Today, managers are challenged to eliminate non-value adding work and "do more with less" in a dynamic marketplace. The key is to reengineer inefficient processes to more fully leverage the capabilities of talented resources and advanced technology. From small procedural tweaks to large process redesign projects, SMART implements solutions that streamline and optimize an organization's source-to-pay business processes.
Target Areas For Process Optimization Include:
Source
• Strategic Sourcing Strategy
• Manage Electronic Reverse Auctions
• Streamlined RFX Development Process |
Pay
• Evaluated Receipt Settlement
• Electronic Funds Transfer
• 2-Way Match for Services |
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Contract & Comply
• Multiple Award Contracts
• Performance Based Contracts
• Modular Contracts
• Blanket Purchase Agreements |
Analyze
• Balanced Scorecards (KPIs)
• Spend Analysis
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Procure
• Procurement Cards
• Paperless Procurement
• Procurement Organizational and Redesign |
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