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.

Ensuring that the Technology Aligns with the Business

Procurement Technology Selection 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.

Technology Assessment

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

Ready to begin your Procurement transformation?

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

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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