Case Studies
Procure to Pay
A large property management company in the Midwest, whose footprint spans 80+ properties across multiple states, had bought and sold numerous properties over the years.
However, with limited visibility of their growing inventory of properties and services, the company had issues with understanding their full telecom inventory.
Vendor Management and Procure to Pay
- The client was uncertain of what services they had active and an ineffective inventory management process
- Due to the uncertainty of which services were active, they were incurring many late fees
- They were experiencing service quality issues with their vendor and they felt their rates were no longer competitive
Our solution consolidated the vendor management and scaled the procure to pay process around the organization. We focused on renegotiation on key rate elements and essential protective clauses.
We further standardized the vendor ordering process for all technology needs on a location-by- location basis saving the client $200K in their annual telecom spend while reducing their late fee obligations by 80%.
- Inventory Management
- Property Management