Our supply chain management services assist you in increasing resilience, reducing costs, and maximising working capital as supply chains battle new demand patterns, supply limitations, and logistical issues. For supply chain management solutions, Wagnum provides consulting experience, technological know-how, and a large partner network. Planning the supply chain, worldwide logistics, and after-sales services are all included in our offerings. Our supply chain management tools, services, and solutions guarantee the most effective delivery of commodities from suppliers to clients. We do not think that supply chain management should be approached in a one-size-fits-all manner because each supply chain organisation faces unique issues.
Our global network of seasoned, qualified, and professional IT experts is a stepping stone to our success. We recruit industry leaders and train them in the latest IT technologies in real-world scenarios. Our IT professionals' foresight and acumen assist our clients in obtaining customised IT infrastructure within the budgetary constraints.
Protect the enterprise by working with qualified, responsible suppliers and make the experience with procurement easy, so people want to do it.
Beyond just managing spending, release real-time intelligence and insights to integrate all enterprise operations, make better decisions, and multiply value while reducing risk..
Professionals in procurement are facing a more challenging job than ever as a result of inflation and supply chain interruptions. Chief procurement officers (CPOs) are required to reduce spending and costs while also actively managing supplier risks, streamlining cash flow, and improving user and supplier relationships. They can increase enterprise value by developing smooth procure-to-pay procedures that strengthen resilience against economic fluctuations and advance ESG objectives by promoting ethical sourcing methods within their supplier base. You can accomplish all of this and more with the aid of Wagnum's sourcing and procurement team. In order to execute procurement digital transformation, we link people, processes, data, and technology with an emphasis on sourcing, category management, procurement platforms, and target operating models.
source-to-pay analytics that are well-segmented and linked to general ledgers, cost centres, and taxonomies. This transparency provides information, makes demand management and cost-savings options more apparent, and enhances spend compliance monitoring. Working capital optimisation is the targeted examination of payables performance to spot variations in terms of payment and trends of early and late payments. Cost modelling is a comprehensive examination of all direct and indirect purchases made by your business that includes benchmark data, cost management, and contract opportunities. Third-party risk management techniques include initial screening, evaluation, monitoring, auditing, and corrective action for suppliers. Buying channel analysis evaluates potential to lower cost of serving by utilising different methods of purchasing particular goods and services. Contract analytics makes use of contract metadata to provide insight into the use of key terms and contract lifecycle management.
Annual category planning: a thorough study of the category that takes into account contract expirations, benchmarking, demand management, and market changes. Thus, a prioritised list of projects for transformation and cost savings is produced. Strategic sourcing: Proactive project execution with strong internal stakeholder alignment to corporate aims and objectives. Spend compliance management: A structured programme to control spending to make sure preferred suppliers are used, working capital is enhanced, and savings are maximised. Management of a supplier's contractual obligations and performance in order to maximise savings and reduce risk Contract management: Keeping track of and managing supplier contracts in a central location for important benchmarks, KPIs, and SLAs Continuous improvement: A programme driven by category management that collaborates with suppliers to find and implement cost-saving opportunities
Purchase requisition solutions help organizations raise and process purchase requisitions, obtain necessary approvals, and dispatch PRs to the procurement department. Purchase order solutions help organizations process purchase requisitions, create purchase orders, obtain PO approvals, and dispatch POs to the vendors. You can issue POs and generate orders automatically from approved purchase requests. Vendor management solutions transform the way organizations work with suppliers. They prevent the exposure of confidential supplier information and offer a great depth of visibility into vendor data and performance. This consistent and accurate vendor data can be analyzed to take strategic sourcing and procurement decisions. Invoice management solutions process, approve, and store invoices securely. Rule-based processing takes care of routing and matching invoices with related order receipts and purchase orders. You can approve your invoices on the go and perform quick three-way matching.
Our third-party risk-based approach uses the most recent advancements in artificial intelligence and machine learning, guided by deep subject knowledge, to safeguard your company. The solution thoroughly screens and rates the risk of current and potential third parties by scouring a variety of rich sources of global intelligence, including compliance databases and open source. It also eliminates false positives through a multi-level review mechanism conducted by a team of risk and compliance experts. Analysis and feedback from the results through machine learning enables the solution to continuously learn, evolve, and reduce the volume of false positives in subsequent screenings. It delivers this information through standard reports, interactive dashboards, and comprehensive audit trails, promoting quick action before trouble occurs – and quick remediation when necessary. In a global economy, new markets emerge and opportunities proliferate. But so do risks. It takes a robust third-party due diligence program to protect your company from third-party risks and minimize regulatory exposure. Protect your company from multimillion-dollar penalties.
Our Procure-to-Pay services cover the full range of accounts payable procedures, including scanning, processing invoices, vendor enquiries, master data management, claims management, and guaranteeing on-time payment while reducing value leakages and boosting vendor and employee satisfaction.
SAP Ariba is a cloud-based procurement, spend tracking, and supply chain management solution that connects suppliers and buyers on a single platform. It provides an all-in-one integrated framework for managing anything from sourcing to payments. Your supply chain, sourcing, and contract management processes are all digitally transformed with SAP Ariba.
Supplier management
Catalog management
Spend management
Purchase order management
Invoice processing
Payment disbursement
Master data
Query management
Employee claims processing
Exception management
VAT accounting and reporting
Period end support
P-card expense management
Early pay discount management
Spend analytics
Procurement insights
E-invoicing implementation / execution
Supply chain finance – execution / support
Invoice receipt
Payment recovery services
Standard payment terms compliance monitoring
Reconciliation
Compliance solutions
Contract compliance analytics
TAX Reclaim Services
TAX Compliance Services
