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Digital Spend Control Tower
Digital Spend Control Tower offers fully digitized operation for E2E spend control tower, which enables more effective and efficient indirect spend management
Digital Spend Control Tower
Digital Spend Control Tower offers fully digitized operation for E2E spend control tower, which enables more effective and efficient indirect spend management
What it is
A spend control tower is a (bi-)weekly meeting to challenge all new spend requests for addressable Indirect spend
For each spend request above a certain threshold value, SCT team can approve, modify, defer or cancel the request (decision outcomes)
Digital SCT is a solution to digitize this SCT methodology. The tool will provide status overview of PRs(Purchase Request) in the pipeline and level of spend approved, per category or site or business unit.
Digital SCTs are simpler and more efficient to run, and allow for easier scaling and for the Team to focus on challenging instead of much administration tasks
Digital Spend Control Tower can provide…
Automated workflow
User journey based
Easy to navigate
Ability for manual request creation
Excellent dashboarding
Best-in-class security
3 Key elements of a Spend Control Tower
Check out a demo
SCT rapidly reduce spend by challenging every discretionary spend request
How it works
The Spend Control Tower follows a standard process to challenge every discretionary spend
Why it is relevant
Improve ex-ante overall indirect spend transparency, e.g., Professional Services, Contractors, (part of) IT, HR, Marketing & market data…
Improve cash transparency and implement tighter cash controls, e.g., overdue management
Strengthen mindsets and behaviors to build a spend and cash conscious culture
Contribute to cash and recurring savings, typically
5 - 15%
of spend / cash improvement on addressed scope; actual savings depend strongly on need for change, leadership support and current cost levels
What the output looks like
Case Management:
PR (Purchase Request) overview – What PRs to plan and previous meeting decision results per PR
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Performance Management:
Impact and decision overview per SCT meeting
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Executive Dashboard:
Program Impact over time across and per SCT
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SCT Meeting Management:
Used during SCT meeting, list meeting by meeting date & Time
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Data Hygiene:
Show PRs (Purchase Request) with critical and potential data quality issues
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Here are some client examples
SCT optimization at a European company leads to ~13% savings
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Achieving a 40% reduction in discretionary spend in a distressed heavy industrial operation
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SCT enabled us to deliver 10% indirect spend improvement in the context of a packaging company transformation
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A rapid SCT roll-out enabled our client to reduce their spend by 15% during the first 2 months
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A global Advanced Industries manufacturer achieved 11% spend reduction within the first 3 months using SCT
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SCT for a Consumer goods company
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GEM – Basic Materials client case – multi-site SCT roll-out
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Telecom client decided to implement the d-SCT with a focus on the critical and urgent requirements achieving direct savings ~7%
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By working with us, you will have access to
Experts
Our industry and functional experts will be on the ground where and when you need them.
Helpdesk
Our helpdesk will keep doors open and commit to addressing your concerns efficiently and effectively.
Training
We offer coaching and build capabilities for your teams to deliver sustained improvements.
Implementation
We partner with you and co-create a firm path to implementation as part of the project.