Atlantic introduction
•Download as PPT, PDF•
0 likes•179 views
SmartStep “ a compelling business case” Atlantic Business Resources delivers high visibility of spend for your company. It is likely that current information road blocks are directly affecting the Profitability of your Company. Increasing spend visibility will allow your employees to increase the efficiency of their operations between 12% and 35% in certain areas. This visibility can be provided at potentially no cost. Provided with no risk. Provided with minimal effort from your part. Provided in one billing cycle Our objective is to provide our clients with sustainable cost reductions and effective cost management insight by utilising innovative procurement solutions. Your project will be tailored specifically to ensure that you benefit from a structured and predictive savings delivery model which will identify, advise on, and provide implementation of commercial changes to improve your profitability and cash flow. These objectives can be met through an Atlantic ‘SmartStep’ Project: You can either choose to engage Atlantic to deliver our commercial advantage or we are happy to train your staff to use our suite of software tools and they can identify and deliver them independently. Irrespective of your choice, you can expect our primary focus to be to deliver improved business agility and performance.
Recommended
More Related Content
Similar to Atlantic introduction
Similar to Atlantic introduction (20)
Recently uploaded
Recently uploaded (20)
Atlantic introduction
- 1. Unique Budget Insight, Management and Procurement Services……… …… .featuring high levels of client control in an affordable subscription based model S mart S tep Projects
- 2. ....our methodologies could identify immediate and permanent savings of 15%-20% in areas of your indirect spend
- 3. Invisible InDirect Spend Costs Recovered ... 20%
- 4. ...... A majority of businesses have crucial spend information shortfalls......... Consider Aberdeen Group Spend Analysis Benchmark Report 2007 Sixty percent of organisations currently rely on manual tools to collect and analyze spend data ………….resulting in limited spend visibility and the inability to improve cost savings
- 6. The root of the problem expertise Information Bottlenecks Senior Management Negotiates Contracts “ Shop Floor” Implements
- 7. Information Bottleneck The root of the problem 1 expertise
- 8. Information Bottlenecks The root of the problem 2 expertise
- 9. Information Bottlenecks The root of the problem …… . Management information relying upon home-grown spreadsheet models and varying levels of employee skill sets....... 3 expertise
- 10. The root of the problem Result ? expertise
- 11. prose If you recognise any of these symptoms.......
- 12. Bespoke “cash flow neutral” solutions to plumb the depths of your data and extract maximum commercial gain........ .....Atlantic Provides
- 13. …… . Our objective is to deliver significant cost reductions and effective cost management insight e.g. Information Free Flowing Information Bottlenecks
- 15. Step 1 The process.... and re state the information........ we extract your data ...
- 16. ....in Step 2 ..... . we turn this
- 17. .....Into ....... visual representations for “real time” commercial analysis.....
- 18. ...by utilising A suite of project tools
- 19. ....to extract ......“exactly what we need” to produce relevant and timely data views
- 20. ..... Identified opportunities for commercial gain from cost savings and improved efficiency....... ....leading to
- 21. .... from the following deliverables
- 22. ... which are implemented via a structured project....... Of What By When
Editor's Notes
- SmartStep “ a compelling business case” Atlantic Business Resources delivers high visibility of spend for your company. It is likely that current information road blocks are directly affecting the Profitability of your Company. Increasing spend visibility will allow your employees to increase the efficiency of their operations between 12% and 35% in certain areas. This visibility can be provided at potentially no cost. Provided with no risk. Provided with minimal effort from your part. Provided in one billing cycle Our objective is to provide our clients with sustainable cost reductions and effective cost management insight by utilising innovative procurement solutions. Your project will be tailored specifically to ensure that you benefit from a structured and predictive savings delivery model which will identify, advise on, and provide implementation of commercial changes to improve your profitability and cash flow. These objectives can be met through an Atlantic ‘SmartStep’ Project: You can either choose to engage Atlantic to deliver our commercial advantage or we are happy to train your staff to use our suite of software tools and they can identify and deliver them independently. Irrespective of your choice, you can expect our primary focus to be to deliver improved business agility and performance.
- Whatever the final percentage of savings delivered whether from historical audits for cash recovery, consumption reduction methodologies or from improved purchasing power- every penny saved ‘falls directly onto the bottom line’, and we PROVE them too!
- Whatever the final percentage of savings delivered whether from historical audits for cash recovery, consumption reduction methodologies or from improved purchasing power- every penny saved ‘falls directly onto the bottom line’, and we PROVE them too!
