Our methodology focuses on your company’s maturity in the critical areas of people, process and technology. Every transformation begins with a deep understanding of the customer’s current state. To do this, we engage our Consulting team to conduct process audits and a proficiency assessment. These results help Velocity Procurement produce a gap analysis and identify specific opportunities for improvement with a detailed transformation roadmap.
From there, our consulting and technology experts begin to execute the plan for transformation. Each plan is custom-fit for each client which often includes operational re-design, technology implementation, business processes improvement, strategic sourcing, change management and training delivery. In order to assist clients with sustaining the transformation, Velocity Procurement’s Services team provides flexible out-tasking solutions for technical and operational support.
Provide a clear understanding of the existing state of accounts payable
Compare the current state to the best-in-class practices