IBM® My IBM Site navigation Services & Consulting Services Learn Explore more Procurement consulting and outsourcing services Accelerate your procurement transformation from source to pay, using greater access to powerful data, insights and emerging technologies to empower your teams Seize the opportunity (953 KB) Read the Forrester study 01 Benefits 02 Services 03 Case studies 04 Resources 05 Related solutions 06 IBM Garage See why IBM was ranked a leader in Everest Group PEAK Matrix® for Procurement Outsourcing Service Providers 2020 Register for the report Overview Transform your procurement operations From supplier sourcing through accounts payable, IBM helps transform your procurement organization with enhanced processes to unlock exponential value. IBM's procurement consultants collaborate with clients to create intelligent workflows that combine your procurement team's expertise, exponential technologies like AI and automation, and internal and external data sources — all enabled on your hybrid cloud. By building smarter end-to-end procurement workflows, you can empower employees with powerful insights to do higher value work and transform your procurement strategy. Digitize procurement processes (2.3 MB) IBM Procurement Services Overview (1:51) Benefits Reduce operating costs Reimagine the procurement function with intelligent workflows that hyper-automate, infuse agility and harness exponential technologies, including AI, data analytics and automation, to drive operational efficiencies, cost savings and greater resiliency. Increase spend savings Leverage data within the enterprise and across the supplier network to provide bias-free insights that increase supply chain flexibility and responsiveness and enable real-time changes to negotiate optimal pricing. Improve stakeholder satisfaction Address supply chain responsibility, sustainability and supplier diversity to meet customer and partner expectations, improve supplier relationships and increase speed to value with the use of innovative tools and technologies and strategic sourcing. Procurement consulting and outsourcing services Source to pay services IBM transforms procure-to-pay and financial processes with necessary insights and sourcing intelligence. Digitized processes yield improved productivity, faster results, standardization and a platform for optimizing cost savings and growth — all while elevating the user experience. Work smarter with Source to Pay (2.3 MB) Digital procurement We transform the purchase-to-receive cycle to ensure content is easily available through a single delightful experience, including automated routing of all spend to optimized buying channels. Digitize without replacing applications Invoice to pay We bring procurement and accounts payable together for continuous improvement and apply intelligent workflows and analytics to deliver agile processes infused with deeper insight. Reinvent your back office processes (3.0 MB) Source to pay analytics IBM combines data enrichment with advanced analytics to surface opportunities such as tail spend, catalog and payment terms optimization — maximizing preferred suppliers and leading to more informed decisions. We offer clients advisory services featuring procurement data insights and help achieve cost reduction. Change how procurement teams operate (445 KB) Testimonial We partnered with IBM to … deliver a strategic and tactical procurement operations model. By bringing in our additional parties through change, comms, the power procurement team, and IBM … that gave us kind of a richness of people who had already done it before. - Martin Lee, CPO, KPMG Case studies IBM supports ABB's procurement digitization journey SmartBuy, designed and implemented by IBM, uses SAP Ariba solutions to support the digitization of ABB's procurement processes. This end-to-end purchasing program helps drive business value and provides a fast, intuitive experience for employees and suppliers. Learn more about IBM and ABB IBM reimagines procurement Complicated processes and disparate data sources led to frustrations with the procurement operations at IBM. To improve their approach, IBM developed a procurement analytics platform that is now core to how teams around the world strategically manage their procurement and supply chain operations — optimizing 62 million lead-to-cash transactions annually. Read IBM’s transformation story Resources Working from home is resilient, but is it sustainable in procurement? Matthew Bounds, IBM Senior Partner Procurement Services, discusses the importance of workforce and process resilience, accelerating digital transformation and digital operating models, and building trust virtually to avoid procurement disruption. Read the procurement blog Source to pay 2020: The new normal Graham Wright, IBM Senior Partner Finance and Operations, shares his views on what global procurement and supply chain management professionals can do to stay ahead of the COVID-19 challenge. Read the procurement blog Four steps to build a more transparent and resilient supply chain through risk management IBM supply chain experts discuss how to develop a comprehensive risk management strategy using data management technologies that monitor the supply chain, measure risks, build visibility and improve resiliency. Read the Smarter Business Review blog Related solutions Finance consulting and outsourcing services Leverage the right combination of people, process and technology to transform your finance function and discover new ways of working. Explore IBM finance consulting services Supply chain consulting services Build resilient, sustainable supply chains that prepare your business for the future of work, create greater transparency and improve employee and customer experiences. Learn about IBM supply chain consulting SAP Ariba solutions Improve your source-to-pay processes with procurement solutions from SAP Ariba and IBM Watson. Explore IBM’s SAP Ariba solutions Risk management consulting services Manage risk, optimize compliance, drive cost reduction and navigate change. Discover IBM risk management consulting services Co-create with IBM Garage Ideate, build, measure, iterate and scale solutions seamlessly with our end-to-end framework of design thinking, agile and DevOps practices. Achieve speed-to-value and adopt breakthrough technologies through the partnership created with your team and a diverse set of IBM experts in business, design and technology. 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