2. Like what you see? Let's talk arrow-icon

Overview

Navigating Key Procurement Challenges in a Complex Business Landscape

Collaborating with vendors has become the most important aspect of purchasing in today’s ever-changing business environment. Purchase departments are faced with critical challenges including

  • Supply Chain Disruptions: Addressing interruptions caused by global events, demand fluctuations, and supply shortages.
  • Cost Optimization: Striving to reduce operational costs while maintaining quality and efficiency.
  • Supplier Risk Management: Ensuring supplier viability, compliance, and resilience in volatile markets.
  • Sustainability Requirements: Meeting environmental and ethical standards in procurement processes.
  • Compliance (corporate & statutory): Meeting local regulatory requirements, labor laws, round the clock visibility on who, what, when, why and where.
  • Expense management: Inefficient expense reporting due to lack of real-time tracking.
  • User experience: Lack of simplified and user-friendly mechanism to submit expenses, faster reimbursement cycles and reduction of administrative burdens on the employees in compliance with travel policies.

Comprehensive Spend Management Solutions

To tackle procurement challenges, SAP Intelligent Spend Management solutions provide targeted tools and integrations that enhance procurement, workforce management, and expense tracking. Explore how SAP Ariba, SAP Fieldglass, and SAP Concur are instrumental in meeting these needs effectively.

SAP Ariba

It offers a comprehensive suite of procurement solutions to tackle these challenges with the help of an integrated procurement platform. This platform reaches out to a global network of trading partners while giving insights and early signals to effectively manage risks and evaluate supplier performance. By use of ethical yet efficient procurement processes businesses achieve their strategic objectives in a sustainable manner.

SAP Fieldglass

It is a SaaS platform that allows organizations to better procure, manage, and optimize their global flexible workforces, including contingent labor, services managed through SOWs, and profile workers.

It integrates seamlessly with other SAP products like SAP SuccessFactors Employee Central for worker data synchronization and SAP Ariba/SAP S/4HANA for procurement processes.

SAP Concur

It is a travel and expense management software which gives insights into corporations spend and helps them cut costs along with making them more efficient and compliant. It manages employee-initiated expenses. Every expense report must belong to an employee. With SAP Concur Expense you can integrate your company’s employee-initiated expense data to manage you spend. SAP Concur Travel simplifies the travel booking process while ensuring adherence to companies’ travel policies.

SAP Concur Invoice automates invoice processing, reducing manual effort and increasing efficiency.

Achieve Strategic Spend Management Goals

TALK TO OUR EXPERTS
Achieve Strategic Spend Management Goals

Our Intelligent spend management offerings help achieve cost control while staying compliant with your socio-economic responsibility.

Our Intelligent Spend Management(ISM) offerings are backed by a skilled team of certified consultants who assist organizations in reaching their objectives, irrespective of their current situation. Infosys’ tools, accelerators, and strategic alliance with the SAP’s product team keep us at the forefront of the industry. We assess an organization’s existing spend management ecosystem and based on our experience of working with more than 200 clients, recommend the best practices and technologies suitable for their organizational needs and objectives. Our expertise ensures that we deliver a customized next-gen solution to effectively control the spend management process.

Holistic Approach

We provide end-to-end spend management solutions covering sourcing, contracts, procurement, and payments, to meet your organization’s spend management goals.

Innovation and Adaptability

Infosys collaborates very closely with SAP resulting in leading-edge solutions and innovations on SAP Ariba and other ISM platforms to stay ahead in addressing industry challenges.

Proven Success

Infosys’ track record of successful implementations and satisfied customers speaks volumes about the reliability and effectiveness of SAP ISM solutions and our ability to deliver them.

Our Experience

Infosys, with a team of more than 20,000 SAP consultants has delivered end-to-end projects which gives us the unique advantage of looking at the bigger picture while we design any procurement and spend management transformation strategy.

Start Transforming Your Spend Management Today — Request a Demo and See Infosys SAP Solutions in Action!

Sub Offerings

Line

Challenges & Solutions

Infosys Intelligent Spend Management is a unified platform that not only provides intelligent insights into your end-to-end source-to-pay processes but also helps you take informed and timely decisions in case of any supply chain disruptions. The recent supply chain events have made it more important than ever to have alternatives ready. With SAP Business Network for procurement and supply chain, Infosys enables you to establish processes that help you anticipate and proactively manage supply chain disruptions, safeguarding your operation against contingencies.

With Infosys' expertise in Spend Category Management, you can

  1. Optimize costs through strategic sourcing and favorable negotiations
  2. Identify saving opportunities and streamline workflows with real-time insights
  3. Enhance supplier collaboration and effectively track costs
  4. Detect supply chain disruptions early and make informed decisions
  5. Minimize costs associated with delays and rework
  6. Improve your overall spend management process and achieve significant cost savings

Infosys' experience in setting up contracts and suppliers, combined with SAP Ariba's powerful tools, enables you to stay focused on your company's goals and drive better business outcomes.

We help you monitor supplier performance against contractual obligations and identify risks early, allowing you to make timely adjustments and ensure procurement processes don't hinder your supply chain. With SAP Ariba's Supplier risk and performance management, we enable you to assess and monitor supplier health and performance, alerting you to potential supply chain risks promptly. By taking this proactive approach, we assist you in maintaining a smooth and efficient procurement workflow, preventing bottlenecks that could impact your overall supply chain performance.

We help you embed sustainability and ethical buying into your procurement processes with SAP Ariba, supporting your Corporate Social Responsibility (CSR) goals. Our SAP Intelligent Spend Management solution assists you in selecting the right suppliers, aligning purchases with your sustainability objectives, and ensuring pay equity for external workers by providing market rate visibility. With our comprehensive approach, you can make informed decisions that optimize your procurement workflows while maintaining your CSR commitments.