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Procurement Analytics for Competitive Edge (procACE)

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Procurement Analytics for Competitive Edge (procACE)
Procurement Analytics for
Competitive Edge (procACE)
Platform Solutions
With growing number of vendors, partners, customers, and intermediaries, managing global procurement
processes efficiently is a critical business need. Disparate data sources, legacy systems, poor data quality, and
strict budgetary constraints present a challenge towards achieving accurate and comprehensive measurement,
monitoring, and management of procurement processes. Organizations, like yours, therefore, look for a solution
which drills deep into the company’s existing procurement data and transforms the data into insights, thus
enabling optimal decisions across procurement operations.
At Tata Consultancy Services (TCS), we understand these needs and offer a flexible, function-rich and highly
user-friendly solution: Procurement Analytics for Competitive Edge (procACE) platform. Our procACE solution
enables you to optimize procurement performance by integrating data from different source systems (beyond
just ERP). The solution provides deep insights to help identify savings opportunities, prioritize spend categories,
rationalize supplier base, and reduce contract leakages, enabling you to reduce procurement costs and enhance
operational efficiency.
Overview
Benefits
Gaining visibility into global procurement operations plays a
significant role in managing multi-stakeholder supply chain
disruptions. Effective business intelligence solutions help enterprises
in getting the right information at the right time, to help them
monitor, identify and respond to these disruptions.
Through the solution, you gain from:
Our procACE offering helps you gain access to enhanced capabilities
for procurement data analysis with a multi-tenant, integrated solution
built on a state-of-the-art platform.
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Improved procurement performance. procACE helps you gain
granular visibility in global spend across geographies, business
units, direct and indirect spend categories, and provides visibility
for intelligent and informed decision making. This enables sourcing
strategies that can lead to significant savings.
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Reduced maverick spend. Our solution provides insights into the
complete purchasing lifecycle. This reduces maverick spend and
plugs contract leakage by analyzing purchase requisitions,
purchasing documents, goods receipts and invoices, and other
transactional data.
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Improved supplier relationship management. procACE helps
identify strategic, preferred, and off-contract suppliers through
detailed reports on supplier parameters. The solution gives a 360degree view of suppliers supporting procurement organization in
developing improvement plans for suppliers.
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Efficient identification of new and rapid savings opportunities.
Our solution helps you identify quick saving opportunities by
assessing savings opportunities, prioritizing them, and planning a
sourcing implementation wave plan.
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Insight into sourcing processes. Our solution helps you
understand the performance of a sourcing process and enables
you to take measures that reduce sourcing cycle lead-time.
The key features of the solution include:
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Comprehensive pre-built reports and dashboards built on a stateof-the-art business intelligence tool.
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Pre-built Data Integration Layer to source data from SAP and JDE
natively, and from other ERPs/legacy applications.
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Data classification and enrichment for supplier and material data.
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Spend analysis consulting by sourcing SMEs.
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Hosted analytics solution with utility-based pricing model.
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Rapid deployment within eight weeks for out-of–the-box content
in procACE.
www.tcs.com
Major ERP Integration Layer
CPO
Buyers
TCS Spend
SMEs
Process Consulting
Information
Access,
Analysis and
Delivery Layer
Dashboards
Spend Analysis
Applications
Layer
Purchasing Manager
• Spend Analysis
• Purchase Price
variance Analysis
Data Security
Operational
Reporting
Ad-hoc
Analysis
Purchasing Lifecycle
Analysis
• Purchase
Requisition
• Purchase orders
• Good receipts
• Invoices
Proactive
Alerts
Web Services
&
Integration
Saving Recommendation
E Sourcing
Analysis
Supplier Analysis
• Supplier Scorecard
• Potential Suppliers
• D&B Scores
• Invoices
• Payment terms
Opportunity Assessment
• Contracts
• RFXs
• Auctions
Multi-Tenant Architecture
Procurement
Planning
• Forecasts
• Inventory
Process based analytics
Role based access
User
Community
Sourcing/Spend SME
Pre-built Reports and Dashboards
Hosted Architecture
An Overview of Procurement Analytics for Competitive Edge ( procACE) Solution
Why TCS
Contact
Our experienced associates have envisioned, developed, and delivered
complex procurement analytics solutions globally, using industryleading practices, technology, and infrastructure. You also benefit
from our:
To know more about TCS Procurement Analytics for Competitive Edge,
contact [email protected]
Comprehensive global platform. Bundling application,
technology, and infrastructure, we give you a complete
procurement analytics solution in managed-services mode. Our
solution has capability in data collection, consolidation, cleansing,
classification, and analysis. We also offer you universal adapters for
integration with multiple source systems.
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Strong domain knowledge. We have SMEs with proven expertise
in Analytics, Business Intelligence software implementation,
Procurement and Knowledge Process Outsourcing. Our associates
not only help you in onboarding you to our automated Analytics
Platform but also help in developing sourcing strategies.
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Modular and scalable solution. As a plug-and-play offering, our
solution gives you the flexibility to adapt to complex changes that
influence business. Our best-practices enabled, pre-configured,
standardized solution easily takes on new functional areas to scale
up as per your business needs.
For more information, visit us at www.tcs.com
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Utility-based pricing. We offer a flexible pricing model, which
allows you to pay as per your usage of the full-service offering that
includes hosting, maintenance, and on-going service delivery. This
helps minimize your capital investment and reduce TCO.
IT Services
Business Solutions
Outsourcing
All content / information present here is the exclusive property of Tata Consultancy Services Limited (TCS). The content / information contained here is correct at the time of publishing. No material from here may be copied, modified,
reproduced, republished, uploaded, transmitted, posted or distributed in any form without prior written permission from TCS. Unauthorized use of the content / information appearing here may violate copyright, trademark and other
applicable laws, and could result in criminal or civil penalties. Copyright © 2011 Tata Consultancy Services Limited
TCS Design Services I M I 08 I 11
About Tata Consultancy Services (TCS)
Tata Consultancy Services is an IT services, consulting and business
solutions organization that delivers real results to global
business, ensuring a level of certainty no other firm can match.
TCS offers a consulting-led, integrated portfolio of IT and IT-enabled
infrastructure, engineering and assurance services. This is delivered
through its unique Global Network Delivery ModelTM, recognized as the
benchmark of excellence in software development. A part of the Tata
Group, India’s largest industrial conglomerate, TCS has a global footprint
and is listed on the National Stock Exchange and Bombay Stock
Exchange in India.
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