Global Procurement Services

Global Procurement Services 


Organizations today need to lower the cost per dollar spent, to identify and to realize the opportunities for savings, all while providing robust processes and keeping in compliance with local and international laws. Softtek improves procurement operations from end to end in efficiency, quality and cost through digital transformation.

 

Softtek service value

We bring together the right people, technology and processes to address every step in the procurement function, helping our customers achieve their goals.

 

Why Softtek

Domain Experience & Outstanding Process Execution
Procurement at Softtek combines the right people, technology and processes to help our customers identify and realize potential opportunities and generate value. Our service operations, applications and efforts to drive innovation are all aligned to provide measurable, positive results for our customers.

Excellence in process execution is assured by continuously managing and executing spend strategy.
Culture of Agility & Trust
Softtek has a culture rooted in agile execution and value-orientation. To maintain this agility, we strive for excellence in change management, robust transition frameworks and collaboration.

Our world-class Global Nearshore™ model is a key enabler of our agility, boosting the capabilities of operations to match our client’s needs. A common language, similar time zones, an understanding of local work culture and an alignment of values are a few of the components we consider vital for successful engagement with suppliers.
Data and Analytics Integration
We have a successful track record of integrating systems and aggregating information from diverse sources to contextualize data for large and complex organizations. Data Science in the analysis helps us to swiftly fulfill our customer’s needs for productivity and efficiency. At Softtek, data-driven service design means in-depth analysis of current operational performance to drive design, complemented by continuous improvement in everything we do.
Best-of-Breed Technology
Softtek combined advanced data analysis capabilities and state-of-the-art partner applications to create the Softtek eProcurement Portal. The collaborative DNA and end-to-end capabilities of our eProcurement Portal are made to fit to your unique business needs, enabling visibility and control over your spend and compliance. The leverage gained through the use of the right technology combined with our team's expertise helps clients execute a successful, value-adding procurement transformation.

 

Softtek’s Approach to Procurement Transformation

HOW

Softtek

CAN HELP

Our Procurement specialists use a consultative approach to conduct a skillful analysis of your current operations to identify:

  • Your company's core capabilities
  • Potential gaps in your category management and spending control mechanisms
  • Ways to improve processes for increased efficiency
  • Strategies to meet and exceed the procurement area's performance goals

OUR APPROACH

1. Establish dominant category management process to enable a meaningful analysis of your spend.

2. Implement optimized transactional procurement process to increase spend-under-contract and use resources available in procurement more effectively in strategic tasks.

3. Segment the supply base and establish short-term and medium-term strategies in each segment.

4. Provide insightful spend analysis and enable innovative contracts with key strategic vendors.

 

Softtek’s eProcurement Portal Solution

The eProcurement Portal by Softtek is a collaborative and comprehensive procurement platform focused on savings and compliance while eliminating inter-process leakage.

 

 

Spend Analytics

Spend map is key to driving cost-out. Visualize spend and optimize savings with the help of actionable analysis. Coupled with alerts and notifications, this tool provides a detailed and multidimensional view of spend, helping you to make the tactical decisions in your strategy.

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Softtek logo
 

Supplier Management

Run your supplier base with control. Onboarding and supplier performance are optimized with use of alerts, performance scorecards, status and summary reports.

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LifeSource

Sourcing

Evaluate and qualify new suppliers to bring the best value when you source. Customizable and flexible, this tool offers RFx templates, commodity analyzation, and e-Auction capabilities. Saving initiatives fuel pipeline of performance improvement projects.

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LifeSource

Contract Management

Reduce the time and paper movement spent while managing contracts. Increase compliance and visibility for an overall upgrade in contract performance.

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ASC Logo

Procure

Improve compliance and reduce time with a customer centric purchasing experience complete with Smart Search.

Invoice & Pay

Reduce paper invoices, avoid discount losses and improve accuracy with management of the PO lifecycle.

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Learn More

Brochures

  • Global Procurement Transformation Solution
  • Procurement Consulting Services

Insights

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