Service Offerings
Strategic Sourcing:
Satyam’s consultants have collective experience of sourcing many US$ Billions in both direct and indirect material, achieving savings of several US$ millions for clients in different parts of the world. Satyam has a proven strategic sourcing methodology backed by extensive database of RFIs, RFPs, specific category and industry overviews, category analyses, sourcing strategies and programs.
While this methodology has proven effective at achieving significant and sustainable benefits for our clients, we recognize that not all situations are conducive to a comprehensive approach. We, therefore, employ alternative sourcing techniques such as fast track sourcing, one-on-one or sole negotiations, spot buys and reverse auctions wherever required.
Satyam has a well-proven package evaluation methodology, which is used for evaluating the various readily-available eSourcing and eProcurement packages in the market. We have developed detailed operational and technical business cases of these applications which help us to map the client’s business processes and requirements with the capabilities of the product. We do not, however, promote a single sourcing/procurement platform or a supplier.
Sourcing Support & Analytics:
Clients can benefit from Satyam’s experience in managing eSourcing(RFX process) & Reverse Auctions events for various customers in different domains handling variety of categories saving millions of Dollars. Satyam has capability in various eSourcing tools such as Ariba, emptoris, Frictionless etc.
In addition to this, clients can enjoy the cost benefits achieved from the Onsite-Offshore delivery model where bid analysis, reporting, supply market intelligence come from Offshore while event preparation, formalizing negotiation strategy and interacting with suppliers will be done Onsite from the client location.
Procurement Operations:
Satyam has People, Process and Technology to address the modern day challenges of the downstream procure to pay operations. Strong domain knowledge and execution expertise of core procurement operation processes have enabled clients to streamline processes, reduce transaction cost and realize faster ROI on their investments. Satyam can provide a modular, scalable service model which can be delivered through an onsite-Offshore delivery model. Our Procurement Operations service offering include Requisition Processing, Purchase Order Management, Invoice Management, Contract Management, Tactical Procurement (spot buys) and Accounts Payable.
Spend Analysis:
Spend Analysis helps companies visualize, control and optimize the money they spend. Satyam helps clients in Cleansing, Classifying & Enriching Spend data (direct material and indirect material) which helps Sourcing Managers make informed decisions, which in turn lead to significant cost reductions.
Creating the analytical “cube,” i.e., cutting spend data by business unit, category, region and vendor, forms the foundation of all our work. Satyam not only implements spend analytic tools such as Ariba Analysis, Zycus, and other software but also has experience using these tools for spend analysis.
We also have an in-house Spend Analytics tool called Equazion.
Implementation and Support Services
Satyam has over 3 million person hours of experience in Implementing, Upgrading and Maintaining Spend Management solutions for clients such as:
- Ariba Enterprise Spend Management Suite
- i2 SRM
- Oracle iProcure
- SAP SRM
Satyam has developed Centers of Excellence that focus on managing knowledge, building proofs of concept, training etc., while acting as a Solution Center. The Re-usable components and learnings from previous projects help reduce the implementation efforts and bring benefits to clients in terms of cost and time.
Satyam has partnered and implemented Spend Management solutions to customers across verticals such as Banking & Finance, Energy & Utilities, Manufacturing, Pharma, Retail etc.
Supplier Enablement:
Supplier Enablement continues to be one of the top challenges for procurement professionals. Most companies are facing difficulties in managing the vital supplier information, exchanging business documents automatically and managing the content (catalog of products & services information) of the large supply base.
Satyam has extensively worked on Supplier Enablement programs and understands the complexities involved in enabling, approving and managing complex catalogs and supplier information. Some of the benefits that our customers have achieved include:
- Automated process of catalog submission to publication
- Single source of truth for supplier information
- Improved compliance
- High quality and consistent content
- Define and measure key metrics such as cycle time for catalog enablement, supplier enablement etc.
- Improved supplier relationships
eTendering:
Satyam understands the growing demand for eTendering solutions and the value they bring to large public sector, government, and educational institutions.
Organizations looking for eTendering solutions will benefit from our solution that involves “Timelocked Multiple envelopes bidding”, “Tamperproof Data integrity”, “Secure Bid Process”, “Payment Gateways” etc.
This solution is available both in hosted mode and in the license mode.
Contract Management:
One cannot manage what cannot be seen. Business managers recognize that Agreements and Contracts that are established after great efforts are simply filed and forgotten. These will lead to unnecessary cost and increased business risks. Satyam recognizes these issues and helps customers deploy contract management solutions that involve contract authoring, automatic document generation, compliance administration, secure central repository with event and date-driven email notifications.
Clients will benefit from Satyam’s product knowledge, deep domain expertise on several verticals and Onsite-Offshore delivery model in deploying Contract Management solutions.
