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Spend Management

Spend Management is a key component of competitive advantage for companies with increased focus on cost and compliance. In recent years, companies have increasingly outsourced this function in entirety or taken the access to a hosted SaaS (Software as a Service) model, rather than invest in building a world class spend management capability in-house. BNKe's Spend Management Solution improves end to end  procurement efficiency, leads to better management of spend categories and reduce operational cost. Our solution provides improved visibility and efficiency in non-core tasks without any loss in control.

BNKe's Spend Management solution offering caters to both Direct Procurement as well as Indirect Procurement and is unique in several ways:

  Managed Services Include One-Time As Well As Recurring Activities Ensuring Superior Customer Satisfaction
  Access to World Class Ariba Platform Used By Many Fortune 500 Companies
  No Initial Investment or Customer Setup Fee

Indirect Procurement-"Source-to-Pay"

BNKe's Indirect Procurement offering covers all aspects of 'Source to Pay' including Strategic Sourcing. Some of the goals accomplished by clients by partnering with BNKe include :

  Lower Spending on Indirect Goods
  Access To Increased Number of Suppliers
  Access To Time Tested World Class Ariba Platform
  Lower Personnel Costs
  Improved Employee Productivity
  24X7 Access to a Helpdesk

BNKe’s process expertise extends to activities like cataloguing, procurement helpdesk, contract compliance and more.
 

Direct Procurement-"Procure-to-Pay"

BNKe's Direct Procurement offering is transaction oriented with a focus on the "Procure-to-Pay" process. Direct Procurement is primarily driven by :

  Contract Terms for Manufactured Products
  Changing Demand
  Product Configurations
  Design Factors
  Complex Quotation Processes
  Supplier Capacities
  Focus on Supply Chain Management

Activities like raising purchase orders, contacting suppliers, ensuring compliance to contracts, tracking deviations can be performed by BNKe while our customers retain control and visibilty.

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