Transform the source-to-settle lifecycle into a value driver..gif)
Many organizations currently struggle to effectively manage their procurement, contract management and payables function – juggling transactions and searching for cost reducing alternatives. Spend Management is the strategic approach to procurement and payables that goes beyond purchase orders and invoices by transforming the source-to-settle lifecycle into a value driver.
MarketSphere works with clients to standardize procurement and payables functions across the enterprise – leveraging talent, technology automation and lean processes to create immediate results. Our solutions provide easy access and analysis of transaction data, allowing for a fact-based strategic approach to cost reduction. Taking a holistic approach of spend management, our clients unlock the potential of their organizations.
|
"MarketSphere was involved at the beginning to help us develop an enterprise sourcing-to-settlement operating vision and proved to be an invaluable partner to help us implement this vision. Your team provided process, systems, change management, and organization design expertise that helped us transform into a fully centralized, shared services operation supporting the entire enterprise. In addition, your team was critical in helping drive significant strategic sourcing savings which helped fund the overall cost of this S2S program."
– Director of Enterprise Sourcing and Procurement, H&R Block
|
We provide Diagnostic, Roadmap Development, Transformation Initiatives, and Reporting/ Intelligence services focusing on:
|
Diagnostic Services
|
- Transaction Data Gathering
- Tools & Technology Audits
- Operational Benchmarking
- Opportunity Assessment
- Savings/ Synergy Targets
|
|
Roadmap Development
|
- Strategic Visioning
- Organizational Planning & Design
- Resource Management
- Communication & Change Management
- Budget Planning & Realization
- Requirements Gathering
- Implementation Roadmap
- Business Case Development
|
|
Transformation
|
- Lean Source-to-Settle Process
- eProcurement Implementations
- Contract Management Audit & Recovery
- Strategic Sourcing
- Document Imaging
- P-Card Implementation
- Supplier Rationalization/Enablement
- Organizational Alignment
|
|
Intelligence and Reporting
|
- Management Reporting & Analytics
- Supplier Performance Management
- Benefits/ Savings Tracking
- Dashboard/ Balanced Scorecard
- Key Performance Indicators
- Budgeting/ Business Planning Linkage
|
