Is your procurement function helping the business keep pace with digital disruption? Is it delivering speed, innovation, and competitive advantage? How will bots impact procurement? Third parties are critical to keep pace in today’s world, and an effective procurement organisation can help your business better prepare for the future.

KPMG’s procurement consulting group has helped procurement organisations in China transform to keep pace as value-add business partners. We support them through every step along the journey – creating their vision, developing their strategy, executing their plan, and making it stick.

Phil Yu

Partner, Technology Consulting

KPMG in China

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Our approach addresses the full range of underpinnings that enable procurement to strategically support the enterprise’s growth and competitive objectives:

Design strategy and implement a robust operating model
Get spend management under control
Improve collaboration with and management of suppliers

Institutionalise a third-party risk management program
Create a robust talent management program
Leverage the right technology for speed and effectiveness

Whether employed for full-scale transformation or targeted improvements, KPMG’s procurement consulting group will help you drive meaningful benefits across your enterprise.

Digital Procurement Solution
Strategic Category Management
KPMG Powered Transformation
Data Driven Procurement

Digital Procurement Solution

Corporates are facing challenges in their procurement management, especially the manual handling, lengthy approvals, complex reconciliation, and uncontrollable payment cycles in the "Source-to-Pay" (S2P) process, as well as the lack of integration with other business functions and systems. This results in inefficient processes and excessively high transaction costs, and hence hindering the effective supplier management, transparent expenditure control, and therefore diminish the benefits of strategic sourcing.

The collaboration between KPMG and Coupa assist corporate in transforming the S2P processes to deliver greater strategic value, improve process efficiency, reduce management costs, and increase cash flow. Through this partnership, we help corporates benefit from adopting a user-friendly and evolving SaaS solution, which fosters user adoption, enhances management oversight, and achieves higher visibility into corporate spend.

KPMG and Coupa Alliance

The procure-to-pay (P2P) process is challenged with manual processes, lengthy management approvals, reconciliations, and payment cycles, and a general lack of integration with other business processes and systems resulting in inefficiencies and high transaction costs. Lack of management visibility into these processes can inhibit effective supplier management, weaken spending controls, and limit the benefits of strategic sourcing.

KPMG’s alliance with Coupa enhances our ability to help clients transform their P2P processes to add strategic value, increase process efficiencies, reduce costs and improve free cash flow. Together we enable organizations to realize the benefits of a user-friendly procurement application that encourages adoption, increases management oversight and enables greater visibility into corporate spending.

KPMG Powered Evolution | Learn more about Coupa

Strategic Category Management

Use deep supply market insights and predictive analytics to support integrated business planning.

What does category management do for you today? Probably not much. Being a leader in category innovation is about supporting the organisation to deliver the most optimal commercial model for the organisation and acting ahead of the market as opposed to reacting to the market.

In the procurement organisation of the future, the emergence of big data and analytics allows insights for category managers that have not been available before. The organisation must have the right systems, processes, and people in place to know how to maximise the value. Only then can intelligent automation provide on-demand insights that will assist with forecasting, demand planning, and should-cost modelling.

Category innovation is needed to unlock untapped value through:

Automation of tactical activities
Data and analytics to develop and support strategies, inform decisions, and drive action
Predictive AI to forecast changes and monitor indicators
Deep insights which provide supply market knowledge into business strategies
Driver-based category demand and costs which to link to business activities
A disruption-seeking approach for step-change performance improvement and supplier engagement.

KPMG Powered Transformation

Unlock the potential of your procurement transformation with KPMG's accelerated processes and pre-built target operating model.

Powered Procurement uses pre-configured cloud technology to help you answer questions such as:

How can procurement help unlock transformation?
Can I be a better partner to my business?
How do I move away from a mix of models and processes?
Can I drive value with richer spend analytics?
What is the best way to make change happen smoothly?

What's in the box?

Powered Enterprise Procurement provides a formidable combination of leading practices and processes, proven technology solutions and a next-generation delivery framework.

Powered Operating Model - shapes how transformation plays through every layer of your organization.
Powered Execution Suite - is an integrated platform of next-generation tools to deliver functional transformation.
Powered Managed Services - provide access to specialized resources to drive continuing change.

Powering what comes next

Our truly integrated Powered Procurement solution offers:

A jump start to the digital transformation of your procurement function
Immediate access to leading procurement practices
Validated data and analytics solutions with proven real-world usability
Reduced processes and enhanced ROI
High-touch change management and employee experience
A solid platform for continuing evolution and progress

Data Driven Procurement

Data and analytics are among the cornerstones of the future of procurement and provide the foundation for enabling supplier-centricity, customer-centricity and category innovation. In the procurement organisation of the future, previously disparate and fragmented data sources will be seamlessly integrated to deliver easily digestible and accurate data points. Procurement professionals may be the resident data scientists delivering powerful, real-time and accurate insights to make better decisions. Integration amongst functional silos can pave the way towards rich analytics, allowing the organisation to shift from:

descriptive to predictive
did-cost to should-cost modelling
auditing to proactive compliance monitoring to mistake proofing
reactive sourcing to automated sourcing and bid evaluation.

Category managers will likely utilize on-demand category insights, and real-time supplier risk segmentation based on internal and external (social media, news feeds, etc.) intelligence will be employed. Further, embedding of subscription services may help drive data accuracy and richness.

Explore our client stories

We helped a major internet ride-sharing company implement Coupa based on a single, streamlined, and user-friendly P2P process.

We helped a global leading healthcare provider transform procurement organisations across 14 countries in Asia Pacific.

We helped a global leading supplier of the automotive industry to reduce procurement cost.

Explore more

Explore eight key questions on energy transition investment and the organizations shaping the future of energy.

Procurement Consulting

Phil Yu

Design strategy and implement a robust operating model

Get spend management under control

Improve collaboration with and management of suppliers

Institutionalise a third-party risk management program

Create a robust talent management program

Leverage the right technology for speed and effectiveness