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Spend management
Xchanging Procurement Services work continually with users, suppliers and processes to enhance and provide a more efficient ways to manage your spend. Spend management makes the savings immediate through best practice sourcing sustainable over the longer term.
By building strong relationships with suppliers and stakeholders we work to resolve issues and continually drive performance improvements to make life easier and more cost-effective for you.
Our customers gain benefit from our category specific services. These make sure your procurement organisation get the best value on every transaction. We have invested in the best of breed category portals and processes that direct end users to select the right supplier at the right price every time. Some category examples are as below:
- Resourcing: Our resourcing service makes sure you get the best value in fulfilling temporary labour and contractor requirements. Our team currently delivers significant benefits through the capture of uncontrolled expenditure, managing pay rates and agency margins based on local conditions and keeping our customers compliant to the latest legislation (e.g. Agency Workers Regulations).
- Learning and development: Our learning and development (L&D) service reduces the cost and increases the value you get from L&D consulting, funded learning programmes, technical training, training administration and talent management. We look at every potential cost element – from course booking, venue and accommodation through to course billing and payment.
- Travel: Our travel service is a comprehensive booking and fulfilment facility for the provision of air, hotel, car rental, conferences and events, passports and visas and more. Customer’s trust us with £180 million of their travel spend for over 750,000 transactions globally every year.
- Professional services: Our professional services category controls the cost of inputs such as legal and expert fees. Traditionally, these spend areas have represented a challenge for inhouse procurement departments. You can trust us with this task because we make it easy for our customers to see what is being procured, by whom, from which supplier and at what price. Our technology provides a clear picture of billing issues, billing errors and the average time taken to settle invoices.
