Managed services for procurement

Improve efficiencies, accelerate transformation and minimize risk by using third-party resources to operate procurement functions.

Enhance the value from your procurement operations

In today’s fast-evolving markets, many organizations need help in harnessing technologies, talent, and processes to create nimble, scalable business functions including procurement and sourcing. KPMG provides managed services for procurement operations that can accelerate business transformation and assist organizations in capitalizing their investments in technology while minimizing disruption and risk.

We deliver this through KPMG Powered Evolution enabled by Coupa offering to help you go beyond transformation … beyond the back office… beyond cost savings… and beyond technology alone. This package of services and products combines our human capabilities with technologies, insights, leading practices, operational excellence, and strategic alliances.

Our solution helps you define and establish key metrics for transformation success in your procurement operations. The payoff is that we enable you to meet your transformation ambitions, provide you with a springboard for long-term success, and empower you to unleash new levels of strategic value.

The benefits of managed services for procurement

Flexibility and scale: Delivers the agility and bandwidth you need to continue your transformation journey with confidence, while allowing scalability of resourcing to manage changing business and technology priorities
Predictability and cost effectiveness: Provides the right resources just when you need them, and the assurance of predictable ongoing costs
Agility: Maintains agility to respond to the changing business environment, evolving global conditions, and new technology
Speed: Enables improved responsiveness to technology upgrades and allows for faster adoption of new features
Resiliency: Facilitates enterprise resiliency, greater forecasting accuracy and improved shareholder trust

Around the world, businesses are using managed services to accelerate transformation while minimizing disruption and risk.

41%

say their organizations currently outsource more than half of their IT, risk/cyber security, and business performance to managed service providers

80%

expect their organizations to increase spending on managed services over the next 2 years

62%

expect an increase in the need for ESG reporting and transparency services

Source: HFS & KPMG Managed Services Outlook, 4Q 2021

How KPMG can help

Evolving regulatory changes, disruptive technologies, business process advancements and new market opportunities will challenge the status quo. We combine our advanced technology, deep functional and sector expertise, and leading practices to help you take advantage of these changes and drive your business forward. Our suite of managed services can help you by managing and operating a host of procurement activities. KPMG Powered Evolution includes:

Core technology services, from maintenance to upgrades, including case management, scheduled upgrade support, and knowledge management
Technology enhancement services, including configuration changes, data integration, interface services, enhancements, and management of security and controls
Governance across everything we do to manage, control, and plan, including release planning management, change management, and reporting
Procurement services to report, enable, transact, and manage, including spend analytics and reporting, supplier enablement, content management, change management and training, and sourcing support

KPMG really listened to us, took the time to understand our past mistakes and to understand the sensitive culture change issues we faced. Understanding that data is the lifeblood of our organization, and that digitalization is a journey and not a destination. KPMG took over the project, which was in jeopardy of a swift contract renewal deadline. We were impressed with their ability to help our organization change mindsets and the legacy of Procurement even in the midst of unprecedented “COVID-19” restrictions. The KPMG relationship is the main reason we were able to meet and exceed all of our objectives.

Jackson Coco

Director of Treasury, Magellan Midstream Partners

Research, analysis, and actionable insights that address your organization’s critical procurement and outsourcing issues.