Procurement & Vendor Management Outsourcing

The explosion in vendors for every category has made the role of procurement more strategic than ever. Choosing a co-sourcing partner like Premier BPO helps you elevate your procurement and supplier performance.

Why should you Outsource Procurement?

Outsourcing procurement can bring several benefits, including cost reduction in day-to-day processes and improved supplier management through enhanced spend analysis. Outsourcing aspects of the purchasing function can also help you focus on strategic priorities that are business imperatives set by leadership.

We Align to Business Outcomes:

  • Lower sourcing costs
  • Ensure supply-chain resiliency
  • Improve supplier performance
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Procurement Outsourcing Services

Purchase Order Processing

Streamline your PO process from req to approval and fulfilment for improved efficiency and cost savings.

Statusing

Track orders, update status and interact with internal stakeholders as well as external suppliers and shippers.

Invoice Processing & Payment

Reconcile invoices and shipments, approve and authorize payments, while reducing errors and saving time.

Supplier Performance Management

Manage supplier relationships and ensure compliance with procurement policies for better supplier performance.

Spend Analysis

Identify and analyze spending levels to provide insights to decision-makers. Can include accounting functions such as aging, cash flow management and accounts payable.

Manage Technology

Support with configuration and administration of vendor master data management, material master, ERP modules and supplier portals.

Our Approach

Your supplier eco-system and internal policies are unique so we work closely with you to understand your unique business needs and objectives in order to develop a tailored procurement process that helps elevate the procurement function.

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Why Choose Us

We believe in transparency and accountability. We work as a seamless extension of your team and offer proactive insights to help you make informed decisions related to procurement and supplier management. We also pride ourselves on delivering exceptional customer service and support. You’ll always find us responsive.

Not only will we help you accomplish more, but we also help many of our clients enhance quality and improve their business processes, all at significant savings over in-house efforts.

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