- Our experience dictates that many procurement and finance professionals spend an inordinate amount of time collating data from many different sources before engaging suppliers to re-negotiate rates. This means a lot of time not ‘acting’ upon information, rather they tend to gather information. Few of those professionals have the time to then validate the anticipated savings and contract conformity post-contract negotiation. Innovative firms have been investing in technologies to improve the visibility and usefulness of their financial data. In the 1990’s organisations implemented a hybrid solution, integrating financial software systems such as Oracle and SAP that includes specific tools dealing with spend analysis and resource management with general-purpose business intelligence tools. The finance-specific tools are supposed to perform dedicated functions , and the general-purpose tools are supposed to enhance the financial data to produce additional intelligence.
- In excess of 80% of businesses experience many of these symptoms… SmartStep is not merely as a backward looking spend “analysis” tool but a tool designed to help procurement and finance professionals make better decisions now and in the future. As a starting point, SmartStep covers the historical spend analyses in every dimension such as by supplier, by department, and by category and many more. The analyses are presented in easy-to-understand reports and charts but for users who wish to dig deeper or perform detailed studies of spend usage or patterns, SmartStep’s powerful integrated business intelligence tools empowers the users to get the detailed information they seek in a few mouse clicks. Beyond spend analysis, SmartStep is a decision-support tool helping procurement and finance managers better manage their supplier relationships by, for instance, optimising their payment patterns in a strategic way to benefit their supplier relationships
- Atlantic SmartStep is designed to offer a subscription-based solution to many business problems, delivering maximum value in the shortest possible time, all agreed through a structured plan bespoke to each client.
- Atlantic SmartStep is designed to offer a subscription-based solution to many business problems, delivering maximum value in the shortest possible time, all agreed through a structured plan bespoke to each client.
- Granular level reporting is important to allow a fast, informed decision-making environment. A suite of bespoke interactive reports designed to allow users to ‘slice-and dice’ information in real time, collate data in split-seconds and have the utmost confidence. We provide a web-based, customisable suite of applications which provides our clients with forward-looking, decision-support and empowerment solutions In just over 50% of cases clients retain the incumbent suppliers – maximum gain, zero disruption
- We extract your data….. Normally Atlantic clients send us a simple excel file, but the file can be in any format. The data mapping, data cleansing, and data handling for spend and price data is handled by our servers. This part utilises a lot of tools and applications. Ease of installation of software -on a par with Acrobat reader. The client-side software must be installed on each licensed machine. For comparison purposes, the complexity of installation of this software is no more than downloading and installing Adobe Acrobat Reader or Google Earth.
- Data is delivered back to the client via web from our server, so you don’t have to worry about it. The data for the client-side software is updated via the web from our server. Client machines requiring access are web-enabled. The frequency of the updates is controllable and obviously these machines do not have to be on-line except when the data is updated. Normal updates are quarterly but more frequent updates can be agreed. This rich client model works swell: instant access and data integrity This architecture is the ultimate in interactive controllability because data is on the local machine for instant access and use but preserves complete control and data integrity as the master data is on a hosted server
- We utilise a number of ‘best of breed’ applications to maximise value for our client. Our clients are always in control and can choose to engage with all or just one of these ‘enablers’
- Many sets of information………’sliced and diced’ in real time….. Simple or complex delegated authority structures can be modelled to insure that the organisation’s rules for spend approval limits and processes are adhered to. Delegated authority encompasses the limits of any individual person to do anything? E.g. right to buy, sign a contract. So, in procurement how much can a given buyer buy without needing further approval, before needing more authority? So, we can help them by showing any breaches of the limit, because we hold the data. Now that most organisations link PO’s to invoices so we can show it. The delegated authority only needs to show the buyers and their limits.
- Deliverables…..Contract Compliance. Even where suppliers have agreed to specific contract prices, over time, the actual amounts billed to clients may drift, usually at the disadvantage to the client. The contract compliance module instantly spots over-charges and generates detailed rebate opportunities Deliverables….Budget Forecasting. Built in with powerful scenario analysis tools, finance professionals can model their organisations future spend profiles and better plan and monitor financial budgets. E.g., invoices by date, examine seasonal spend behaviour, does your peak buying occur in x month? Clients can dig deeper to find out why; if it’s persistent you can plan next year’s financial resources accordingly. If you need a cash injection, you can budget for it.
- Your project will be tailored specifically to ensure that you benefit from a structured and predictive savings delivery model which will identify, advise on, and provide implementation of commercial changes to improve your profitability and cash flow. As the client, you will always be in control. If strategically, you wish Atlantic to deliver our budgetary models in a different order to that suggested by our software, we would of course be delighted to.
- Sanity check, challenge supplier relationships, gain enterprise-wide spend visibility, free additional resource, access to increased level of purchasing power, deep market insight
- Sanity check, challenge supplier relationships, gain enterprise-wide spend visibility, free additional resource, access to increased level of purchasing power, deep market insight