SlideShare une entreprise Scribd logo
1  sur  16
Télécharger pour lire hors ligne
5 Essential Stepsto 
Controllingyour Complex Expenditure
How much do you spend 
on complex products and services? 
Such as: 
• marketing services 
• print & packaging 
• signage & exhibitions 
• uniforms & apparel 
• office supplies 
• gifts & premiums
How much did you spend today? 
How much did you spend today… 
…across your business… 
…on complex products 
& services… 
…locally, nationally 
or globally?
Are you a victim of the manual menace? 
80% of businesses use online search, phone & email to source complex products & services
Results: Lack of Visibility & Control 
Who do we buy from? 
Are we getting value for money? 
Who is buying what? 
How much do we spend? 
How can we save money? 
We need data to make better decisions!
Why Fix this Problem? 
Because its >20% 
of your expenditure
5 Steps to Controlling Your 
Complex Expenditure 
Gain visibility Get control Deliver savings 
Improve efficiency Add more value
1. Gain visibility 
Deploy an easy to use cloud spend management platform Drive adoption & usage across categories & businesses Capture line item data for every transaction 
a 
b 
c 
✔
2. Get Control 
Centrally control localized buying Standardize & aggregate demand Consolidate & rationalize supply 
a 
b 
c 
✔
3. Deliver Savings 
Leverage commodity spend for volume discounts Increase competitive bidding for custom spend Minimize errors, waste & obsolescence 
a 
b 
c 
✔
4. Improve Efficiencies 
Automate source-to-settle processes Streamline across supply chain 
Release experts from admin to add value 
a 
b 
c 
✔
5. Add More Value 
Reduce time to market Focus on business goals 
Improve customer satisfaction & supplier alignment 
a 
b 
c 
✔
Global Pharma: Case Study 
Yr1: 22% Cost Saving 
Visibility & Control 
Deploy cloud spend Management platform 
Drive Adoption & Capture transactional data 
Centrally control spend 
Commoditize & compete for custom spend 
Yr2: 
Savings & Efficiencies 
Leverage demand Consolidate Supply Minimize waste 
Yr3: 
Add More Value 
Reduce time to market Streamline source-to-settle process 
Monitor live data
About Claritum 
Cloud spend management platform 
Specializing in frequently ordered, low cost products & services 
150,000 users in 35 countries rely on Claritum to manage US$200m expenditure per year
So what’s next? 
Click Here to Download the White Paper: Gain Visibility & Control of Your Complex Expenditure 
Download White Paper 
Click Here to sign up for a 
Personalized Demo 
Sign Up for a Demo
Thank You Find out more at: www.claritum.com 
James Samuels, Founder & CEO, Claritum

Contenu connexe

Tendances

Software Advice BuyerView: Retail Software Report 2014
Software Advice BuyerView: Retail Software Report 2014Software Advice BuyerView: Retail Software Report 2014
Software Advice BuyerView: Retail Software Report 2014
Software Advice
 
Improving wal mart customer service
Improving wal mart customer serviceImproving wal mart customer service
Improving wal mart customer service
Jeff Bonanno
 
Global Supplier Rationalization presentation_BME Symposium_Ben Grudda
Global Supplier Rationalization presentation_BME Symposium_Ben GruddaGlobal Supplier Rationalization presentation_BME Symposium_Ben Grudda
Global Supplier Rationalization presentation_BME Symposium_Ben Grudda
Ben Grudda
 
Retail Virtual Modelling
Retail Virtual ModellingRetail Virtual Modelling
Retail Virtual Modelling
Jaspal Bhatia
 
Odoo OpenERP 7 POS Retail Management
Odoo OpenERP 7 POS Retail ManagementOdoo OpenERP 7 POS Retail Management
Odoo OpenERP 7 POS Retail Management
pragmatic123
 
Loyalty
LoyaltyLoyalty
Loyalty
hengfu
 

Tendances (20)

When should a company initiate a price change
When should a company initiate a price changeWhen should a company initiate a price change
When should a company initiate a price change
 
Software Advice BuyerView: Retail Software Report 2014
Software Advice BuyerView: Retail Software Report 2014Software Advice BuyerView: Retail Software Report 2014
Software Advice BuyerView: Retail Software Report 2014
 
Digital Velocity 2014: "Leveraging Technology to Create 'Frictionless Sales'"
Digital Velocity 2014: "Leveraging Technology to Create 'Frictionless Sales'"Digital Velocity 2014: "Leveraging Technology to Create 'Frictionless Sales'"
Digital Velocity 2014: "Leveraging Technology to Create 'Frictionless Sales'"
 
