Accenture has developed a robust and iterative model to help companies implement a CLSM approach. Its agility and speed mean they can begin generating value in just a few weeks—while its robustness means they’ll sustain that value over time.
The model has two core elements. The first, spend transformation, focuses on optimizing procurement’s value by re-examining expenditure through a “zero based” lens. The second, new ways of working, looks to bring procurement, finance, and the rest of the business together in a new operating model that uses digital technology and intelligent automation.