiency gain
  • Reduced hand-offs, improved cycle time and overall productivity
  • Reduced total life cycle costs (for indirect procurement materials and services) by 10 –25 percent
re to Pay systems for services procurement – Infosys

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