Accredible 2015
Accredible 2015Accredible 2015
Accredible 2015
 
PromoTale - a sale story
PromoTale - a sale storyPromoTale - a sale story
PromoTale - a sale story
 
ARM yourself with Exponea - 7 tips for growth
ARM yourself with Exponea - 7 tips for growthARM yourself with Exponea - 7 tips for growth
ARM yourself with Exponea - 7 tips for growth
 
Improving wal mart customer service
Improving wal mart customer serviceImproving wal mart customer service
Improving wal mart customer service
 
Super Barcode Training Camp - Wasp Barcode Presentation
Super Barcode Training Camp - Wasp Barcode PresentationSuper Barcode Training Camp - Wasp Barcode Presentation
Super Barcode Training Camp - Wasp Barcode Presentation
 
Software Advice BuyerView: Sales Force Automation Report 2014
Software Advice BuyerView: Sales Force Automation Report 2014Software Advice BuyerView: Sales Force Automation Report 2014
Software Advice BuyerView: Sales Force Automation Report 2014
 
TechTarget Customer Success: McAfee
TechTarget Customer Success: McAfee TechTarget Customer Success: McAfee
TechTarget Customer Success: McAfee
 
Global Supplier Rationalization presentation_BME Symposium_Ben Grudda
Global Supplier Rationalization presentation_BME Symposium_Ben GruddaGlobal Supplier Rationalization presentation_BME Symposium_Ben Grudda
Global Supplier Rationalization presentation_BME Symposium_Ben Grudda
 
Optimising your Payroll Offering to Improve Profitability
Optimising your Payroll Offering to Improve ProfitabilityOptimising your Payroll Offering to Improve Profitability
Optimising your Payroll Offering to Improve Profitability
 
Retail Virtual Modelling
Retail Virtual ModellingRetail Virtual Modelling
Retail Virtual Modelling
 
Accelerate growth with Product Qualified Leads (PQLs)
Accelerate growth with Product Qualified Leads (PQLs)Accelerate growth with Product Qualified Leads (PQLs)
Accelerate growth with Product Qualified Leads (PQLs)
 
Odoo OpenERP 7 POS Retail Management
Odoo OpenERP 7 POS Retail ManagementOdoo OpenERP 7 POS Retail Management
Odoo OpenERP 7 POS Retail Management
 
SPP: 10 reasons to include finance in your sales proposition
SPP: 10 reasons to include finance in your sales propositionSPP: 10 reasons to include finance in your sales proposition
SPP: 10 reasons to include finance in your sales proposition
 
iPuzzlebiz Presentation
iPuzzlebiz PresentationiPuzzlebiz Presentation
iPuzzlebiz Presentation
 
Loyalty
LoyaltyLoyalty
Loyalty
 
Bit120 m01 l05 - customer relationship management
Bit120   m01 l05 - customer relationship managementBit120   m01 l05 - customer relationship management
Bit120 m01 l05 - customer relationship management
 
Identifying and Prioritising CX Requirements - A BPI OnDemand Guide
Identifying and Prioritising CX Requirements - A BPI OnDemand GuideIdentifying and Prioritising CX Requirements - A BPI OnDemand Guide
Identifying and Prioritising CX Requirements - A BPI OnDemand Guide
 

Similaire à 5 essential steps for Chief Procurement Officers to control complex expenditure

SIG Global Summit 2010 - Williams-Sonoma - Beyond the Benchmark Survey
SIG Global Summit 2010 - Williams-Sonoma - Beyond the Benchmark SurveySIG Global Summit 2010 - Williams-Sonoma - Beyond the Benchmark Survey
SIG Global Summit 2010 - Williams-Sonoma - Beyond the Benchmark Survey
Coupa Software
 
Procurement Leaders Forum 2010 - Berkshire Bank - From Concept to Control
Procurement Leaders Forum 2010 - Berkshire Bank - From Concept to ControlProcurement Leaders Forum 2010 - Berkshire Bank - From Concept to Control
Procurement Leaders Forum 2010 - Berkshire Bank - From Concept to Control
Coupa Software
 
NCP - Quality Deal Flow Program CRM 2015
NCP - Quality Deal Flow Program CRM 2015NCP - Quality Deal Flow Program CRM 2015
NCP - Quality Deal Flow Program CRM 2015
Eric Togneri
 
