Proacure helps with Cost transformation for increased profitability and growth. Companies spend more than 50% of their revenues on external suppliers to procure goods and services like raw materials, IT, marketing, facilities, office suppliers, packaging, transportation, travel & expense, etc. Therefore, it is necessary to optimize external spend to achieve Savings. Our expertise lies in providing cost savings on direct/indirect categories through Strategic Sourcing and optimal contract negotiations with suppliers. 1. Spend Analytics - Proacure Solution leverages AI & Human Intelligence to enable a 100% Visibility with 99% accuracy for actionable insights. Enrich the data with supplier ratings, certifications, and parent-child trees for a 360-degree view. The deliverable is a data-driven Strategic Sourcing plan for increased Savings opportunity. 2. Digital Sourcing RFx - We leverage Digital+Data to run Predictive Sourcing events and collaborate with suppliers to negotiate optimal contracts. The deliverables are 7-30% guaranteed Savings with enhanced Compliance. 3. Tail Spend - Our engine categorizes P-card & Tail spend to aggregate with contracted spend, rationalize vendors 40-50% and discover hidden savings 5-20%. Understand requisition patterns, segment the tail and carve out a strategy for Long tail sourcing. The buy-desk helps with low dollar purchases towards a happy stakeholder experience. We help with tactical tasks like contract lifecycle management, supplier discovery & onboarding, etc. The team consists of US-based ex-McKinsey, BCG, GE subject matter experts with analytics/tactical tasks executed from the India delivery center. Learn More about us: www.proacure.com