MANAGED SERVICE SOLUTIONS
It’s not difficult to see how a single, end-to-end procurement solution would strengthen business operations. A single journey, all the way from initial product or service sourcing through to invoice payments and ongoing supplier management. Cost savings would be achieved and process efficiency would clearly add to the overall business value. So it’s not the vision that is the challenge. The difficulty has always been making it happen.
Each stage of the procurement cycle involves multiple stakeholders, variable processes, questionable practices, unregulated pricing and almost limitless administration. Any value initially attached to a transaction is systematically leached from the business as the process grinds slowly and painfully on wards to an eventual, but unsatisfying conclusion. It’s hardly the thing dreams are made of.
It takes a rare and unique blend of people, technology and process to tackle the complexities of the procurement outsourcing market from end-to-end. Fortunately for our customers and their businesses, Diversify New York has all the talent, technology and processes they’ll ever need. Our customized service solutions are designed and tailored to best match each of our customers’ environments.
How We Help
As the business of business accelerates, so does the process of processing. Time is money. Speed in delivering results is power. From initial supplier contracts to final accounts payable, Diversify New York accelerates the entire buying transaction – across markets, across companies, across borders. The faster and more efficiently a business can process supply chain intelligence and transactions, the more competitive it can become. If it can connect the transaction to the finance department, competitive advantage can only increase.
By developing a single environment for procurement outsourcing, Diversify new York helps synchronize disparate elements of the procurement cycle. Market intelligence and insight are inextricably connected to accounts payable and accounts receivable. We create a single view of the buying cycle so that stakeholders across the enterprise and supply chain are visible, connected, streamlined, and working together.
Togetherness is a word not often attributed to procurement, but Diversify New York’s expertise and proven ability to synchronize sourcing and business objectives creates a cycle of improvement that directly benefits the customer organization again and again.
What We Do
Diversify New York requires collaboration not just between Diversify New York and the customer, but with all associated internal/external stakeholders. Our customers have learned to rely on Diversify’s hands on service delivery and expertise.
Diversify helps support customer needs from the outset, helping define requirements, proposing solutions, implementing changes and managing the change process. At the development stages, we advise on category strategy and provide market insights. At sourcing stages we negotiate contracts for our clients and execute against them. We implement supply chain contracts and maintain ongoing supplier performance management. We handle financial operations including purchase and sales invoicing administration across countries, languages and currencies.
We don’t believe that procurement has to frustrate business. Our advocacy enables business, releasing trapped and hidden profits throughout the enterprise. Procurement Outsourcing creates value in all areas of a customer’s business including: tracked savings to the bottom line, cash-flow improvements, reduced processing errors, streamlined bureaucracy, improved supplier compliance, improved user experience, enhanced service levels and process, as well as product and service innovation. The difficulty is no longer making it happen, it’s how fast you can make it happen.