Solution
Procurement Central™
Key Insights
Accelerate value capture by providing predictive insights and centralized access to historical data.
Increase user efficiency through automation, push-notifications and actionable insights.
Centralize spend and savings visibility and measure procurement contribution.
Automate spend and savings reporting.
Overview
The ProcurementCentral™ Digital Workflow is a ServiceNow based solution used by Deloitte’s sourcing and procurement teams to effectively deliver projects across the end-to-end procurement cycle including cognitive spend, sourcing, and supplier enablement. Tested processes ensure all tasks are accounted for, collaboration is seamless, and necessary reporting and approval routing are automated, eliminating human error in those areas. ProcurementCentral™ is also a centralized repository for all projects, enabling companies to leverage historical benchmarks and predictive analytics using AI to improve future performance.
Features
- Agile architecture allows for easy customization based on client needs
- Stand-alone versions can quickly be created for bespoke requests
- Project initiation and triage: Managing the demand & resources
- Workflow management for spend analytics, sourcing, and supplier enablement
- Embedded collaboration: Ability to assign tasks to and notify project team members and stakeholders
- Approval routing (VCF, Charter): Capturing commitments and approvals