These services are focused on supporting the day-to-day buying activity that is typically managed by a centralized procurement organization or directly by end users .
Direct Procurement Solutions
- Competitive Analysis
- Strategic Assessment
- Strategic Sourcing
- Supplier Relationship Management
- Category Management
Indirect costs are incurred throughout the business life cycle and typically constitutes 30-60% of an organizations spend. Cost containment services support the goal of any procurement outsourcing arrangement; significantly contribute to a company’s bottom line.
Every additional dollar spent unnecessarily on indirect goods and services is simply lost profit for the company. Organizations aim to reduce the cost of indirect procurement, accelerate sourcing cycle times, improve vendor management, and increases spend visibility through procurement outsourcing.
Indirect Procurement Solutions
- Strategic Assessment
- Strategic Sourcing
- Transaction Processing
- Supplier Management
- Category Management
F&A AP activities include payment for goods and services including invoice processing, resolving discrepancies, addressing defects and responding to vendor inquiries.
We have 24,000 FTEs across the globe supporting AP transaction services for hundreds of corporations. We deliver value through improved cash flow management, increased discount capture and better spend visibility.
In partnership with Rosslyn Analytics, Xerox offers a web-based data analytics platform - proven to deliver a return on investment in just eight weeks.
This assessment tool – ProfitSight - leverages the technology, expertise and best practices developed by Xerox and Rosslyn Analytics to capture and analyze data that helps us provide organizations with actionable insights for change based on current state procurement workflow, spending patterns, and payables.
This vendor screening and management solution includes domestic and international due diligence and risk mitigation services to ensure that your company has the knowledge needed to substantially reduce risk and the costs of managing vendor compliance.
Xerox procurement advisory group has partnered with Global Risk Management Solutions (GRMS) to offer its web-based suite of services as a one source solution for companies to mitigate and manage risk in their supply chain:
- No cost to your company—your external vendors pay the cost of screening services.
- Easy Implementation—your vendor screening program can be implemented in just a few hours.
- Efficient Process—final results delivered within 1 to 3 business days on average.
- Vendor information is graded based on your company’s customizable screening criteria.
- Ongoing insurance certificate management and W-9 tax form verification.
- Assist with international watch list compliance including the federally mandated U.S. Patriot Act and Foreign Corrupt Practices Act (FCPA).