Department Solutions

Celonis for Procurement

Every procurement department has an important mission - spending wisely to protect the company's spend and margins. The quality of your procurement processes can change the organization’s exposure to costs.

Mitigate supply risks, maximize purchasing power, and cut costs by centralizing data across source systems, intelligently prioritizing the procurement team’s actions, and streamlining process execution.

procurement bg

Over 620 of the world’s best performing procurement departments run on Celonis

vodafone - procurement
96%
of POs right the first time
accenture - procurement
50%
improvement in request-to-order cycle time

Better outcomes demand better Procurement solutions. Here’s how we help.

Take full advantage of your existing contracts

Highly manual requisition processes, lack of transparency into available contracts, and limited standardization across PR-PO processing - all common, but all too often the reasons why POs go out the door without a referenced contract, leaving money on the table.

During a time when prices are rising, it’s more important than ever to take action to improve spend under management. Identify requisitions without contracts and automatically applying the appropriate contract to ensure the contractual terms, conditions – and prices – apply.

Celonis - Contract Usage V1

Operate with suppliers’ true lead times to improve reliability

Inaccurate lead times in the master data result in delivery date changes by the supplier that cause last-minute sourcing, strained supplier relationships, and in the worst case - delays to production and customer orders. Without a mechanism to assess patterns in suppliers’ on-time delivery, procurement teams are left reacting to crises.

Operate with insight into suppliers’ true performance, leverage intelligent recommendations to correct lead times in the master data, ensuring improved supplier performance.

Celonis - Supplier Reliability V1

Identify value-add steps and eliminate the ones that aren’t

Manual changes to purchase orders, goods receipts, and other documents can be necessary, but without insight into which touches are adding value, it’s challenging to ensure your team is working effectively.

Leverage intelligent insights to identify repetitive price changes, contract reference updates, and other manual touches to take action to improve your first-time-right rate going forward.

Procurement - Automation

Don’t let free-text orders drive up processing costs.

Free-text requisitions typically put the burden on your procurement team to comb through existing contracts, vendors, and catalogs to appropriately direct spend where possible. And where there’s an existing contract available, many systems don’t automatically link it to the PO — leading to POs going out the door without the contracted price or terms.

Leverage free-text analytics to automatically match and reroute free text requisitions to catalog items where possible to maximize catalog usage, improve productivity and streamline procurement processes.

Procurement - Free Text Order
Celonis - Contract Usage V1
Celonis - Supplier Reliability V1
Procurement - Automation
Procurement - Free Text Order

Pre-built applications get you there in weeks.

Procurement - Starter Kit - Process Explorer

Starter Kit for Procurement

Kickstart a focused value journey with ease

Celonis opens up a near-infinite number of use cases for process improvement.

Prioritize the most powerful Procurement use cases for your organization based on the highest potential value and take advantage of guided flows to drive solutioning. Built on our repository of aggregated process knowledge, The Starter Kit helps you connect to your systems, assess improvement opportunities, and get to value that much faster.

Close
Procurement - Starter Kit - Process Explorer
Procurement - Open PR Processing - 1

Open PR Processing App

Control spend with fewer manual steps 

Procurement teams spend hours of manual work to ensure purchase requisitions are using the negotiated contract terms, but the current ways of working are blocking organizations from efficiently and effectively processing PRs.

With the Celonis procurement platform, gain a 360 view of all open PRs, prioritize critical PRs at risk, and assign tasks to resolve in real time, so you can ensure contract usage and boost productivity simultaneously.

Close
Procurement - Open PR Processing - 1

How it works

Data

Integrates real-time and streaming data across systems, desktops, and documents.

Intelligence

X-Rays processes for inefficiencies and recommends improvements.

Action

Fixes inefficiencies automatically and orchestrates your existing technologies.

Meet the only system that…

Unifies all your data in one place

Consolidate data from your Excel, emails, and disparate systems to provide a comprehensive view of spend, buying behavior, and supplier performance.

Pinpoints critical process improvement opportunities

See what exactly is preventing you from controlling spend, policy compliance, and streamlined process automatically, without adding precious time to investigate.

Orchestrates day-to-day operations to deliver results 

Operationalize improvement plans and take action to capture tangible value such as better supplier performance and cost savings.

Process Mining for Dummies Resource Card

Process Mining For Dummies, Celonis Special Edition

Introduction to Process Mining Demo - social sharing meta image

X-Ray Demo: Introduction to Process Mining

Ready to connect with an expert?

Frequently Asked Questions

What is one of the major challenges of sustainable procurement?

There are many industry-wide challenges for sustainable procurement, such as the resources required to evaluate supplier performance. However, one of the greatest issues is disconnected processes. Supply chain managers lack the visibility and improvement knowledge to pinpoint underperforming suppliers and inefficient processes. Process Intelligence can help overcome this major challenge of sustainable procurement.

How can you make the procurement process more efficient?

Improving the efficiency of your procurement process requires objective visibility into how your business runs. Process Intelligence uses process mining to give you that accurate view. This allows you to pinpoint value opportunities such as poor supplier performance, a low touchless order rate, or a high level of at-risk purchase requests. It also gives you improvement knowledge so you can effectively target value opportunities and make the procurement process more efficient.

How do you optimize a procurement process?

The quality of procurement processes directly impacts a business’s exposure to costs. Optimizing any procurement process – such as purchase order processing – requires data to be centralized across source systems. This will increase visibility and allow the procurement team to intelligently prioritize actions and capture tangible value. Procurement process optimization can be achieved using Process Intelligence.

What is the biggest challenge facing procurement today?

Common procurement challenges include time-consuming manual requisitions, a lack of transparency into available contracts, and limited standardization across PR-PO processing. But we believe it all comes down to your processes. Without visibility over your procurement processes, and dependencies across the business, it’s hard to pinpoint wider issues such as bottlenecks and supplier performance. The Celonis platform gives you that business-wide understanding, and helps you take action.

How do you address procurement challenges?

Strategies for overcoming common Procurement challenges mainly come down to improving supplier relationships, communication and tracking. That in turn leads to reduced Procurement costs by negotiating better terms and more efficient deliveries. Celonis Process Intelligence helps you achieve these objectives by giving you greater visibility over all your Procurement operations, pinpointing bottlenecks, miscommunication and underperforming suppliers.

How do you measure the value of procurement?

The value of Procurement can be measured in a variety of ways including cost savings, speed of supply and delivery, sustainability impact, and quality standards. Common Procurement KPIs include request-to-order cycle time, first time right rate of POs, touchless orders, and supplier on-time delivery. Celonis Process Intelligence gives you the real-time, end-to-end visibility to see exactly what’s going on in your Procurement function, and take proactive action to realize value.

How do you measure procurement effectiveness?

Effective Procurement can be defined in terms of delivery lead times, communication time lags, quality of the products supplied, pricing competitiveness, frequency of price changes, compliance with negotiated terms, substitutions made, and the number of back orders. Organizations can make their Procurement processes run more effectively with Celonis Process Intelligence by uncovering bottlenecks and disconnects and identifying improvement opportunities.

Dear visitor, you're using an outdated browser. Parts of this website will not work correctly. For a better experience, update or change your browser.