Simplify, Optimize and Secure every Stakeholder Communication
Simplify, Optimize and Secure every Stakeholder CommunicationSimplify, Optimize and Secure every Stakeholder Communication
Simplify, Optimize and Secure every Stakeholder Communication
Centtric
 
Competing in the Digital Economy
Competing in the Digital EconomyCompeting in the Digital Economy
Competing in the Digital Economy
Open Analytics
 
BUS-G03_View Your Excpetional Digital Experience Through the Eyes of Your Cus...
BUS-G03_View Your Excpetional Digital Experience Through the Eyes of Your Cus...BUS-G03_View Your Excpetional Digital Experience Through the Eyes of Your Cus...
BUS-G03_View Your Excpetional Digital Experience Through the Eyes of Your Cus...
Karen He
 

Similaire à 5 essential steps for Chief Procurement Officers to control complex expenditure (20)

Perfect Fit
Perfect FitPerfect Fit
Perfect Fit
 
SIG Global Summit 2010 - Williams-Sonoma - Beyond the Benchmark Survey
SIG Global Summit 2010 - Williams-Sonoma - Beyond the Benchmark SurveySIG Global Summit 2010 - Williams-Sonoma - Beyond the Benchmark Survey
SIG Global Summit 2010 - Williams-Sonoma - Beyond the Benchmark Survey
 
Procurement Leaders Forum 2010 - Berkshire Bank - From Concept to Control
Procurement Leaders Forum 2010 - Berkshire Bank - From Concept to ControlProcurement Leaders Forum 2010 - Berkshire Bank - From Concept to Control
Procurement Leaders Forum 2010 - Berkshire Bank - From Concept to Control
 
Beyond the Hype: Building a Sustainable Supplier Risk Strategy
Beyond the Hype: Building a Sustainable Supplier Risk StrategyBeyond the Hype: Building a Sustainable Supplier Risk Strategy
Beyond the Hype: Building a Sustainable Supplier Risk Strategy
 
NCP - Quality Deal Flow Program CRM 2015
NCP - Quality Deal Flow Program CRM 2015NCP - Quality Deal Flow Program CRM 2015
NCP - Quality Deal Flow Program CRM 2015
 
DIGITAL DAIRY MANAGEMENT
DIGITAL DAIRY MANAGEMENT DIGITAL DAIRY MANAGEMENT
DIGITAL DAIRY MANAGEMENT
 
B2B Health Check: 5 Steps to eCommerce Fitness [WEBINAR]
B2B Health Check: 5 Steps to eCommerce Fitness [WEBINAR]B2B Health Check: 5 Steps to eCommerce Fitness [WEBINAR]
B2B Health Check: 5 Steps to eCommerce Fitness [WEBINAR]
 
Delivering value with bpm
Delivering value with bpmDelivering value with bpm
Delivering value with bpm
 
Perfect Your Touchless Invoicing
Perfect Your Touchless InvoicingPerfect Your Touchless Invoicing
Perfect Your Touchless Invoicing
 
Introduction to CollectPro
Introduction to CollectProIntroduction to CollectPro
Introduction to CollectPro
 
5 steps to a profitable ecommerce business webinar
5 steps to a profitable ecommerce business webinar5 steps to a profitable ecommerce business webinar
5 steps to a profitable ecommerce business webinar
 
Business Stimulus Program
Business Stimulus ProgramBusiness Stimulus Program
Business Stimulus Program
 
Simplify, Optimize and Secure every Stakeholder Communication
Simplify, Optimize and Secure every Stakeholder CommunicationSimplify, Optimize and Secure every Stakeholder Communication
Simplify, Optimize and Secure every Stakeholder Communication
 
Simplify, Optimize and Secure every Stakeholder Communication
Simplify, Optimize and Secure every Stakeholder CommunicationSimplify, Optimize and Secure every Stakeholder Communication
Simplify, Optimize and Secure every Stakeholder Communication
 
Competing in the Digital Economy
Competing in the Digital EconomyCompeting in the Digital Economy
Competing in the Digital Economy
 
How to enhance cx through personalised, automated solutions
How to enhance cx through personalised, automated solutionsHow to enhance cx through personalised, automated solutions
How to enhance cx through personalised, automated solutions
 
Technology as a Driver for the Chemical Enterprise Sage X3
Technology as a Driver for the Chemical Enterprise Sage X3Technology as a Driver for the Chemical Enterprise Sage X3
Technology as a Driver for the Chemical Enterprise Sage X3
 
Finding Hidden Dollars
Finding Hidden DollarsFinding Hidden Dollars
Finding Hidden Dollars
 
Building a Successful Cloud and Mobility Practice
Building a Successful Cloud and Mobility PracticeBuilding a Successful Cloud and Mobility Practice
Building a Successful Cloud and Mobility Practice
 
BUS-G03_View Your Excpetional Digital Experience Through the Eyes of Your Cus...
BUS-G03_View Your Excpetional Digital Experience Through the Eyes of Your Cus...BUS-G03_View Your Excpetional Digital Experience Through the Eyes of Your Cus...
BUS-G03_View Your Excpetional Digital Experience Through the Eyes of Your Cus...
 

