Better Asset Management with Preferred Items and Source-to-Pay
Better asset management is essential for operational excellence and cost-effectiveness, starting with employee requests and tracking them across their lifecycle
Better asset management is essential for operational excellence and cost-effectiveness, starting with employee requests and tracking them across their lifecycle
Transform the way you handle Category Management with ServiceNow Source-to-Pay. Discover actionable insights and innovative solutions to make your procurement strategy a competitive advantage.
Effective cost management is crucial for every successful business. It ensures resources are utilized wisely, budgets are adhered to, and financial goals are achieved. One of the biggest challenges for running IT like a business has been assigning the cost of IT to the consumers of IT.
In today’s fast-paced IT environment, effectively managing hardware refresh cycles is crucial for optimizing operational performance.
In the ever-evolving landscape of corporate Procurement, managing spend is a critical factor for controlling costs. Companies that want to enhance procurement operations, mitigate risks,
Discover how automation transforms procurement processes and unlocks savings in the latest post by Outcome Driven Solutions. This article explores how ServiceNow’s Source-to-Pay solution helps organizations streamline workflows, reduce processing costs by up to 30%, and accelerate delivery times. Key highlights include automating procurement operations, improving compliance through guided processes, and providing real-time visibility into spend management. The post also emphasizes how these efficiencies contribute to strategic sourcing and sustainable cost savings.
For a deeper dive into these enhancements and practical insights on improving procurement efforts, visit the full post
Outcome Driven Solutions
tps://outcomedrivensolutions.com/streamlining-procurement-efforts-and-unlocking-savings-with-servicenows-source-to-pay/).
A common observation throughout my 25 years of supply chain management and consulting, is that even large procurement organizations dedicate considerable time to purchasing low-value items. This is the exact opposite of what is wanted. Your valuable time should be spent on high value tasks.
So how do you reclaim time to work on high value tasks and get support and recognition for that effort? Three steps you can follow are:
I. Identify the low-value low-complexity products/services your plan to target.
II. Optimize the entire process from request through payment. Eliminate as many steps as possible and automate the rest. ODS calls the fully optimized process Touchless Ordering™.
III. Measure the savings and receive credit for your work.
Outcome Driven Solutions (ODS) is your trusted guide to unlocking tangible value from ServiceNow Source-to-Pay.
Our tailored strategies and enhancements ensure that each phase of your Source-to-Pay journey delivers measurable results.
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