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Digital Transformation

Technology Assessment

As a technology agnostic advisor, our experience and expertise allows us to be objective, ensuring that our clients implement the best technology to support their business.
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Ensuring that the Solution Aligns with the Business Through a Technology Assessment

An Independent Technology Assessment Goes Well Beyond Just “Cool” Features or “Robust” Functionality

At Velocity, we’ve seen many clients successfully transform their procurement technology using both ‘best-of-breed’ and ‘fully-integrated’ solution-approaches. It’s this experience that puts Velocity in a unique position to guide companies on their digital transformations.

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Our Technology Assessment process provides your business guidance, management, tools, and implementation services for your procure to pay digital transformation

Technology Transformation Phases

1

PLAN
Develop business case, solution options and timing

2

ACQUIRE
Formal needs analysis and comprehensive sourcing effort

3

IMPLEMENT
Solution module configuration and technical integration

4

DEPLOY
Focus on change management, training and ongoing support

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A Strong Foundation For Digital Transformation Starts With A Well-Defined Plan

We deploy technology experts that utilizes an effective model for conducting a formal needs analysis and fit/gap assessment, including a detailed business case leading to a comprehensive plan to technology change.
CURRENT STATE

Baseline understanding of current people, process, and technology

  • Current Process Documentation
  • Technology Review
  • Culture Mapping
OBJECTIVES

Review of desired results from a technology initiative and strategic alignment

  • Areas of Focus / Desired KPIs
  • Known Risks
  • Definition of Success
FUTURE-STATE

Applying best practices and industry experience to develop recommendations

  • Best Practices
  • Risk Identification
  • Customer Experiences
ROADMAP

Documentation of the combined future strategy accompanied by a change plan

  • Process Maps
  • Risk Mitigation
  • Change Management
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Alignment of Business & Technology

Velocity Procurement engages a detailed approach, using deep subject-matter and product experts, to align best practices in procurement automation to client business requirements, maximized by team-based collaboration and technical evaluations.

Establishing the vision and plan is essential to understanding where you’ve been and where you are going is critical – too many companies focus purely on short-term needs, such as features and functionality.

Getting the leadership, stakeholders and key users on-board early in the program will ensure all the needs of the business are addressed and optimal adoption has a real opportunity to be realized.

Have each short-listed provider produce and perform a “real” conference room pilot vs ‘canned or cookie-cutter’ solution demonstrations.

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Procurement Potential
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484-406-5678

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