Procure 360°

All-round assistance with your procurement-to-payment programme

Now, more than ever, organisations are searching for new ways to implement control while delivering improved value and results. Taking a fresh look at procurement processes and procedures can help to achieve these goals but major, long-term gains will only come if you look beyond “purchasing” and work to get more from the entire procurement function.

Delivering procurement excellence

UNIT4 has applied its wealth of expertise in the fields of procurement, purchasing and payment to offer an innovative service concept for our clients: the Procure 360°.  This consists of a number of aspects, including a sequence of consultations and a complete diagnostic review, the results of which are used to create: -

  • a report on your current and potential procurement function,
  • recommendations, and
  • terms of reference for engagement.

These combine to identify a range of focus areas designed to enhance the performance of your procurement function.

Organisational Transformation

Having provided a stake in ground with the Procure 360° and analysis stages, the UNIT4 team will work alongside your procurement team to deliver: -

  • business/management information based on relevent industry-standard metrics,
  • contract & supplier measurement & management, and
  • a streamlined purchasing process.

The UNIT4 team will also take responsibility for collating, producing and communicating the message of direction from your decision-makers to the wider organisation, which will strongly influence the software solution design stage.

The assessment of appropriate partner solutions may be relevent at this point.

Key benefits

This approach will help you to make the Procurement function a real, sustainable, recognisable asset to your organisation, enabling you to:

Gain Control over: -

  • 3rd party expenditure reducing ‘Maverick spend’
  • Contract Measurement and Management
  • Supplier Measurement and Management

Have a seamless process: -

  • From requirements to payment
  • Full e-Procurement
  • To a target Straight Through Processing (STP) Rate of 75%

Have a Business Platform: -

  • To reduce costs
  • Facilitate direction
  • For the buying process

Throughout, our priority is to unlock genuine, new added value and provide a procurement function that drives excellence throughout your organisation.

Your move

In order to help identify your current position and to gain an overview of your potential, why not complete a Mini Procurement 360° Analysis?  It only takes a few minutes and will provide a stake in the ground for identifying those areas that require the most focus, as well as providing an estimate of the savings your organisation could potentially make by hitting the targets that you set throughout the review.

Click here to find out more and take the Mini Procurement 360° Analysis.

Want to know more?

Procure 360° is a prime example of the new wider range of solutions that we can now offer to meet your needs – both today and as your organisation continues to evolve.

Click on the links below for more information.

  • A real competitive edge

    Whilst it is true that streamlining purchase-to-pay activities can offer valuable short-term returns, there’s much more to procurement than just the buying of goods and services. When recognised and supported as a strategic function, procurement can not only improve profit margin but also support business change and provide a powerful competitive edge.

    Our experts are ready to work with you, to provide the services, solutions and assistance you need, to take the procure-to-pay process and turn it into a cycle for continuous improvement.

  • Procure 360° - an overview

    We focus on three key stages of the Procure-to-pay process:

    • Procure to Purchase
    • Purchase to Invoice
    • Invoice to Pay

    and then complete the cycle with a review of what has been achieved.

    For each stage, we apply a diagnostic approach, assessing the scope and effectiveness of existing practices and analysing the results, in order to propose the best steps to improve each one. We then agree an appropriate level of engagement for our experts to work with your teams in delivering these service packages – to suit your own resources and circumstances.

  • Creating a business platform

    Our approach to procurement will help you to create a procurement-to-payment business platform – a forward-looking strategy and change plan to make your procurement function a real, sustainable, recognisable asset to your organisation.  This will inform the development and evolution of your current Agresso Business World or Coda Financials configuration.

  • Example project - improved purchasing

    A dispersed purchasing function – with many buyers located in the business areas, rather than a dedicated procurement or purchasing team – was a cause for concern for one of our clients. We were asked to look at the current issues and design a robust purchasing function. Our resulting recommendation was not a complete re-write of their processes but various small changes to the way the company handled purchase orders, together with the implementation of strategic supplier management.

  • Example project - software consultancy

    We have also worked with clients that have installed our Agresso or Coda purchasing software solutions. As a result, the clients gained a better understanding of the links between the procurement function and the accounts function.  This enabled the client to reduce problems in the accounting function by taking a more proactive approach in the procurement function, allowing issues downstream of the process to be resolved by the actions taken upstream.  It has also improved the process-design stage of the software implementation, ensuring sustainable progression.

Next Steps

Related information

Case Studies

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