Streamline Supplier Operations& Supply Base Optimization
Enhance Supplier Collaboration with Supplier Portals and Automated Workflows. Consolidate Tail Spend and Optimize Contract Terms
Do you have real-time visibility into supplier performance and market dynamics?
- Is your supplier onboarding process efficient and risk-aware?
- Are your procurement teams collaborating seamlessly with suppliers?
- Is unmanaged, low-volume spending impacting your cost-saving goals?
- Are your contract terms optimized to maximize savings?
As a dedicated ServiceNow implementation partner, we extend the value of the Source-to-Pay (S2P) framework with native configurations that enhance supplier collaboration. Some of the added benefits when partnering with ODS:
Supplier Collaboration Portal
Our implementation of ServiceNow’s Supplier Collaboration Portal provides a unified platform for seamless interaction between your procurement team and suppliers. This integration fosters real-time communication, efficient document exchange, and streamlined processes, improving supplier relationships and operational efficiency.
Real-Time Supplier Insights
By integrating supplier data with third-party news sources, we provide you with real-time insights into supplier performance and market conditions. This proactive approach allows for informed decision-making, helping you anticipate and mitigate potential supply chain disruptions.
Supplier Onboarding Playbooks
We develop comprehensive onboarding playbooks that integrate risk assessments directly into the onboarding process. This approach ensures that new suppliers are vetted thoroughly and onboarded swiftly, reducing potential risks and enabling your projects to commence without unnecessary delays.
Tail Spend Optimization
Our Source-to-Pay implementation includes the thorough analysis of low-volume, unmanaged expenditures, identifying opportunities for consolidation, and cost savings. By optimizing tail spend, we help you achieve better procurement efficiency and significant cost reductions.
Contract Terms Optimization
Our expertise enables you to analyze and refine contract terms to align with your business objectives. By optimizing contract terms, we help unlock savings and strengthen supplier partnerships, ensuring favorable agreements that drive mutual success.
DocIntel Invoice Processing
We implement intelligent invoice processing solutions that automate data extraction and validation, reducing manual effort and errors. This automation accelerates the accounts payable process, ensuring timely and accurate payments to suppliers.
"ServiceNow’s Supplier Lifecycle Operations solution was a game-changer. Our partner: ODS, helped us cut supplier onboarding time by 50%, and we’ve built much stronger partnerships thanks to the Supplier Collaboration Portal."
Prasad K, Director of Sourcing