Spend Analytics
Our spend analytics services provide you with greater visibility as to where your budget is spent. We provide detailed cost and contract data across suppliers to assist you in optimising spend across all business units. These services include:
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Detailed item-level data collection
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Data cleansing and data quality
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Advanced data classification (UNSPSC and client classification)
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Maintenance of data classification
Analytics & Insights
Take your financial security and efficiency to the next level with advanced analytics and actionable insights into your procurement costs. Learn how we can help you to reduce costs and negotiate better rates with your suppliers through our procurement spend analysis tools. Or, outsource routine business process tasks such as accounts payable (AP) reconciliation, ERP support, procurement system management and analytics to maximise efficiency.
Profectus Group will help you identify cost-saving opportunities, optimise your procurement processes, and make informed decisions that improve efficiency. Reach out today to get started.
Spend Insights
Unlock the potential savings within your supplier spending patterns and seize new revenue opportunities. With our cutting-edge analytics and meticulous data-driven approach, we can reveal insights to reduce spend and negotiate better deals. These services include:
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Cross-supplier analysis
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Seasonal pricing and promotional recommendations
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Out-of-contract spend analysis
Business Process Outsourcing
The following list is indicative of the range of BPO services that we provide to clients. If you would like assistance in managing a process that isn't listed below or would like additional information as to the extent of services that we can provide, please reach out to our friendly team.
AP RECONCILIATION TASKS
Profectus can support your accounts teams to reconcile invoices against purchase orders/goods received, help process invoices for payment and more.
ERP SUPPORT
Profectus has extensive experience with a wide range of ERP systems, from SAP to Oracle and everything in between. We can provide admin support to update ERP records, assist with ERP migration, or help to remove duplicated vendor accounts, as well as many other manual ERP-related tasks.
PROCUREMENT SYSTEM QUERY SUPPORT
Profectus can assist your internal terms as well as your suppliers with managing procurement systems, from email support management to replying to questions, loading invoices or agreements, etc.
ANALYTIC TASKS
Our industry-expert analysts can help you perform any analytics tasks with ease. This could include analysing and comparing rebate terms across vendors and supporting re-negotiations for improved terms, reviewing historical spend and supplier income amounts to identify the best suppliers for your changing market conditions, or reviewing proposed CPI increases from your suppliers and providing support for negotiations.
PROCURE-TO-PAY (P2P) PLATFORM SUPPORT
We specialise in post-implementation assistance for your P2P platform, focusing on streamlining supplier contract & invoice checks, ensuring compliance in your P2P ecosystem. Our tailored services encompass supplier setup, onboarding, as well as invoice and contract compliance management. Our dedicated team is committed to optimising your P2P platform for maximum efficiency and accuracy.
We help with supplier onboarding including:
• Supplier activation & deactivation
• Setup & maintain supplier company information
• Supplier catalogue setup
We can help:
• Digitalise and process supplier invoices
• Manage contract and invoice discrepancies
• Handle supplier enquiries and rebate rejections
We can support you with the following:
• System configuration
• Integration with ERP and other systems.
• User training and ongoing technical support
FAQ
