Transaction &
Vendor Management
we drive profitability as well as operational & organizational benefits by enhancing throughput
We control every step in a client’s transaction, from devising results-oriented strategies to delivering every report, analysis and recommendation. Our services ensures the maximum value received for the money that our client pays to its suppliers.

Υou Can’t Manage What You
Can’t See

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Group 42
The Solutions
We utilize our resources to develop tailor-made sourcing processes and improve efficiency, transparency and savings. Our services assist companies to manage and develop supplier relationships that improve value, agility, flexibility and reduce risk.

1

Supplier Analysis

manage your suppliers effectively

Segment suppliers based on business strategy, impact and risk

Define framework of segmentation and responsibilities within organization based on different levels (strategic & traditional suppliers)

Provide a suitable framework for non-strategic supplier management. Align organization with relationship management principles

2

Supplier Relationship Management (SRM)

relationships that achieve real value

Establish value-added relationships with strategic suppliers and align objectives

Implement effective governance and setup framework of supplier relationship within the organization

Develop effective performance management methodology and respective supplier development processes to monitor and improve value for both entities

3

Order and Invoice Processing

assist in resource utilization

Based on organizational needs, we can manage sourcing and/or buying for specific categories

We can undertake the full purchase-to-pay process, including purchase orders, account reconciliation, supplier selection, contract drafting, and other category-related actions

4

Contract Administration

details that matter

Contract drafting according to company-specific governance and other related policies

Contract management and digitization

Contract compliance, renewal and financial terms control

5

System & Resources Assessment

find the right tools

  • Assess the adequacy of support infrastructure and alignment with business goals and environment

  • Review technology requirements and propose best fit solutions

ARRANGE A MEETING
VIEW CASE STUDIES

The Result

Transaction Management

With our services, we aim to:
  • Reduce Cost Per Transaction
  • Eliminate order and invoice errors
  • Maintain data quality and automate manual tasks
  • Accelerate procurement timeframes
  • Innovative risk mitigation and management frameworks

Vendor Management

You gain:
  • Building robust relationships with suppliers
  • Focusing on key relationships and benefiting from economies of scale
  • Improvement in processes and buyer/vendor interaction
  • Cut inventory costs by optimal purchasing
  • Improvement of governance in strategic suppliers relationships
arsenal
Our
Power
Cost Mapping
Tailor-made solution
Negotiation strategy
Market intelligence
Benchmark data
Extensive analyst network
Proven methodology