HP Procurement Services

Boost margins with proven global spending strategies

At-a-glance

Turn procurement challenges into competitive advantages with comprehensive solutions from HP. We offer world-class capabilitiesincluding category expertise, flexible technology infrastructure, global presence, and a commitment to service excellence.

Transform source-to-pay process through robust compliance management

Almost every enterprise has source-to-pay policy challenges, despite strict and centralized purchasing rules. Too often, individual staff members, separate departments, and offices around the world buy from unapproved suppliers. And inefficient supply management and operational processes can compound the problem. Global compliance enforcement is hampered by differing organizational agendas, nonintegrated systems, disparate processes, and the lack of a clear view of spending across all categories.

operations, and invoice processing. With this comprehensive, highly flexible support, we cover your source-to-pay needs from the time we analyze and source a category all the way through to supplier paymentso you can focus on whats important to your business.

How it works
HP transforms your source-to-pay value chain through an approach that emphasizes flexibility, realized savings, and compliance. We begin by helping you appraise your internal operations, comparing performance to industry benchmarks, then create a business case that provides alternative approaches to achieving better outcomes. Utilizing our category expertise, we complete a full spend analysis to understand the total in-scope/addressable spend and prioritize the opportunities. We will build a compliance program and category-specific strategies. We will enable the source-to-pay process with a blend of technology options, either leveraging current investments or offering up new components on a custom or on-demand basis. We assist you with buying products and services, help unify systems, automate processes and transactions, and give you continuous, real-time access to detailed global spend information via online dashboards.

Incorporate flexible technology solutions

By transitioning your procurement activities to HP, you can maximize your potential savings and gain a rapid return on investmentwithout the burden of creating and maintaining an extensive infrastructure on your own. Our technology framework is based on a flexible, integrated, and modular approach that drives realized savings. We offer technology alternatives including an on-demand hosted scenarioto collaboratively find the best technology solution for your specific environment and requirements.

Benefit from an extensive procurement services portfolio

Our range of services encompasses all aspects of procurement, including spend analytics, strategic sourcing, category management, procurement

Features
Spend analytics and benchmarkingspend consolidation, multidimensional reporting, price evaluation, and opportunity identification Sourcing and category managementcategory strategy and expertise, sourcing events (such as RFx and reverse auction), savings targets, category management, and savings tracking Transaction processingcompliance program, integrated helpdesk, catalog management, order processing, invoice posting and payment, and payment recovery services Enabling technologyprocess and transaction automation, decision-support systems, supplier connectivity, and systems integration

What you can achieve

Realize committed savings on spend based on agreed-upon targets, a feature that is unique in the marketplace. Reduce costs and improve productivity across source-to-pay process. Increase compliance with preferred suppliers and contracts. Leverage global spend to bring the greatest savings.

Why HP
HP delivers all aspects of the source-to-pay value chaintransformation consulting, technology upgrades, and ongoing service delivery. We have world-leading systems integration expertise and nearly 20 years of proven vendor management experience across multiple industries. Year over year, we manage $35 billion of spend. HP believes outsourcing is a partnership and collaborates with you on the specific activities, systems, and timeframe for outsourcing that meets your requirements.

A continuous improvement process maximizing value for you

Assessing your environment, business drivers and market offerings to apply appropriate source-to-pay strategies Upgrading technology to sustain cost savings Reengineering processes to improve efficiency and maximize compliance Managing transactions to minimize your operational costs and help you focus on core business Ensuring spend transparency and effective governance via real-time dashboards and key performance metrics

For more information

Go to www.hp.com/enterprise/bpo

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Copyright 2009-2010 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein. 4AA2-8336ENW, Created August 2009; Updated August 2010, Rev. 5