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How to Reinvest to Reinvent: The Case for Intelligent Source to Pay

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Transforming the source to pay process is the key to ensuring the continued success of you and your team. And it forges the growth filled digital path ahead for your company.

With intelligent source to pay, CFOs can uncover the value needed for growth.

Published in: Business
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How to Reinvest to Reinvent: The Case for Intelligent Source to Pay

  1. 1. TODAY’SCFOSARE INNOVATORSAND DISRUPTORS. 77% of CFOs are heading up efforts to improve efficiency through adoption of digital technology. Copyright © 2019 Accenture; All rights reserved.
  2. 2. AS STRATEGISTS IN THEIR NEW ROLE, Copyright © 2019 Accenture; All rights reserved. 81% of CFOs see Identifying and targeting areas of new value across the business as one of their main responsibilities. they’re under pressure to show sustainable growth.
  3. 3. WHATIFYOUCOULD CREATEAMORE INTELLIGENTBUSINESS, REDUCEOPERATINGCOSTS ANDCARRYOUTYOUR DIGITALAGENDA? Copyright © 2019 Accenture; All rights reserved.
  4. 4. ENTER: SOURCE-TO-PAY Copyright © 2019 Accenture; All rights reserved.
  5. 5. GENERATE FUNDS BY Copyright © 2019 Accenture; All rights reserved. optimizing source-to-pay with digital advancements, leading the innovation journey for the business.
  6. 6. SOURCE-TO-PAYIS ANEND-TO-END REINVENTION. Copyright © 2019 Accenture; All rights reserved.
  7. 7. of addressable spend, optimizing source-to-pay can drive up to Thevalueisenormous: Copyright © 2019 Accenture; All rights reserved. FOR EVERY $1B $124M IN SPEND REDUCTION.
  8. 8. WHAT’S WORSE, WE’VE FOUND A 5X MULTIPLIER Copyright © 2019 Accenture; All rights reserved. FROM AVERAGE 61% 7.7% 51% $24M $39.3M $510M $24M Impact on $1B addressable spend SPEND SAVING COMPLIANCE TO HIGH PERFORMANCE 89% $124M 15% $139.5M 93% $930M $124M WITH ACCENTURE: CATEGORY SPECIALISTS MARKET INTELLIGENCE CLOSED-LOOP PROCESS Impact on $1B of addressable spend between a disjointed source-to-pay process and a holistic one.
  9. 9. IFYOUTRANSFORM THESOURCE-TO-PAY PROCESSYOUCAN… Become a more efficient & intelligent function, and fuel your digital transformation agenda beyond procurement & finance. Copyright © 2019 Accenture; All rights reserved.
  10. 10. ALONGTHEJOURNEY TOINTELLIGENT PROCUREMENT,YOU’LL: Continue to break down silos between finance, procurement and supply chain. Empower your people with digital advancements like automation and touchless requisitions. Copyright © 2019 Accenture; All rights reserved.
  11. 11. Copyright © 2018 Accenture. All rights reserved. 12 ANDWHENYOU’VE REACHEDYOUR DESTINATION,YOU’LL: Capture 5x savings to add to the bottom line or fuel your digital agenda Increase complianceFoster collaboration across procurement, finance and stakeholders Deliver simpler, more intuitive buying Copyright © 2019 Accenture; All rights reserved.
  12. 12. Copyright © 2018 Accenture. All rights reserved. 13 Copyright © 2019 Accenture; All rights reserved. THEVALUEOF REINVENTING PROCUREMENTIS MULTIFACETED. Copyright © 2019 Accenture; All rights reserved.
  13. 13. Copyright © 2018 Accenture. All rights reserved. 14 Copyright © 2019 Accenture; All rights reserved. and the transparency needed to make better decisions. LEADERS GET MARKET INTELLIGENCE
  14. 14. Copyright © 2018 Accenture. All rights reserved. 15 BUDGET HOLDERS STOP SEEING PROCUREMENT AS A HINDRANCE Copyright © 2019 Accenture; All rights reserved. and start seeing it as a provider of value that enables them to get things done.
  15. 15. Copyright © 2018 Accenture. All rights reserved. 16 When and where they need it with Amazon-inspired experiences. Copyright © 2019 Accenture; All rights reserved. EMPLOYEES FIND WHAT THEY NEED
  16. 16. Copyright © 2018 Accenture. All rights reserved. 17 Transforming the source-to-pay process is the key to ensuring the continued success of you and your team. And it forges the growth-filled digital path ahead for your company. WITH INTELLIGENT SOURCE-TO-PAY, CFOS CAN UNCOVER THE VALUE NEEDED FOR GROWTH. Copyright © 2019 Accenture; All rights reserved.
  17. 17. Copyright © 2018 Accenture. All rights reserved. 18 START BUILDING YOUR BUSINESS CASE TODAY www.accenture.com/intelligentprocurement Copyright © 2019 Accenture; All rights reserved.

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