Dernier

Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers:  A Deep Dive into Serverless Spatial Data and FMECloud Frontiers:  A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
Safe Software
 
Why Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businessWhy Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire business
panagenda
 

Dernier (20)

Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
 
🐬 The future of MySQL is Postgres 🐘
🐬  The future of MySQL is Postgres   🐘🐬  The future of MySQL is Postgres   🐘
🐬 The future of MySQL is Postgres 🐘
 
GenAI Risks & Security Meetup 01052024.pdf
GenAI Risks & Security Meetup 01052024.pdfGenAI Risks & Security Meetup 01052024.pdf
GenAI Risks & Security Meetup 01052024.pdf
 
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, AdobeApidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe
 
Artificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : UncertaintyArtificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : Uncertainty
 
Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)
 
Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...
 
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers:  A Deep Dive into Serverless Spatial Data and FMECloud Frontiers:  A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024
 
Why Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businessWhy Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire business
 
Real Time Object Detection Using Open CV
Real Time Object Detection Using Open CVReal Time Object Detection Using Open CV
Real Time Object Detection Using Open CV
 
presentation ICT roal in 21st century education
presentation ICT roal in 21st century educationpresentation ICT roal in 21st century education
presentation ICT roal in 21st century education
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected Worker
 
Boost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdfBoost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdf
 
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost SavingRepurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
 
2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...
 
A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)
 
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
 
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemkeProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
 
Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...
Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...
Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...
 

5 essential steps for Chief Procurement Officers to control complex expenditure

  • 1. 5 Essential Stepsto Controllingyour Complex Expenditure
  • 2. How much do you spend on complex products and services? Such as: • marketing services • print & packaging • signage & exhibitions • uniforms & apparel • office supplies • gifts & premiums
  • 3. How much did you spend today? How much did you spend today… …across your business… …on complex products & services… …locally, nationally or globally?
  • 4. Are you a victim of the manual menace? 80% of businesses use online search, phone & email to source complex products & services
  • 5. Results: Lack of Visibility & Control Who do we buy from? Are we getting value for money? Who is buying what? How much do we spend? How can we save money? We need data to make better decisions!
  • 6. Why Fix this Problem? Because its >20% of your expenditure
  • 7. 5 Steps to Controlling Your Complex Expenditure Gain visibility Get control Deliver savings Improve efficiency Add more value
  • 8. 1. Gain visibility Deploy an easy to use cloud spend management platform Drive adoption & usage across categories & businesses Capture line item data for every transaction a b c ✔
  • 9. 2. Get Control Centrally control localized buying Standardize & aggregate demand Consolidate & rationalize supply a b c ✔
  • 10. 3. Deliver Savings Leverage commodity spend for volume discounts Increase competitive bidding for custom spend Minimize errors, waste & obsolescence a b c ✔
  • 11. 4. Improve Efficiencies Automate source-to-settle processes Streamline across supply chain Release experts from admin to add value a b c ✔
  • 12. 5. Add More Value Reduce time to market Focus on business goals Improve customer satisfaction & supplier alignment a b c ✔
  • 13. Global Pharma: Case Study Yr1: 22% Cost Saving Visibility & Control Deploy cloud spend Management platform Drive Adoption & Capture transactional data Centrally control spend Commoditize & compete for custom spend Yr2: Savings & Efficiencies Leverage demand Consolidate Supply Minimize waste Yr3: Add More Value Reduce time to market Streamline source-to-settle process Monitor live data
  • 14. About Claritum Cloud spend management platform Specializing in frequently ordered, low cost products & services 150,000 users in 35 countries rely on Claritum to manage US$200m expenditure per year
  • 15. So what’s next? Click Here to Download the White Paper: Gain Visibility & Control of Your Complex Expenditure Download White Paper Click Here to sign up for a Personalized Demo Sign Up for a Demo
  • 16. Thank You Find out more at: www.claritum.com James Samuels, Founder & CEO, Claritum